Janet Yellen: “I have never seen the focus in regulation to be politicized at all.”

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.

the tax cuts passed by Donald Trump and Congressional Republicans... was responsible for many of the problems that we face now with our fiscal trajectory.

Absolutely, I think it's an irresponsible bill, tying support for Israel, lacking support for Ukraine, which are both vital national security interests, and then, tying aid for Israel to what is really an irresponsible proposal, to cut…

We will respond to the letter, and I don't really have more to say about that.