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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…

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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.

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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…

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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