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Fatima Hussein, Associated Press

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Fatima’s Recent Stories

Economy Jun 07

WATCH: Treasury Secretary Yellen testifies on President Biden's budget in Senate hearing

Treasury Secretary Janet Yellen has acknowledged that she and Federal Reserve Chair Jerome Powell "could have used a better word" than transitory when describing the expected run of inflation in the U.S. economy.

World May 24

U.S. to end Russia's ability to pay off international debt

The U.S. will close the last avenue for Russia to pay back its billions in debt to international investors on Wednesday, making a Russian default on its debts for the first time since the Bolshevik Revolution all but inevitable.

Politics May 12

WATCH: Yellen calls for new regulations amid Crypto decline

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.

Politics May 10

WATCH: Treasury Secretary Yellen Capitol Hill testimony on finance touches on abortion

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.

Politics May 04

WATCH: President Biden remarks on deficit progress in bid to counter critics

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.

World Apr 23

How sanctions are affecting the Russian economy

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.

Economy Apr 19

Treasury Secretary Yellen, other finance leaders urge to boost fight against global food insecurity

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.

Nation Apr 17

Why Tax Day laggards should consider filing for an extension

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.

World Apr 10

Biden to press India's Modi on taking a hard line against Russia

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.

Economy Apr 07

Treasury Secretary Yellen calls for cryptocurrency regulation to reduce risk, fraud

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.

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