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The Latest Breaking News from Janet Yellen

Trump's demand for influence over the Fed conjures comparisons to Nixon

Nixon's Fed chair Arthur Burns is viewed by many as the worst in the institution's history for failing to stand up to the White House.

Fortune

Vice President Kamala Harris' Economic Views And Policy Priorities

Explore Vice President Kamala Harris's economic platform, focusing on middle-class support, accountability, and pragmatic policies.

Top News

Russia-Ukraine war: List of key events, day 882

As the war enters its 882nd day, these are the main developments.

Al Jazeera

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US Sees No Need For Global Deal To Tax Super-rich: Yellen

The United States sees no need to negotiate an international agreement on taxing the super-wealthy, Treasury Secretary Janet Yellen said Thursday on the sideline of a G20 finance ministers' meeting.

International Business Times

Finance ministers of the Group of 20 in Brazil discuss tax on super-rich

Finance ministers from leading rich and developing nations have gathered in Rio de Janeiro for a two-day meeting to discuss a global tax on the super-rich, a top priority for Brazil, which holds the presidency

The Independent UK

Yellen To Address G20 Finance Leaders On US Policy Commitments After Biden's Withdrawal From Presidential Race

U.S. Treasury Secretary Janet Yellen's presence at the G20 summit in Brazil aims to address subjects on green energy incentives, efforts to tackle debt distress, support for Ukraine and the capacity of China's manufacturing sector.

International Business Times

US Treasury Secretary Warns Of Declining Dollar Dominance

Global concerns over U.S. dollar decline as Bitcoin gains momentum, impacting financial strategies and geopolitical dynamics.

Top News

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Janet Yellen is a fan of 'Diners, Drive-ins and Dives,' In-N-Out burgers, and visiting restaurants to go beyond economic data

"I certainly look at national data sets to understand what’s happening in the economy, but talking to people about what they’re experiencing is often really helpful in getting your mind around where people are coming from."

Fortune

IRS goes after rich tax cheats, nets $1B

The Biden administration’s $60 billion in additional IRS funding has reinvigorated the agency’s enforcement effort

Salon

Yellen: No 25Th Amendment Discussions Amid Concerns Over Biden

Treasury Secretary Yellen confirms no discussions on invoking 25th Amendment for President Biden. Concerns raised about Biden's age and mental acuity.

Top News

U.S. Expands Review Of Land Sales Near Military Sites

U.S. government expands CFIUS oversight to include land sales near military sites for national security, with recent focus on Chinese investments.

Top News

Treasury Secretary Janet Yellen blames Trump’s tax cuts for ‘many of the problems’ with the U.S.’s soaring budget deficit

Yellen says Trump’s policies gave tax breaks to wealthy corporations and individuals while increasing the national deficit.

Fortune

US Treasury Reveals Biden Administration's $100 Million Boost For Affordable Housing

Yellen announced that the $100 million, to be distributed over three years, will be funded by repayments from previous Covid-era investments.

International Business Times

Yellen announces efforts to boost housing supply as high prices create crunch

The Biden administration is announcing new steps to increase access to affordable housing

The Independent UK

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Fortune

Billionaires vs. millionaires: America’s wealthy are more eager than Janet Yellen to tax the super-wealthy

A majority of American millionaires are in favor of a proposal to require the world's billionaires to pay taxes worth at least 2% of their overall wealth every year.

Top News

Treasury Department Takes Action Against Drug Cartel Financing

Treasury Secretary Janet Yellen announces sanctions on individuals linked to drug cartel smuggling fentanyl into the U.S. as part of Biden administration's...

The Independent UK

In Atlanta to promote fentanyl actions, Yellen announces sanctions against Mexican cartel

U.S., Treasury Secretary Janet Yellen has announced new sanctions against members of La Nueva Familia Michoacana drug cartel, a notoriously violent group that wars for territorial control with a slate of other Mexican cartels

International Business Times

Yellen Criticizes Trump's Tariff Proposal As Harmful To Working Class Americans

Trump recently suggested the idea of eliminating federal income taxes and imposing substantial tariffs on imports during private meetings with GOP lawmakers.

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Al Jazeera

US expands Russia sanctions, targeting entities in China, UAE and Turkey

Washington’s latest sanctions announcement comes as US President Joe Biden attends the G7 summit in Italy.

The Independent UK

Israeli settlers in the West Bank were hit with international sanctions. It only emboldened them

More than a dozen Israeli settlers have been targeted by international sanctions over accusations of attacks and harassment against Palestinians in the West Bank

Top News

Janet Yellen To Address Risks And Opportunities Of AI

Treasury Secretary Janet Yellen to discuss AI's impact on financial systems, addressing risks and benefits in upcoming speech.

Top News

U.S. Treasury Official In Kyiv Discusses Financial Support For Ukraine

U.S. Treasury official in Kyiv discussing financial aid, sanctions on Russia, and using Russian assets to aid Ukraine's defense amidst Russia's territorial...

International Business Times

US To Unveil 'Guardrails' Needed For Carbon Markets To Succeed

President Joe Biden's administration is set Tuesday to unveil "guardrails" it says will ensure that carbon offset markets effectively reduce greenhouse gas emissions, a significant win for advocates of the contentious schemes.

Top News

Yellen Expects Quick FDIC Nominee Announcement From White House

The White House is actively working to select a nominee for the FDIC, emphasizing transparency and accountability in the process.

Top News

Yellen Supports Ukraine Loan Plan, More Work Needed

Treasury Secretary Yellen announces strong support for Ukraine loan plan to aid economic stability and recovery.

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