Janet Yellen

President Biden has said he would oppose allowing tax cuts to expire for people making under $400,000.

I think it is appropriate to do that.

He will oppose any tax increases on families earning under $400,000 at the same time that he will oppose keeping in place benefits that went to the wealthy.

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

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…

I believe that there should be a process with multiple bidders.

We stand with Ukraine, and we will do so for as long as it takes.

Republicans, on the other hand, are failing to lead.

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

The contrast between Democrats and Republicans is clear.

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

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 very much want to see Harriet Tubman on the $20 bill, and I have promised, and I am doing everything I possibly can to expedite that process.

It is this level of leadership that Secretary Yellen has also demonstrated on the world stage.

It certainly does have a disparate impact on different States.

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

I believe it succeeded.

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