Treasury Secretary Janet Yellen is warning Congress that she will run out of maneuvering room to prevent the US from broaching the government's borrowing limit in October
As Jerome Powell nears the end of his term as Federal Reserve chair, Yellen is getting another chance to shape the future of the central bank.
Yellen urged agency heads at the July 19 meeting to "act quickly" to ensure stablecoins face appropriate rules
China on Tuesday denounced an appeal by Treasury Secretary Janet Yellen for a US-European unified front against Chinese unfair economic practices and human rights abuses. China strongly deplores and rejects Treasury Secretary Yellen's remarks, said a foreign ministry spokesman, Zhao Lijian. Yellen issued the appeal Tuesday during a meeting with European Union officials in Brussels. President Joe Biden is trying to revive traditional alliances following the America First policies of his predecessor, Donald Trump. Together, we need to counter threats to the principles of openness, fair competition, transparency and accountability, Yellen said, according to a text released by her department. These challenges include China's unfair economic practices, malign behavior and human rights abuses, Yellen said. The more we confront these threats with a unified front, the more successful we will be. Zhao rejected the criticism, saying Beijing always firmly supported the multilateral trading .
A tax-cut race to the bottom must end, she said
Questions remain over US admin's ability to get Congress to ratify changes
US Treasury Secretary Janet Yellen said that deterring use of tax havens will let countries compete on economic fundamentals instead of by offering ever-lower tax rates
US Treasury Secretary Janet Yellen on Tuesday discussed a shared interest between the United States and India to implement a "robust" global minimum tax, the Treasury said
Treasury Secretary Janet Yellen told a congressional panel that failing to raise the federal debt ceiling would have catastrophic consequences that could bring on a financial crisis
Yellen said in testimony she's scheduled to deliver before the Senate Finance Committee that she came into her job in January hoping to help Americans "make it to the other side of the crisis."
Janet Yellen held a virtual meeting with China's Vice Premier Liu He, discussing plans for economic recovery and "frankly" tackling issues of concern
Biden's proposal, called the American Jobs Plan, will help those who feel "left behind," by boosting wages and productivity, Yellen says
The US may be way behind the EU in adopting a climate change agenda but could be driving it soon. Although it is just coming into the game, it has the money to demand a change
A look at select countries - four advanced economies, three emerging markets and India - shows the extent to which corporate taxes help governments
The aim: ensure banks and insurers across the globe adhere to "climate-responsible financing", thereby making it costlier for India and China to finance their fossil fuel needs
Treasury Secretary said it's important to "look carefully" at systemic risks posed by asset managers but designating them as systematically important financial institutions may not be right approach
Powell is appearing before the committee along with Treasury Secretary Janet Yellen as part of Congressional oversight of the government's response to the pandemic
Biden is considering an increase in the corporate income tax rate, as one of the tax proposals to offset the cost of the upcoming long-term investment plans, Treasury Secretary Janet Yellen said
(Reuters) - The S&P 500 and the Dow edged lower at open on Tuesday as energy and travel stocks slipped, while investors awaited remarks from Fed Chair Jerome Powell and Treasury Secretary Janet Yellen for clues on the health of the economy.
US Treasury Secretary Janet Yellen has spoken to Finance Minister Nirmala Sitharaman for the first time