Latest Janet Yellen News
U.S. sanctions officials from Afghanistan to China on declaration of human rights anniversary
WASHINGTON (AP) — Ahead of the 75th anniversary of the Universal Declaration of Human Rights, the U.S. on Friday imposed sanctions on 20 people, from Afghanistan to China to Haiti to Iran, accused of violating human rights in their respective nations. Included in the sanctions are...
New US-Mexico agreement to monitor foreign investments comes as more Chinese money flows into Mexico
MEXICO CITY (AP) — As more Chinese money flows into Mexico, the United States and Mexico on Thursday agreed to monitor foreign investments and regularly share information about the screening process. The U.S. is becoming “more deeply integrated with Mexico,” Treasury Secretary...
In Mexico, Yellen announces economics sanctions as the US aims to crack down on fentanyl trafficking
WASHINGTON (AP) — Treasury Secretary Janet Yellen on Wednesday announced economic sanctions against 15 people and two companies that the United States says are linked to a Mexican drug cartel as she visited Mexico City for talks with officials about efforts to fight fentanyl trafficking. ...
Janet Yellen is heading to Mexico after Treasury launches a new fentanyl trafficking strike force
WASHINGTON (AP) — Treasury Secretary Janet Yellen is heading to Mexico this week to promote her agency's new strike force to help combat illicit fentanyl trafficking as the U.S. and China step up efforts to stop the movement of the powerful opioid and drug-making materials into the United States....
Regulators and law enforcement crack down on crypto's bad actors. Congress has yet to take action
WASHINGTON (AP) — While the scandals in the cryptocurrency industry seem to never end, Washington policymakers appear to have little interest in pushing through legislation to codify the structure of the industry. The latest shoe to drop is Binance’s multibillion dollar...
India in G20 summit welcomes Israel-Hamas cease-fire, urges action on climate, other issues
NEW DELHI (AP) — India’s Prime Minister Narendra Modi on Wednesday welcomed a cease-fire in Gaza that's expected to enable the release of dozens of hostages taken by Hamas, and urged leaders of the top rich and developing nations to work together to ensure the Israel-Hamas war doesn't expand. ...
Largest crypto exchange Binance fined $4 billion, CEO pleads guilty to not stopping money laundering
WASHINGTON (AP) — The U.S. government dealt a massive blow to Binance, the world’s largest cryptocurrency exchange, which agreed to pay a roughly $4 billion settlement Tuesday as its founder and CEO Changpeng Zhao pleaded guilty to a felony related to his failure to prevent money laundering on...
Taiwan's participation at APEC forum offers a rare chance to break China's bonds
TAIPEI, Taiwan (AP) — Taiwan will take part in the Asia-Pacific Economic Cooperation forum in San Francisco this week, a rare opportunity for the self-governing island democracy of 23 million people and its high-tech economy to break the diplomatic embargo on it imposed by authoritarian China. ...
Biden says his goal for Xi meeting is to get US-China communications back to 'normal'
SAN FRANCISCO (AP) — President Joe Biden and China's Xi Jinping swept into San Francisco on Tuesday as the two leaders made their final preparations for their first engagement in a year at a historic estate outside of the city. Biden expressed hope that the talks would help put a...
A third round of US sanctions against Hamas focuses on money transfers from Iran to Gaza
WASHINGTON (AP) — The United States on Tuesday said it imposed a third round of sanctions on a group of Hamas officials, members of the Palestinian Islamic Jihad who work to transfer money from Iran to Gaza, and a Lebanese money exchange service that facilitates the transfers. The...
