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News Articles: Janet Yellen

U.S. Treasury Secretary Janet Yellen speaks during a visit to the Financial Crimes Enforcement Network in Vienna, Va., on Jan. 8.

Tagged as: 

  • Politics

Treasury Secretary Janet Yellen says U.S. could hit debt limit in weeks

Yellen told Congress her agency will need to start taking "extraordinary measures," or special accounting maneuvers intended to prevent the nation from hitting the debt ceiling, as early as Jan. 14.

December 28, 2024
|
By:
  • The Associated Press
Yellen in Atlanta

Tagged as: 

  • News

U.S. Treasury Secretary Janet Yellen visits Atlanta to make fentanyl combating announcement

U.S. Treasury Secretary Janet Yellen visited Atlanta on Thursday to announce efforts to combat fentanyl trafficking.

June 20, 2024
|
By:
  • Sarah Kallis
U.S. Treasury Secretary Janet Yellen speaks at the Port of Savannah on Friday, Sept. 29, 2023.

Tagged as: 

  • Economy

Yellen calls Savannah port ‘by far the most impressive’ she's seen, praises Biden's work on economy

Janet Yellen cheered the Bipartisan Infrastructure Law's investment in harbor deepening.

September 29, 2023
|
By:
  • Benjamin Payne
Treasury Secretary Janet Yellen speaks on the U.S.-China economic relationship at Johns Hopkins University School of Advanced International Studies, Thursday, in Washington.

Tagged as: 

  • World

Security comes first in U.S.-China economic relations, says Treasury Secretary Yellen

Still, U.S. and China need to work together on issues like climate change and debt relief.

April 20, 2023
|
By:
  • John Ruwitch
Treasury Secretary Janet Yellen speaks at a school in Kyiv, Ukraine, on Monday.

Tagged as: 

  • World

Janet Yellen visits Ukraine and pledges even more U.S. economic aid

Treasury Secretary Janet Yellen made a surprise visit to Ukraine and announced $1.25 billion in economic aid as the country's war with Russia goes into its second year.

February 27, 2023
|
By:
  • Julian Hayda and
  • Claire Harbage
The U.S. Capitol Building is seen on Jan. 19, 2023, in Washington, D.C. Treasury Secretary Janet Yellen said the U.S. reached its debt limit on Thursday and is resorting to extraordinary measures to avoid defaulting on its debt.

Tagged as: 

  • Economy

U.S. hits its debt limit and now risks defaulting on its bills

The U.S. is undertaking "extraordinary" measures to avoid defaulting on its obligations after the country reached its debt limit on Thursday. Now, a big political fight looms.

January 19, 2023
|
By:
  • Rafael Nam
More than 130 countries on Friday agreed to set a global minimum corporate tax rate, a proposal spearheaded by U.S. Treasury Secretary Janet Yellen, seen here at a House Oversight Committee hearing on Sept. 30.

Tagged as: 

  • Business

Over 130 countries clinch a deal that could radically reshape how companies are taxed

The agreement would set a 15% minimum tax rate for companies around the world, but it would need to be passed by a closely divided Congress.

October 08, 2021
|
By:
  • David Gura
President Jimmy Carter signs emergency natural gas legislation in the Oval Office of the White House in Washington, D.C., on Feb. 2, 1977. An oil crisis contributed to a period of double-digit inflation in the 1970s.

Tagged as: 

  • Economy

Think Inflation Is Bad Now? Let's Take A Step Back To The 1970s

Prices are jumping as the economy rebounds from the pandemic, but the Biden Administration and the Federal Reserve say a return to 1970s-style inflation is unlikely.

May 29, 2021
|
By:
  • Scott Horsley
Fed Chairman Jerome Powell speaks during a House committee hearing on Sept. 23, 2020 in Washington, D.C. Powell, along with Treasury Secretary Janet Yellen, is set to appear before the House again on Tuesday to discuss relief aid and the state of the economy.

Tagged as: 

  • Economy

Fed Chair Touts 'Much Improved' Economy 1 Year After Stocks Hit Pandemic-Era Low

Jerome Powell and Treasury Secretary Janet Yellen will tell Congress the economy is recovering but that more needs to be done to get to pre-pandemic levels

March 23, 2021
|
By:
  • Scott Horsley
Janet Yellen addresses an event last month introducing the incoming Biden administration's economic team in Wilmington, Del. Yellen is the first woman to lead the Treasury Department.

Tagged as: 

  • Economy

Janet Yellen Confirmed By Senate, Making History As First Female Treasury Secretary

Janet Yellen was confirmed by the Senate to serve as Treasury secretary. She'll be the first woman to hold that post and will lead the Biden administration's efforts to address the pandemic recession.

January 25, 2021
|
By:
  • Scott Horsley
President-elect Joe Biden's pick to lead the Treasury Department, Janet Yellen, here in 2019, is urging greater federal spending to cope with the pandemic and to help boost the struggling economy.

Tagged as: 

  • Economy

Yellen Urges Congress To 'Act Big' To Prop Up Pandemic-Scarred Economy

At her confirmation hearing Tuesday, Treasury Secretary-designate Janet Yellen warned that without more federal help, the recession would last longer and be more painful than necessary.

January 19, 2021
|
By:
  • Scott Horsley
Then-Federal Reserve Board Chair Janet Yellen speaks during a briefing in 2017. President-elect Joe Biden reportedly will nominate Yellen as his Treasury secretary.

Tagged as: 

  • Economy

Biden Picks Janet Yellen To Be Treasury Secretary In Historic Appointment

Joe Biden plans to nominate the former Federal Reserve chair as his Treasury secretary. She would play a leading role in helping the economy recover from the pandemic.

November 24, 2020
|
By:
  • Scott Horsley and
  • Franco Ordoñez

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