Economy Jan 16 Treasury Secretary Yellen to meet with China's finance minister in Switzerland Treasury Secretary Janet Yellen will meet with her Chinese counterpart, Vice Premier Liu He, in Switzerland on Wednesday to discuss economic developments between the two nations.
Politics Jan 13 U.S. expected to hit debt limit Thursday, Yellen tells Congress Treasury Secretary Janet Yellen notified Congress on Friday that the U.S. is projected to reach its debt limit on Thursday and will then resort to “extraordinary measures” to avoid default.
Politics Jan 11 The federal government is set to max out on debt. Here's why it could start a political standoff The federal government is on track to max out on its $31.4 trillion borrowing authority as soon as this month. That starts the clock on an expected standoff between President Joe Biden and the new House Republican majority.
Politics Jan 06 Iranian drone maker sanctioned for supplying Moscow The U.S. has hit six executives and board members of an Iranian drone manufacturer with sanctions after the firm allegedly supplied Moscow with drones that Russian forces have been using to attack Ukraine.
World Jan 06 WATCH: State Department holds news briefing after U.S. sanctions Iran drone-maker executives State Department spokesperson Ned Price will hold a briefing Friday afternoon.
Economy Dec 31 U.S. aims to get International Monetary Fund to change fee policy on Ukrainian loans A provision in the recently signed defense spending bill mandates that the United States work to ease Ukraine’s debt burden at the International Monetary Fund, which could create tensions at the world’s lender-of-last-resort over one of its biggest borrowers.
World Dec 16 Ukraine businesses to receive $2 billion in international loans Private businesses in Ukraine are in line to receive $2 billion in financing arranged by the International Finance Corp. to help rebuild the country's agriculture and fuel import industries and other ventures, which have faced extensive losses because of the…
Politics Nov 30 WATCH: Biden makes new commitments during Tribal Nations Summit Biden announced new steps to establish uniform standards for federal agencies to consult with tribes, a plan to revitalize Native languages and new efforts to strengthen the tribal rights that are outlined in existing treaties with Washington.
Economy Nov 16 House panel to hold hearing on cryptocurrency exchange FTX collapse Lawmakers plan to investigate the failure of FTX, the large crypto exchange that collapsed last week and filed for bankruptcy protection, leaving investors and customers staring at losses that could total in the billions of dollars.
World Nov 15 U.S. sanctions firms accused of transferring Iranian drones to Russia The U.S. is imposing sanctions on firms and entities accused of being involved in the transfer of Iranian drones to Russia for use in Vladimir Putin's ongoing invasion of Ukraine.