Latest Janet Yellen News

Guest lineups for the Sunday news shows

Jun. 14, 2024 18:39 PM EDT

WASHINGTON (AP) — ABC’s “This Week” — Treasury Secretary Janet Yellen; Sen. Tim Scott, R-S.C. ___ NBC's “Meet the Press” — Reps. Byron Donalds, R-Fla., and Ro Khanna, D-Calif. ___ CBS’ “Face the Nation" — Rep. Mike...

Yellen says China's trade policies could 'interfere significantly' with US bilateral relationship

Jun. 13, 2024 14:18 PM EDT

WASHINGTON (AP) — Treasury Secretary Janet Yellen says Chinese “overconcentrated supply chains” pose a threat to U.S. jobs and recent investments meant to build up the U.S. green energy sector, and the Asian superpower's pursuit of its trade policies "may interfere significantly with our...

IRS makes free tax return program permanent and is asking all states to join in 2025

May. 30, 2024 19:39 PM EDT

WASHINGTON (AP) — The IRS said Thursday it will make permanent the free electronic tax return filing system that it experimented with this year and is asking all 50 states and the District of Columbia to help taxpayers file their returns through the program in 2025. The IRS tried...

G7 officials make progress but no final deal on money for Ukraine from frozen Russian assets

May. 25, 2024 14:54 PM EDT

FRANKFURT, Germany (AP) — Finance officials from the Group of Seven rich democracies said they had moved toward agreement on a U.S. proposal to squeeze more money for Ukraine from Russian assets frozen in their countries. But the ministers left a final deal to be worked out ahead of a June summit...

US pushes for Ukraine aid, united front against China's trade practices at G7 finance meeting

May. 24, 2024 09:37 AM EDT

FRANKFURT, Germany (AP) — The U.S. sought to build support for squeezing more money for Ukraine out of frozen Russian assets and for uniting against China’s trade practices as finance ministers from the Group of Seven rich democracies opened a two-day meeting on Friday on the shores of northern...

With Ukraine losing ground, allies debate how to squeeze cash for Kyiv out of frozen Russian assets

May. 23, 2024 13:01 PM EDT

FRANKFURT, Germany (AP) — Ukraine's allies are wrestling with how to squeeze money out of frozen Russian assets to support Kyiv's war effort, a debate getting more urgent as Russia gains territory on the battlefield and as the outlook for Ukraine’s state finances looks shakier. ...

The US is now allowed to seize Russian state assets. How would that work?

May. 10, 2024 14:39 PM EDT

WASHINGTON (AP) — The big U.S. aid package for Ukraine and other allies that President Joe Biden signed Wednesday also allows the administration to seize Russian state assets located in the U.S. and use them for the benefit of Kyiv. That could mean another $5 billion in assistance...

Yellen says threats to democracy risk US economic growth, an indirect jab at Trump

May. 03, 2024 18:33 PM EDT

WASHINGTON (AP) — Treasury Secretary Janet Yellen argues that a fractured democracy can have destructive effects on the economy — an indirect jab at Donald Trump. Yellen delivered an address Friday in Arizona, using economic data to paint a picture of how disregard for America's...

About 4 in 10 Americans see China as an enemy, a Pew report shows. That's a five-year high

May. 02, 2024 09:41 AM EDT

WASHINGTON (AP) — About 4 in 10 Americans now label China as an enemy, up from a quarter two years ago and reaching the highest level in five years, according to an annual Pew Research Center survey released Wednesday. Half of Americans think of China as a competitor, and only 6%...

New US sanctions against Russia target weapons development, ban uranium imports for nuclear power

May. 01, 2024 16:48 PM EDT

WASHINGTON (AP) — The United States on Wednesday imposed new sanctions on hundreds of companies and people tied to Russia's weapons development program, more than a dozen Chinese entities accused of helping Moscow find workarounds to earlier penalties, and individuals linked to the death of...