On Wednesday’s broadcast of CNBC’s “Money Movers,” Treasury Secretary Janet Yellen stated that the U.S. government will act in response to China’s hack of the Treasury Department and the hack is damaging to U.S.-China relations, “But I do think we
Sen. Tim Scott (R-SC), ranking member of the Senate Committee on Banking, Housing and Urban Affairs, and Rep. French Hill (R-AR), vice chair of the House Financial Services Committee, on Thursday wrote to Treasury Secretary Janet Yellen demanding more details of a cyberattack on Treasury’s computer systems allegedly perpetrated by hackers linked to the Chinese government.
President-elect Donald Trump criticized former House Speaker Kevin McCarthy (R-CA) for previously pushing to extend the debt ceiling until January 2025, adding that it was “one of the dumbest political decisions made in years.”
The United States confirmed Tuesday it has granted $20 billion in funds for Ukraine backed by proceeds earned on frozen Russian assets. The cash is part of a $50 billion G7 support package and comes 40 days before President Joe Biden departs the White House.
During an interview aired on Thursday’s broadcast of MSNBC’s “11th Hour,” Treasury Secretary Janet Yellen stated that people are unhappy with their personal finances because “the cost of living is very high.” But that’s been the case “for a long
During an interview with CNN’s “Axe Files” podcast released on Thursday, Treasury Secretary Janet Yellen said that the spending in the American Rescue Plan “added to the demand in areas that were supply-constrained, and so, may have played a little
During an interview with CNBC on Thursday, Treasury Secretary Janet Yellen responded to a question on if she thinks the Federal Reserve has rates that are too high by stating that the Fed’s members expect rates to be cut and
During an interview with CNBC on Thursday, Treasury Secretary Janet Yellen stated that the relationship between the U.S. and China has “gotten closer. I think we have deepened our ties with China.” CNBC Senior Economics Reporter Steve Liesman asked, “You
The Democratic National Committee’s donor platform, ActBlue, is facing an investigation by Republicans on the House Oversight Committee regarding “potential fraud” linked to donations made to candidates’ campaigns.
The U.S. Treasury accidentally sanctioned an Israeli man who had nothing to do with a protest movement that President Joe Biden’s administration has been targeting at the behest of radical anti-Israel organizations.
Treasury Secretary Janet Yellen will testify before the House Financial Services Committee on Tuesday, July 9.
On Friday’s broadcast of WBUR’s “Here and Now,” Treasury Secretary Janet Yellen reacted to reports raising the possibility that the Chinese Communist Party directly subsidizes the makers of precursor chemicals for fentanyl — a claim backed by a report by
During an interview aired on Thursday’s broadcast of the Fox News Channel’s “Your World,” Treasury Secretary Janet Yellen stated that the current interest burden of the national debt is at a “normal” level, but President Joe Biden wants to cut
During an interview aired on Thursday’s broadcast of the Fox News Channel’s “Your World,” Treasury Secretary Janet Yellen responded to a question on negative perceptions of the economy among Americans by saying that “many American households are really struggling to
Treasury Secretary Janet Yellen said Sunday on ABC’s “This Week” that former President Donald Trump’s idea to replace federal income taxes with tariffs would “make life unaffordable.”
The Group of Seven (G7) nations said they had moved toward an agreement on squeezing more money from frozen Russian assets to give Ukraine.
During an interview with Sky News host and NBC Contributor Wilfred Frost on Tuesday, Treasury Secretary Janet Yellen stated that inflation has declined from where it was and she believes “it will stabilize in the next year or so.” In response
During an interview with Sky News host and NBC Contributor Wilfred Frost on Tuesday, Treasury Secretary Janet Yellen stated that the United States wants to have an American clean energy industry, but “not one that dominates global production,” just one that
On Tuesday’s “PBS NewsHour,” Treasury Secretary Janet Yellen predicted that President Joe Biden’s tariffs won’t cause any meaningful price increases for typical families and responded to a question on her criticism of the Trump tariffs as “taxes on consumers” by
During an interview with Bloomberg on Monday, Treasury Secretary Janet Yellen stated that because interest rates are lower than they were in prior decades even with rate hikes, “we can probably manage and have a fiscally sustainable path with [a]
During an interview with Bloomberg on Monday, Treasury Secretary Janet Yellen commented on President Joe Biden’s reported forthcoming announcement of increased tariffs on China by stating that the move is being made because President Joe Biden wants to protect “the
During an interview with Bloomberg on Monday, Treasury Secretary Janet Yellen responded to polling data on the economy and falling consumer sentiment by stating that “the cost of living in many areas is very high. And it is a concern
The U.S. and UK will begin restricting the trade of new Russian-origin metals on global metal exchanges and in derivatives trading.
Russian Foreign Minister Sergey Lavrov met with Chinese dictator Xi Jinping on Tuesday, paving the way for a meeting between the top Communist Party leader and Russian strongman Vladimir Putin and arriving in between expected visits from American officials Janet Yellen and Antony Blinken.
During an interview with CNBC released on Monday, Treasury Secretary Janet Yellen stated that “the great majority of” trade between the U.S. and China “is uncontroversial” and she’s working to ensure that the geopolitical relationship and national security worries won’t
During an interview with CNBC released on Monday, Treasury Secretary Janet Yellen said that “China is entitled to have a relationship with Russia.” And “China and Russia do a lot of trade, much of it is unproblematic. But anything that
During an interview with CNBC released on Monday, Treasury Secretary Janet Yellen said that “Some low-income consumers are perhaps exhausting their buffers of saving[s] that they built up during the pandemic, we’re seeing a little bit more distress at the
During an interview with CNBC released on Monday, Treasury Secretary Janet Yellen responded to a question on whether she is confident that inflation will hit the target rate of 2% by stating that she expects that inflation “will continue to
U.S. Treasury Secretary Janet Yellen told China that the Biden administration will “not accept” a flood of cheap industry-destroying exports.
On Wednesday’s broadcast of MSNBC’s “Andrea Mitchell Reports,” Treasury Secretary Janet Yellen stated that a key plank of President Joe Biden’s agenda to lower costs is by “creating incentives to dramatically improve the use of clean energy in the United
On Wednesday’s broadcast of MSNBC’s “Andrea Mitchell Reports,” Treasury Secretary Janet Yellen said that China wants to have “global domination” in the clean energy sector, but the U.S. intends to “play a role to produce items that are critical for
During an interview with the Fox Business Network on Wednesday, Treasury Secretary Janet Yellen responded to a question on a report from the House Judiciary Committee that the Treasury Department flagged a report linking some conservative groups to hate groups
During an interview with the Fox Business Network on Wednesday, Treasury Secretary Janet Yellen answered a question on record credit card spending by stating that we still have strong credit quality and delinquencies have gone up a small amount from
During an interview with the Fox Business Network on Wednesday, Treasury Secretary Janet Yellen answered a question on how the U.S. is countering experiments in some parts of the world to move their trading away from the U.S. dollar by
During an interview with the Fox Business Network on Wednesday, Treasury Secretary Janet Yellen reacted to the February CPI and rises in inflation over the past three months by stating that she doesn’t “expect this to be a smooth path
During an interview aired on Wednesday’s “PBS NewsHour,” Treasury Secretary Janet Yellen responded to a question on economic pessimism among Americans by saying that “The pandemic had very significant and lasting impacts…on their lifestyles and attitudes.” And because “some prices
During a portion of an interview with CBS Senior Business and Tech Correspondent Jo Ling Kent that was aired on Wednesday’s broadcast of “CBS Evening News,” Treasury Secretary Janet Yellen responded to a question on whether she and President Joe Biden are
Gun Owners of America (GOA) is urging senators to grill Treasury Secretary Janet Yellen Thursday over alleged privacy violations of gun buyers.
The stock market will rally as investors expect Donald Trump to topple Joe Biden in the election, Scott Bessent told Breitbart News.
During an interview with ABC News on Thursday, Treasury Secretary Janet Yellen said that “most Americans know that prices are not likely to fall.” And that while there have been improvements in consumer sentiment, “apartment rents, food are maybe 20%