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Thursday, December 25, 2025

Full Text of Fed Chair Janet Yellen’s Testimony Today Before House Financial Services Committee

Courtesy of Pam Martens.

Janet Yellen Taking the Oath at Her Senate Confirmation Hearing for Federal Reserve Chair

Janet Yellen, the newly installed Chair of the Federal Reserve Board of Governors, will face her first Congressional grilling as Fed Chair today before the House Financial Services Committee. That Committee is chaired by Jeb Hensarling, a staunch conservative, who has turned the web site for the Committee into a billboard for self promotion and the Koch Party platform for small government, deregulation, and partisan attacks.

Below is the written testimony that Yellen will deliver this morning at 10:00 a.m. before the Committee.

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Chair Janet L. Yellen, Semiannual Monetary Policy Report to the Congress

Before the Committee on Financial Services, U.S. House of Representatives, Washington, D.C.

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