The Latest Breaking News from Janet Yellen

Africa risks losing out on trade as rich countries cement relationships with trusted partners

Over the past few years, the world’s supply chains have been strained and disrupted by the COVID pandemic, Russia’s invasion of Ukraine, and rising geopolitical tensions. These started with the US-China trade war and then intensified following the war in Ukraine.

The Conversation · Sep 29, 2022

Harris, Yellen focus on community finance at Freedman Forum

Vice President Kamala Harris and Treasury Secretary Janet Yellen will host a forum to highlight how coronavirus pandemic relief dollars have helped support Black- and minority-owned businesses

The Independent UK · Sep 29, 2022

Memories of the 1970s haunt the Fed, pushing its aggressive rate moves

The Federal Reserve is cracking down hard on inflation, in hopes of avoiding a repeat of the 1970s, when price hikes were so sustained, they got baked in to people's thinking.

WEKU · Sep 29, 2022

Yellen to visit North Carolina ahead of tight midterm races

Treasury Secretary Janet Yellen heads to the Durham, North Carolina, area next Tuesday as part of her ongoing national tour to promote the Biden administration’s legislative agenda ahead of midterm elections

The Independent UK · Sep 22, 2022

US sanctions Iranian morality police after woman's death

The U.S. government has imposed sanctions on Iran’s morality police after the death in custody of a woman who'd been accused of wearing her Islamic headgear too loosely

The Independent UK · Sep 22, 2022

U.S. sanctions Iran's morality police over death of woman in custody

“We condemn this unconscionable act ... and call on the Iranian government to end its violence against women," Treasury said.

Axios · Sep 22, 2022

US has sent $8.28 billion in pandemic funds to local lenders

On the same day the Federal Reserve gave a sobering report on the U.S. economy’s trajectory, administration officials highlighted how they have kept some of the nation’s smallest businesses afloat through the pandemic

The Independent UK · Sep 21, 2022

U.S. senators want secondary sanctions on Russian oil

Democratic and Republican senators on Tuesday proposed that U.S. President Joe Biden's administration use secondary sanctions on international banks to strengthen a price cap G7 countries plan to impose on Russian oil over Moscow's invasion of Ukraine.

Reuters · Sep 20, 2022

U.S. Treasury official criticizes China's 'unconventional' debt practices

A top adviser to U.S. Treasury Secretary Janet Yellen warned on Tuesday that China's foot-dragging on debt relief could burden dozens of low- and middle-income countries with years of debt servicing problems, lower growth and underinvestment.

Reuters · Sep 20, 2022

West wavers on Ukraine proposals to seize Russian assets as reparations

Exclusive: Ukraine lobbying UN and allies to clear legal path for extracting Russian compensation for war damage

The Guardian - UK · Sep 18, 2022