Because there is public interest in what would happen under such a scenario.
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 do not think stress testing our balance sheet is something that is necessary.
I believe that the way we are setting it is legal and consistent with the Act.
I consider a 12 basis point difference to be really quite small and in line with the general level of interest rates.
Only Congress can determine whether it is appropriate to amend Federal law in this area.
Unemployment rates for lower skilled workers and workers in goods producing industries are around twice as high as those for highly skilled workers
I said that we were monitoring it and that it could have consequences with the United States.
The one-size-fits-all approach by the Fed in the executive compensation rule is counter to the agency's own statements on thrift insurers.
I believe it is important to have a diverse group of policymakers who can bring different perspectives to bear.
I think it could have significant economic consequences by launching a period of uncertainty.
Only Congress has the authority to act to determine whether it is appropriate to amend Federal law governing marijuana possession, sales, and distribution.
I think our authority is extremely limited, and it would not be appropriate for us to give loans to Puerto Rico.
The Federal Reserve's job is to try to achieve maximum employment and broad gains in the labor market that are as widely distributed as possible.
Most analyses suggest it would have negative economic consequences for the U.K. and spillovers to Europe more broadly speaking.
I do not think an impact of low interest rates has been to stimulate an investment boom or a boom in capacity.
The outlook for the U.S. economy is favorable, its biggest threat is a weak global economy dragging down manufacturing and net exports.
These standards, which changed little since the draft was released a few years prior, unfortunately fall short of what is necessary to achieve real progress.
Job creation has perhaps been more heavily skewed toward sectors that have lower pay
I was highly attentive to making sure...that I was aware of developments all around our region.
It is critically important to make sure that they hold more capital liquidity.





