Yellen downplays fears $300 unemployment pay hurting jobs market, says closed schools a factor
Treasury Secretary Janet Yellen dismissed concerns that sweetened unemployment benefits contributed to a slowdown in hiring last month.
Yellen under fire for failing to testify about COVID relief funding on Capitol Hill
Treasury Secretary Janet Yellen is under fire for missing an April deadline to testify before the House Small Business Committee.
What is a global minimum tax pushed by Biden, and how would it work?
Treasury Secretary Janet Yellen recently embraced a long-stalled effort to impose a global minimum tax rate. Here's what you need to know about the initiative.
Larry Kudlow: By saying interest rates are going up, Janet Yellen is 'acknowledging the economy is booming'
‘Kudlow’ host Larry Kudlow Wednesday said that Treasury Secretary Janet Yellen was right when she said interest rates were rising, acknowledging the economy is booming, and that, according to Kudlow, “there is no crisis.”
Yellen says interest rates may need to rise to stop economy from overheating
Treasury Secretary Janet Yellen said Tuesday that higher interest rates may be needed in order to stave off runaway economic growth in the U.S.
Yellen insists Fed will monitor inflation, has tools to control it as Biden plan under scrutiny
U.S. Treasury Secretary Janet Yellen has insisted the Federal Reserve is able to handle any inflation that results from President Biden’s new spending bill, with critics worrying that the incredible amount of money spent will lead to countless problems in the economy.
SALT cap critic urges Yellen to restore full tax deduction in Biden's $2.25T spending plan
A key Democrat is renewing his push for President Biden to repeal a Trump-era limit on state and local tax deductions in his $2.25 trillion tax and spending plan.
Yellen says going green will cost $2.5T and require private sector investment
U.S. Treasury Secretary Janet Yellen on Wednesday noted that the Biden administration’s goal of reducing emissions by investing in green energy infrastructure will require a sizable investment.
Yellen taps Obama veteran to lead new Treasury role focused on climate change
The Treasury Department on Monday established a brand new "climate hub" that's tasked with bringing the "full force" of the department to tackle potential financial system risks posed by climate change, including leveraging tax incentives to reduce carbon emissions.
S&P 500 hits record high in mostly quiet session after Fed plans to continue easy policy
U.S. equities were little changed on Wednesday.
G20 finance officials to meet on pandemic measures, US global minimum tax plan
The IMF on Tuesday raised its 2021 global growth forecast to 6%, reflecting a rapidly brightening outlook for the U.S.
Yellen to push for global minimum tax rate on corporations
Treasury Secretary Janet Yellen on Monday will make the case for a global minimum tax rate as she pushes President Biden's plan to increase levies on U.S. corporations in order to fund his $2.25 trillion spending proposal, according to Axios.
Fed to lift bank restrictions on dividends, buybacks by June
The Fed signals U.S. banks can revisit dividends, buybacks.
IRS could raise revenue without raising tax rates if it were properly resourced, Yellen says
U.S. Treasury Secretary Janet Yellen said on Wednesday that if the IRS were funded appropriately and therefore able to crack down on tax cheats, the U.S. would be able to collect more revenue without raising taxes
Janet Yellen, Fed’s Jerome Powell testify on COVID-19 relief, economy
Yellen and Powell returned to Capitol Hill for a second day of testimony.
Yellen says higher taxes needed in long term to finance US spending
Treasury Secretary Janet Yellen said Wednesday the U.S. government has more room to borrow, but acknowledged that higher taxes will likely be needed to pay for those future expenditures.
Stocks sink as coronavirus European lockdowns rise, Powell and Yellen assess economy
U.S. equity markets fell Tuesday amid renewed concerns about the pace of the global recovery as European countries imposed new COVID-19 lockdowns and as Federal Reserve Chairman Jerome Powell and Treasury Secretary Janet Yellen testified about the U.S. government’s COVID-19 relief efforts.
Yellen says Biden administration weighing tax structure changes to fund infrastructure bill
Treasury Secretary Janet Yellen said Tuesday that President Biden is exploring changes to the tax structure in order to offset the cost of Democrats' next big-ticket economic spending package.
Fed's Jerome Powell, Treasury's Janet Yellen talk COVID-19 relief
Jerome Powell and Janet Yellen gave their take on the COVID-19 relief progress.
Yellen predicts possible post-COVID return to full employment next year
U.S. Treasury Secretary Janet Yellen will testify before lawmakers in the House Financial Services Committee on Tuesday where she is expected to paint a relatively hopeful picture for the U.S. labor market.