Janet Yellen

The Treasury Department hired a former JPMorgan Chase executive to lead the agency's new program aimed at combating racial inequality issues in banking and other financial services industries.

Former Obama administration economic adviser Larry Summers fired back at Treasury Secretary Janet Yellen on Monday after she argued he was “wrong” to suggest the country faced a risk of out-of-control inflation.

FOX Business host Stuart Varney discusses the Democrats’ "desperation" to tax the rich

Treasury Secretary Janet Yellen said Wednesday that U.S. employers, particularly those in the service sector, may need to boost pay in order to combat a worsening labor shortage, but said rising wages are a good thing for American workers.

Treasury Secretary Janet Yellen told congressional leaders Monday she will extend extraordinary cash management measures to temporarily finance the U.S. government until Dec. 3, the new deadline for lawmakers to raise or suspend the debt ceiling or risk a first-ever default.

The Treasury Department on Thursday defended an incendiary proposal from President Biden to crack down on wealthy tax evaders by requiring banks to report more customer information on most Americans' accounts to the Internal Revenue Service.

Republicans say the treasury secretary's comments about the proposed IRS reporting requirement are technically correct but miss the point.

Treasury Secretary Janet Yellen continues to defend the Biden administration's proposed requirement for banks to report every transaction of $600 or more to the IRS, saying, "There's a lot of tax fraud and cheating that's going on."

World leaders struck a landmark deal last week to make it more difficult for multinational corporations to evade taxation and ensure big companies pay a minimum rate of 15%.

The Organisation for Economic Cooperation and Development on Friday announced a landmark agreement to overhaul international tax rules.

Ireland has agreed to join a groundbreaking international agreement for a global minimum tax rate on corporations around the world, sacrificing its prized low-tax policy that has attracted major multinationals including Apple, Facebook and Google.

Treasury Secretary Janet Yellen says the idea that the idea of minting a $1 trillion coin to avoid U.S. default is 'a gimmick' and she does not support it.

Treasury Secretary Janet Yellen said in a Tuesday interview on CNBC that a debt ceiling increase must happen, and refused to take the budget reconciliation process off the table to do it.

With the federal government days away from its first default in U.S. history, Treasury Secretary Janet Yellen argued Thursday that Congress should eliminate the borrowing limit entirely to prevent similar risks in the future.

Sen. Cynthia Lummis took Treasury Secretary Janet Yellen to task on Tuesday of the Biden administration's proposal that every bank transaction of $600 or more be reported to the IRS.

Treasury Secretary Janet Yellen told Congress that the Treasury would be unable to pay all of the government’s bills if lawmakers don’t raise the federal borrowing limit by Oct. 18.

The federal government may soon default on its financial obligations unless lawmakers raise or suspend the debt ceiling before the start of the next fiscal year on Oct. 1.

Former treasury secretaries urged congressional leaders to resolve an impasse over the nation's $28 trillion debt ceiling before October, warning there could be "detrimental" economic consequences if lawmakers fail to raise the nation's borrowing limit.

Treasury Secretary Janet Yellen renewed her call for Congress to raise or suspend the nation's debt before October, warning that failure to do so could trigger an unprecedented financial crisis in the U.S.

Senate Minority Leader Mitch McConnell rejected a request by Treasury Secretary Janet Yellen for Republicans to join Democrats and raise or suspend the debt ceiling before the federal government runs out of cash to pay its bills in October.