Feb 10, 2016
The level of new construction of residential investment remains quite low relative to underlying demographic trends.
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.
congress.gov
Feb 9, 2016
Every Fed Chair that I can remember has come and told Congress that this is a looming problem with serious economic consequences.
Dec 2, 2015
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.
Dec 2, 2015
The trends in income, or disposable income for households, are one of the most important factors determining consumer spending.
Dec 2, 2015
This is an approach to monetary policy that severely threatens the independence of the Federal Reserve.
Dec 2, 2015
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.
Dec 2, 2015
I think that small community banks really are suffering from regulatory overload.
Dec 2, 2015
It would subject us to regular GAO audits of our monetary policy decision-making.
Dec 2, 2015
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.
Dec 2, 2015
Millions of Americans would have suffered unnecessary spells of joblessness over that period.
Dec 2, 2015
The consumer spending we are seeing is not largely being supported by taking on additional debt.
Dec 2, 2015
This legislation would severely damage the U.S. economy were it to become law.
Nov 3, 2015
It is important to the Fed to be able to put in place the supervision program that we regard as appropriate for a particular institution.
Nov 3, 2015
The interest we pay on excess reserves will be the key tool that we use in order to raise the Federal funds rate.
Nov 3, 2015
I pledge that we will try to be proactive in looking for--actively looking for ways that we can reduce burden.
Nov 3, 2015
Absolutely not. And there was nothing, as far as I know, about 'full investigation.'
Nov 3, 2015
I think the United States was very fortunate that from the Great Depression until 2008 we never suffered a major financial crisis.
Nov 3, 2015
I think the approach that we have currently that is in Dodd-Frank is quite adequate.
Nov 3, 2015
I think it is important to take a step back here and to recognize that we lived through a devastating--
Nov 3, 2015
I think the answer for the kind of analysis that you have in mind is probably no.
Politicians like Janet Yellen
