We want to do our very best to make sure that community banks aren't burdened with all that regulation.
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.
Certainly, faster growth in wages would be merited just on the basis of productivity growth...
We want to listen to their concerns and understand them, and we are doing our very best to listen and try to tailor an appropriate set of capital requirements and other regulations.
I think in the early years after the financial crisis, fiscal policy provided considerable support to the recovery.
I don't believe in chaining--that the Fed should chain itself to any mechanical rule.
It is obviously critically important that the Federal Reserve be accountable to Congress.
Yes. I mean, we expect to report to you on the findings of these investigations, and if the need and suggestions for improvement are found, we expect to put those into effect.





