Janet Yellen

November has been a very significant month for our economy, and Congress is a large part of the reason why.

Our economic recovery is on track. We are averaging half-a-million new jobs per month since January.

America must pay its bills on time and in full.

Build Back Better is the right economic decision for many reasons.

I believe that it will succeed in having that impact.

Our economic recovery is on track. We are averaging half-a-million new jobs per month since January, and GDP now exceeds its prepandemic levels.

It is clear that what has separated us from that counterfactual are the bold relief measures Congress has enacted during the crisis.

I am worried about the trajectory of where it is going. It is not stable. We are not living within our means right now.

I do support it. I think it is important that the IRS have visibility into opaque income streams.

the subsidies for childcare and the universal 2 years of pre-K, both of those things, I believe, will enhance labor force participation.

I think it is mainly directed at affordable housing. In total, I think the housing-related provisions amount to almost $150 billion.

Our economy has needed updated roads, ports, and broadband networks for many years now, and I am very grateful that on the night of November 5, members of both parties came together to pass the largest infrastructure package in American…

Ultimately, the reason that the United States dollar is the reserve currency in the world is because people trust the United States economy.

a default on the U.S. debt would be catastrophic from the standpoint of our credibility

If Congress doesn’t raise what’s called the debt ceiling by October 18th, it could trigger a recession.

failing to raise the debt ceiling would lead to, 'a catastrophe,'

It would be a catastrophe if Congress failed to raise the debt ceiling.

I couldn't possibly think of a better way to honor Harriet Tubman's legacy and her courage in fighting for the freedom of enslaved people and women's right to vote than seeing her on the $20 bill.

It is necessary to pay our bills.

Republicans and Democrats need to share that responsibility.

Treasury Secretary Janet Yellen today told lawmakers that government will essentially run out of money on October 18 if the federal debt limit isn`t raised.

America would default for the first time in history. The full faith and credit of the United States would be impaired and our country would likely face a financial crisis and economic recession as a result.

It is imperative that Congress address the debt limit.

failing to increase the debt limit would have catastrophic economic consequences.

It is imperative that Congress address the debt limit. If not, our current estimate is the treasury will likely exhaust its extraordinary measures by October 18th. At that point, we expect treasury would be left with very limited resources…