Treasury Secretary Janet L. Yellen said on Tuesday that she had personally urged Prime Minister Benjamin Netanyahu of Israel to increase commercial engagement with the West Bank, contending that doing so was important for the economic welfare of both Israelis and Palestinians. Ms. Yellen’s plea was outlined in a letter …
Read More »Treasury Secretary Yellen to Hold Economic Talks With Chinese Counterpart
Treasury Secretary Janet L. Yellen will hold two days of high-level meetings with her Chinese counterpart, Vice Premier He Lifeng, this week, as the United States and China look to build upon an effort that started earlier this year to improve communication between the world’s two largest economies. The meetings …
Read More »Yellen Assures Europe That U.S. Will Provide More Funds for Ukraine
Treasury Secretary Janet L. Yellen told top European economic leaders on Monday that the United States would not back away from supporting Ukraine and pledged that the Biden administration would work to authorize more aid despite resistance from some congressional Republicans. The comments to a gathering of finance ministers in …
Read More »Yellen, caught between markets and US Congress, tweaks message
Janet Yellen is the face of US govt on the issue and her public comments have sent markets on a roller-coaster ride. For the fourth time in a week, United States Treasury Secretary Janet Yellen has taken to a microphone aiming to reassure Americans that the US banking system is …
Read More »Yellen seeks to reassure US legislators after bank collapse
Treasury chief tells lawmakers that customers ‘can feel confident that their deposits will be there when they need them’. United States Treasury Secretary Janet Yellen has sought to reassure legislators – and US citizens – that the country’s banking system remains “sound” in the wake of the second largest bank …
Read More »U.S. Will Hit Debt Limit Jan. 19, Yellen Tells Congress
WASHINGTON — Treasury Secretary Janet L. Yellen warned on Friday that she would have to begin employing “extraordinary measures” to continue paying the nation’s bills this month if lawmakers do not act to raise the statutory debt limit and that her powers to delay a default could be exhausted by …
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