Janet Yellen: “I strongly believe that monetary policy is most effective when the public understands what the Fed is trying to do.”

We need to enact policies to make sure that the debt stays sustainable and we are on a fiscally sustainable path.

The president has made clear that he would veto the bill in the House that ties aid for Israel to cuts in funding for the Internal Revenue Service.

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.

In 2023, Yellen said the decision was 'arbitrary and based on outdated data.'