Treasury Secretary Janet Yellen, responding to the recent sharp decline in cryptocurrencies, says additional federal regulation is needed to respond to the wave of speculative investment in the currency whose secrecy is an essential part of its appeal.
Treasury Secretary Janet Yellen's appearance before a Senate committee took an unexpected and tense detour into the abortion debate Tuesday when senators questioned her about the potential impact of an abortion ban on the American economy.
President Joe Biden plans to highlight deficit reduction in remarks noting that the government will pay down the national debt this quarter for the first time in six years.
As the West moved to cut off Russia’s access to its foreign reserves, limit imports of key technologies and take other restrictive actions, the Kremlin launched some drastic measures to protect the economy.
Treasury Secretary Janet Yellen has urged world finance leaders to "get concrete" as they look for ways to combat a looming crisis over food insecurity around the global that Russia's war in Ukraine has made worse.
Monday is Tax Day — the federal deadline for individual tax filing and payments — and the IRS will receive tens of millions of last-minute filings electronically and through paper forms.
President Joe Biden is set to speak with Indian Prime Minister Narendra Modi on Monday as he presses world leaders to take a hard line against Russia’s Ukraine invasion.
Treasury Secretary Janet Yellen says more government regulation is needed to police the proliferation of cryptocurrency and other digital assets and to ward off fraudulent and illicit transactions.
The executive order had been widely anticipated by the finance industry and others who have compared the cryptocurrency market with the Wild West.
The U.S. Treasury Department has concluded that more than 80% of the billions of dollars in federal rental assistance during the pandemic went to low-income tenants.
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