Yellen blames 'aftermath' of COVID for Bidenomics' unpopularity with Americans
Treasury Secretary Janet Yellen said the "aftermath" of the COVID pandemic was why the administration's "Bidenomics" messaging isn't landing with Americans.
Janet Yellen warns that decoupling from China would be 'economically disastrous'
Treasury Secretary Janet Yellen said Thursday that it would be a mistake for the U.S. and China to "decouple," warning of disastrous economic consequences.
Yellen says Republican cuts to IRS funding would be 'damaging and irresponsible'
Treasury Secretary Janet Yellen condemned Republican efforts to claw back funding for the IRS in its effort to provide Israel with $14 billion in aid.
Bill to freeze $6 billion in Iranian assets introduced by top Republican
Sen. Tim Scott, R-SC, is leading efforts in the Senate to freeze the recently unfrozen $6 billion in Iranian assets, following the attack on Israel by Hamas that killed thousands of cilivians.
Impact of Israel-Hamas war on economy not yet known: Janet Yellen
Treasury Secretary Janet Yellen says that it's too soon to tell what the impact of Israel's war against the Hamas terror group will have on the global economy.
Yellen says US can afford to support two wars: 'America stands behind Israel, period'
Treasury Secretary Janet Yellen said the U.S. can "absolutely" afford to provide military aid to Ukraine and Israel in their respective wars.
US sanctions two tanker owners for carrying Russian oil above price cap
The U.S. on Thursday imposed the first sanctions on owners of tankers carrying Russian oil above the G7 price cap of $60 a barrel, one based in Turkey and one in the UAE.
Yellen warns Iran nothing 'off the table' as US weighs new sanctions
Treasury Secretary Janet Yellen said the Biden administration could tighten its sanctions against Iran following the Hamas militant attacks on Israel.
Key Biden tax pledge for audits of people making under $400K nearly impossible: ‘Blew up the narrative’
Treasury recently released a report casting doubt on the IRS's ability to limit audits on those making over $400,000 per year, making a key Biden promise difficult
Yellen warns government shutdown would be 'dangerous and unnecessary'
Treasury Secretary Janet Yellen warned on Friday that the looming government shutdown could undermine U.S. economic progress and hurt American families.
GOP state AGs hit Biden Treasury 'net-zero financing' memo as backdoor regulation by 'green cabal'
Republican state AGs say Biden Treasury Dept. net-zero "principles" for private sector financing are “compulsion of the green cabal" that "fly in the face" of legal scrutiny.
Yellen says no sign of economic downturn, warns of consequences from government shutdown
Treasury Secretary Janet Yellen said that while she doesn't see signs of the U.S. economy entering a downturn, a possible government shutdown risks the economy losing momentum.
Janet Yellen doubles down on criticism of Fitch’s US credit downgrade
Treasury Secretary Janet Yellen said she strongly disagrees with Fitch's downgrade of the U.S. credit rating, arguing its assessment was flawed and based on outdated data.
Biden 'pushed America's credit rating off the ledge' with Fitch downgrade, GOP says
Top House Republicans are blaming President Joe Biden and his fiscal and spending policies for Fitch having downgraded the U.S. credit standing.
Yellen to give remarks on Biden's Inflation Reduction Act in Virgina
Treasury Secretary Janet Yellen is scheduled to give remarks today on Biden's Inflation Reduction Act. She previously remarked she does not believe a recession is on the horizon.
Fitch downgrades US' long-term ratings from 'AAA' to 'AA+'
Fitch Ratings said Tuesday it has downgraded the United States' long-term foreign-currency issuer default rating to "AA+" from "AAA," drawing pushback from Treasury Secretary Yellen.
China doesn’t want trade war with US but will retaliate against new restrictions, ambassador warns
The Chinese ambassador to the U.S. told Aspen Security Forum attendees on Wednesday that while China does not want a trade war with America, it will retaliate against additional curbs.
Yellen warns of 'negative spillover' from China's economic slowdown
Treasury Secretary Janet Yellen warned that China's economic slowdown risks "negative spillovers" into the U.S., but maintained a recession is unlikely.
IRS commissioner says agency rounded up $38M from over 175 high-income tax delinquents
Internal Revenue Service Commissioner Daniel Werfel told reporters in a Thursday phone call that the federal agency rounded up $38 million in delinquent taxes.
Yellen returns from Beijing, says US, China want to ‘stabilize’ relations
Treasury Secretary Janet Yellen recently visited China and said she believes that the U.S. and Beijing are ready to work together and "stabilize" their economic relationship.