TORONTO—The United States is in talks with Canada and other allies to further restrict Moscow’s energy revenue by imposing a price cap on Russian oil, Treasury Secretary Janet Yellen said on Monday. “We are talking about price caps or a price exception that would enhance and strengthen recent and proposed energy restrictions by Europe, the…
US in Talks With Allies on Russian Oil Price Cap, Says Yellen
June 22, 2022
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United Airlines Says Government Should Step In; Facebook Removes Candidate’s RINO Hunting Ad | NTD News Today
U.S. Treasury Secretary Janet Yellen visits Canada to discuss Ukraine and inflation, but she side steps a question on interest rates. A Texas woman pleads guilty to 26 counts of voter fraud. Find out more about what the Texas Attorney General calls a vote harvesting operation. And we look at woke culture and its influence…
United Airlines Says Government Should Step In; Facebook Removes Candidate’s RINO Hunting | NTD News Today
U.S. Treasury Secretary Janet Yellen visits Canada to discuss Ukraine and inflation, but she side steps a question on interest rates. A Texas woman pleads guilty to 26 counts of voter fraud. Find out more about what the Texas Attorney General calls a vote harvesting operation. And we look at woke culture and its influence…
Yellen Says US Recession Not ‘At All Inevitable’ Despite Inflation ‘Unacceptably High’
Treasury Secretary Janet Yellen said on Sunday that she expects the U.S. economy to “slow” but doubled down on her insistence that a full-blown recession is not “at all inevitable,” despite concerns that the Federal Reserve’s aggressive interest rate hikes could spark an economic downturn. “I expect the economy to slow,” Yellen said in an interview with ABC’s…
Yellen Says High Inflation Will Stick Around All Year
Treasury Secretary Janet Yellen said Sunday that high inflation would persist for the remainder of 2022 and that, while she expects the U.S. economy will cool, a recession is far from a sure bet. “We’ve had high inflation so far this year, and that locks in higher inflation for the rest of the year,” Yellen said…
Treasury Secretary Says Recession in US Not ‘Inevitable’ Despite Grim Poll Numbers
Treasury Secretary Janet Yellen said Sunday that she believes the U.S. economy will slow down but doesn’t believe a “recession is inevitable.” “I expect the economy to slow,” Yellen told ABC News’ “This Week.” “It’s been growing at a very rapid rate. … The labor market has recovered, and we have reached full employment.” The…
Obama Treasury Secretary: US at ‘Risk of Recession’ in the Next Year
June 12, 2022
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Former Obama administration Treasury Secretary Larry Summers predicted the United States will enter an economic recession and suggested the possibility of yet higher gas prices than the country is currently seeing. “I think the optimists were wrong a year ago in saying we have no inflation and I think they are wrong now if anyone…
Capitol Report (June 10): Trump, Biden React to Jan 6 Hearing; Inflation Index Spikes
New inflation data is out, and the numbers aren’t looking good. We’ll break down what’s costing you the most and what the president has to say about these record high prices. David Brat, a former Virginia congressman and current dean of the business school at Liberty University, joins us to break down the 41-year-high inflation…
IRS ‘Under Siege,’ Yellen Says, Needs $80 Billion to Beef up Tax Work
WASHINGTON—Treasury Secretary Janet Yellen on Tuesday urged Congress to approve $80 billion in funding for the Internal Revenue Service to help the agency reduce a huge backlog of tax returns and allow it to go after $600 billion in unpaid tax bills. “The IRS is under siege. It is suffering from huge underinvestment,” Yellen told…
Inflation More Pressing Issue Than ‘Gun Violence’ for American Voters: Poll
Support for a national ban on “assault weapons” is at an all-time low among American voters, according to a national poll that ranked inflation as a more pressing issue than “gun violence.” According to the national Quinnipiac University Poll of more than 1,000 random adults, 50 percent say they support a national ban on “assault…
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