Oct 06 WATCH: Biden enlists CEOs to warn of default if federal debt limit is not raised By Lisa Mascaro, Kevin Freking, Josh Boak, Associated Press Biden hosted business leaders at the White House on Wednesday and is warning that failure to extend the government's borrowing authority could set off a global financial crisis. Continue reading
Sep 30 WATCH: Treasury Secretary Yellen and Fed Chair Powell testify on pandemic recovery By News Desk and Christopher Rugaber, Associated Press Treasury Secretary Janet Yellen and Fed Chair Jerome Powell are expected to testify before the House Committee on Financial Services on Thursday about the pandemic recovery. Continue reading
Sep 27 WATCH: Secretary Yellen, Chairman Powell testify on pandemic recovery By Chris Rugaber, Associated Press Treasury Secretary Janet Yellen and Federal Reserve Chairman Jerome Powell are expected to testify at a hearing on Tuesday on the state of the nation's pandemic recovery. Continue reading
Sep 08 U.S. may hit debt limit in October, Yellen warns By Martin Crutsinger, Associated Press Treasury Secretary Janet Yellen is warning Congress that she will run out of maneuvering room to prevent the U.S. from broaching the government's borrowing limit in October. Continue reading
Aug 03 Yellen briefs Democrats amid calls for new ban on evictions By Josh Boak, Lisa Mascaro, Associated Press Treasury Secretary Janet Yellen has briefed House Democrats on the administration’s efforts to prevent widespread housing evictions after a moratorium lapsed. Continue reading
Jul 23 Yellen outlines to Congress emergency measures on debt limit By Martin Crutsinger, Alan Fram, Associated Press In a letter Friday to House and Senate leaders, Yellen said that her actions would buy time until Congress can pass legislation to either raise the debt limit or suspend the limit again for a period of time. Continue reading
Jul 12 Digital tax plans on hold in face of U.S. criticism as EU crafts global corporate tax measure By Raf Cassert, Associated Press The European Commission's announcement came as U.S. Secretary of the Treasury Janet Yellen was meeting in Brussels with eurozone counterparts and high-level EU officials. Continue reading
Jun 16 WATCH: Treasury Secretary Yellen says administration is watching inflation closely By Associated Press Treasury Secretary Janet Yellen assured Congress that the recent jump in inflation is being monitored very carefully by the Biden administration, but said again that any increase will prove temporary. Continue reading
Jun 15 WATCH: Vice President Harris and Treasury Secretary Yellen announce small business aid program By Alexandra Jaffe, Associated Press Vice President Kamala Harris has announced that the Biden administration is distributing $1.25 billion to hundreds of community lenders. Continue reading
May 27 WATCH: Yellen says economic recovery likely to be ‘bumpy’ By Associated Press In testimony, Yellen was asked about the big jump in consumer prices reported last week. She said that the April price increase was the result of a number of special factors related to the economy opening back up. Continue reading