Janet Yellen: “Before the financial crisis under President Bush, our country saw policies of 'trickle-down economics,' focused on tax…”

I would expect inflation, on a year-over-year basis of this year, to shoot up to at least 3%, or slightly over, because of the tariffs.

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.

There will be a negotiation over what to do when these tax cuts expire.

In 2023, Yellen said the decision was 'arbitrary and based on outdated data.'