We clearly want to see continued improvement in the labor market, and we want to do nothing that would threaten that.
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.
So I would push back against the notion that we are unduly affected by the ups and downs of the stock market.
We have been working to improve implementation of the CRA regulations with other banking regulators...
Monetary policy has been aimed at trying to achieve a strong recovery in the job market.
Certainly, education and training are matters that are within Congress' domain to consider how to make sure that individuals have access to a world-class education that is going to enable them to earn a higher wage.
I did indicate my concern with the sustainability of the debt path that the Unites States is on.
I strongly endorse, and the FOMC strongly endorses following a systematic policy.
You should be aware that interest rates are likely to rise and that will raise the interest cost of the debt.
It is hard to say. Certainly, lending standards are much tighter than they were in the run-up to the financial crisis...





