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The Latest Breaking News from Janet Yellen

With Ukraine losing ground, allies debate how to squeeze cash for Kyiv out of frozen Russian assets

Ukraine's allies are looking for ways to squeeze money out of frozen Russian assets and use the money to help Ukraine fend off Russia's invasion

The Independent UK

Russian Assets Plan For Aiding Ukraine To Dominate G7 Meet

G7 finance ministers gather in Italy on Thursday for a three-day meeting dominated by plans to use Russian assets to help Ukraine, as well as new sanctions on Moscow and the commercial threat posed by China.

International Business Times

Brazil, France, Spain, Germany and S. Africa Push To Tax Billionaires 2% Yearly; US Says No

Yellen announces US opposition to global wealth tax, despite support from Brazil, France, and others.

International Business Times UK

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Ukraine war briefing: Worse than Bakhmut but now we have shells, say Kharkiv defenders

Ukraine says last Russian cruise missile ship in Crimea destroyed; give us Russia’s frozen assets, not just the interest, says Kuleba. What we know on day 819

The Guardian - AU

Yellen Urges German Banks To Comply With Russia Sanctions

U.S. Treasury Secretary Janet Yellen warns German banks to comply with American sanctions on Russia amid Ukraine crisis, emphasizing the importance of stri...

Top News

Janet Yellen urges EU to join US in curbs on cheap Chinese exports

Comments come as Commission president hints EU could impose tariffs on Chinese electric vehicles

The Guardian - UK

G7 Push To Use Russian Assets For Ukraine 'Vital And Urgent': Yellen

It is "vital and urgent" for the United States and allies to find a way to tap immobilized Russian assets in helping Ukraine, US Treasury Secretary Janet Yellen said in prepared remarks released Monday.

International Business Times

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IRS Direct File Will Be Permanent, Competing With TurboTax, H&R Block

The IRS says it will bring Direct File back next tax season.

Kiplinger

Biden announces new tariffs on imports of Chinese goods, including electric vehicles

President Biden is keeping the tariffs on Chinese imports put in place by his predecessor and 2024 opponent, former President Donald Trump. And he's adding new ones for things like electric vehicles.

WEKU

Biden targets China — and Trump — with new tariffs

The goal is to protect America's new green tech and manufacturing industries.

Axios

Yellen Foresees Chinese Response To Expected US Tariffs

US and China trade tensions rise as potential tariff actions loom, sparking global economic concerns.

Top News

FDIC Report Reveals Unacceptable Abuses, Yellen Condemns

Treasury Secretary Janet Yellen condemns sexual misconduct at FDIC, calls for accountability and prevention measures in response to report findings.

Top News

Yellen Urges Congress Action On Nonbank Mortgage Sector

US Treasury Secretary Janet Yellen highlights the need for regulatory oversight and consumer protection in the growing nonbank mortgage sector.

Top News

Yellen Urges Action To Curb US Mortgage Market Risks

US Treasury Secretary Janet Yellen flagged risks posed in the mortgage market Friday, as regulators released recommendations to address the sector's vulnerabilities.

International Business Times

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InsideEVs

The Automotive Cold War Is Officially Underway

Chinese electric cars are getting slapped with a new 100% tariff, according to The Wall Street Journal.

Al Jazeera

How food and chopstick skills are helping ease US-China tensions

What officials eat and how have become key ingredients in efforts to find common ground in a testy relationship.

Kiplinger

Final EV Tax Credit Rules Don’t Change Much for Consumers

Treasury and IRS have finalized regulations for the up to $7,500 electric vehicle tax credit.

Top News

Yellen Warns Against Economic Consequences Of Democratic Erosion

Treasury Secretary Yellen's speech warns of economic risks tied to democratic erosion and authoritarianism, emphasizing the importance of upholding democra...

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International Business Times

Warren Says Iran's 'Increasingly Lucrative' Crypto Mining Industry Used To Evade Sanctions

U.S. senators Warren and King Jr. have once again asked the Biden administration to provide details about the extent of Iran's crypto mining industry, which they said was being used to evade sanctions and fund terrorism.

Top News

Yellen Warns Eroding US Democracy Threatens Economic Growth

Treasury Secretary Yellen warns of economic risks from eroding democracy and Federal Reserve threats, emphasizing the critical link between political stabi...

Al Jazeera

US sanctions hundreds of individuals, firms over Russia’s war in Ukraine

Measures target nearly 300 entities, including 20 firms based in China and Hong Kong.

Top News

Yellen: US Economy Strong, Options Open On China Overcapacity

Former Fed Chair Janet Yellen's views on US economy and China's overcapacity offer valuable insights amidst global economic uncertainty.

Top News

Yellen Discusses Options For Frozen Russian Assets

Treasury Secretary Yellen discusses potential responses to frozen Russian assets amid escalating tensions. Yellen emphasizes careful consideration and stra...

Top News

US To Address China Overcapacity With All Options Open

US Treasury Secretary Yellen discusses US response to China's overcapacity issues and commitment to fair trade practices.

Top News

US Economy Strong Despite Weaker First-Quarter GDP Reading

US Treasury Secretary Yellen remains optimistic about the economy despite slower GDP growth. Inflation expected to trend lower with efforts to manage costs...

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