Harris, Yellen to make case for massive government intervention in child care sector, citing ‘market failures’
Vice President Kamala Harris will hold an event with Treasury Secretary Janet Yellen on Wednesday as the Treasury Department unveils a new report on the state of the country’s child care system.
Yellen warns Treasury could exhaust extraordinary debt limit measures in October
Treasury Secretary Janet Yellen on Wednesday renewed her pressure on Congress to boost or suspend the nation's debt ceiling, warning the department's efforts to temporarily finance the U.S. government could end as soon as October.
Senators urge Yellen to keep $9 billion in assets from Taliban
Two GOP senators are urging Treasury Secretary Janet Yellen to do all she can to keep $9 billion in internationally-held funds intended for Afghanistan out of Taliban hands.
Biden administration freezes $7B in Afghan reserves, limiting Taliban cash access
The Biden administration reportedly froze Afghan government reserves held in U.S. banks on Sunday, blocking the Taliban from accessing billions of dollars shortly after the group seized the capital city of Kabul, leaving the U.S.-backed government in collapse.
Yellen endorses Powell for second Fed term, boosting his reappointment odds
Treasury Secretary Janet Yellen has reportedly told senior White House advisers that she supports reappointing Jerome Powell as Federal Reserve chair, a key endorsement that likely boosts his odds for a second term.
Yellen wants debt limit hike via regular order; Dems leave it out of reconciliation, setting up fall showdown
Treasury Secretary Janet Yellen on Monday urged Congress to pass a debt ceiling increase through regular order with bipartisan votes.
Key Social Security report delay leads top Republican to press Treasury for answers
Sen. Mike Crapo, R-Idaho, sent a letter to the Treasury Department on Friday inquiring as to why an important report detailing the financial health of two popular programs, Social Security and Medicare, has yet to be released.
Yellen says Biden's $4T economic agenda key to ensuring US global dominance
Treasury Secretary Janet Yellen on Wednesday argued that President Biden's sweeping $4 trillion economic plan is crucial to ensuring the U.S. maintains its status as the world's top economic superpower.
Treasury announces auctions to raise $126 billion next week
The Treasury Department announced Wednesday it will raise $126 billion to finance the government in a series of auctions next week by employing emergency measures to keep from broaching the newly imposed debt limit.
Yellen lays out her ‘extraordinary measures’ to Congress after debt ceiling deadline expires
U.S. Treasury Secretary Janet Yellen on Monday sent a letter to Congress explaining to lawmakers what actions her department had begun to take to address the debt ceiling ,after it was neither raised nor suspended by the deadline.
Treasury to deploy 'extraordinary measures' after Congress misses debt ceiling deadline
The Treasury Department will begin taking special cash-preservation measures on Monday to prevent the U.S. government from defaulting on its debt after Congress missed a key deadline to raise or suspend the borrowing limit.
GOP lawmakers call out Yellen for dodging oversight hearing while meeting with Dems behind closed doors
Republican lawmakers issued a letter Wednesday accusing Treasury Secretary Janet Yellen of “dodging” public hearings regarding programs she oversees while opting for “partisan, closed-door meetings” with Democrats.
Yellen urges Congress to raise debt limit, warns Treasury will deploy 'extraordinary measures' soon
Treasury Secretary Janet Yellen on Friday urged Congress to raise or suspend the debt ceiling by the end of the month, warning that her department will need to deploy "extraordinary measures" beginning Aug. 2 to prevent the U.S. government from defaulting.
Yellen snubs Senate GOP as debt ceiling expiration looms
Treasury Secretary Janet Yellen turned down Senate Republicans' request for a private briefing on the debt ceiling, which is set to expire next week.
Yellen to host stablecoin working group Monday
U.S. Treasury Secretary Janet Yellen will convene the President's Working Group on Financial Markets on Monday to discuss multi-agency oversight of stablecoins.
Yellen says we could see lockdowns return in areas with low COVID-19 vaccination rates
Treasury Secretary Janet Yellen on Friday said the U.S. could see lockdowns return in parts of the country with low COVID-19 vaccination rates.
Kudlow: Biden tax hike 'seven times' as large as Trump tax cut
Larry Kudlow slams the tax hike on 'Kudlow'
Yellen says Treasury prepared to deploy extraordinary debt limit measures as July deadline looms
Treasury Secretary Janet Yellen said Tuesday that she's prepared to inform Congress she will immediately deploy "extraordinary measures" to avoid violating the government debt limit as lawmakers hurtle toward the July debt deadline.
Yellen cajoles European global minimum tax holdouts after G-20 meeting in Venice
Treasury Secretary Janet Yellen on Monday called on European holdout countries that have not signed onto the global minimum tax deal to support the breakthrough agreement, though she has said it's not necessary for all nations to adopt it.
Yellen may push for global minimum tax rate higher than 15%, Treasury official says
Treasury Secretary Janet Yellen may push G20 finance ministers during a meeting in Venice, Italy this week for a global minimum tax rate above the 15% threshold agreed to by 130 nations last week, U.S. Treasury officials said Tuesday.