America has come a long way since the dark days of the financial crisis, and small businesses deserve a considerable share of the credit for the investment and hiring that have brought that progress.
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.
I agree that it is appropriate for the Board of Governors to be fully involved in important decisions relating to the enforcement and supervisory matters.
I hope that you and society at large will make sure that she has access to a good college education.
I do think it's appropriate for us to make changes, and I fully expect that we will.
We have indicated that as long as we continue to see improvements in the labor market... we anticipate continuing to reduce the pace of our asset purchases in measured steps.
the Collins Amendment does restrict what is possible for the Federal Reserve.
I think almost all economists think that the minimum wage has two main effects: one is to give higher wages to those who continue to have jobs and were earning the minimum wage; and then, second, that there would be some amount of negative…
Sometimes the long-term unemployed do need to acquire different skills in order to be reabsorbed into the job market.
the unemployment rate is not the Committee's definition of what constitutes full employment.
I strongly support and would urge the Congress to address the issue of GSE reform.





