I believe it would precipitate a financial crisis. It would threaten the jobs and savings of Americans.
Janet Yellen
The Public Record
Janet Louise Yellen is an American economist currently serving as the 78th United States Secretary of the Treasury, a position she has held since January 26, 2021. She is a member of the Democratic Party and has a distinguished career in economic policy and public service. Yellen previously served as the Chair of the Federal Reserve from 2014 to 2018, becoming the first woman to hold that role. During her tenure at the Federal Reserve, she focused on issues such as unemployment and inflation, advocating for policies aimed at economic recovery following the 2008 financial crisis.
I think this is what most economists think--that the current burst of inflation we have seen reflects the difficulties of reopening an economy that has been shut down.
Climate change requires economy-wide investments by industry and government.
I don't think there's going to be an inflationary problem, but if there is, the Fed will be counted on to address it.
It is intended to counter foreign company profit shifting by denying deductions to firms operating in the United States.
China is our most serious competitor, and that it poses challenges to our security and our democratic values.
I am hopeful China will decide it is in their interests to join this agreement, but I do pledge that this is not an agreement that we will weaken.
The Neighborhood Homes Investment Act... fills a need that is really not addressed anywhere else, as far as I know, in our tax structure.
While the highest earners have seen their income grow, families at the bottom end of the distribution have seen their pay stagnate.
The New Markets Tax Credit--as you mentioned, the President has proposed an additional allocation. And we think that it is an important way of channeling funds to qualified community development entities that, in turn, can make investments…





