Janet Yellen

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

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.

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

The contrast between Democrats and Republicans is clear.

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

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

There will be hard choices to make about what bills go unpaid.

The odds of reaching June 15th, while being able to pay all of our bills, is quite low.

There can be no acceptable outcomes if the debt ceiling isn't raised, regardless of what decisions we make.

We're all concerned about deficits and fiscal responsibility, but deficits can be addressed both through changes in spending and also through changes in revenue.

Since 1789, the United States has a history of paying its bills on time.

I indicated in my last letter to Congress that we expect to be unable to pay all of our bills in early June, and possibly as soon as June 1st.

The Trump tax cuts added hugely to the deficit. I wish I recalled, it was something like $2 trillion over 10 years.

The Trump tax cuts added hugely to the deficit. I wish I recalled, it was something like $2 trillion over 10 years.

The strong actions we have taken ensure that Americans' deposits are safe.

It is important to be clear, shareholders and debt holders of the failed banks are not being protected by the government.

Thank you for inviting me to join you today, and I would also like to thank you for your leadership of this subcommittee and support of the Treasury Department.

The Trump tax cuts added hugely to the deficit.

That those who were responsible for the failure of a bank should not be profiting when stockholders and investors in the bank are taking--forced to take losses.

The failure to raise the debt ceiling would cause an economic and financial catastrophe.

We are also asking for an increase for the Community Development Financial Institutions (CDFI) Fund, which expands credit and financial support to historically underserved communities.

Prioritization is default by another name.

You know, what I am focused on right now is trying to stabilize the banking system.

I would love to know who is responsible for that.

It includes $244 million for the Office of Terrorism and Financial Intelligence to continue to administer, enforce, and modernize our sanctions regime.