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 sees U.S. economy as very strong despite inflation – senior official
TOKYO – U.S. Treasury Secretary Janet Yellen will emphasize the strength of the U.S. economy despite high inflation and a 1.6% annualized drop in first quarter gross domestic product when she meets…
China calls virtual talks with Yellen ‘constructive’
BEIJING -Chinese Vice Premier Liu He had a “constructive” virtual dialogue with U.S. Treasury Secretary Janet Yellen on Tuesday, with both sides agreeing to better coordinate macro policies, according to China’s commerce…
Yellen raises concerns of China’s ‘unfair’ economic practices in call with Liu
WASHINGTON – U.S. Treasury Secretary Janet Yellen raised concerns about what the U.S. calls China’s “unfair, non-market” economic practices in a call with Chinese Vice Premier Liu He, the U.S. Treasury Department…
Yellen to participate in July 4 naturalization ceremony -Treasury
WASHINGTON – U.S. Treasury Secretary Janet Yellen on July 4 will participate in a U.S. Citizenship and Immigration Services (USCIS) naturalization ceremony for 52 people from 42 countries, including members of the…
Yellen says Biden not considering Canadian lumber for tariff relief
By David Lawder ROSEBUD, South Dakota – U.S. Treasury Secretary Janet Yellen said on Tuesday that President Joe Biden is not expected to cut U.S. tariffs on Canadian lumber as part of…
Yellen says gasoline tax holiday worth considering as anti-inflation tool
By David Lawder TORONTO – U.S. Treasury Secretary Janet Yellen said on Monday that a gasoline tax holiday should be considered as a way to address inflation, even if it is “not…
Yellen, Canada’s Freeland present united front on Ukraine, economic challenges
By David Lawder TORONTO – U.S. Treasury Secretary Janet Yellen met with Canadian Finance Minister Chrystia Freeland on Monday, pledging cooperation on issues ranging from sanctions against Russia to increasing energy production…
Countries would implement minimum corporate tax to avoid revenue loss, says Yellen
TORONTO – U.S. Treasury Secretary Janet Yellen said on Monday that once some countries start implementing a global minimum tax on multi-national companies, other countries with a lower corporate tax rate would…
Larry Summers Puts Janet Yellen On Blast For Dismissing Recession Fears
Larry Summers Puts Janet Yellen On Blast For Dismissing Recession Fears Harold Hutchison on June 13, 2022 Former Treasury Secretary Larry Summers criticized Treasury Secretary Janet Yellen on CNN Sunday after she…
‘Get Back In Your Lane’: Tucker Carlson Slams Yellen For Focus On Global Warming, Gun Crime Amid ‘Imploding’ Economy
‘Get Back In Your Lane’: Tucker Carlson Slams Yellen For Focus On Global Warming, Gun Crime Amid ‘Imploding’ Economy Harold Hutchison on June 8, 2022 Fox News host Tucker Carlson rebuked Treasury…
Yellen says some China tariff cuts may be warranted, not inflation ‘panacea’
By David Lawder WASHINGTON – U.S. Treasury Secretary Janet Yellen said on Wednesday the Biden administration was looking to “reconfigure” tariffs on Chinese imports but warned that such cuts would not be…
Yellen faces grilling in Congress over ‘wrong’ inflation forecast
By Andrea Shalal, Trevor Hunnicutt and David Lawder WASHINGTON – U.S. Treasury Secretary Janet Yellen faces a gauntlet of tough questions about how the Biden administration has handled the economy in Congress…
Yellen says G7 to give Ukraine funds it needs ‘to get through this’
By David Lawder KOENIGSWINTER, Germany – U.S. Treasury Secretary Janet Yellen said the G7 finance leaders on Thursday agreed to provide Ukraine the financial resources it needs in its struggle against Russia’s…
Yellen confirms she is pressing Biden for some China tariff reductions
By David Lawder BONN, Germany – U.S. Treasury Secretary Janet Yellen on Wednesday confirmed she is advocating within the Biden administration for eliminating some tariffs on Chinese imports that “aren’t very strategic”…
Treasury’s Yellen says U.S. committed to market-determined exchange rate
BONN, Germany – U.S. Treasury Secretary Janet Yellen said on Wednesday the United States was committed to a market-determined exchange rate, after being asked by reporters about recent strengthening of the dollar.…
U.S. unlikely to extend Russian debt payment licence, Treasury’s Yellen says
BONN, Germany – The United States is unlikely to extend a soon-to-expire licence that allows Russia to pay U.S. bondholders, Treasury Secretary Janet Yellen said on Wednesday, which could put Moscow closer…
China lockdowns impeding supply chain recovery, slowdown risks spillovers, Yellen says
BONN, Germany -U.S. Treasury Secretary Janet Yellen said on Wednesday that COVID-19 lockdowns in China appear to be impeding the flow of goods and hampering global supply chains and a broader slowdown…
EU to make significant contributions to Ukraine, other G7 members might too- Yellen
BRUSSELS – The European Union is likely to make significant financial contributions to keep Ukraine going, U.S. Treasury Secretary Janet Yellen said on Tuesday, adding she would look to G7 members like…
Yellen to meet Polish prime minister at start of trip to G7 finance meeting
By David Lawder WASHINGTON – U.S. Treasury Secretary Janet Yellen will meet with Polish Prime Minister Mateusz Morawiecki on Monday to discuss how Russia’s invasion of Ukraine affects Poland’s economy as part…
Polish PM says he will discuss global corporate tax with Yellen
WARSAW – Polish Prime Minister Mateusz Morawiecki said on Tuesday he would discuss global corporate tax with United States Treasury Secretary Janet Yellen when she visits Poland on Saturday. (Reporting by Alan…
Yellen urges development banks to mobilize private capital for G7 infrastructure push
By Andrea Shalal WASHINGTON – U.S. Treasury Secretary Janet Yellen urged the World Bank and other multilateral development lenders to accelerate infrastructure investments in emerging market countries as part of a concerted…
Yellen says U.S. economy being ‘resilient’, no recession in sight
WASHINGTON – U.S. Treasury Secretary Janet Yellen on Friday said the U.S. economy was proving “very resilient” in the face of a series of shocks, and she did not foresee it tipping…
Yellen says U.S. to give Ukraine another $500 million to keep government running
By David Lawder and Andrea Shalal WASHINGTON -The United States will give Ukraine another $500 million in to help its government continue critical government operations, doubling the $500 million aid pledge by…
Yellen urges World Bank to develop ‘clear and ambitious’ climate targets
WASHINGTON – U.S. Treasury Secretary Janet Yellen on Wednesday urged the World Bank to develop “clear and ambitious targets” for climate adaptation and the global energy transition, underscoring the importance of such…
Treasury’s Yellen, ECB’s Lagarde express disapproval to Russian official at G20 meeting
WASHINGTON – U.S. Treasury Secretary Janet Yellen and European Central Bank President Christine Lagarde expressed their displeasure at the in-person participation of a top Russian official in Wednesday’s meeting of G20 finance…
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