On the recordApril 29, 2024
I think it is appropriate to do that.
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congress.govI think it is appropriate to do that.
Yellen supports raising tariffs on Chinese steel to level the playing field.
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The Trump tax cuts added hugely to the deficit. I wish I recalled, it was something like $2 trillion over 10 years.
The fact that the dollar is used as a reserve currency and plays such a huge role in international transactions does enable our sanctions to be much more effective.
I think this is an area where congressional legislation is appropriate to create an appropriate prudential framework.
the Biden Administration has generally taken the view that it is up to Congress to decide what to do about that.