Janet Yellen: “I do not think stress testing our balance sheet is something that is necessary.”

We certainly have proposed extending the Child Tax Credit, which was immensely helpful, and we are supportive of the legislation that has gone through the House.

In 2023, Yellen said the decision was 'arbitrary and based on outdated data.'

I think what we found during that time was that implementing strong capital, liquidity, and risk management rules led to a stronger banking system.

The price cap on Russian oil has significantly reduced Russian revenue over the last 10 months.