Biden made no mention of the coronavirus pandemic on Monday during his opening remarks at a video conference meeting with Chinese Communist Party leader Xi Jinping.
Treasury Secretary Janet Yellen said Sunday on CBS’s “Face the Nation” that she thought it was important to put the recent rising prices in the context of an improving economy.
During an interview aired on Friday’s broadcast of CNN’s “Situation Room,” Treasury Secretary Janet Yellen said that she still thinks inflation is “temporary, although, I don’t mean just a matter of a month or two.” And “by the second half
Thursday, Treasury Secretary Janet Yellen advised that “there will be some continued shortages” heading into the holiday season as a result of inflation.
Democrat plans to surveil bank accounts with the IRS resemble China’s “social credit score” system, Rep. Drew Ferguson (R-GA) said.
President Joe Biden’s Treasury Department announced it has created a new post to combat alleged racial inequality issues in banking and other financial services industries.
Yellen proposed taxing billionaires’ unrealized capital gains to fund President Joe Biden’s $2 trillion spending bill.
Treasury Secretary Janet Yellen noted on CNN’s State of the Union on Sunday that the White House continues to work on ways to pay for Biden’s agenda.
Treasury Secretary Janet Yellen said Sunday on CNN’s “State of the Union” that she thinks the recent rising prices will stabilize in 2022.
Sen. Cynthia Lummis (R-WY) and Rep. Ashley Hinson (R-IA) told Breitbart News in an exclusive statement Tuesday that they will continue to fight President Joe Biden’s proposal to spy on Americans’ financial statements.
Democrats scaled back Tuesday their proposal to surveil Americans’ transactions over $600 after Republicans revolted against the proposal.
The climate summit attendees will include Transportation Secretary Pete Buttigieg who has been on parental leave for weeks after adopting two infants.
Treasury Secretary Janet Yellen said on Tuesday’s broadcast of “CBS Evening News” that the proposed $600 IRS reporting requirement for banks is “absolutely not” a way for the government to spy on Americans.
During a portion of an interview broadcast on Tuesday’s edition of “CBS Evening News,” Treasury Secretary Janet Yellen cautioned that, due to the U.S. economy being in a state of recovery, “there may be isolated shortages of goods and services
During a portion of an interview broadcast on Tuesday’s “CBS Evening News,” Treasury Secretary Janet Yellen said that as “we get the pandemic under control, the global economy comes back,” price pressures will be mitigated and prices will go back
Treasury Secretary Janet Yellen conceded on Monday that “legitimate issues and concerns” have been raised by a report that found World Bank data was rigged to make China looked better, but added she saw no reason to replace International Monetary Fund (IMF) Managing Director Kristalina Georgieva for her alleged role in the scandal.
Treasury Secretary Janet Yellen said Sunday on ABC’s “This Week” that if Senate Minority Leader Mitch McConnell’s (R-KY) followed through on his threat that Republicans would not help to raise the debt ceiling in December, there could be a financial crisis.
The Biden Administration celebrated an international agreement among 130 countries on Friday to accept a minimum corporate tax rate of 15%. The idea is to prevent a “race to the bottom” that encourages companies to move offshore.
Global food prices have reached a decade high and increased for the second month in a row in September, according to a Thursday report from the Food and Agriculture Organization (FAO).
Treasury Secretary Janet Yellen said Thursday on CNN’s “OutFront” that it has become “increasingly damaging” for the United States to set a debt ceiling.
Some politicians think they’ve found a silver bullet for the impasse over the debt limit, except the bullet is made of platinum: Mint a $1 trillion coin, token of all tokens, and use it to flood the treasury with cash and drive Republicans crazy.
Treasury Secretary Janet Yellen on Tuesday advised that inflation could hit the United States for a while before eventually letting up.
The plan is for the IRS to sift through nearly all American bank accounts searching for undeclared income.
Rubio and Portman wrote to Yellen urging her to do everything in her power to keep billions in funding from falling into the hands of the Taliban.
The International Monetary Fund (IMF) said Wednesday that it will block Afghanistan from accessing $460 million in emergency monetary reserves that were scheduled to be disbursed next week.
Congressional Democrats omitted raising the debt ceiling instructions in the $3.5 trillion infrastructure package, risking a showdown with Republicans over the debt limit in September.
Senate Minority Leader Chuck Schumer’s (D-NY) effort to have the Senate vote on the $1.2 trillion infrastructure fell apart Thursday night after many lawmakers objected.
Treasury Secretary Janet Yellen said Thursday in a preview of an interview that will air in full on Friday’s edition of NPR’s “Morning Edition” that the child tax credit of $250 to $300 per child every month under the Biden administration’s American Rescue Plan should be made permanent.
Treasury Secretary Janet Yellen said Thursday on CNBC’s “Closing Bell” that the U.S. economy will have “several more months of rapid inflation.”
Sen. Rick Scott called on Powell to “stop ignoring the harmful impacts of inflation on American families and lay out a clear plan to address the crisis created by President Biden and Democrats’ reckless spending.”
Treasury Secretary Janet Yellen said President Joe Biden should push forward with his $4 trillion spending plans even if they generate inflation that forces the Fed to hike interest rates.
Treasury Secretary Janet Yellen said Thursday “high annual rates of inflation” will persist through the end of the year, stretching the timeline past a couple of months as the White House previously indicated.
The program would shift the economy toward increased dependence on government spending to generate economic growth.
“This is the first in American history that the Cabinet looks like America,” Biden said as his cabinet gathered in the East Room of the White House.
The exchange highlighted a rift between what might be thought of as the populist wing of the Democratic Party—represented by Warren—and the technocratic wing—represented by Yellen.
The Fed chair sounded a bit more upbeat about the progress of the economic recovery on Tuesday.
Treasury Secretary Janet Yellen on Thursday argued in favor of $1.9 trillion in coronavirus stimulus.
The majority of American voters say the federal government is “biased in favor of bankers,” while only a fraction believe there is a bias toward United States consumers, a poll reveals.
Speaking to the leaders of the G7 nations in a virtual meeting Friday, Treasury Secretary Janet Yellen said “the time to go big is now.”
Treasury Secretary Janet Yellen plans to create a senior post at the Treasury Department that will be charged with monitoring alleged risks to the financial system from climate change.