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...
Tag: Yellen
Treasury Sec Janet Yellen Says No Government Bailout for Silicon Valley Bank
While many are concerned about what the aftermath of the collapse of Silicon Valley Bank will be in the next couple of weeks and months, Treasury Sec Janet Yellen seems unfazed. United States Treasury...
Silicon Valley Bank Willl Not Get a Bailout Confirms Janet Yellen
According to Reuters, U.S. Treasury Secretary Janet Yellen confirmed that the failed Silicon Valley Bank (SVB) would get help from the government but ruled out a bailout for the bank. Reacting to call...
Yellen says no government bailout while FDIC auctions SVB assets. Final bids due end of Sunday.
Silicon Valley Bank will not get a government bailout, Treasury Secretary Janet Yellen said on the news program Face the Nation Sunday. The tech industry-driven bank was shut down by regulators ...
Yellen Works with Regulators to Address Silicon Valley Bank Collapse
On March 10, 2023, California’s financial watchdog shut down Silicon Valley Bank (SVB) following an announcement of a significant sale of assets and stocks to raise $2.25 billion in capital to s...
As Silicon Valley Bank concerns grow, Yellen says she has been ‘working all weekend with our banking regulators to design appropriate policies’ to address depositors
“‘I’ve been working all weekend with our banking regulators to design appropriate policies to address the situation.’” — Treasury Secretary Janet Yellen That is Treasury Secretary Janet Yellen, speaki...
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...
Yellen Rules Out Bailout For Silicon Valley Bank
Topline The federal government will not bail out the “investors and owners” of Silicon Valley Bank, Treasury Secretary Janet Yellen said Sunday on Face The Nation, saying the situation is different fr...
U.S. Treasury Janet Yellen working on SVB collapse, not at bailout: Report
United States Treasury Secretary Janet Yellen is reportedly working with regulators to address Silicon Valley Bank collapse and protect investors, but not considering a major bailout. Yellen made the ...
Yellen says no federal bailout for Silicon Valley Bank
WILMINGTON, Del. (AP) — Treasury Secretary Janet Yellen said Sunday that the federal government would not bail out Silicon Valley Bank, but is working to help depositors who are concerned about their ...
Yellen Makes Surprise Visit To Ukraine To Discuss $10 Billion Aid Package
Topline U.S. Treasury Secretary Janet Yellen made an unexpected trip to Ukraine on Monday, a week after President Joe Biden’s historic visit to Kyiv, as the agency Yellen leads is set to implement new...
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...
Janet Yellen at G20: we don’t want ban crypto
Yesterday there was a false rumor circulating that at the ongoing G20 in Bangalore, India, they were discussing a possible ban on crypto. Disproving this speculation was U.S. Treasury Secretary and fo...
Janet Yellen Says ‘Critical’ to Establish Strong Crypto Regulation — ‘We Haven’t Suggested Outright Banning’ – Regulation Bitcoin News
U.S. Treasury Secretary Janet Yellen says “it is critical to put in place a strong regulatory framework” for crypto on the sidelines of the G20 meeting for finance ministers and central bank governors...
U.S. Treasury Janet Yellen calls for ‘strong regulatory framework’ for crypto activities
United States Treasury Secretary Janet Yellen stressed the importance of implementing a strong regulatory framework for cryptocurrencies during a G20 meeting on Feb. 25. Speaking to Reuters, Yellen s...
Janet Yellen Warns of “Extraordinary Measures” to Save Economy. What Does This Mean for BTC?
Bitcoin, Ethereum, and several other forms of crypto have been enjoying something of a rally over the past few weeks. These assets, along with many others, have enjoyed easing market conditions that h...
Yellen Downplays Recession Fears After U.S. Unemployment Reaches 54-Year Low
Topline U.S. Treasury Secretary Janet Yellen expressed confidence the U.S. can avoid a recession after adding more than 500,000 jobs in January that brought unemployment to a 54-year low, –despite a r...
Janet Yellen, Elon Musk Sound Alarm On 2023 Recession: High-Interest Rates To Blame?
The cryptocurrency had a difficult year in 2022, and it looks like 2023 won’t be any better. There are numerous well-known analysts and leaders issuing recessionary warnings. Here are the people who h...
Janet Yellen, Elon Musk Warns Severe Recession, Will Crypto Crash Again?
U.S. Treasury Secretary Janet Yellen and business magnate Elon Musk warn the U.S. economy is at risk of a severe recession. Despite recent inflation and jobs data indicating less probability of a rece...
Crypto skeptic Janet Yellen dismisses $1 trillion coin as a gimmick
Unfortunately, crypto’s hyperinflationist prognosticators got another prediction wrong. No, the Treasury Secretary will not be instructing the US Mint to forge a $1 trillion coin. During an interview ...
Yellen Sees Success in Extending Russia Price Cap, Despite Risks
(Bloomberg) — US Treasury Secretary Janet Yellen expressed confidence that restrictions on Russian sales of crude oil can be expanded to refined petroleum products in February, while acknowledgi...
Yellen Says U.S. Expected to Hit Debt Limit Next Thursday
Treasury Secretary Janet Yellen told U.S. lawmakers the federal government was projected to reach its debt limit next Thursday, marking a starting point for what is likely to be a long and tense battl...
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...
U.S. Could Run Out Of Cash By Early June If Debt Limit Isn’t Raised, Yellen Warns
Topline The U.S. Treasury stands to run out of cash as soon as early June if the debt limit isn’t lifted in the coming months, Treasury Secretary Janet Yellen warned Friday as she urged lawmaker...
Janet Yellen: Following FTX, We MUST Regulate Crypto
Treasury Secretary Janet Yellen – who despite being a renowned economist couldn’t predict that the U.S. was headed for its worst inflationary period in over 40 years – has stated that the fall of the ...
Key Republican presses Yellen to issue digital asset reporting rules
Rep. Patrick McHenry is urging the Treasury Department to issue clearer digital asset reporting rules as part of last year’s infrastructure bill and delay compliance requirements for the new rules. &...
Janet Yellen Predicts Lower Inflation By End Of 2023
US Treasury Secretary Janet Yellen forecasted a significant reduction in US inflation in 2023, barring an unexpected shock, on Sunday. “I believe you will see much lower inflation by the end of next y...
Why Janet Yellen Is About To Become Even More Powerful
Treasury Secretary Janet Yellen ranks 33rd on our list of the World’s 100 Most Powerful Women. Getty Images Asthe first female chair of the U.S. Federal Reserve Bank, Janet Yellen was second on ...
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...
US Treasury’s Yellen Says Crypto Doesn’t Have Adequate Regulation — Calls FTX Collapse ‘a Lehman Moment’ – Regulation Bitcoin News
U.S. Treasury Secretary Janet Yellen says that the collapse of crypto exchange FTX shows that the crypto industry “really needs to have adequate regulation.” She added: “It’s a Lehman moment within cr...
FTX’s collapse is ‘a Lehman moment’ for crypto: Yellen
Treasury Secretary Janet Yellen called FTX’s collapse “a Lehman moment” for the digital asset industry. “It’s a Lehman moment within crypto, and crypto is big enough that you’ve had substantial ...
Sam Bankman-Fried, Janet Yellen, Larry Fink and Mark Zuckerberg To Speak At New York Times Summit – Trustnodes
Sam Bankman-Fried, the disgraced CEO of FTX who gambled away billions of customers’ money, is to join such luminaries like the Treasury Secretary Janet Yellen at New York Times’ Dealbook Summit. Larry...