Janet Yellen

We are committed to a formal rulemaking process in the development of a domestic insurance capital standard.

We have articulated in a clear statement what our objectives are: 2 percent inflation and our interpretation of maximum employment.

Every Fed Chair that I can remember has come and told Congress that this is a looming problem with serious economic consequences.

I think that small community banks really are suffering from regulatory overload.

This legislation would severely damage the U.S. economy were it to become law.

Many FOMC participants indicated in September that they anticipated, in light of their economic forecast at the time, that it would be appropriate to raise the target range for the Federal Funds Rate by the end of the year.

It is, it is on you.

The trends in income, or disposable income for households, are one of the most important factors determining consumer spending.

It would subject us to regular GAO audits of our monetary policy decision-making.

The consumer spending we are seeing is not largely being supported by taking on additional debt.

Job growth has been pretty solid now for a number of years.

This is an approach to monetary policy that severely threatens the independence of the Federal Reserve.

The Highway bill, as I understand it, will take a large share of our operating surplus, which is part of the Federal Reserve's capital, to pay for this bill and not allow us to build it up.

If the Fed had been forced to follow such a rule in recent years, millions of Americans would have suffered unnecessary spells of joblessness over this period.

Millions of Americans would have suffered unnecessary spells of joblessness over that period.

The interest we pay on excess reserves will be the key tool that we use in order to raise the Federal funds rate.

I think the answer for the kind of analysis that you have in mind is probably no.

I think that we have improved capital standards by raising the quantity and quality of capital we demand particularly of the most systemic organizations.

I think the United States was very fortunate that from the Great Depression until 2008 we never suffered a major financial crisis.

Absolutely not. And there was nothing, as far as I know, about 'full investigation.'

I know it has been alleged that that was a weakening of the requirements. It absolutely was not in any way a weakening of our requirements.

The FSOC. I have said that--what I said was that the FSOC--

I might have some concern with that.

I will certainly look into that.

I think it is important to take a step back here and to recognize that we lived through a devastating--