Top Democrats and Republicans sent strong signals Friday night that they’re nearing an elusive agreement on a debt-ceiling increase to prevent an economy-rattling government default. …
Posts published in “Janet Yellen”
Treasury Secretary Janet Yellen on Sunday sidestepped a question about how the department would pick and choose which of the country’s bills would go unpaid…
Treasury Secretary Janet Yellen on Sunday called the debt ceiling a “constraint” on the nation’s ability to pay its bills. “We take the debt ceiling…
The White House is aiming to arrange a phone call between President Biden and Speaker McCarthy (R-Calif.) to try and get talks over avoiding a…
Deputy Treasury Secretary Wally Adeyemo on Sunday dismissed the idea of President Biden using the 14th Amendment to avert a default on the national debt.…
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Top political figures are swirling the possibility that President Biden could use the powers of a clause in the 14th Amendment as a last-ditch effort…
The high-stakes game of chicken over the debt ceiling between President Biden and Republicans is nearing a collision and both sides are daring each other…
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Vice President Harris on Monday announced $1.7 billion in grants for more than 600 community lenders to support small businesses, entrepreneurs, nonprofits, housing and commercial…
The banking system is showing signs of stabilizing after the collapses of Silicon Valley Bank (SVB) and Signature Bank, but the looming battle to stave…
Treasury Secretary Janet Yellen said in an interview published Sunday that Republican calls for spending cuts in exchange for agreeing to raise the debt ceiling…
Treasury Secretary Janet Yellen will meet with China’s finance minister, Vice Premier Liu He, later this week in Switzerland to discuss the U.S. and Chinese…
The first U.S. currency featuring the signature of a female Treasury secretary has been released. The Treasury Department said in a tweet on Thursday that…
U.S. Treasury Secretary Janet Yellen on Sunday said the U.S. will sanction a transnational network that’s been working to supply Russia with military technology in…
Treasury Secretary Janet Yellen dismissed recent reports in the media on Tuesday that she would be leaving the Biden administration. Yellen shut down the rumor…
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Treasury Secretary Janet Yellen described the U.S. inflation rate as “unacceptably high” on Thursday, adding that it is the Biden administration’s “top economic priority to…
Treasury Secretary Janet Yellen said American consumers will be at the mercy of oil companies this summer as gas prices are expected to reach levels…