Latest Janet Yellen News
Secret Service agent fired at suspects outside of Janet Yellen's house in Washington DC
WASHINGTON (AP) — An investigation is underway after a Secret Service agent working on protective assignment outside Treasury Secretary Janet Yellen's house fired a weapon following a confrontation between the agent and occupants of a sedan, early Tuesday. At roughly 1:30 a.m....
The biggest remaining unsanctioned Russian bank hit with U.S. sanctions, nearly three years into war
WASHINGTON (AP) — Russia's third largest bank, Gazprombank and its six foreign subsidiaries were hit with U.S. sanctions on Thursday — in a move intended to curtail Russia's ability to evade the thousands of sanctions imposed on the nation since the start of Russia's invasion of Ukraine in...
G7 allies are moving ahead with a $50 billion loan for Ukraine backed by frozen Russian funds
WASHINGTON (AP) — Ukraine will receive $50 billion in loans, backed by frozen Russian assets, from Group of Seven allies, the White House said Wednesday. Distribution of the money will begin by year's end, according to American officials who said the United States is providing $20 billion of the...
Yellen says isolationism 'made America and the world worse off' in speech to global finance leaders
WASHINGTON (AP) — Treasury Secretary Janet Yellen told world financial leaders Tuesday that the U.S. economy has grown stronger because the Biden administration rejected isolationism, offering a barely veiled criticism of former President Donald Trump’s policies two weeks before the U.S....
Treasury proposes rule to prevent large corporations from evading income taxes
WASHINGTON (AP) — The Biden administration on Thursday proposed a new rule that would require the largest U.S. companies to pay at least 15% of their profits in taxes. Treasury Department officials estimate that about 100 of the biggest corporations — those with at least $1...
