Category: yellen

Capitol Report: GOP Preparing to Impeach Secretary Mayorkas; No Backpay for Troops Discharged for Refusing Vaccine

In the latest move of the Republicans’ probe into President Joe Biden’s classified documents, they are turning their focus back to the Penn Biden center, where the documents were first found. Treasury Secretary Janet Yellen is meeting with China’s top economic official. We assess the current relationship between these two economic superpowers. House Speaker Kevin…


Yellen and Liu Meet, Agree to Enhance Communication Amid China-US Tensions

Officials from the United States and communist China met in Switzerland on Jan. 18, where they pledged to manage their differences and prevent ongoing competition between the two nations from spiraling into conflict. U.S. Treasury Secretary Janet Yellen met with Chinese Vice Premier Liu He in Zurich for the highest-ranking meeting between the United States…


Treasury Secretary Yellen and Chinese Vice Premier Liu to Meet Amid Competition for African Influence

Officials from the United States and communist China will meet in Switzerland this week to discuss economic development and work to increase communication between the two nations on economic issues. U.S. Treasury Secretary Janet Yellen will meet Chinese Vice Premier Liu He in Zurich on Jan. 18 as part of an attempt to ease tensions…


Contractor Found Guilty of Selling Info to China

President Joe Biden is meeting with Chinese leader Xi Jinping. We take a look at what the leaders talked about—and why some lawmakers are sounding alarms. Could U.S.-China economic relations be improving? Treasury Secretary Yellen says she hopes so, alongside the G-20 Summit. A spy has been caught. An American civilian defense contractor is receiving…


Yellen Taking Steps to Enhance Treasury Market, Boost Funds Resilience

The U.S. Treasury is taking steps to strengthen the resilience of the Treasury debt market and private money market and bond funds, but the U.S. financial system is functioning well despite elevated global volatility, Treasury Secretary Janet Yellen said on Monday. Yellen, speaking to the Securities Industry and Financial Markets Association’s (SIFMA) annual meeting in…


Yellen Says Chips, Research Investments Will Boost US Economic Capacity

HERNDON, Va.—Treasury Secretary Janet Yellen said on Friday that domestic investments in semiconductors and research would help reverse a longstanding innovation deficit and increase the productive capacity of the U.S. economy. Yellen, speaking at a business incubator in the Washington area’s Dulles technology corridor, said that the U.S. lead in technology innovation has increasingly come…


Secretary Yellen Defends Failure to Predict Inflation Would Rise and ‘Remain as Persistent as It Has’

Treasury Secretary Janet Yellen on Tuesday insisted she was in “good company” in failing to forecast persistent and soaring inflation and blamed the increasing cost of living on a series of unpredictable “shocks” to the economy. Yellen made the comments during an interview with CNBC’s Sara Eisen. “I think, through a series of shocks that…


OPEC Oil Cuts Bad for Global Economy, Says Yellen

Treasury Secretary Janet Yellen said a decision by the OPEC+ grouping to cut oil production was “unhelpful and unwise” for the global economy, especially emerging markets, the Financial Times said on Sunday. “We’re very worried about developing countries and the problems they face,” Yellen told the newspaper in an interview. She also criticized allies for…


U.S. Treasury Secretary Janet Yellen Slams China; Greenwood’s Good Samaritan Identified in Indiana Shooting | NTD Good Morning

U.S. Treasury Secretary Janet Yellen with some strong words for countries that threaten international economic order. Find out what Yellen has to say about China. Panic breaks out in a Las Vegas hotel over the weekend. With people scrambling to quickly get out. The good Samaritan in the Indiana shooting was identified. And more details…


US Trade Representative Cautions Against Removing Trump-Era Tariffs on Chinese Imports

U.S. Trade Representative Katherine Tai told the U.S. Senate on Wednesday that “the China tariffs are a significant piece of leverage,” while President Joe Biden is considering lifting some tariffs on Chinese goods to fight inflation. The Trump administration imposed up to 25 percent tariffs on Chinese imports in 2018 and 2019, since an investigation concluded the Chinese…