Janet Yellen

It is a fundamental, basic responsibility of Congress to pay the Government's bills. And I call on Congress to expeditiously raise the debt ceiling.

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

We are changing that. Our budget request provides steady State operational funding that will allow taxpayers to receive the best service possible.

I would love to know who is responsible for that.

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

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.

prioritization is default by another name.

I share your concerns about endemic corruption in Lebanon, officials' reluctance to implement reforms, and stalled presidential elections.

The President has, as you mentioned, pledged he does not want to see taxes raised by a penny on anyone making under that.

Our stress testing regime is forcing banks to greatly improve their risk management and capital planning.

It is important that we maintain the improvements that have been put in place that mitigate the risk and the potential damage.

It is important that we maintain the improvements that have been put in place that mitigate the risk and the potential damage.

The President has, as you mentioned, pledged he does not want to see taxes raised by a penny on anyone making under that.

Our stress testing regime is forcing banks to greatly improve their risk management and capital planning.

The President has, as you mentioned, pledged he does not want to see taxes raised by a penny on anyone making under that.

Our stress testing regime is forcing banks to greatly improve their risk management and capital planning.

The President and I have committed that there will be no increase in audit rates on individuals or small businesses under $400,000, and I stand by that pledge.

I think the United States really faces a housing supply gap, and we need initiatives to make rents more affordable and home ownership attainable for Americans.

The child credit, tax credit was expanded in the American Rescue Plan. And that was important because the pandemic especially hit low-income families very hard.

I think it is a very important tool to promote investment in communities that have historically been left behind.

The President's budget doesn't contain a penny of new taxes on any individual earning under $400,000, or small business earning under $400,000.

Well, I--it is--I think it is entirely fair that extremely wealthy people should----

It is important for the IRS to make sure that their tax administration is fair.

There were considerations on both sides, and a decision was made to include Fed deposits.

And the decision was made at the time that the leverage ratio is not our main capital tool, but a backup capital tool that is intended to, in a crude kind of way, base capital requirements on the overall size of a firm's balance sheet.