Jun 19 Watch 3:32 News Wrap: Ethnic mass killing in Ethiopia claims more than 200 lives In our news wrap Sunday, an ethnic mass killing in Ethiopia has claimed the lives of more than 200 Amhara people, Treasury Secretary Janet Yellen expects an economic slowdown but not necessarily a recession, voters in Colombia head to the… Continue watching
Jun 19 Yellen says economy will slow but a recession is not ‘inevitable’ By Aamer Madhani, Associated Press Yellen offered a dose of optimism even as economists grow increasingly worried about a recession fueled by skyrocketing inflation and the Russian invasion of Ukraine. Continue reading
Jun 07 Watch 4:57 News Wrap: Treasury Secretary Janet Yellen says inflation will remain high In our news wrap Tuesday, Treasury Secretary Janet Yellen told the Senate Finance Committee inflation will remain high, the Department of Homeland Security warns of potential new threats from domestic extremists, the World Bank lowered its economic outlook, Russia says… Continue watching
Jun 07 WATCH: Treasury Secretary Yellen testifies on President Biden’s budget in Senate hearing By Fatima Hussein, Associated Press 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. Continue reading
May 24 U.S. to end Russia’s ability to pay off international debt By Ken Sweet, Fatima Hussein, Associated Press 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. Continue reading
May 12 WATCH: Yellen calls for new regulations amid Crypto decline By Fatima Hussein, Associated Press 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. Continue reading
May 10 WATCH: Treasury Secretary Yellen Capitol Hill testimony on finance touches on abortion By Fatima Hussein, Associated Press 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. Continue reading
Apr 21 WATCH: Treasury Secretary Yellen announces more financial support for Ukraine By Associated Press The United States is providing an additional $500 million in financial assistance to Ukraine to help the beleaguered country sustain salaries, pensions and other government programs while it fends off Russia's invasion. Continue reading
Apr 19 Treasury Secretary Yellen, other finance leaders urge to boost fight against global food insecurity By Fatima Hussein, Paul Wiseman, Associated Press 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. Continue reading
Apr 07 Treasury Secretary Yellen calls for cryptocurrency regulation to reduce risk, fraud By Fatima Hussein, Associated Press 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. Continue reading