Feb 27 Yellen urges world leaders to redirect frozen Russian Central Bank assets for Ukraine reconstruction By Fatima Hussein, Associated Press Treasury Secretary Janet Yellen on Tuesday offered her strongest public support yet for the idea of liquidating roughly $300 billion and using them for Ukraine. Continue reading
Jan 25 WATCH: Yellen delivers remarks in Chicago on U.S. economic growth and investments By Fatima Hussein, Associated Press Treasury Secretary Janet Yellen is visiting the Midwest this week to make a case for the Biden administration's economic agenda and offer a reminder about the Trump administration tax cuts, which she says added to the deficit and did little to promote… Continue reading
Jan 17 Yellen says current U.S. economic growth ‘vindicates’ Biden’s COVID-19 pandemic stimulus spending By Fatima Hussein, Associated Press Treasury Secretary Janet Yellen is making an election-year pitch that the current state of the economy "vindicates" Democrats' decision to pass a $1.9 trillion coronavirus pandemic response package back in 2021. Continue reading
Jan 08 Yellen says 100,000 firms have joined a business database aimed at unmasking shell company owners By Fatima Hussein, Associated Press Yellen says the database will send the message that "the United States is not a haven for dirty money." She also says Treasury is considering boosting rules related to commercial real estate transactions. Continue reading
Nov 21 WATCH: Garland and Yellen announce $4 billion settlement with Binance over failures to prevent money laundering By Lindsay Whitehurst, Gene Johnson, Eric Tucker, Associated Press “In part because of the crimes it committed, Binance became the world’s largest cryptocurrency exchange — now, Binance is paying one of the largest corporate penalties in U.S. history,” said Attorney General Merrick B. Garland. Continue reading
Nov 14 Watch 6:29 Treasury Secretary Yellen on economic competition and cooperation between U.S. and China By Geoff Bennett, Stephanie Kotuby, Alexa Gold This week is an important moment in the strained and often tense relationship between the U.S. and China. President Biden and Chinese President Xi Jinping will meet face to face in San Francisco on Wednesday as part of the Asia… Continue watching
Sep 14 Yellen details tighter scrutiny of investment plans of foreign-owned companies in the U.S. By Fatima Hussein, Associated Press The federal government reviews and can block business activity of non-U.S. companies through the Committee on Foreign Investment in the United States. Continue reading
Aug 02 IRS aims to go paperless by 2025 as part of campaign to conquer mountains of paperwork By Fatima Hussein, Associated Press The effort to reduce the exorbitant load of paperwork that has plagued the agency — dubbed the "paperless processing initiative" — was announced by U.S. Treasury Secretary Janet Yellen and IRS Commissioner Daniel Werfel on Wednesday. Continue reading
Jul 16 Yellen visits India again to deepen ties and tackle global economic issues By Ajit Solanki, Fatima Hussein, Associated Press On the heels of a trip to Beijing, U.S. Treasury Secretary Janet Yellen is back in India for the third time in nine months, this time to meet finance ministers from the Group of 20 nations about global economic challenges… Continue reading
Jul 09 Yellen says U.S. will listen to China’s concerns over tech export curbs, but defends trade measures By Joe McDonald, Associated Press Treasury Secretary Janet Yellen on Sunday said she agreed Washington will listen to Chinese complaints about security-related curbs on U.S. technology exports and might “respond to unintended consequences” as she ended a visit to Beijing aimed at reviving strained relations. Continue reading