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Yellen: ‘No Good Options' If Congress Fails to Act on Debt
Treasury Secretary Janet Yellen says there are “no good options” for the United States to avoid an economic “calamity” if Congress fails to raise the nation’s $31 trillion-plus borrowing limit in the coming weeks.
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Yellen: US Banking System Remains ‘Sound'
“I can reassure the members of our committee that our banking system remains sound,” Treasury Secretary Janet Yellen told legislators Thursday. “Americans can feel confident that their deposits will be there when they need them.”
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Treasure Secretary Yellen Tells Congress US Banking System ‘Remains Sound'
Treasury Secretary Janet Yellen Yellen testified before the Senate Finance Committee on Thursday, a week after the second-largest bank collapse in U.S. history.
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Treasury Secretary Janet Yellen Says U.S. Government Won't Bail Out Silicon Valley Bank
Treasury Secretary Janet Yellen says U.S. government will not bail out Silicon Valley Bank
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US Expected to Hit Debt Limit on Thursday, Treasury Secretary Yellen Warns Congress
Treasury Secretary Janet Yellen has notified Congress that the U.S. is projected to reach its debt limit on Thursday and will then resort to “extraordinary measures” to avoid default.
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Janet Yellen Says U.S. Economy is Not in a Recession
On Thursday, U.S. Treasury Secretary Janet Yellen stated that the administration is focused on bringing prices down and that the U.S. is not in a recession, despite GDP slump.
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Treasury Secretary Warns About Continued High Inflation
During a Senate Finance Committee hearing Tuesday, Treasury Secretary Janet Yellen said she expects inflation to remain high and that lowering inflation should be the Treasury Department’s top priority.
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Social Security Fund Will Be Able to Pay Benefits One Year Longer Than Expected, Treasury Says
The Social Security trust fund will be able to pay out benefits for a year longer than prior estimates, the Treasury Department said.
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Treasury Secretary: Abortion Ban Would Hurt US Economy and ‘Set Women Back Decades'
Treasury Secretary Janet Yellen’s appearance before a Senate committee took an unexpected and tense detour into the abortion debate Tuesday when senators questioned her about the potential impact of an abortion ban on the American economy.
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Yellen: Restricted Access to Reproductive Health Care Hurts Economic Opportunity
During a Senate committee hearing Tuesday, Treasury Secretary Janet Yellen was questioned about the potential impact of an abortion ban on the American economy.
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Yellen, Ukraine Official Walk Out of Russia's G-20 Remarks
Treasury Secretary Janet Yellen and Ukraine’s Finance Minister Serhiy Marchenko walked out of a Group of 20 meeting Wednesday as Russia’s representative started talking
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Finance Heads Urged to Boost Fight Against Food Insecurity
Treasury Secretary Janet Yellen has urged world finance leaders to “get concrete” as they look for ways to combat a looming crisis over food insecurity around the globe that Russia’s war in Ukraine has made worse
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Yellen Warns That War in Ukraine Will Have ‘Enormous' Global Economic Impact
Treasury Secretary Janet Yellen cautioned Wednesday that Russia’s attack on Ukraine could cause a major hit to the global economy.
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U.S. Sanctions Global Network of Firms Helping the Russian Military Evade Export Controls
The sprawling group of front companies and middlemen identified by U.S. officials stretches from Moscow to Britain, France, Singapore, Malta and Spain.
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Venture Capital Fund Backed by Russian Oligarch Abramovich Removes All Traces of Operations Online
A venture capital fund backed by sanctioned Russian billionaire Abramovich appears to be trying to wipe any trace of its operations since he was sanctioned.
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Treasury Secretary Yellen: The U.S. Should Have Moved Faster Toward Renewable Energy
Treasury Secretary Janet Yellen spoke to CNBC’s Andrew Ross Sorkin about the United States’ goals on both climate and national security.
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Treasury Secretary Yellen Sees No Need for China Sanctions as U.S. Tries to Deter Aid to Russia
Treasury Secretary Janet Yellen on Friday said she does not believe the U.S. should impose sanctions on China as a partner to Russia.
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How Americans Can Cut Costs and Save Amid the Pain of Record Inflation
Higher prices are not going away any time soon. However, experts say there are steps you can take to protect your money.
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The New Maya Angelou Quarters Could Help Redefine ‘Freedom' in America: ‘What a Beautiful Thing'
In January, the U.S. Mint released quarters featuring Maya Angelou, the first U.S. coins ever to honor a Black woman. Their design is just as symbolic, too.
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10-Year Treasury Yield Is Steady at 2% as Investors Digest Inflation Data and Russia-Ukraine War
U.S. Treasury yields slipped on Friday morning, as investors digested inflation data released in the previous session.