I very much want to see Harriet Tubman on the $20 bill, and I have promised, and I am doing everything I possibly can to expedite that process.
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.
we're all concerned about deficits and fiscal responsibility, but deficits can be addressed both through changes in spending and also through changes in revenue.
There can be no acceptable outcomes if the debt ceiling isn't raised, regardless of what decisions we make.
the odds of reaching June 15th, while being able to pay all of our bills, is quite low.
I indicated in my last letter to Congress that we expect to be unable to pay all of our bills in early June, and possibly as soon as June 1st.
It is important to be clear, shareholders and debt holders of the failed banks are not being protected by the government.
Thank you for inviting me to join you today, and I would also like to thank you for your leadership of this subcommittee and support of the Treasury Department.
The Trump tax cuts added hugely to the deficit. I wish I recalled, it was something like $2 trillion over 10 years.





