Politics Feb 14 WATCH: Biden warns of crisis if the debt ceiling isn’t raised President Joe Biden and Treasury Secretary Janet Yellen warned Tuesday of a potential economic crisis if a deal isn't reached to increase the federal debt ceiling.
World Feb 09 U.S., UK impose sanctions on Russian cybercrime group The U.S. Treasury Department has announced a joint U.S.-U.K. effort to sanction Russian cybercriminals as the one-year anniversary of Russia's invasion of Ukraine nears and Treasury tightens its efforts to financially punish violators of existing sanctions.
World Jan 31 U.S. sanctions Myanmar groups ahead of military coup anniversary The U.S. is imposing sanctions on a group of people and organizations connected to Myanmar's military regime as the two-year anniversary nears for the coup that removed the country's civilian government.
Politics Jan 30 Treasury Department to increase borrowing amid debt ceiling standoff The move highlights the ongoing debate over federal spending that has overtaken Washington, as the U.S. government is on track to max out on its $31.4 trillion statutory borrowing authority — also known as the debt ceiling.
World Jan 23 During trip, Yellen pushes for China to address Zambia’s heavy debt burden U.S. Treasury Secretary Janet Yellen says on the second leg on her African tour it's "critically important" to address Zambia's debt crisis. Experts say a prolonged debt crisis could lead Zambia deeper into poverty and joblessness and exclude it from…
World Jan 21 Yellen visits historic site of slave-trading post off the coast of Senegal U.S. Treasury Secretary Janet Yellen paid a solemn visit Saturday to the salmon-colored house on an island off Senegal that is one of the most recognized symbols of the horrors of the Atlantic slave trade that trapped tens of millions of Africans…
World Jan 20 Yellen hails rising U.S.-Africa relations after visiting young entrepreneurs in Senegal U.S. Treasury Secretary Janet Yellen is visiting Senegal with a message about the future of U.S.-Africa relations.
Politics Jan 19 Treasury Secretary Yellen kickstarts Biden administration visit to Africa The Biden administration's big push to engage more with Africa is underway as Treasury Secretary Janet Yellen begins a 10-day visit aimed at promoting all the economic possibilities that lie between the U.S. and the world's second-largest continent.
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.