US unveils fresh sanctions on Russia targeting defense companies, hundreds of lawmakers
The United States on Thursday announced a raft of new financial sanctions on Russian lawmakers and defense companies, further ratcheting up financial pressure on Moscow over its invasion of Ukraine.
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.
Treasury Sec. Yellen contradicts Psaki: Likely to see another year of 'very uncomfortable' inflation
Treasury Secretary Janet Yellen appeared to contradict the White House in a Thursday interview after saying that she expects another year of “uncomfortably high” inflation.
Yellen says US will address potential gaps in Russia sanctions
The United States will address potential gaps in tough sanctions imposed on Russia over its invasion of Ukraine, U.S. Treasury Secretary Janet Yellen said on Wednesday, adding the measures would "continue to bite."
Yellen says G7 to ramp up financial pressure on Russia over ‘brutal invasion’ of Ukraine
U.S. Treasury Secretary Janet Yellen on Tuesday said the Group of Seven nations will convene a task force that will focus on freezing and seizing the assets of key Russian elites to hold Russia accountable for their “brutal invasion” of Ukraine.
Yellen threw gasoline into ‘inflation fire’: Former White House economist
Former Chairman of the Council of Economic Advisers Kevin Hassett joined “Mornings with Maria,” Wednesday, arguing that Treasury Secretary Janet Yellen threw gasoline into the “inflation fire” and discussed Yellen rebranding Biden’s economic agenda as “modern supply-side economics.”
On MLK Day, Yellen says US economy 'has never worked fairly' for Black Americans
The U.S. economy has "never worked fairly" for Black Americans or any person of color, Treasury Secretary Janet Yellen said in a Monday speech, joining a cadre of national leaders who used Martin Luther King Jr. Day to acknowledge racial inequalities in the country.
Yellen rolls out new 'kleptocracy fund' targeting corrupt foreign leaders
Treasury Secretary Janet Yellen on Thursday said the U.S. needs to play a leading role in combating corruption in the global financial system, unveiling a new "kleptocracy fund" to reward tips on where corrupt foreign leaders stash their money in the U.S.
Jobs report, Yellen Powell CARES Act hearing, Dollar General earnings top week ahead
FOX Business takes a look at the upcoming events that are likely to move financial markets in the coming days.
Yellen warns federal debt ceiling will be reached by Dec. 15
Treasury Secretary Janet Yellen informed lawmakers Tuesday the federal government will reach its debt ceiling by Dec. 15, setting a timeline for what is expected to be a heated debate in Congress over raising the limit.
Yellen ties end of inflation with 'successful' response to COVID pandemic
Treasury Secretary Janet Yellen on Sunday claimed that the end of inflation will depend on the pandemic and whether there is a “successful” response to COVID-19 by the Biden Administration.
Yellen admits labor participation 'quite depressed' compared to pre-pandemic levels
U.S. Treasury Secretary Janet Yellen has admitted that labor force participation is "quite depressed" compared to pre-pandemic levels, blaming COVID-19 for the issue.
Varney: Today’s inflation means trouble is coming
FOX Business host Stuart Varney on inflation spiking as Congress aims to pass large spending bills.
Laffer warns of developing inflation pattern similar to the '70s - and it doesn't look good for Biden, he says
Former Reagan Economist Art Laffer discusses the Biden administration’s handling of inflation as U.S. sees supply chain crunch
Yellen: Federal Reserve won't allow inflation to reach 1970s levels
Treasury Secretary Janet Yellen downplayed concerns Tuesday that inflation could spike to levels seen during an economic downturn in the 1970s, asserting that the Federal Reserve would act before a surge of that magnitude could occur.
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.
Biden working with G20 leaders to 'create a cartel' to 'keep business taxes high,' conservative critic says
President Biden and other world leaders at the G20 Summit in Rome endorsed a global minimum tax on corporations.
Treasury Secretary Janet Yellen's inflation U-turn
Treasury Secretary Janet Yellen's inflation views keep changing.
Yellen insists Biden's $1.75T spending bill will tamp down rising inflation
Treasury Secretary Janet Yellen predicted on Friday that a nearly $2 trillion White House spending initiative will help lower rising inflation amid concerns that another burst of government spending will act as an accelerant to already rapidly rising consumer prices.
Biden team deploys Yellen to sell Democrats' economic agenda
The Biden administration is dispatching Treasury Secretary Janet Yellen to pitch White House spending initiatives and quell growing public unrest about the state of the U.S. economic recovery from the coronavirus pandemic.