Janet Yellen: “We would agree with the CBO analysis that led to a score of a $367 billion deficit over 10 years.”

I will never forget it. I was involved in it, and we did everything we could to put together a package of measures that would stop what could have become a run on the banking system.

I am optimistic, because I believe that the big inflationary impulse that we saw in 2022 largely was global.

We have not in any way relaxed our sanctions on Iranian oil.

I do have concern about where we are going unless we undertake some significant steps to reduce the budget deficit.