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Federal Reserve

Live: Janet Yellen speaks to Congress

Fed Chair Janet Yellen went in front of the Senate Banking Committee Tuesday. One of the highlights so far has been a tweet from Bill Gross at Janus Capital, who said the central bank chief is speaking from "a 50-year-old textbook." She also has expressed concerns over Brexit and noted that the benefits of the recovery have been uneven.

In response to a question about presumptive Republican presidential nominee Donald Trump's proposal that he could renegotiate U.S. debt with foreign creditors, Yellen said the damage from that could be "very substantial."

Follow along with CNBC's live coverage below: