US Treasury Secretary Janet Yellen has stated that the US economy is strong, with robust consumer spending, but some areas are slowing down. She expects continued progress in bringing inflation down over the next two years with a strong labor market. Yellen also believes that banks should generally be able to withstand any strain, although they may struggle with commercial real estate and face some consolidation. She supports the Federal Reserve's efforts to bring down inflation and believes that additional regulation on crypto assets would be appropriate.