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The Late Show Pod Show with Stephen Colbert

Secretary Janet Yellen (Extended) | Colbert Classic

The Late Show Pod Show with Stephen Colbert

CBS

News, Comedy, Comedy Interviews, News Commentary, Tv & Film

4.41.6K Ratings

🗓️ 17 May 2023

⏱️ 20 minutes

🧾️ Download transcript

Summary

Secretary of the Treasury Janet Yellen made her first visit to The Late Show to talk with Stephen about the pandemic’s effect on the economy, inflation, and whether or not the U.S. is headed for a recession. Original Air Date: November 30th, 2022. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

If the late show's hot show wins, you can call them.

0:09.0

My first guest this evening is the only person in American history

0:13.0

to have led the White House Council of Economic Advisors,

0:16.0

the Federal Reserve and the Treasury Department.

0:19.0

Please welcome Treasury Secretary Janet Yellen.

0:27.0

Nice to have you.

0:28.0

Thank you for the invitation.

0:29.0

Have you ever been on a late night show before?

0:31.0

I've never been.

0:32.0

You're going to love it.

0:33.0

It's great.

0:34.0

You were the first female Treasury Secretary,

0:36.0

but when President Biden approached you to take the gig,

0:40.0

you hesitated.

0:41.0

Why?

0:42.0

And what changed your mind?

0:44.0

Well, you know, I had had a bunch of high-level positions.

0:47.0

I'd been chair of the Fed and other positions,

0:51.0

Council of Economic Advisors.

0:53.0

There are a lot of qualified people who want these jobs.

0:57.0

And I thought, this is my time to let somebody else take the job.

1:01.0

But when he came to me and said, no, I really want you to do it.

...

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