The Latest Breaking News from Janet Yellen

Report: G7 countries set to approve $18 billion for Ukraine

Germany’s finance minister says the Group of Seven leading economies are set to agree on more than $18 billion in aid for Ukrainian defense efforts

The Independent UK · May 20, 2022

Could Terra's Stablecoin Struggles Affect The Circle SPAC Deal And Valuation?

Stablecoins have dominated the headlines in the world of cryptocurrency this week with the crash of several coins. The downward moves and negative connotations building for stablecoins could spell trouble for a SPAC deal that involves a leading stablecoin company.

Benzinga · May 19, 2022

What stagflation means and what Biden could do about it

High inflation tends to break out when economic growth is really roaring.

Axios · May 19, 2022

Yellen warns of "stagflationary effects" of higher food and gas prices

"These pressures are not likely to abate in the very near future."

Axios · May 18, 2022

Yellen’s grand global corporate tax plan risks Congress flop

Treasury Secretary Janet Yellen’s success in securing the biggest global corporate-tax reform in decades risks flopping in her own country’s legislature, potentially sowing the seeds for renewed international tensions in coming years.

Tribune News Service · May 18, 2022

Yellen: Not legal for U.S. to seize Russian official assets

The United States does not have legal authority to seize Russian central bank assets frozen due to its invasion of Ukraine, Treasury Secretary Janet Yellen said on Wednesday, but talks with U.S. partners over ways to make Russia foot the bill for Ukraine's post-war reconstruction are starting.

Reuters · May 18, 2022

Yellen calls on U.S., European allies to confront China together

U.S. Treasury Secretary Janet Yellen stepped up her criticism of China's economic and trade practices on Tuesday, calling on the United States and its allies in Europe to band together to challenge Beijing and diversify supply chains.

Reuters · May 17, 2022

Yellen warns Europeans about working with China, urges unity

Even as Western allies grapple with how to counter Russia’s assault on Ukraine, U.S. Treasury Secretary Janet Yellen is warning that they also must take a wary and united approach to checking China and its business practices

The Independent UK · May 17, 2022

Yellen calls on U.S. allies to step up funding for Ukraine

U.S. Treasury Secretary Janet Yellen called for U.S. allies to step up financial support for Ukraine on Tuesday, saying that funds announced so far would not be sufficient for the country's short-term needs as it battles a Russian invasion.

Reuters · May 17, 2022

Yellen links Russia sanctions to 1940 U.S. asset freezes aimed at Nazis

U.S. Treasury Secretary Janet Yellen on Monday drew parallels between the financial pressure that the United States and its allies are imposing on Russia to the efforts of a 1940s Treasury secretary to deny financial resources to Nazi Germany.

Reuters · May 16, 2022