secretary yellen, let me just ask. do you happen to know how much the four biggest banks return to their shareholders to buybacks and dividends over the last decade? >> i don't know the exact -- >> actually looked this up. $630 billion. and do you know how much the average ceo pay at the big banks? in just 2022, just this one year? >> i am not sure. my guess would be around $30 million. >> $20 million. very close there. so higher capital requirements may mean fewer stock requirements and smaller bonuses for the ceos. these giant banks say they will stop making mortgage loans if they have to hold a little more capital. but i have got to say here, who can trust these guys? in 2020, jamie diamond at j.p. morgan made big headlines when he pledged to make 40,000 mortgage loans to black applicants. 40,000. that is a lot. more than three years later, how many loans that they actually made to black applicants? 122. yeah. so that is what this is all about. the biggest banks want to be able to push hundreds of millions of dollar

miss yellen is a very smart lady. i'm not saying she is not.er hands are tied with respect to policies. i'm not even sure she basically agrees but i want to make, i want to make one point. if you don't cut spending someplace, somehow, you're never even going to curb budget deficits. you want to curb the economy. she has 2% growth path. that is standard washington stuff, especially with all the tax hikes, they will come in lower than two. that is the convention, everybody has 2% growth path. if you don't have spending russ vought, somewhere, somehow, someplace you're never even getting remotely close to a balanced budget? >> well its more than even just a balanced budget. it is if you don't take care of spending and the fiscal situation, what happens when you enter a crisis and you can't predict when the crisis is going to happen, then you get into a real austerity moment, they used to say during the obama administration tall talking about austerity. that is not austerity. austerity what greece faces where they're is no buying because people don

secretary yellen, thank you. i know this committee hearing and the preparation time for our hearing for this takes a huge chunk out of maybe the most complicated job in the federal government, certainly one of most, get it every week, it seems, we learn about another responsibility that's trying to drain the departmentse health. thank you, and in light of what senator warnock said, i remember the call we had after n the president signed the american recovery act and we passed it on march 6, he signed it within a couple of weeks. our conversation, you immediately brought in commissioner reddick who was a trump appointee, who was reasonable and professional and we got that moving and by july, checks went out to the families of 60 million children, 2 million of them in my state, it would change the lives dramatically if we could renew it as we are trying to do in a tax bill now. but thank you for the senators who wish to submit question, one week from today, the 15th of february, then you will have 45 days, you and

janet yellen.rmland problem and the chinese communist problem is she's too busy out there trying to raise a taxes on everything; corporations, individuals, capital gains, dividends. you name it, if it moves, she wants to tax it. >> larry, by the way, i read your book. "cutting taxes, cutting regulations." it's the best way to have a productive economy. and as you said in your book, the most productive and successful presidents in this country have cut faxes, have have -- taxes, have cut regulation for better and bigger growth. and that's what we have to do. janet yellen, she's way out of her league. she's talked about things more for china and russia than for us. at the end of the day, we're going to take this back over and if try and get some reality back in the united states of america especially when it comes to helping our workers. larry: yes, sir. >> you raise taxes, larry, we're going to put people out of work. larry: i'd have sent you the book for free, senator tuberville, but i'm thrilled t

secretary yellen. we ought to determine how much it cost us in lost time and productivity to do the process that we have done this last 16, 17 months. you don't have that now, but i would suggest that we would get that number because that is the cost. and that is the real cost, which is more than that because of the lack of confidence that people will have that this government could run in an effective matter. both parties are to blame. this is not a party problem. it is a human problem of delay. and it is pretty harsh. but that's where it is now. now let me ask you a question. when is the last time we would have $650 billion of additional investment? which i think was motivated by the infrastructure bill by the science and chips bill and the ira. when is the last time you would have $650 billion in one year of additional private sector investment? >> i honestly can't think of a time when we would have such a response. it has been absolutely dramatic. i think it has been driven by the trifecta of legis

as erin mentioned, janet yellen | american voters.ption will be like. they have been hosting their asia davos in china and had theirforeign their asia davos in china and had their foreign investment forum as well, they have had a lot of american ceos with them talking about doing deals. you can't aet talking about doing deals. you can't get away _ talking about doing deals. ym. can't get away from the fact china is an integral part of the global economy in so many american businesses want to be in china so janet yellen has a difficult path, a strong message for the us government but also making sure it is not making life harder than it already is for us businesses to operate in china, which is a key market for their products. 0k, key market for their products. ok, chris, good to get your take. we will see you soon. have a great day. to asia now, where the japanese yen has slumped to a 34—year low against the us dollar. on wednesday, the yen was trading at almost 152 to the dollar, despite a historic shift away from negative interest r

questions, one for ■ódirector young and one for secretary yellen.e disparate impact on minority communities. americans with annual incomes to $100,000 range, they have the highest rates of medical debt. there are products on the rket consumers pay for unexpected medical expenses that are not covered by the aca qualified health plan. i am concerned about a regulation under review at omb that we have spoken abouqmar, r changes that will be imposed on the fixed identity insurance market under a tri-agency proposed rule■a issued in the summer. overall, if the rule were finalized as it is, it would do more harm than millions of americans. there is universal agreement that consumers should be protected from sham insurance prodtsmisled into believing they are purchasing aca compliant plans. but there are exisng mechanconcerns witho -- financial protection supplemental or fixed indemnity coverage. the ftc recently announced $100 million enforcement action against a company th lling sham products. this is proof positive that the administration has existing e

secretary yellen.ht to determine how much it cost us in lost time and productivity to do the process that we have done this last 16, 17 months. you don't have that now, but i would suggest that we would get that number because that is the cost. and that is the real cost, which is more than that because of the lack of confidence that people will have that this government could run in an effective matter. both parties are to blame. this is not a party problem. it is a human problem of delay. and it is pretty harsh. but that's where it is now. now let me ask you a question. when is the last time 6ewe woul have $650 billion of additional investment? which i think was motivated by the infrastructure bill by the science and chips bill and the ira. when is the last time you would have $650 billion in one year of additional private sector investment? >> i honestly can't think of a time when we would have such a response. it has been absolutely dramatic. i think it has been driven by the trifecta of legislation

edward lawrence sat down for an interview with treasure secretary janet yellen, does not care much you can borrow and tax your way to prosperity,. >> have former embdirector in trump administration, russell vote. either tiktok will be banned or bytedance has to sell it off, fcc commissioner and former chair will weigh in, democrats going to block weapons to israel in i don't think so. but who knows. later on. voters did not like joe biden state of the union message. why don't men want to work, david bahnsen will tell us about, that first up, edward lawrence sat down with ros treasury secretary janet yellen in kentucky. good work we lost him. i see him, he is not -- treasury secretary here, says janet yell et yellen said rate of inflation will fall more this year, overall prices remain too high, she believes that rent is one reason that inflation will come down this year, once the new leases cycle through, i asked her about overall prices up, 18.95% under president biden since the month he took office, and americans with new credit card debt because of the prices. >> the time we spent s

change global markets pick sheet tsdb been more careful than i do but i'm excited that secretary janet yellen is here with us today for a conversation about small business, workforce development all things money. she has decades of experience who has been instrumental empowering our world leading economic recovery and i'm excited to speak with her today so please join me in welcoming secretary janet yellen. [applause] >> thank you. thank you so much. >> madam secretary welcome to michigan. >> i'm delighted to be in michigan and thank you so much for having me. >> we are pleased to have you and there's a lot of excitement from folks here who have come to watch this conversation antic cited to hear from you. >> i'd like to start by asking you a question. president biden and i are very proud of the inflation reduction act it's a piece of legislation the most historic legislation in our countries history to address climate change and clean energy. i think it has an especially important implication for michigan. my question to you is how is it going? how are you finding implementation and challeng

janet yellen herself observed that.ecause that's the difference between growth or potential bankruptcy. some of these companies waking up and seeing a much different interest rate environment. they were expecting free money. they're not getting it. i'm wondering if you're surprised it's taken as long as it has for this economy to get impacted. we had nancy la czar on lazar o. i said the economy seems fine, it's growing. i said are you surprised it took 11 -- it took this long after 11 rate hikes to actually see an impact. listen to what she said. i want to get your take. here's nancy. >> on average, how long does it take for a fed rate he cycle to negatively impact the economy. on average it's 10 quarters so we're just now, it's right now eight quarters, we're moving into the timeline where the lag effects of the timing cycle should be having a negligence i've the impact. maria: so do you agree with that, jim? when you start peeling back the onion, you don't see such a great economy. people are tapping into credit cards

edward lawrence sat down for an interview with treasure secretary janet yellen, does not care much you can borrow and tax your way to prosperity,. >> have former embdirector in trump administration, russell vote. either tiktok will be banned or bytedance has to sell it off, fcc commissioner and former chair will weigh in, democrats going to block weapons to israel in i don't think so. but who knows. later on. voters did not like joe biden state of the union message. why don't men want to work, david bahnsen will tell us about, that first up, edward lawrence sat down with r treasury secretary janet yellen in kentucky. good work we lost him. i see him, he is not -- treasury secretary here, says janet yell yellen said rate of inflation will fall more this year, overall prices remain too high, she believes that rent is one reason that inflation will come down this year, once the new leases cycle through, i asked her about overall prices up, 18.95% under president biden since the month he took office, and americans with new credit card debt because of the prices. >> the time we spent some o

. >>> yellen's warning to china.cretary slamming beijing for distorting the world economy. we'll get the key details when power lunch returns. ameritrade is now part of schwab. bringing you an elevated experience, tailor-made for trader minds. go deeper with thinkorswim: our award-wining trading platforms. unlock support from the schwab trade desk, our team of passionate traders who live and breathe trading. and sharpen your skills with an immersive online education crafted just for traders. all so you can trade brilliantly. ♪(voya)♪ there are some things that work better together. like your workplace benefits and retirement savings. voya provides tools that help you make the right investment and benefit choices. so you can reach today's financial goals and look forward to a more confident future. voya, well planned, well invested, well protected. ♪♪ ♪♪ ♪♪ >>> treasury secretary janet yellen touring a solar plant in georgia this afternoon. megan joining us with more on what secretary yellen had to say about china. >>

secretary yellen.e president about his budget that 20% should be the corporate tax rate, one of the highest in the world, this time at an economic disadvantage to global competitors like china, and even though it is touted as a tax increase on the rich it is widely believed that as much as 75% of the burden on theseorate tax increases fall on the consumers and workers who have lower wages and higher prices. i am just curious, who would this tax increase be good for? >> well, i believe the tax increase would be --d not really harm the competitiveness of business. most studies that have been done suggested that there is very little if any economic benefit from having cut the corporate tax ratethat almost all of the gains went to the wealthiest taxpayers. has deprived us of the revenues we need to deal with our budget deficit. it is probably lowered -- tcja probably lowered revenues as a share of gdp by something to percent, so, that partly explains the deficit. the kind of program that i think is good fo

mario: one of the things janet yellen has tried to do is tight rope.ay she has had workers language towards china -- she has had more terse language towards china, she has also welcomed healthy competition, it wants a healthy environment with china. a fair and competitive environment with china, and not to decouple from china. that is any understanding of how dependent the global economic landscape is on china. the u.s. is trying to make sure it is measuring some of that rhetoric. annmarie: i would like to change topics into what is happening in new york today. president biden is coming flecked by obama and clinton. we have any of panetta. there is everything to be gained by biden standing next to clinton and obama. how difficult is this between going to be when the former president is in new york to attend the funeral of a police officer that died while on duty? mario: it is a sad situation, first of all. it is politics. this is an election year. on the one hand we have joe biden showing he has coalesced to the democratic party. donald trump has point

janet yellen spoke in georgia on wednesday but she aimed her words at china.treasury secretary warned china against flooding the market with cheap clean energy exports. things like electric vehicles and lithium ion batteries. she said that we have seen this story before and likened this moment to the way china overproduced metals such as steel and aluminium years ago. the department says it is not only a question of price ability, they say it also hurts american companies and workers. the us is working on pumping up its own clean energy sector, offering tax breaks and subsidies to developers. meanwhile, the us is taking steps to blunt the power of china's chipmaking industry which it fears can be used to make advanced ai chips that strengthen china's military. it urges ally countries to keep from servicing some important chipmaking tools for china, much like rules already in place in the united states. the chinese president said that such policies will only lead to division and confrontation, adding that no forces can hinder the price of china's technological

janet yellen spoke in georgia on wednesday but she aimed her words at china.sury secretary warned china against flooding the market with cheap clean energy exports. things like electric vehicles and lithium ion batteries. she said that we have seen this story before and likened this moment to the way china overproduced metals such as steel and aluminium years ago. the department says it is not only a question of price ability, they say it also hurts american companies and workers. us is working on pumping up its own clean energy sector offering tax breaks and subsidies to developers. meanwhile the us is taking steps to blunt the power of china �*s to making industry which it fears can be used of china's chipmaking industry which it fears can be used to make advanced ai chips that strengthen china �*s military. it urges ally countries to keep from servicing some important chipmaking tools for china, much like rules already in place in the united states. the chinese president said that such policies will only lead to division and confrontation, adding that no fo

janet yellen spoke in georgia on wednesday but she aimed her words at china. secretary warned china against flooding the market with cheap clean energy exports. things like electric vehicles and lithium ion batteries. she said that we have seen this story before and likened this moment to the way china overproduced metals such as steel and alumina years ago. the department of administration does not only a question of price ability, they say it also hurts american companies and workers. us is working on pumping up its own clean energy sector offering tax breaks and subsidies to developers. meanwhile the us is taking steps to blunt the power of china �*s to making industry which it fears can be used to make advanced ai chips that strengthen china �*s military. it urges ally countries to keep from servicing some important making tools for china, much like rules already in place in the united states. the chinese president said that such policies will only lead to division and confrontation, adding that no forces can hinder the price of china �*s technological pro

treasury secretary janet yellen says insurance companies will help cover reconstruction expense. >> myance payments in part to cover this. but we don't want to allow worrying about where the financing is coming to hold up for construction. maria: joining the pennsylvania congressman dan meuser of the house financial services and small business committees. good to see you, thank you so much for being here. what is your take on this will congress need to pony up more money or is there enough money in the infrastructure package. >> great to be with you maria. it was kind of outrageous for biden to express in the tragedy that is going to use federal funds to pay for an entirety, he doesn't refer to as the american taxpayer dollars on anything, the first reaction and the only reaction tends to be to spend, this was a tragedy we all solid, people lost their lives and it's a very important port as you mentioned a little while ago a lot of pennsylvania's coal ship out of it 25%, automobiles, natural gas. he needs to be corrected but this is singapore flagship number one so what responsibility

in janet yellen may think the economy is on the right track and the backbone may be worried about the future, coming up to get a check to state a small business with the ceo of j.p. morgan chase business banking. as we head to the break we should point out small and mid-cap, ticker s mlt of more than 20% over the last year. not too shabby. "the claman countdown" is coming right back. ♪ starting a business is never easy, but starting it eight months pregnant... that's a different story. with the chase ink card, we got up and running in no time. earn unlimited 1.5% cash back on every purchase with the chase ink business unlimited card. make more of what's yours. the all new godaddy airo helps you get your business online in minutes with the power of ai... ...with a perfect name, a great logo, and a beautiful website. just start with a domain, a few clicks, and you're in business. make now the future at godaddy.com/airo - wounded warrior project has been with me every step of my journey. - they've helped me realize it's possible to rise to the top again. - it's possible to get the help i

what does janet yellen's critique have to do with the palestinian authorities government resignation, because the us president joe biden had a stated before that he would like for a reform pa to rule over the gaza strip, although that is something rejected by hamos. there were reports like how the us was looking to prop up palestinian authority financially. to prepare for post war gaza rule, in which a reform pa was central to the biden administration's vision for post war gaza, but ramala says it may run out of money but month's end, this report came amid warnings from officials in romela that the pa was on the verge of running out of money which could jeopardize its ability to govern the gaza strip once israel's honot against palestinians is over. that is it for this quick take section. if you want to send us your comments or if you have any questions, send them to us. contact info is coming up. i'm mattia bosan and i'll see you next week. the economy of the west bank, the gaza strip and palestine as a whole will not have any chances of a real economic recovery unless the broader pa

joining me now, i'm honored to say, treasury secretary janet yellen.y much for coming on our program today. i wanted to ask you about the collapse of a major port, baltimore. i think it's the ninth largest in the u.s. it's not going to be open for months potentially. they don't know yet. from your perch as treasury secretary, what's the cost to the auto dealers and others waiting for light trucks and cars as well as farm equipment that comes through that port with this extended shutdown? >> first, let me say that my thoughts are very much with the victims of this tragedy. grateful due to quick thinking of people on the bridge that there wasn't more loss of life. we are trying to evaluate now what the impact may be of the bridge collapse. president biden has indicated that we will do everything as quickly as we possibly can to reopen the port, which is, as you said, one of the most important in the united states. we have a supply chain task force that will be meeting this afternoon to review what they know about the likely impact. but we're monitoring t

plus, i ask treasury secretary janet yellen why she says the inflation trend is improving while the latestumbers actually show it's rising. "cavuto live" starts now. ♪ edward: welcome, everyone. i'm ed warred lawrence in for neil if cavuto. madeleine arely varian that -- rivera. >> reporter: now that special prosecutor nathan wade has stepped down, fulton county district attorney fannie willless can stay on the election interference case against former purpose, but she comes out of this with her reputation in question. judge scott mcafee ruled there trump and his allies failed to show the relationship between willis and wade created an actual conflict of interest. still, he had some tough language for her saying she demonstrate ised a tremendous lapse in judgment, and he criticized this fiery exchange between willis and the defense when she testified during the earth share hearing last month. evidentiary. >> you think i'm on trial. these people are on trial for trying to steal an election in 2020. i'm not on trial no matter how hard you try to put me on trial. >> reporter: mcafee is now su

well, his treasury secretary janet yellen essentially echoing that point with her own edward lawrence us now to look at the impact of what she's saying. to you, my friend. reporter: yeah, they're looking at timeframes saying that inflation is coming down from a year ago but you've got to go back to when the president first tame into office. secretary janet yellen will be here at this manufacturing plant in about an hour in elizabeth town, kentucky touring. they make the casings for ev cars for the batteries for ev cars and it was made possible by the inflation reduction act and tax yesterdays now, inflation was a big topic of our interview with treasury secretary janet yellen. she says the trend will go down to 2% and she thinks it'll happen this year, except i press ed her on the trend from the last three months. listen. but if you go back and look at m over month, december, january, and february, it showed an increase of inflation. is inflation coming back? >> well, look, inflation is down almost two-thirds from the high it reached in 2022 and the trend is clearly a favorable one. i

secretary yellen, thank you. i know that this committee hearing and the preparation time for a hearing like this takes a huge chunk out of, maybe the most complicated job in the federal government and certainly one of the most complicated every week. it seems like we learn about another responsibility that the treasury department has. i remember and i still talk about the call that i had with you after the president signed the american recovery act and we pass it on march 6. within a couple weeks of our conversation you immediately brought in commissioner reddick who was a trump appointee but who was reasonable and professional and we got that moving. by july checks went out to the families of 60 million children, 2 million of them in my state, and changed the lives of so many and would change lives dramatically if we could renew it as we are trying to do now. for senators who wish to submit questions the questions are due one week from today 15 february and then you will have 45 days, you and staff to respond to

treasury secretary janet yellen tells fox news in an exclusive interview she regrets saying inflation was transitory. and major turbulence for boeing. the airplane maker experiences the latest in a series of mechanical problems. what that company is doing to try to fix the situation. ♪ but, first, breaking tonight, it's official. next stop the party's conventions in the 2024 presidential race. both current president joe biden and former president donald trump mathematically clinched their party's nominations with easy primary season wins last night. right now, we have new fox polling we're releasing at this moment from two swing states. the former president leads in two swing states he lost in 2020. former president trump holding a 49-45 lead over president biden in arizona. and advantage is 2 points, 49-47 in the crucial swing state of pennsylvania. we have fox team conch of the presidential race tonight. jacqui heinrich at the white house with the president's first public comments since wrapping the nomination up. first up correspondent bill melugin outside the trump compound in wes

janet yellen says interest rates will not return to levels seen before the pan p dedpandemic. when asked about the white house projections showing higher interest rates in coming years compared to a year ago, yellen argued thes potential successors to bob iger. tv chief dana walden and business head alanb bergman are part of the search. no successor decision is expected this year. iger's contract runs through 2026. >>> regulators keeping the pressure on boeing. the national transportation safety board says they still don't know who worked on the panel that blew off a 737 max 9 during the alaska airlines flight because boeing has no records on the job. they asked for security footage, but was told the footage was overwritten months before the blowout. the investigation which the ntsb says makes this more difficult moving forward. frank. >>> thank you. a busy day shaping up for retail on top of what has been a market moving weekend. retail sales are expecting an .8% increase in february. retailers targeting the lower-end consumer are declining with dollar tree issues signaling a

for delivery this■< >> today white white houst director shaland young and treasury secretary janet yellenon presidentiden's 2025 budget request of the economic outlook. watch the house appropriations subcommittee hearing live at 2:30 p.m. easte on c-span3, c-span now our free mobile our free mobile video app, or online at c-span.org.■3 ♪ ♪ >> the house will be in order. >>this y celebrates 45 years of covering congress like no other. since 1979 we have in your primary source for capitol hill providing balanced unfiltered coverage of government. take you to other policies debated and decided all with the support of america's cables. c-span, 45 years and counting, powered by cable. >> senate majority leader chuck schumer was joined by other democratic leaders to discuss this with government funding deadline for the remaining fiscal year. he talks about president biden's announcement of a multimillion dollar grant for production with intel and continued to defend his recent speech calling for new election in israel. [inaudible conversations] [inaudible conversations]

janet yellen is the best person to deliver that message.not say she is a popular figure in china but she is respected. she is not considered an ideologue like some members of the biden administration. i would say she is well worth listening to. in america, i think we will see chinese ev's stocked one way or another. europe is the big game with a european investigation into subsidies or dumping. i think it is a real thing about chinese overproduction and sending it offshore. however many dozens of chinese ev companies, they cannot all make money in china. they have to sell offshore. europe and america will push back against that. stephen: geopolitical tensions not necessarily on the back burner but they are in the south china sea, the philippines and china, taiwan, what is on your radar, geopolitically? richard: we have not heard much about taiwan here. a little bit about the philippines but nothing sort of meaty. . sorry, i have a bug, as well. i might have swallowed that one. i think taiwan is interesting. the chinese response post the jan

tom: interesting you bring up the comments from janet yellen, what did you make of those comments? is that a warning shot being fired across markets or is that scenario already priced in? >> she is being realistic. she can see firsthand where u.s. government spending is going. she knows they are running a large deficit. she can see the level of interest rate so she has probably warning people. if we continue to spend away they are, when you think of interest rates being 4% plus, they may come down a bit. inflation is running higher than it was in her term. unlikely we can take rates down to 1% or even lower. we are talking about a higher number and there was a big debate about where is the neutral rate? is a 2%, 3%, where it fall? janet yellen is warning people it will not be anything like the days after the global financial crisis when we had something close to zero interest rates. tom: thank you very much preview of important data out of the u.s. and analysis from the u.s. treasury secretary suggesting rates will not get back to pre-pandemic levels. now to an intriguing story, on

yellen says this is depressing market prices and squeezing manufacturing here in the u.s.ring the meeting next week >>> speaking of alternative energy, hyundai is considering plans to produce all electric vehicles at its new $7 billion plant in georgia speaking to cnbc at this week's new york auto show, hyundai's president says his company is preparing for a ramp-up in ev production even as adoptions of e vvs take a slower start he adds hyundai is committed to evs, but knows hybrids may be better for some consumers, frank. >> silvana, thank you very much. >>> coming up, jim cramer has advice for investors worried about a pullback and the battle with bob iger and nelson peltz comes to a head. now it is time to separate the fact from the fiction. stay with us your skin is ever-changing, take care of it with gold bond's age renew formulations of 7 moisturizers and 3 vitamins. for all your skins, gold bond. (vo) what does it mean to be rich? maybe rich is less about reaching a magic number... and more about discovering magic. rich is being able to keep your loved ones close. a

west bank is experiencing uh, and it's on the economic side, we had the us treasury secretary janet yellen who issued this warning to netanyahu, saying you better get the economy going there, you better do something not to have the economy fall apart, uh, what what is your impression of that warning that was issued given the fact that we have a palestinian a government that handed the resignation, they're trying to get a prime minister and to to to unite their to have a technocratic government, but then the the warning that... came from yellen, can you put that into perspective for us? yes, no, i'm sorry, that's that's that's from a single, go ahead study on the first four months showing 2.3 billion dollars in losses to the palestinian economy, about half of them in gaza and half of them in the bank, so again the issue is not limited. to the to gaza strip, it is also in the west bank, and this dire warning is appreciated, the problem with warnings that the un and world food bank and everybody else is issuing is that nobody cares, nobody is heading those warnings, everybody knows that we ar

but what was the yellen about? he's not reaching out to nikki haley voters. he started out with ukraine, started out with nato, started out with her core issue. that's reaching out. he's he's tone deaf on the economy look, groceries are too high. he's got a commission going after the price gougers. medicine cost too much. he talked about that. he talked about getting housing has a big problem. why do people not feel good about the economy even though you've got low gas prices, even though you've got low, low, low unemployment student loans i've been cut. you go down unless why? because food costs too much and you can't buy a house. he went right after that. so for the people who weren't just sitting there mad because he was spanking them looking for answers. he had answers and trump does not. it's not a contest. trump has no answers on housing. he has no insulin, anything. you just talked about himself for the people in the base who need to understand how my dad talked to my neighbors i'm not going to talk to my colleagues. how am i going to talk to my relati

yellen's critique have to do with the palestinian authorities government resignation, because the us president joe biden had a stated before that he would like for a reform pa to rule over the gaza strip, although that is something rejected by hamos. there were reports like how the us was looking to prop up palestinian authority financially to prepare for post war gaza rule, in which a reform pa was central to the biden administration's vision for post. gaza, but ramala says it may run out of money by month's end. this report came amid warnings from officials in romela that the pa was on the verge of running out of money. which could jeopardize its ability to govern the gaza strip once israel's honot against palestinians is over. that is it for this quick take section. if you want to send us your comments or if you have any questions, send them to us. contact info is coming up. i'm mattia bosan and i'll see you next week. the economy of the west bank, the gaza strip and palestine as a whole will not have any chances of a real economic recovery, unless the broader palestinian problem

what does janet yellen's critique have to do with the palestinian authority? government resignation because the us president joe biden had a stated before that he would like for a reform pa to rule over the gaza strip, although that is something rejected by hamos. there were reports like how the us was looking to prop up palestinian authority financially to prepare for post war gaza rule in which a reform pa was central to the biden administration's vision for post war gaza, but ramala says it may run out of... money by month's end, this report came amid warnings from officials in romela that the pa was on the verge of running out of money which could jeopardize its ability to govern the gaza strip. once israel's honot against palestinians is over. that is it for this quick take section. if you want to send us your comments or if you have any questions, send them to us. contact info is coming up. i'm mattia bosan and i'll see you next week. "the economy of the west bank, the gaza spit and palestine as a whole will not have any chances of a real economic recove

>> treasury spokesperson clarified the secretaries testimony saying the secondary yellen made clear iner testimony president biden put forward an approach that would strengthen social security by protecting seniors from benefit cuts when solvency asking the highest income americans to pay their fair share. senator john thune says the white house had not even tried to engage over saving social security. >> they have no plan, they don't want to talk about that issue and all they want to do is pile on or debt on the backs of the american people and put our country at greater risk fiscally the benefits actually get reduced, ten years away. david: thank you very much. joining me now reaction, new jersey congressman jeff van drew. we have a problem here, if anyone in congress says there's a problem with social security, they are immediately labeled by the other side is wanting to destroy social security and medicare how you deal with that? >> the first thing you got to do is lay down the groundwork president trump put out a statement on this as well that we are not going to cut social securi

is it good to be seasonal or is it actually going to be softer. >> let's get to janet yellen. treasury secretary morning we may be in a new normal for interest-rate speaking to saying i think it reflects the current market realities and the forecast were seeing in the private sector. it seems unlikely yields will go back to being as low as they were before the pandemic. telling biden's economic policies including the inflation reduction act. >> treasury secretary janet yellen hardly with a controversial take on the bond market at the moment. annmarie: she shifted her language. january of 23 she said they were more likely to come down in line from where we were before the pandemic. january of 24 she says the jury still out and now she says it is unlikely. she did explain for most people when they think of transitory they think days and months, maybe not years. she has said she regretted it before. from my reporting it was janet yellen who is behind the scenes saying we should be careful on inflation it might not be as quick as you are expecting great she also said the trend in

kai: i told you the story about a conversation i had with civilian yellen and i asked her why the fedad not been able to get inflation up to where she wanted it to be, and she literally looked at me and said i don't know. and i guess my question is would it be a bad thing for you to say we don't know? we can. chair powell: we say that all the time it one way or another. as i mentioned we had high inflation in january, somewhat less high inflation in february, and we have been saying that we expect inflation to move down to 2% is on a path that is sometimes a puppy, so the question is are those just bombs or are they something more than bombs? is inflation progress going too slow for more than two months, and that is a question and honestly we're just going to have to let the data tell us that. our position is we do not know. we will tell you what we will do if inflation does come down, and that is the base case. that is what we expect. expect inflation to come down on a sometimes bumpy path to 2%, but if that does not happen then obviously our rate policy will be different and we will

and treasury secretary janet yellen, testifies before a house appropriations committee.-span is your unfiltered view of government by these companies including cox, koolen-de vries syndrome is extremely rare. >> hi. f

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treasury secretary janet yellen is doing her part to talk about the economy. she was in georgia yesterday ahead of a trip to china where he spoke about china's economic ambitions are disporting global prices. tell us about the message and the fallout here in the states. >> it's interesting, jonathan, janet yellen went to georgia, a swing state just ahead of her tripe to china. she wants to push across the message bidennomics if it's not working the senior officials, the biden administration are actively working behind the scenes to make sure that those left behind are going to see their economic future brighten. janet yellen told constituents in georgia and told everyone else she's going to georgia in the coming weeks to tell them their industrial policies are damaging their own company and workers but also america's companies and workers. they're producing so many electric vehicles, so many green and climate friendly products, lithium ion batteries, et cetera, that it is starting to distort the supply chain and make it harder for american firms to sell their

kai: i told you the story about a conversation i had with civilian yellen and i asked her why the fed not been able to get inflation up to where she wanted it to be, and she literally looked at me and said i don't know. and i guess my question is would it be a bad thing for you to say we don't know? we can. chair powell: we say that all the time it one way or another. as i mentioned we had high inflation in january, somewhat less high inflation in february, and we have been saying that we expect inflation to move down to 2% is on a path that is sometimes a puppy, so the question is are those just bombs or are they something more than bombs? is inflation progress going too slow for more than two months, and that is a question and honestly we're just going to have to let the data tell us that. our position is we do not know. we will tell you what we will do if inflation does come down, and that is the base case. that is what we expect. expect inflation to come down on a sometimes bumpy path to 2%, but if that does not happen then obviously our rate policy will be different and we will h

janet yellen talked about the administration bringing prices down. one of their first priorities.n't come down. even though the rate of inflation has slowed, it just means prices are going up less quickly than they were before. let's talk about some of these staples. these are things everybody has in their home. starting with the baby wipes in the front. your reference price in 2020 might have been $4.25. that's what people paid. >> steve: so in your head you are thinking it costs please a little over 4 bucks. >> not anymore. $6.64 for the baby wipes and if you have a baby you know how many of those you are going through. >> steve: i have two grandkids. >> exactly a lot. let's talk about the bleach. that's also another staple. >> steve: i can't believe the price of this. >> 7.78. now in 2024. 4.87. that's almost double. >> in my head can i remember when a clorox was like 99 cents. >> exactly. >> and paper towels. we all go through these pandemic, remember, people started stocking up on them. paper towels used to be $5.76. now they have gone up to 8.22. and that's per piece dependi

. >> tay, white house budget direct shalanda young and treasure secretary jan yellen testified on president25 budget request and economic outlook. watch the house appropriations subcommittee hearing live at 2:30 p.m. eastern on c-span3, c-span now our free mobile veo at or oin c-span.org. >> president bidenive order dirg federal agencies to prioritize women's health in honor of women's history month. the administration says this