Yellen to meet US allies during IMF, World Bank meetings, press China on growth
By David Lawder WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen will meet with finance ministers from U.S. allies this week to discuss a number of key issues, including shoring up supply…
Yellen to discuss debt ceiling with bank lobby group – official
(Reuters) – U.S. Treasury Secretary Janet Yellen will discuss the impasse over raising the government debt ceiling with board members of the Bank Policy Institute lobby group next week, a senior Treasury…
Yellen says G7 members looking at how to counter China’s ‘economic coercion’
By Andrea Shalal NIIGATA, Japan (Reuters) – U.S. Treasury Secretary Janet Yellen on Thursday said many members of the Group of Seven advanced economies shared U.S. concerns about China’s use of “economic…
Yellen highlights common goals with Brazil on climate, development
By Andrea Shalal NIIGATA, Japan (Reuters) – U.S. Treasury Secretary Janet Yellen highlighted the fight against climate change and other goals shared by the United States and Brazil, in a meeting with…
Yellen, at G7, to underscore U.S. commitment to Ukraine for ‘as long as it takes’
By Andrea Shalal NIIGATA, Japan (Reuters) – Treasury Secretary Janet Yellen on Thursday will underscore the United States’ commitment to continue supporting Ukraine for as long as needed, while working with other…
Yellen heads to G7 with debt ceiling, bank crisis and tax woes in tow
By Andrea Shalal and David Lawder NIIGATA, Japan/WASHINGTON (Reuters) – Treasury Secretary Janet Yellen lands at Japan’s G7 finance meeting this week, with her ambitious economic agenda hijacked by a bitter partisan…
Yellen says ‘no good options’ if Congress fails to raise debt ceiling
By Andrea Shalal and David Lawder WASHINGTON (Reuters) – Treasury Secretary Janet Yellen said on Monday that a failure by Congress to raise the $31.4 trillion federal debt limit would cause a…
Yellen is calling CEOs personally to warn on US debt ceiling -sources
By Andrea Shalal WASHINGTON (Reuters) – Treasury Secretary Janet Yellen is reaching out to U.S. business and financial leaders to explain the “catastrophic” impact a U.S. default on its debt would have…
Yellen to travel to Japan for G7 finance ministers meeting
By Andrea Shalal WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen will travel to Niigata, Japan next week to participate in the Group of Seven (G7) finance ministers and central bank governors…
‘Disastrous’: Janet Yellen Warns Against Economically Decoupling From China
‘Disastrous’: Janet Yellen Warns Against Economically Decoupling From China Jason Cohen on April 20, 2023 The United States has no desire to economically decouple from China as it would have catastrophic consequences,…
Yellen wants more World Bank reforms in coming months, eyes subnational lending
By Andrea Shalal WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen said she is insisting that next steps in the World Bank’s evolution be taken in coming months, including potential changes to…
Yellen raps China for serving as ‘roadblock’ in debt restructuring process
By Andrea Shalal WASHINGTON (Reuters) – As the world’s largest official bilateral creditor, China should participate in meaningful debt relief for countries facing problems, but it has served for too long as…
Yellen: U.S. banking system remains sound
WASHINGTON (Reuters) – The U.S. banking system remains sound and the U.S. government will take “any necessary steps” to keep it the strongest and safest financial system in the world, U.S. Treasury…
Yellen to lay out U.S. economic priorities on China in Thursday speech
WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen on Thursday will lay out the Biden administration’s principal objectives for the U.S.-China economic relationship in a speech in Washington, the Treasury said on…
Yellen says not willing to allow contagious bank runs to develop
By David Lawder NEW HAVEN, Conn. (Reuters) – U.S. Treasury Secretary Janet Yellen on Monday said deposit outflows from small and medium-sized banks were diminishing, but she was watching the situation closely…
Yellen says U.S. bank rules may be too loose, need re-examination
By David Lawder WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen said on Thursday that banking regulation and supervisory rules need to be re-examined in the wake of the Silicon Valley Bank…
Treasury’s Yellen unveils international pact to boost legal entities’ transparency
WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen on Tuesday said she was launching a commitment between the United States and more than 20 foreign governments to create a registry of beneficial…
Janet Yellen Says Government Won’t Offer ‘Blanket Insurance’ Of Bank Deposits
Janet Yellen Says Government Won’t Offer ‘Blanket Insurance’ Of Bank Deposits Jason Cohen on March 22, 2023 Treasury Secretary Janet Yellen told lawmakers Wednesday that the Federal Deposit Insurance Corporation (FDIC) wouldn’t…
Yellen: FDIC estimate of $2.5 billion loss related to Signature Bank is not final determination
WASHINGTON (Reuters) – Treasury Secretary Janet Yellen said on Thursday the U.S. Federal Deposit Insurance Corporation’s (FDIC) estimation of a $2.5 billion loss related to Signature Bank was not a final determination.…
Yellen: Inflation likely to come down on lower supply chain pressures, shipping costs
WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen said on Thursday that supply chain pressures and shipping costs were coming down and were eventually likely to bring down inflation. She also said…
Marketmind: What Powell giveth, Yellen taketh
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. The Asian open on Thursday may hinge on which of the conflicting narratives thrown up…
Yellen says US banks shoring up liquidity to guard against runs
WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen said that banks across the United States are worried about contagion and have been shoring up liquidity to protect themselves from runs prompted by…
Janet Yellen Says More Bank Bailouts Could Be On The Horizon
Janet Yellen Says More Bank Bailouts Could Be On The Horizon Jason Cohen on March 21, 2023 Treasury Secretary Janet Yellen said in remarks Tuesday that regulators may ensure all deposits at…
After Collecting Millions From Wall Street, Janet Yellen Now Helps Decide Which Banks Get Bailouts
After Collecting Millions From Wall Street, Janet Yellen Now Helps Decide Which Banks Get Bailouts Jason Cohen on March 20, 2023 After raking in over $7 million in speaking fees from financial…
‘That’s A Lie’: GOP Senator Presses Janet Yellen On Plan To Pay For Social Security
‘That’s A Lie’: GOP Senator Presses Janet Yellen On Plan To Pay For Social Security John Hugh DeMastri on March 16, 2023 Republican Sen. Bill Cassidy of Louisiana accused the Biden administration…
Republican senator to Yellen in hearing: ‘That’s a lie’
WASHINGTON (Reuters) – A Republican senator accused Treasury Secretary Janet Yellen on Thursday of lying about whether President Joe Biden was willing to meet with Republicans to discuss Social Security, a break…
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