Treasury Secretary Janet Yellen is scheduled to embark on a trip to Beijing this Thursday, signaling the Biden administration’s ongoing efforts to improve relations with China. Yellen, a strong advocate against economic decoupling from China, has expressed her desire to visit the country numerous times in the past year. Despite the strained relations between the …
Treasury Secretary Janet Yellen is set to embark on a trip to Beijing this Thursday in an effort to improve relations between the United States and China. Yellen, who opposes the idea of separating the two countries’ economies, has expressed a desire to visit China for some time. During her visit, she will meet with …
Sen. Elizabeth Warren, D-Mass., expressed her disapproval of Treasury Secretary Janet Yellen’s endorsement of further bank mergers in a letter she sent on Monday. This critique comes in light of recent bank failures. Image Source: Bonnie Cash/UPI June 28 (UPI) — Massachusetts Senator Elizabeth Warren wrote a letter to Treasury Secretary Janet Yellen, criticizing her …
Janet Yellen, the esteemed US Treasury Secretary, delivered a news conference at the Group of Seven (G-7) finance ministers and central bank governors meeting in Niigata, Japan on Thursday, May 11, 2023. Bloomberg | Bloomberg | Getty Images Treasury Secretary Janet Yellen firmly expressed her belief that the idea of US lawmakers allowing the nation …
German Finance Minister Christian Lindner expressed his hope that American lawmakers would approach the debt ceiling negotiations with maturity to prevent further economic challenges for the global economy. The U.S. Congress is currently working on a compromise regarding the debt limit, which refers to the maximum amount of money the federal government can borrow. Democratic …
US Secretary of State Antony Blinken embarked on a crucial diplomatic mission to Beijing on Sunday, where he had meetings with Chinese Foreign Minister Qin Gang and top diplomat Wang Yi. This visit is significant because it is the highest-level American official visit to China since Joe Biden assumed the presidency, and it’s been nearly …
In a letter addressed to Treasury Secretary Janet Yellen, Senate Banking Chairman Sherrod Brown and Rep. Maxine Waters, the top Democrats in the Senate and the House for banking issues, expressed their concerns regarding the proposed merger between the PGA Tour and LIV Golf. They have asked the Treasury Department to assess whether this merger …
1/2 Treasury Secretary Janet Yellen said various sub-federal government entities may be able to qualify for some of the clean-energy tax incentives outlined in last year’s Inflation Reduction Act. Photo by Bonnie Cash/UPI | License Photo June 14 (UPI) — State and local governments now have the opportunity to receive tax credits for their clean …
The stock market hit new all-time highs on Monday with the Dow, S&P 500, Nasdaq, and Russell 2000 all soaring in value. Despite some speculation that this is due to President Donald Trump’s proposed stimulus plans and deregulation proposals, it is possible that this is actually the continuation of a rally begun under President Barack …
WASHINGTON — Given the overall environment in the industry, it’s likely for some smaller banks to consolidate, Treasury Secretary Janet Yellen said Wednesday morning. “There is motivation to see some consolidation and it wouldn’t surprise me to see some of that going forward,” Yellen said in an interview on CNBC’s “Squawk Box.” Yellen said she wouldn’t …