The Latest Breaking News from Janet Yellen

Yellen heads to Africa with US seeking to counter China’s influence

U.S. Treasury Secretary Janet Yellen departs Tuesday to visit three African countries central to President Joe Biden’s strategy to rejuvenate ties on the continent and counter China’s influence across the developing world.

Tribune News Service · Jan 14, 2023

The U.S. could hit its debt ceiling within days. Here's what you need to know.

The U.S. is expected to hit its debt ceiling Thursday, forcing the Treasury to take "extraordinary measures" to pay off its bills. A political stalemate could lead to an unprecedented federal default.

WEKU · Jan 14, 2023

Yellen says US to take extraordinary steps to avert a default

WASHINGTON — Treasury Secretary Janet Yellen said the department will begin taking special accounting maneuvers on Jan. 19 to avoid breaching the U.S. debt limit, urging lawmakers to boost the ceiling to avert a devastating payments default.

Tribune News Service · Jan 14, 2023

Janet Yellen to stay on as Biden's Treasury secretary

White House officials in the fall of last year had been preparing for Yellen's potential departure.

Axios · Jan 11, 2023

Treasury’s Yellen to stay on at Biden’s request as showdown over debt ceiling looms

WASHINGTON — President Joe Biden asked Treasury Secretary Janet Yellen to stay in her post, and she agreed, a White House official familiar with the matter said.

Tribune News Service · Jan 10, 2023

Americans took better care of their finances this year

Many Americans made the right financial moves this year. But thanks to inflation and a threat of recession, most don't believe 2023 will improve their finances.

Fortune · Dec 30, 2022

Raimondo channels CEOs' case for holiday cheer

In an interview with Axios, she says CEOs are "reasonably optimistic" about the economy.

Axios · Dec 23, 2022

Commentary: New IRS requirements raise questions about vow to only expand audits on rich

Next month, the U.S. Postal Service will be busier than usual. Not because of late Christmas cards or thank-you letters, but because of the extra Form 1099-Ks the IRS will be mailing out.

Tribune News Service · Dec 23, 2022

Yellen says food security program to boost funding for sustainable agriculture in Africa

U.S. Treasury Secretary Janet Yellen said on Thursday that a multilateral food security program would soon announce new funding to help build resilient and sustainable agriculture and food systems, particularly in Africa.

Reuters · Dec 15, 2022

Commentary: Blaming consumers for inflation makes no sense — here’s the real culprit

If you want to know what it means to add insult to injury, look no further than Treasury Secretary Janet Yellen. In a recent late-night interview, she blamed inflation on consumers spending too much. Not only was Yellen complicit in creating inflation, but now she has the impudence to blame…

Tribune News Service · Dec 15, 2022