Secretary of the Department of the Treasury Janet Yellen testifies on the State of the International Financial System to the House Financial Service Committee at 10:00 a.m. ET on June 13. …
LIVE 10 AM ET: Treasury Secretary Yellen Testifies on State of the International Financial System to House
June 13, 2023
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LIVE NOW: Treasury Secretary Yellen Testifies on State of the International Financial System to House
June 13, 2023
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congressEpochTVEpochTV LiveExecutive BranchInternational Financial SystemJanet YellenLive VideosPoliticsthe House Financial Service CommitteeUSUS NewsVideo
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Secretary of the Department of the Treasury Janet Yellen testifies on the State of the International Financial System to the House Financial Service Committee at 10:00 a.m. ET on June 13. …
Treasury Secretary Yellen Testifies on State of the International Financial System to House
June 13, 2023
admin
congressEpochTVEpochTV LiveExecutive BranchInternational Financial SystemJanet YellenLive VideosPoliticsthe House Financial Service CommitteeUSUS NewsVideo
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Secretary of the Department of the Treasury Janet Yellen testifies on the State of the International Financial System to the House Financial Service Committee at 10:00 a.m. ET on June 13. …
Commercial Real Estate Exposure, Financial Pressures Could Result in Bank Consolidation, Yellen Says
More consolidation in the U.S. banking system would not be surprising considering the current environment in the financial sector, says Treasury Secretary Janet Yellen. While Yellen acknowledged that she does not wish to see further consolidation by some smaller banks threaten the diversity of the banking sector, she would understand due to the enormous pressures…
US Debt Ceiling Default Deadline Is Still Early June, Yellen Warns
May 24, 2023
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Treasury Secretary Janet Yellen reiterated her projection that the U.S. debt ceiling default deadline is still early June, when her department might exhaust the extraordinary measures employed since January. Yellen confirmed at a virtual Wall Street Journal CEO Summit on May 24 that she would soon update Congress about government finances, adding that payment prioritization…
Yellen Sounds Alarm on Default in New Warning to McCarthy on Debt Ceiling Deadlock
May 23, 2023
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Treasury Secretary Janet Yellen has issued a renewed—and alarmist—warning to House Speaker Kevin McCarthy (R-Calif.) and other congressional leaders, reiterating her earlier position that the country could run out of money to pay its debt obligations as early as June 1, but this time around expressing more confidence in her dire prediction. Yellen has repeatedly…
Yellen Warns Federal Gov’t Likely Won’t Pay All of Its Bills by Next Month
U.S. Treasury Secretary Janet Yellen said Sunday that she doesn’t believe the federal government could still pay off all its bills before June 15 in a bid to underscore the urgency to resolve a standoff between the White House and House Republicans to raise the debt ceiling. “Well, there’s always uncertainty about tax receipts and…
Yellen Warns Federal Government Likely Won’t Pay All of Its Bills by Next Month
U.S. Treasury Secretary Janet Yellen said Sunday that she doesn’t believe the federal government could still pay off all its bills before June 15 in a bid to underscore the urgency to resolve a standoff between the White House and House Republicans to raise the debt ceiling. “Well, there’s always uncertainty about tax receipts and…
High Interest Rates Are Not the Problem; Decades of Low Rates Were: Grant Williams
May 19, 2023
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In a viral exchange back in March, Sen. Elizabeth Warren (D-Mass.) grilled Federal Reserve Chair Jerome Powell over the unemployment caused by the Fed’s recent rate hiking cycle. “Do you call laying off two million people this year not a ‘sharp’ increase?” the senator asked. “Explain that to the two million families who are going…
Yellen Warns Bank Executives of ‘Severe Consequences’ of Default
May 18, 2023
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Treasury Secretary Janet Yellen met with more than two dozen CEOs and executives at a meeting convened by the Bank Policy Institute (BPI) to discuss the debt ceiling and the state of the economy and banking system. Yellen reiterated her public position that the U.S. banking system is sound and resilient, alluding to its high…
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