janet yellen

WATCH: Treasury Secretary Yellen says Russia’s aggression will have ‘enormous economic consequences’

By News Desk and Associated Press

The United States and Western allies have imposed an avalanche of sanctions against Russia in the first weeks of the war.

Biden signs order for government oversight of cryptocurrency

By Fatima Hussein, Associated Press

The executive order had been widely anticipated by the finance industry and others who have compared the cryptocurrency market with the Wild West.

WATCH: Vice President Harris and Treasury Secretary Yellen say child tax credit money still available through tax returns

By Josh Boak, Associated Press

The Biden administration wants families with children to know that there is roughly $193 billion waiting for them — all they need to do is file their taxes to claim it.

WATCH: Biden gives remarks on efforts to lower prices for working families.

By Associated Press

President Joe Biden told members of his administration that the lack of competition in U.S. industries costs the median American family household up to $5,000 annually.

On Martin Luther King Jr. Day, Biden says Americans must commit to King’s work

By Associated Press

Americans must commit to the unfinished work of Martin Luther King Jr., President Joe Biden said Monday said in a video address on the day that commemorates the slain civil rights leader.

WATCH: Senate votes to raise debt limit by $2.5 trillion, avoiding default

By Brian Slodysko, Associated Press

The bill is expected to clear the Senate on a party-line vote that garners no Republican support, with swift passage by the House likely to follow before it then heads to President Joe Biden’s desk.

WATCH: Fed Chair Jerome Powell ‘not at all sure’ inflation will fade next year

By Chris Rugaber, Associated Press

In a fresh sign of his growing concerns about inflation, Chair Jerome Powell said Wednesday that the Federal Reserve can't be sure that price increases will slow in the second half of next year as many economists expect.

WATCH: Treasury Secretary Janet Yellen, Fed Chair Jerome Powell testify before Senate committee

By Christopher Rugaber, Associated Press

Chair Jerome Powell says the Federal Reserve will consider acting more quickly to dial back its ultra-low-interest rate policies to counter higher inflation, which Powell acknowledged will likely persist well into next year.

Yellen calls climate fight ‘the greatest economic opportunity of our time’

By Associated Press

“In many cases, it's simply cost effective to go green,” the U.S. treasury secretary told a panel on Wednesday.

WATCH: House returns to stave off default with debt limit vote

By Kevin Freking, Associated Press

Members of the House are scrambling to Washington to pass a short-term lift of the nation's debt limit. The vote Tuesday will ensure the federal government can continue fully paying its bills into December.