Janet Yellen

He has explicitly said that he will not agree to raise taxes for people making under $400,000.

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

In 2034, under our budget, I believe it would be around 45 trillion.

The U.S. is prepared to use sanctions and other tools at their disposal to try to disrupt Iran's destabilizing activity in the region.

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.

I think what we found during that time was that implementing strong capital, liquidity, and risk management rules led to a stronger banking system.

The price cap on Russian oil has significantly reduced Russian revenue over the last 10 months.

We have not in any way relaxed our sanctions on Iranian oil.

I'm very troubled by this. I was appalled by the brutal attacks by Hamas on Israel, and felt that Israel deserves our unqualified support.

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.

Absolutely, I think it's an irresponsible bill, tying support for Israel, lacking support for Ukraine, which are both vital national security interests, and then, tying aid for Israel to what is really an irresponsible proposal, to cut…

The treasury secretary, Janet Yellen, is my exclusive guest tonight.

The fact that the dollar is used as a reserve currency and plays such a huge role in international transactions does enable our sanctions to be much more effective.

I believe strongly that a diversified set of financial institutions is best for America.

I believe it succeeded.

We are concerned about China's role in the Caribbean and in Latin America more generally.

It is critical that we remain on a fiscally-sustainable course.

It is important for the dollar to remain the global reserve currency.

That is the view that we have taken recently.

I think this is an area where congressional legislation is appropriate to create an appropriate prudential framework.

I think we gain and China gains from trade and investment that is as open as possible, and it would be disastrous for us to attempt to decouple from China.

We will not support or vote in favor of any World Bank lending to China.

President Biden proposed a full-blown budget that contains substantial deficit reduction, $3 trillion over 10 years.

The Biden Administration has generally taken the view that it is up to Congress to decide what to do about that.

It certainly does have a disparate impact on different States.