The Latest Breaking News from Janet Yellen

Chinese hackers accessed over 400 computers and over 3,000 unclassified files when they infiltrated the U.S. Treasury.

US nears trillion debt limit, Congress under pressure to act to avoid default.

The US Treasury Department will start taking "extraordinary measures" next week to avoid risking a default on government debt, Secretary Janet Yellen said Friday, days before President-elect Donald Trump takes office.

In one of her last acts as Treasury Secretary, Janet Yellen said her agency will start taking “extraordinary measures,” or special accounting maneuvers intended to prevent the nation from hitting the debt ceiling, on January 21, in a letter sent to congressional leaders Friday afternoon

Biden administration imposes new sanctions on Russian oil entities to disrupt funding for Ukraine conflict.

Scott Bessent warned about the dangers of not extending tax cuts implemented during Donald Trump's first term.

US Treasury Secretary Janet Yellen warned Wednesday that plans to extend President-elect Donald Trump's 2017 tax cuts -- which remained in place under Joe Biden but are set to expire -- will add to unsustainable deficits.

The Treasury Secretary’s debt decisions during the pandemic locked in low rates—but only for two years. Now, taxpayers are paying the price.

With inflation risks persisting and entitlement spending surging, the situation cannot be ignored. But we never should have gotten to this point to begin with.

Treasury disclosed hack earlier this week, with Washington Post reporting targets were Office of Foreign Assets Control and Office of Financial Research

President-elect Trump criticizes debt ceiling suspension, urges prompt action. Treasury Secretary emphasizes urgency.