The United States Treasury Secretary Janet Yellen denied the idea of Joe Biden investigating multibillionaire Elon Musk’s $44 billion acquisition of Twitter. Recently, the president of the United Stat...
Tag: Yellen
Janet Yellen: FTX Meltdown Shows Need for ‘More Effective Oversight’ of Crypto
Secretary Treasury Janet Yellen added her voice to the growing chorus of Washington leaders demanding action in the wake of crypto exchange FTX’s collapse last week, saying on Wednesday that the meltd...
Yellen calls for ‘more effective oversight’ of crypto markets
The collapse of crypto exchange FTX is proof digital asset markets need more effective oversight, according to U.S. Treasury Secretary Janet Yellen. “Further interconnections of the traditiona...
Yellen Says FTX Collapse Shows Weaknesses of Entire Crypto Sector — Fed’s Brainard Pushes for Strong Regulation – Regulation Bitcoin News
U.S. Treasury Secretary Janet Yellen and Federal Reserve Vice Chair Lael Brainard have stressed the need for strong crypto regulation. Yellen said the FTX collapse shows “the weaknesses” of the entire...
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...
Yellen Flags Potential for Buybacks of Treasury Securities
(Bloomberg) — Treasury Secretary Janet Yellen flagged the potential for buybacks of certain US government securities, after her department quizzed market participants on the potential for the ma...
Yellen warns of ‘dangerous and volatile environment’ as she pledges to bolster Treasury market
““We’ve experienced energy shocks, food shocks, supply shocks, persistent inflation in many countries around the world, rising interests rates in many parts of the world and we have seen some financia...
Yellen Worries Over Loss of ‘Adequate Liquidity’ in Treasuries
(Bloomberg) — Treasury Secretary Janet Yellen cited concerns about the potential for a breakdown in trading of US Treasuries, as her department leads an effort to shore up that crucial market. M...
White House may replace Yellen and Deese after the midterms: Axios
Treasury Secretary Janet Yellen may be leaving office after the midterm elections in November, Axios first reported, without giving a specific source. The White House did not confirm that Yellen and N...
US Treasury Secretary Janet Yellen Set For Departure
Treasury Secretary for the Biden administration is set to leave the government after the midterms. Axios reports that Yellen’s departure can start a massive shuffle in the President’s economic team. ...
Yellen Points to “Significant Opportunities” as Treasury Shares Crypto Tips
Key Takeaways The U.S. Treasury Department has published three reports on digital assets following President Biden’s executive order on “Ensuring Responsible Development of Digital Assets.” Trea...
Treasury Secretary Janet Yellen Warns Gas Prices Could Spike This Winter — Says ‘It’s a Risk’ – Economics Bitcoin News
U.S. Treasury Secretary Janet Yellen has warned that gas prices could rise again this year. “It’s a risk that we’re working on the price cap to try to address,” she stressed. “Our price cap proposal i...
Gas Prices May Spike Again This Winter As Europe Cuts Off Russian Oil, Yellen Says
Topline Gas prices could jump again this winter following a months-long decline in the United States, Treasury Secretary Janet Yellen warned Sunday, as the European Union plans to largely stop buying ...
Yellen pledges to target high-earning Americans in bid to keep U.S. finances on ‘sound footing’
U.S. Treasury Secretary Janet Yellen on Thursday pledged to pursue tax increases for high-earning Americans in a bid to keep U.S. finances sound, as she gave a speech in Michigan on the Biden administ...
A Martian Assesses The Great 1970s Inflation
At the Federal Reserve conference in Jackson Hole this week, all attention was on inflation. Chair Jerome Powell seemed to have moved the markets when his tight-money comments coincided with a 1000-po...
Congressman Tom Emmer Pens Letter to Treasury Secretary Yellen on ‘Unprecedented’ Tornado Cash Sanctions
US Congressman Tom Emmer of Minnesota is seeking clarity on the Office of Foreign Assets Control’s (OFAC) recent banning of crypto mixer Tornado Cash. In a letter addressed to Treasury Secretary Janet...
Rep. Emmer demands an explanation of OFAC’s Tornado Cash sanction from Sec. Yellen
United States Congressman Tom Emmer sent a four-page letter to Treasury Secretary Janet Yellen on Tuesday regarding the Treasury Department’s sanctioning of cryptocurrency mixer Tornado Cash on Aug. 8...
Congressman demands answers from Yellen on Tornado Cash sanctions
Crypto booster Congressman Tom Emmer is demanding answers from Treasury Secretary Janet Yellen for the agency’s recent Tornado Cash sanctions. The Republican from Minnesota took aim at the Treas...
Rep Emmer Demands Answers From Yellen Over Tornado Cash Sanction
Rep Tom Emmer, a United States Congress member and crypto advocate, is seeking answers from the United States Treasury Secretary, Janet Yellen on the sanctioned Tornado Cash cryptocurrency mixing serv...
Yellen tells IRS to develop modernization plan in 6 months
Now that President Joe Biden signed Democrats’ expansive climate, tax and health care bill into law, U.S. Treasury Secretary Janet Yellen has directed the IRS to develop a plan within six months outli...
Yellen says the economy is not in a recession despite GDP slump
Treasury Secretary Janet Yellen said Thursday the U.S. economy is in a state of transition, not recession, despite two consecutive quarters of negative growth. Recession, Yellen insisted, is a “...
Watch Treasury Secretary Janet Yellen talk live about the state of the U.S. economy
[The stream is slated to start at 1:30 p.m. ET. Please refresh the page if you do not see a player above at that time.] Treasury Secretary Janet Yellen speaks Thursday at a news conference on the stat...
China’s Liu He, US Treasury Secretary Janet Yellen hold virtual talks
Chinese Vice Premier Liu He represented his country in the signing of a trade agreement with the U.S. in January 2020.C Saul Loeb | AFP | Getty Images BEIJING — China’s Vice Premier Liu He and U...
Yellen & Liu He Speak, China Health Care Outperforms
China Last Night KraneShares Key News Asian equities were mixed overnight as Hong Kong and Mainland China were underperformers on low volumes after strong performance last week, closing flat and sligh...
President Biden Insists US Recession Is Not Inevitable — Treasury Secretary Yellen Concurs – Bitcoin News
President Joe Biden and Treasury Secretary Janet Yellen say that a U.S. recession is not inevitable, dismissing the concerns of many economists who have predicted an upcoming recession. In addition, B...
Treasury Secretary Yellen Says Recession Not ‘At All Inevitable’—But Inflation Is ‘Unacceptably High’
Topline Treasury Secretary Janet Yellen said Sunday a recession is not “at all inevitable,” though she warned economic growth could slow, days after the Federal Reserve hiked interest rates to fight i...
Treasury Secretary Janet Yellen says recession isn’t ‘inevitable
U.S. Treasury Secretary Janet Yellen testifies before a House Ways and Means Committee hearing on President Biden’s proposed 2023 U.S. budget, on Capitol Hill in Washington, June 8, 2022. Jonath...
It Is Time To Rethink Central Banking
A patriotic Uncle Sam character holding a large green blank check, looking at the camera. He is … [+] wearing a red, white and blue coat and top hat that has a blue ban and white star while stan...
US Treasury Secretary Yellen Warns Crypto Is ‘Very Risky’ — Unsuitable for Most Retirement Savers – Coinotizia
U.S. Treasury Secretary Janet Yellen warns crypto is a “very risky investment,” adding that she would not recommend it to most people who are saving for retirement. However, Yellen noted that Congress...
US Treasury Secretary Yellen Warns Crypto Is ‘Very Risky’ — Unsuitable for Most Retirement Savers – Regulation Bitcoin News
U.S. Treasury Secretary Janet Yellen warns crypto is a “very risky investment,” adding that she would not recommend it to most people who are saving for retirement. However, Yellen noted that Congress...
U.S. Treasury Secretary Janet Yellen Warns Against Investing in Bitcoin (BTC) for Retirement – Here’s Why
U.S. Treasury Secretary Janet Yellen is issuing a warning to those who choose leading crypto asset Bitcoin (BTC) as an investment option for their 401(k) retirement plans. In a new interview with The ...