Latest Janet Yellen News
Yellen announces efforts to boost the housing supply as high prices create a crunch
WASHINGTON (AP) — The Biden administration announced new steps to increase access to affordable housing as still-high prices on groceries and other necessities and high interest rates have dramatically pushed up the cost of living in the post-pandemic years. Treasury Secretary...
In Atlanta to promote fentanyl actions, Yellen announces sanctions against Mexican cartel
WASHINGTON (AP) — In Atlanta to promote the Biden administration's efforts to quell the import of illegal drugs into the U.S., Treasury Secretary Janet Yellen announced new sanctions against members of a Mexican drug cartel accused of trafficking fentanyl, cocaine, meth and migrants through the...
Guest lineups for the Sunday news shows
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
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
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
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
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
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?
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
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...
