Former president Trump’s fundraising gets a big boost following his indictment. The total afterwards is quickly nearing the amount from 3 months before. We break down his campaign’s fundraising report. What’s the outlook like for inflation and the job market? Treasury Secretary Janet Yellen shares her views on the economy. 4 people are dead and close to 30…
LIVE NOW: NTD Good Morning (April 17): Trump’s Fundraising Gets Boost After Indictment; U.S. Treasury Secretary on Economy and Inflation
NTD Good Morning (April 17): Trump’s Fundraising Gets Boost After Indictment; US Treasury Secretary on Economy and Inflation
Former President Donald Trump’s fundraising got a big boost following his indictment. The total afterward has been quickly nearing the amount from 3 months before. We break down his campaign’s fundraising report. What’s the outlook like for inflation and the job market? Treasury Secretary Janet Yellen shares her views on the economy. Four people were dead…
Yellen Says US Banks May Tighten Lending and Negate Need for More Rate Hikes
WASHINGTON—Treasury Secretary Janet Yellen said banks are likely to become more cautious and may tighten lending further in the wake of recent bank failures, possibly negating the need for further Federal Reserve interest rate hikes. Yellen said in a “Fareed Zakaria GPS” interview that policy actions to stem the systemic threat caused by last month’s…
Yellen Urges Continued ‘Significant, Predictable and Timely’ Aid for Ukraine
WASHINGTON—U.S. Treasury Secretary Janet Yellen on Wednesday called for continued significant aid to Ukraine as it battles against Russia’s invasion, and lauded Ukrainian authorities for their focus on good governance and anticorruption. Yellen, who paid a surprise visit to Kyiv in February, spoke at the start of a ministerial meeting on Ukraine during the spring…
Janet Yellen’s Remarks See First Republic’s Stock Tumbling
March 23, 2023
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First Republic Bank, which has suffered significant losses since the onset of the banking crisis on March 8, saw its stock tank by 15 percent due to market concerns around the fate of the bank’s deposits. The chances of a full deposit insurance program being introduced by the Federal Deposit Insurance Corporation (FDIC) still hang…
Not All Uninsured Deposits Will Be Government-Protected in Future Bank Failures: Yellen
March 20, 2023
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Not all Americans’ uninsured deposits will be protected by the federal government in the event of future bank collapses, Treasury Secretary Janet Yellen warned during a hearing before the U.S. Senate Finance Committee on March 16. “I can reassure the members of the committee that our banking system remains sound and that Americans can feel confident…
Treasury, White House: Confident in Regulators Response on Silicon Valley Bank Collapse
WASHINGTON—Treasury Secretary Janet Yellen met with banking regulators on Friday on the collapse of SVB Financial Group as she and the White House expressed confidence in their abilities to respond to the largest bank failure since the 2008 financial crisis. Yellen met with officials from the Federal Reserve, the Federal Deposit Insurance Corporation, and the…
Yellen in Surprise Visit to Kyiv to Reaffirm US Economic Aid to Ukraine
KYIV—U.S. Treasury Secretary Janet Yellen paid a surprise visit to Kyiv on Monday to reaffirm U.S. support for Ukraine in its struggle against Russia’s invasion and promote U.S. economic aid that is bolstering Ukraine’s war effort. Yellen met with President Volodymyr Zelenskyy, Finance Minister Serhiy Marchenko, and other key government officials just days into the…
Yellen Says US Inflation Coming Down but Core Measures Remain Elevated
BENGALURU—U.S. Treasury Secretary Janet Yellen said on Friday that U.S. inflation was coming down but there was still more work to do to bring it in line with the Federal Reserve’s 2 percent annual target. Yellen also told reporters on the sidelines of a G20 finance ministers and central bank governors’ meeting near the Indian…
US Default Would Cause Job, Benefits Losses, Yellen Tells Counties
WASHINGTON—U.S. Treasury Secretary Janet Yellen warned county leaders on Tuesday that their residents could lose jobs and federal benefit payments if Congress allows the United States to default on payment obligations by failing to lift the federal debt ceiling. Yellen, speaking to the National Association of Counties, offered no new details on when the U.S….
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