Secretary of the Air Force Frank Kendall disclosed this week that his service will not support development of a new engine to power its F-35A fighters. Instead, it will invest in upgrades to the exist...
Tag: Secretary
Silicon Valley Bank Bailout Ruled Out By Treasury Secretary Janet Yellen
Treasury Secretary Janet Yellen said Sunday that the federal government is not considering a bailout for Silicon Valley Bank, but is focused on addressing the needs of the failed bank’s depositors. Du...
US Treasury Secretary Rules Out Government Bailout of Silicon Valley Bank – Featured Bitcoin News
U.S. Treasury Secretary Janet Yellen has ruled out a government bailout of the collapsed Silicon Valley Bank (SVB), which was shut down by regulators on Friday. Yellen explained that the reforms put i...
Treasury Secretary Janet Yellen says U.S. government won’t bail out Silicon Valley Bank
Janet Yellen, US Treasury secretary, speaks during a Financial Stability Oversight Council (FSOC) meeting at the Treasury Department in Washington, DC, US, on Friday, Dec. 16, 2022. Ting Shen | Bloomb...
White House Will ‘Continue Monitoring’ Silvergate Bank Reports: Press Secretary
White House Press Secretary Karine Jean-Pierre has said that the White House is “aware of the situation” regarding troubled crypto bank Silvergate, and will “continue monitoring the reports.” “I...
Defense Secretary Lloyd Austin Makes Unannounced Visit To Iraq Nearly 20 Years After U.S.-Led Invasion
Topline Defense Secretary Lloyd Austin made an unannounced visit to the Iraqi capital of Baghdad on Tuesday, moving to bolster U.S. ties just days before the 20th anniversary of the U.S.-led invasion ...
White House ‘aware of’ stressed crypto friendly bank Silvergate, says press secretary Karine Jean-Pierre
Ad On March 6, White House Press Secretary Karine Jean-Pierre was pressed on whether the President was monitoring the evolving situation around the stressed crypto-friendly bank Silvergate. “We won’t ...
Secretary Of State Blinken Unexpectedly Meets With Russian Counterpart At G20 Meeting
Topline Secretary of State Anthony Blinken had an unscheduled meeting with Russian counterpart Sergey Lavrov on the sidelines of the G20 meeting in New Delhi, multiple outlets report, as tensions esca...
Treasury Secretary Janet Yellen Says US Working With Other Countries on Crypto Regulatory Framework: Report
Treasury Secretary Janet Yellen reportedly says the US government is joining hands with other nations to regulate crypto assets. Although the US has not proposed banning crypto, Yellen says it is crit...
U.S. Treasury Secretary sets the record straight on crypto – Cryptopolitan
In an interview with Reuters, U.S> Treasury Secretary Janet Yellen spoke about her views on cryptocurrencies, stating that she did not believe that they posed a systemic risk to the financial syste...
Web3 a ‘Golden Opportunity’ for Hong Kong: Finance Secretary
Hong Kong will form a task force bringing together policymakers, regulators, and crypto industry players to set the agenda for its Web3 ambitions, a senior government minister has said. As part of a b...
Marty Walsh Steps Down As Biden’s Labor Secretary To Join NHL Players Association
Topline The National Hockey League Players’ Association named Labor Secretary Marty Walsh as its new executive director Thursday afternoon, ending the former Boston mayor’s two-year stint in the Biden...
China ‘Stakes Couldn’t Be Higher’, Deputy Secretary Of State Warns Senate
In this photo provided by Chad Fish, the remnants of a large balloon drift above the Atlantic Ocean, … [+] just off the coast of South Carolina, with a fighter jet and its contrail seen below it...
Biden Labor Secretary Marty Walsh to become NHL union head
Labor Secretary Marty Walsh listens as U.S. President Joe Biden speaks during an event in the Rose Garden of the White House September 15, 2022 in Washington, DC. Anna Moneymaker | Getty Images Labor ...
Labor Secretary Marty Walsh Plans To Leave Biden Administration For NHL Union Job
Topline Marty Walsh will leave his post as labor secretary for a job running the National Hockey League Players’ Association, sources told multiple news outlets Tuesday, marking the first cabinet offi...
It’s A Spy Balloon, Defense Secretary Says, Disputing China’s ‘Civilian Airship’ Claim
Topline Defense Press Secretary Pat Ryder said the federal government is certain the Chinese object traversing U.S. airspace is a “surveillance balloon,” he said Friday in response to the Chinese gove...
Treasury Secretary Yellen Urges Swift Action to Increase Spending Limit, Avert Default on US Obligations – Economics Bitcoin News
Janet Yellen, the U.S. secretary of the Treasury, sent a letter to Congress on Friday urging lawmakers to increase the spending limit. Yellen stressed that the country would reach its statutory debt l...
Texas Republican Files Articles Of Impeachment Against DHS Secretary Alejandro Mayorkas
Topline Rep. Pat Fallon (R-Tx.) filed articles of impeachment against Homeland Security Secretary Alejandro Mayorkas on Monday, making good on Republicans’ promise to begin the long-shot process for r...
Hong Kong’s financial secretary stresses pro-crypto views
Hong Kong Financial Secretary Paul Chan, while speaking at a web3 forum, doubled down on the possibility of the city becoming a major crypto hub for all kinds of crypto startups and fintech in 2023. ...
Energy Secretary Sees Huge Economic Opportunities In Energy Security, Including For Diverse Small Businesses
“The ecosystem around being energy secure is a jobs ecosystem. We’re going to create a million jobs by 2030 in the United States in this energy space because of the Inflation Reduction Act,” Sec...
2023 Will See Lower Inflation Rates, Predicts US Treasury Secretary
This year, the Fed has been relentless in hiking the interest rates in response to rising inflation. Since interest rates are the principal weapon used by the Federal Reserve (the central bank of the ...
US Treasury Secretary Yellen refers to FTX failure to “Lehman moment” for crypto
Ms. Yellen, in her remarks at the New York Times DealBook summit, referred to cryptocurrencies as “hazardous assets” and expressed gratitude that the recent volatility in the cryptocurrency market had...
U.S. Commerce Secretary To Attend Ceremony At TSMC’s New $12 Billion Chip Plant In Arizona On Dec. 6; Biden Invited
Katherine Tai, US trade representative, right, shakes hands with Morris Chang, founder of Taiwan … [+] Semiconductor Manufacturing Company (TSMC), at the Asia-Pacific Economic Cooperation (APEC)...
Hong Kong Financial Secretary Calls for Stronger Supervision on Crypto
Recent collapse of the Bahamian crypto exchange FTX as it went on to file for bankruptcy has started creating ripple effects. FTX bankruptcy-like instances deepen the skepticism towards the whole cryp...
The United States Secretary Of State Reacted To The Country’s Inflation
The economically leading nations held a G20 meeting recently. In that meeting Janet Yellen shared her thoughts on how to avoid inflation in the country. And the US president, Joe Biden, reacted to the...
FTX Meltdown Is Crypto Industry’s Version of Enron Implosion, According to Former US Treasury Secretary
Former US Treasury Secretary Larry Summers thinks the recent meltdown of crypto derivatives exchange FTX is a lot like the Enron scandal. In a new interview with Bloomberg, the famous American economi...
Hong Kong finance secretary to uphold crypto transparency to avoid FTX-like situations – crypto.news
Today, the finance secretary of Hong Kong, Paul Chan, has highlighted an essential play in maintaining supervision and transparency on the impediments imposed in the cryptocurrency ecosystem. Accordin...
US Treasury Secretary and Indian Finance Minister Discuss Crypto Regulation – Regulation Bitcoin News
U.S. Treasury Secretary Janet Yellen and Indian Finance Minister Nirmala Sitharaman discussed crypto regulation during the ninth India-U.S. Economic and Financial Partnership meeting. They stressed th...
Former US Treasury Secretary Larry Summers Compares FTX Collapse to Enron Fraud – Regulation Bitcoin News
Former U.S. Treasury Secretary Lawrence Summers has compared crypto exchange FTX to Enron, noting that the case is a classic fraud rather than the complexities of cryptocurrency regulation. He said th...
Treasury Secretary Janet Yellen Warns Gas Prices Could Spike This Winter — Says ‘It’s a Risk’
Since breaking a record in June, the average gas price in the US has been steadily declining, bringing some much-needed relief while inflation stays close to 40-year highs. However, if crude prices i...