The Latest Breaking News from Janet Yellen

US heads for debt-ceiling standoff as House Republicans refuse to budge

Hard-right Republicans say no to ‘clean’ debt ceiling increase, raising dire possibility of US defaulting on financial obligations

The Guardian - US · Jan 20, 2023

U.S. Treasury team heading to China in February to prepare Yellen's trip -sources

A team of U.S. Treasury officials will visit China in February to prepare for a visit by U.S. Treasury Secretary Janet Yellen, two sources familiar with the plans told Reuters on Thursday.

Reuters · Jan 19, 2023

Yellen kickstarts Biden administration visits to Africa

The Biden administration’s big push to engage more with Africa is underway as Treasury Secretary Janet Yellen begins a 10-day visit aimed at promoting all the economic possibilities that lie between the U.S. and the world’s second-largest continent

The Independent UK · Jan 19, 2023

Yellen starts off trip to Africa with commitment to stay for the long haul

The Biden administration is trying to counter China’s influence on the continent.

Axios · Jan 19, 2023

Deeper ties on Yellen's mind as U.S begins year of African engagement

U.S. Treasury Secretary Janet Yellen will kick off a year of visits by top U.S. officials to Africa on Friday aiming to firm up U.S.-Africa ties after decades in which China has dominated investment across the continent.

Reuters · Jan 19, 2023

News briefs

Yellen to visit Beijing in further sign of US-China thaw

Tribune News Service · Jan 19, 2023

Yellen to visit Beijing in further sign of US-China thaw

Plans are under way for U.S. Treasury Secretary Janet Yellen and her Chinese counterparts to hold meetings in Beijing and Washington later this year, continuing the governments’ efforts to ramp up face-to-face engagement to improve ties.

Tribune News Service · Jan 18, 2023

Yellen plans first trip to China as Treasury secretary

The trip is the latest effort by both countries to improve relations and avoid misunderstandings.

Axios · Jan 18, 2023

4 ways around a debt ceiling crisis — and why they might not work

From an obscure congressional maneuver to a trillion-dollar coin, there are many ideas out there to help the U.S. avoid debt default, but they are untested and have major potential problems.

WEKU · Jan 18, 2023

Editorial: If McCarthy won’t defend the global economy, Biden and Yellen must

Fast forward to this fall. Americans are thinking about Halloween costumes or how their kids are faring in the new school year, but one more pressing and widespread concern occupies the nation’s minds: the collapsing global economy, which has been spinning out with no signs of slowing, leading to heavy…

Tribune News Service · Jan 18, 2023