Janet Yellen

Politics

Lawmakers, Yellen mull freezing Russian gold reserves

A bipartisan group of senators is working with the Treasury Department to prevent Russia from liquidating its giant stash of gold, potentially blocking one of the Kremlin's last methods for circumventing punishing financial sanctions.

Economy

Yellen says Democrats can address debt ceiling via reconciliation if needed

Treasury Secretary Janet Yellen on Monday renewed her push for Congress to raise the debt ceiling before the U.S. government runs out of cash in early December, but she said Democrats should be willing to address the issue on their own if Republicans refuse to act in a bipartisan manner to avoid a first-ever debt default.