Commentary U.S. Treasury Secretary Yellen’s goal in Beijing is to explain President Joe Biden’s China policy, which has shifted a great deal. Prior to the beginning of the administration, it was widely believed that Mr. Biden would repeal the Trump-era tariffs and take a softer stance on China. In reality, he appointed a number of…
Secretary Yellen’s Visit Unlikely to Repair Relations
July 9, 2023
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OpinionSecretary YellenThinking About ChinaU.S. Secretary of State Antony BlinkenU.S. treasury secretaryvisit to Beijing
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Secretary Yellen to Brief House Democrats on Status of Emergency Rental Funds
Treasury Secretary Janet Yellen will provide an update to House Democrats on Tuesday about the steps being taken to distribute $46.5 billion in federal funds that were allocated to prevent evictions during the CCP (Chinese Communist Party) virus pandemic. Speaker Nancy Pelosi (D-Calif.) announced Yellen’s upcoming briefing in a Monday letter to Democrats explaining how the House will proceed…
Treasury Secretary: ‘Extraordinary Measures’ to Be Taken If Congress Doesn’t Raise Debt Limit
Treasury Secretary Janet Yellen on Friday urged congressional leaders to suspend or raise the national debt limit before Aug. 1. or face dire economic consequences. Yellen warned that if Congress does not take action, her department will need to implement “extraordinary measures” to prevent the government from defaulting on its loans. “If Congress has not acted to suspend or…
US Treasury to Hit Debt Ceiling by November: Congressional Budget Office
July 21, 2021
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BusinesscongressCongressional Budget Officedebt ceilingEconomieseconomynational debtPolicyPoliticsSecretary YellenUSUS News
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The Congressional Budget Office (CBO) said on Wednesday that the U.S. Treasury Department is projected to exhaust its debt limit by October or November, as Democrats seek to raise that limit for trillions more in funding. Republicans say they oppose the move. As of June 30, an additional $6.5 trillion had been borrowed, bringing total federal debt…
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