So, of course, our finances need to be on a sustainable long-run path, and that is a very critical responsibility for all of us.
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.
There are no requirements by Government that I am aware of to force anyone to lend for any particular project or not to lend to businesses that are involved in carbon-emitting activities.
I think the world faces a profound crisis in connection with climate, and it is appropriate for Government, the private sector as well, to focus on how we can mitigate the risks.
We are meeting at a hopeful moment for the economy, but still a daunting one.
While we are seeing signs of recovery, we should be clear-eyed about the hole we are digging out of.
climate change poses very severe risks to the well-being of humanity, and it is a global problem that demands a global solution.
I think oversight is very important, and I pledge to work with this committee and the oversight groups.
Thank you. You are putting on a master class in how government should work in the furnace of a crisis, and I am grateful to be your colleague.





