United States Secretary of the Treasury since 2021
U.S., China to hold more financial shock exercises, Treasury officials say: The U.S. and China are deepening cooperation on financial stability issues, U.S ...
reuters.com/business/finance/us-china-hold-more-financial-shock-exercises-treasury-officials-say-2024-04-08/
Janet Yellen: The internet is obsessed with what she eats in China: Ever since she ate mushrooms that can have psychedelic effects in Beijing last July ...
apnews.com/article/yellen-china-us-food-beijing-f4cd5106eb5458ed390d903266e4eb35
Quick Glance: China and U.S. to Engage in Intensive Talks on Economic Balance
- US Treasury Secretary Janet Yellen announced intensive talks with China to address America's competitive disadvantages.
- Both sides will engage in intensive discussions on balanced economic growth and initiate exchanges on combating money laundering.
- Yellen emphasized the importance of addressing American concerns regarding overcapacity in Chinese production.
- The meetings will be held under existing economic and financial working group frameworks to address balanced growth and money laundering.
Yellen Says Moderation in Housing-Cost Gains to Help Lower US Inflation: Treasury Secretary Janet Yellen said she expects a moderation in the rise of housing ...
bloomberg.com/news/articles/2024-03-13/yellen-says-flattening-rents-to-deliver-more-us-inflation-relief
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Treasury Secretary Janet Yellen says 2024 is going to be a 'very good' year for the economy
abcnews.go.com/Politics/treasury-secretary-janet-yellen-2024-good-year-economy/story
Quick Glance: Yellen Highlights Biden's Economic Policies Over Trump's
- Yellen emphasizes Biden's fair economic recovery compared to Trump's policies
- Improvement in economic signals due to Biden's infrastructure and clean energy investments
- Biden plans tax reform to tax wealthy individuals and corporations more
- Yellen says Trump's tax cuts favored the wealthy and corporations but did not lead to investments
How Much Will Commercial Property Crisis Cost Banks?: The crisis in commercial property varies from street to street as much as it does among lenders.
bloomberg.com/opinion/articles/2024-02-15/how-much-will-commercial-property-crisis-cost-banks
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Fitch smacks Biden for out-of-control spending: Fitch also rattled the happy talk from Biden’s economic team by projecting a mild recession.
thehill.com/opinion/finance/4135471-fitch-smacks-biden-for-out-of-control-spending/
Quick Glance: Historic Credit Rating Downgrade Causes Stocks to Fall
- US markets fell on Wednesday following the downgrade of US debt from AAA to AA+ by Fitch.
- JPMorgan Chase CEO Jamie Dimon called Fitch's downgrade of US debt "ridiculous".
- Janet Yellen criticizes Fitch's downgrade of US debt.
- Fitch's downgrade is unlikely to impact the status of Treasuries as a safe asset.
Fitch downgrades US credit rating from AAA to AA+: The rating agency said it had noted a "steady deterioration" in governance over the last 20 years.
bbc.com/news/business-66379366
Quick Glance: US credit rating downgraded to AA+
- Fitch, an independent agency, lowered the credit rating from AAA to AA+.
- Fitch observed a consistent decline in governance over the past 20 years.
- US Treasury Secretary Janet Yellen criticized the downgrade as "arbitrary".
- Yellen expressed "strong" disagreement with Fitch's decision.
Janet Yellen: Fitch’s downgrading of US credit grade ‘arbitrary’: Credit grader cut the US from AAA to AA+, citing ballooning fiscal deficits and debt limit ...
businesspost.ie/article/janet-yellen-fitchs-downgrading-of-us-credit-grade-arbitrary/
Paid articlePaid Five Things You Need to Know to Start Your Day: China growth downgrades. Evergrande losses. High-profile exits
bloomberg.com/news/newsletters/2023-07-17/five-things-you-need-to-know-to-start-your-day-lk7hqjq2
Quick Glance: China's Economy Loses Momentum in Q2
- The challenges faced by the world's second-largest economy will increase global growth pressure and intensify calls for additional stimulus measures from Beijing, more than six months after China eased strict Covid-19 controls.
- In the second quarter, the economy grew by 6.3 percent year-on-year due to a low-base effect from last year when major cities like Shanghai were under extended lockdown.
- The Reuters poll had predicted a growth rate of 7.3 percent.
Yellen says pressures remain on some U.S. regional bank stocks but system sound: U.S. Treasury Secretary Janet Yellen said on Monday that some regional bank ...
reuters.com/business/yellen-says-pressures-remain-some-us-regional-bank-stocks-system-sound-2023-05-08/
When is a default not a default?: When it comes to the debt ceiling, it's not exactly crystal clear.
axios.com/2023/05/15/when-a-default-is-not-a-default
Yellen doubles down on June deadline to avoid US debt default: Treasury Secretary Janet Yellen warned the U.S. could default on its financial obligations by ...
foxbusiness.com/economy/yellen-doubles-down-june-deadline-avoid-us-debt-default
Quick Glance: McCarthy and Biden Have 'Productive' Debt Ceiling Talks - But No Agreement Despite Looming Default
- President Joe Biden and House Speaker Kevin McCarthy (R-Calif.) both described their Monday evening meeting to discuss raising the debt ceiling as 'productive' - but differences between the two leaders still exist as a June 1 deadline to avert a federal default gets closer.
- McCarthy said the tone of the meeting was better than any previous negotiation, but he did not hear anything from the president indicating that the two had reached common ground beyond their shared desire to strike a deal.
- According to McCarthy, there are no Pentagon cuts or tax increases on the table, two areas where potential disagreements with the White House could arise. McCarthy added that he opposes a short-term debt ceiling increase.
- Treasury Secretary Janet Yellen reaffirmed on Sunday that June 1 is a hard deadline for the federal government to raise the debt ceiling before it is no longer able to pay its bills. A default on federal obligations would jeopardize the fulfillment of federal commitments and most experts believe it would be economically disastrous.
Jay Powell and Janet Yellen struggle to calm nerves in banking crisis: Policymakers have been criticised by some for not sending clear enough message after ...
ft.com/content/a4ed406e-d0ba-4027-8029-700e94393ac8
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US regulators seek buyer for SVB as government rejects bailout: FDIC holds auction to buy tech lender as Washington promises policies to stem fallout from its ...
ft.com/content/6a77d81b-7376-4ccf-80a2-3336af04d04b
Paid articlePaid Yellen vows to safeguard deposits at smaller U.S. banks, intervene if needed: U.S. Treasury Secretary Janet Yellen told bankers on Tuesday that she is prepared ...
reuters.com/markets/us/treasurys-yellen-says-committed-protecting-bank-deposits-more-actions-may-be-2023-03-21/
Your Evening Briefing: Three Years of the Covid-19 Pandemic: Get caught up.
bloomberg.com/news/newsletters/2023-03-10/bloomberg-evening-briefing-three-years-of-the-covid-19-pandemic
Stocks waver over worries about Deutsche Bank, other banks: NEW YORK (AP) — Stocks are wavering on Wall Street Friday amid worries about banks on both sides of ...
apnews.com/article/shares-stocks-market-yellen-banks-e9bbcd70b85319fee36bab605bb34d03
Yellen Confronts Russian Officials at G20 Meeting: In a private session, Treasury Secretary Janet L. Yellen said the Russians were “complicit in Putin’s ...
nytimes.com/2023/02/24/world/europe/yellen-confronts-russian-officials-at-g20-meeting.html
Quick Glance: The United States Will Present a "Well Qualified Candidate" to Lead the World Bank: Janet Yellen
- Janet Yellen, the US Treasury Secretary, did not name any candidates. (File
- On Thursday, US Treasury Secretary Janet L. Yellen stated that her country intends to quickly nominate a well-qualified candidate to lead the World Bank.
- "We appreciate the opening of nominations by the World Bank Executive Board and we believe it is important that there be a transparent, merit-based and swift nomination process for the next World Bank President," Yellen said in response to a question at a press conference here.
Stocks rallied Tuesday, led by the banks most beaten down by the industry's crisis, and some of Wall Street's fear washed out on hopes the U.S ... Show more http://www.koreatimes.co.kr/www/world/2023/03/501_347554.html?utm_source=fa
Yellen says no SVB bailout, but feds are working to prevent bank 'contagion': Treasury secretary says she and regulators have been ‘working all weekend’ to find ...
marketwatch.com/story/as-silicon-valley-bank-concerns-grow-yellen-says-she-has-been-working-all-weekend-with-our-banking-regulators-to-design-appropriate-policies-to-address-depositors-c52d523d
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Treasury Secretary Yellen and China's Liu He talk U.S. tech policy at their first in-person meeting
cnbc.com/2023/01/19/yellen-and-chinas-liu-he-talk-us-tech-policy-at-in-person-meeting.html
Yellen visits Zambian farm to showcase Africa's ag potential: CHONGWE, Zambia (AP) — U.S. Treasury Secretary Janet Yellen traveled from a small farm on a rural ...
apnews.com/article/janet-yellen-africa-zambia-431bc12fc2310f3593f1cfd7a9ce9882
Quick Glance: Yellen calls for immediate action to improve food security and climate resilience in Africa.
- "This project shows how our countries can partner to address two of the most critical issues facing Zambia and the world: food security and climate adaptation," said Yellen, the first Cabinet-level United States official to visit Zambia in a decade.
- Since the start of the war, the number of people facing acute food insecurity has risen to 345 million in 80 countries, with about 2 million in Zambia alone, according to Yellen.
- Zambia's maize production, according to Yellen, has the potential to transform the country into a regional food hub.
Yellen 'open' to visiting China, will seek deeper economic engagement: U.S. Treasury Secretary Janet Yellen on Thursday said she was "open" to visit China as she ...
reuters.com/world/yellen-open-visiting-china-will-seek-deeper-economic-engagement-2022-12-08/
Yellen to seek clarity from China on COVID, property -officials: U.S. Treasury Secretary Janet Yellen will seek clarity on China's plans to ease its COVID-19 ...
reuters.com/world/china/yellen-seek-clarity-china-covid-property-officials-2022-11-13/
Yellen holds wide-ranging talks with China c.bank governor at G20 summit: U.S. Treasury Secretary Janet Yellen met China's central bank Governor Yi Gang on ...
reuters.com/world/yellen-meet-china-central-bank-governor-italys-finance-chief-g20-summit-2022-11-16/
Yellen Encourages Vaccinations in China as Covid Restrictions Slow Growth: With China’s strict pandemic policies stalling the economy at home and globally ...
nytimes.com/2022/11/14/world/asia/yellen-china-covid-vaccinations.html
Harris, Yellen focus on community finance at Freedman Forum: WASHINGTON (AP) — Vice President Kamala Harris and Treasury Secretary Janet Yellen plan to use this ...
apnews.com/article/health-business-kamala-harris-covid-janet-yellen-0caa72b0cbf0820ffe440991bf079a51
U.S. Treasury official criticizes China's 'unconventional' debt practices: A top adviser to U.S. Treasury Secretary Janet Yellen warned on Tuesday that China's ...
reuters.com/markets/asia/exclusive-us-treasury-official-criticizes-chinas-unconventional-debt-practices-2022-09-20/
Ukraine negotiating $1.5 billion U.S. loan for gas, prime minister says: Ukraine is negotiating for a $1.5 billion loan tranche from the U.S ...
reuters.com/world/europe/ukraine-negotiating-15-billion-us-loan-gas-prime-minister-2022-09-10/
Yellen calls out China trade practices in South Korea visit: WASHINGTON (AP) — Treasury Secretary Janet Yellen said the U.S. and South Korea should deepen their ...
apnews.com/article/russia-ukraine-technology-china-japan-6b9371e65e42674d113b3a27e937b82c
Quick Glance: Janet Yellen urges for global trade diversification away from "unfair" China
- Yellen criticizes China's trade practices.
- Treasury Secretary Janet Yellen speaks during a lunch meeting with female entrepreneurs in Seoul, South Korea on July 19, 2022.
- Treasury Secretary Janet Yellen advocated for the modernization of global trading methods on Tuesday in order to be less reliant on countries like China for products, claiming that the current system has "benefited enormously" from it.
- The United States and South Korea "share a common goal of a free and open Indo-Pacific," according to Yellen.
Yellen Calls Out China Trade Practices in South Korea Visit: Treasury Secretary Janet Yellen says US and South Korea should deepen their trade ties to avoid ...
voanews.com/a/yellen-calls-out-china-trade-practices-in-south-korea-visit/6663932.html
Yellen to Russian minister: You share responsibility for innocent lives lost: Yellen criticized Russia over the atrocities committed in Ukraine and the war’s ...
washingtonpost.com/us-policy/2022/07/14/yellen-russian-minister-you-share-responsibility-innocent-lives-lost/
US, Japan vow joint efforts on Ukraine, trade, food crisis: TOKYO (AP) — U.S. Treasury Secretary Janet Yellen and Japan’s finance minister agreed Tuesday to ...
apnews.com/article/russia-ukraine-japan-indonesia-tokyo-089d2563834eb72f5939be5fcadb3fad
US wants to reduce dependency on China for rare earths: During her trip to South Korea, Treasury Secretary Janet Yellen warns that China could exploit ...
faz.net/aktuell/wirtschaft/usa-wollen-abhaengigkeit-von-china-bei-seltenen-erden-verringern-18181234.html
Yellen urges less dependence on other nations for key supplies, urges ‘friendly shoring’
fortune.com/2022/06/20/yellen-urges-less-dependence-on-other-nations-for-key-supplies-urges-friendly-shoring/
Ukraine war: US and allies mulling Russian oil price cap, Treasury chief Janet Yellen says
scmp.com/news/world/russia-central-asia/article/3182443/ukraine-war-us-and-allies-mulling-russian-oil-price
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