WASHINGTON (AP) — The Biden administration is announcing new steps to increase access to affordable housing as still-high prices on groceries and other necessities and high interest rates have dramatically pushed up the cost of living in the post-pandemic years. Treasury Secretary Janet Yellen will promote the new investments on Monday during a visit to […]
WASHINGTON (AP) — In Atlanta to promote the Biden administration’s efforts to quell the import of illegal drugs into the U.S., Treasury Secretary Janet Yellen announced new sanctions against members of a Mexican drug cartel accused of trafficking fentanyl, cocaine, meth and migrants through the southern border. Included in the sanctions are eight members of […]
By Rich McKay and Andrea Shalal ATLANTA/WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen on Thursday said the United States’ upgraded partnership with Vietnam does not require Vietnam to sever ties with Russia or China. Asked whether Russian President Vladimir Putin‘s state visit to Vietnam to sign a slew of agreements ranging from oil and […]
Treasury Secretary Janet Yellen on Sunday reaffirmed the legality of the Group of Seven (G7) $50 billion loan to Ukraine and touted the strong alliance between the Western countries. “There is no sense at all in which it’s theft,” Yellen told ABC News’s Jonathan Karl when asked on “This Week” whether she has concerns about […]
WASHINGTON (AP) — Treasury Secretary Janet Yellen says Chinese “overconcentrated supply chains” pose a threat to U.S. jobs and recent investments meant to build up the U.S. green energy sector, and the Asian superpower’s pursuit of its trade policies “may interfere significantly with our efforts to build a healthy economic relationship.” In a prepared speech […]
By David Lawder WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen on Tuesday rejected suggestions by Republican senators that the Treasury is deliberately increasing issuance of short-term Treasury bills at higher interest rates to try to stimulate the economy ahead of the November presidential election. Yellen told a U.S. Senate subcommittee hearing that Treasury’s mix […]
By David Lawder STRESA, Italy (Reuters) – U.S. Treasury Secretary Janet Yellen said on Friday that she believes the White House will move as quickly as possible to nominate a new Federal Deposit Insurance Corp chair to replace Martin Gruenberg, who tendered his resignation amid a sexual harassment scandal. Gruenberg, a Democrat, is staying on […]
By David Lawder STRESA, Italy (Reuters) – U.S. Treasury Secretary Janet Yellen said on Friday she is trying to save a part of the global corporate tax deal focused on highly profitable multinational firms, but India is refusing to engage on issues important to U.S. interests. Yellen told Reuters in an interview on the sidelines […]
(Reuters) – U.S. Treasury Secretary Janet Yellen expressed concern over substantial increases in living costs, the Financial Times said on Friday. In an interview published on Friday Yellen said that although wages had gone up significantly, there were substantial price increases important to people, as such increases in a relatively short period of time were […]
By David Lawder FRANKFURT (Reuters) – U.S. Treasury Secretary Janet Yellen said on Tuesday that the U.S. and Europe need to respond to China’s industrial policies in a “strategic and united way” to keep manufacturers viable on both sides of the Atlantic. In remarks on the importance of the U.S.-European alliance in Frankfurt, Yellen said […]
By David Lawder FRANKFURT (Reuters) – U.S. Treasury Secretary Janet Yellen said on Tuesday that the United States and Europe needed to respond to China’s industrial policies in a “strategic and united way” to keep manufacturers viable on both sides of the Atlantic. In remarks on the importance of the U.S.-European alliance in Frankfurt, Yellen […]
Treasury Secretary Janet Yellen.Chip Somodevilla/Getty Images Janet Yellen told The New York Times that G7 leaders will discuss the details of a loan program for Ukraine. The loan would use proceeds from Russia’s frozen asset and potentially offer a $50 billion lifeline. The aid could offer Ukraine a means of survival as Moscow amplifies its […]