Quotes About Janet Yellen

I felt that the Fed had always been the agency that picked up the pieces when there was a financial crisis, and it was invented to do exactly that.

We have put in place policies through supervision and regulation that has greatly enhanced the safety and soundness of the banking system.

In the five years since the end of the Great Recession, the economy has made considerable progress in recovering from the largest and most sustained loss of employment in the United States since the Great Depression.

Housing is a relatively small sector of the economy, and its decline should be self-correcting.

Inequality has risen to the point that it seems to me worthwhile for the U.S. to seriously consider taking the risk of making our economy more rewarding for more of the people.

I won't stand idly by watching Janet Yellen radically transform the IRS into a leftist, Praetorian Guard that spies on Americans' private financial transactions.

I continue to think many of the factors holding down inflation are transitory... We want to be careful not to jump to a premature conclusion about what's in store for the U.S. economy.

A higher IOER rate encourages banks to raise the interest rates they charge, putting upward pressure on market interest rates regardless of the level of reserves in the banking sector. While adjusting the IOER rate is an effective way to move market interest rates when reserves are plentiful, federal funds have generally traded below this rate.

I want to be completely clear that I strongly oppose 'Audit the Fed.'