Janet Yellen

I appreciate your describing to me the problems that your State and others face

I think the world faces a profound crisis in connection with climate, and it is appropriate for Government, the private sector as well, to focus on how we can mitigate the risks.

I think it is appropriate to designate institutions whose failure would pose a material risk to U.S. financial stability.

There are no requirements by Government that I am aware of to force anyone to lend for any particular project or not to lend to businesses that are involved in carbon-emitting activities.

We are committed to getting this money into the hands of homeowners at risk of foreclosure and falling behind on their payments as soon as possible.

The current crisis has increased the need for global reserves.

What stands out is paid leave and affordable child care as to things that distinguish the United States from those countries.

So, of course, our finances need to be on a sustainable long-run path, and that is a very critical responsibility for all of us.

I promise that we will work with you when our staff can be in contact with yours

I think it is important to look very carefully at the risks posed by the asset management industry, including BlackRock and other firms.

Yes, and I am very focused on pursuing diversity and hiring to make sure that we do have diversity in the economics team at Treasury and throughout Treasury.

We are working on it 24/7 to get it out as rapidly as we possibly can.

We will certainly, as the law requires, consult with Congress.

We are meeting at a hopeful moment for the economy, but still a daunting one.

Congress does need to provide legislation for the LIBOR transition.

Climate change poses very severe risks to the well-being of humanity, and it is a global problem that demands a global solution.

I have concerns about the impact of children not being in school, and it is an important objective to reopen the schools safely as soon as we can.

Since taking office 2 months ago, we have been expediting relief to areas of greatest need, for example, small businesses and especially the smallest small businesses, which are disproportionately owned by women and people of color.

There is an important increase in the child tax credit that is going to result in, along with other provisions, a 50-percent reduction in the child poverty rate.

I think it is extremely important.

I think oversight is very important, and I pledge to work with this committee and the oversight groups.

Thank you. You are putting on a master class in how government should work in the furnace of a crisis, and I am grateful to be your colleague.

There are 22 million people who say they don't have enough food to eat: 1 in 10 adults are hungry in America.

While we are seeing signs of recovery, we should be clear-eyed about the hole we are digging out of.

A key purpose of the [G-SIB] capital surcharge is to require the firms themselves to bear the costs that their failure would impose on others.