Political Quotes

Janet Yellen: We are certainly trying to be faithful to the intent of this rule, which is to eliminate short-term financial…

On the recordNovember 13, 2013
We are certainly trying to be faithful to the intent of this rule, which is to eliminate short-term financial speculation in institutions that enjoy the protection of the safety net.
Said by
Janet Yellen
Democratic · California

Editor's note · Context

Yellen affirms commitment to the intent of the Volcker Rule.

Share

More from Janet Yellen

May 15, 2025

In 2023, Yellen said the decision was 'arbitrary and based on outdated data.'

cnn.com
Apr 29, 2024

President Biden has made absolutely clear that he opposes increasing taxes on people earning less than $400,000.

congress.gov
Jun 11, 2025

The most recent and optimistic estimate I’ve seen suggested that the average household will see on the order of $1,000 reduction in income.

nbcnews.com
Jun 11, 2025

I definitely expect that we’re going to see them impact pricing.

nbcnews.com

Other voices in this conversation