Janet Yellen
The latest on Janet Yellen, Secretary of the Treasury nominee in the administration of President Joe Biden. Yellen previously served as the chair of the Federal Reserve, the first woman to do so. She also previously chaired the Council of Economic Advisers for President Bill Clinton.
Yellen to Take 'Extraordinary Measures' to Prevent U.S. From Debt Default
Yellen said the U.S.' current debt level is a result of spending and tax decisions made "by Administrations and Congresses of both parties over time."
About $90 Billion Lost in Cryptocurrencies After Bitcoin Takes Major Dive
Bitcoin fell below $30,000 for the first time since Jun. 22. The drop also affected the rest of the cyptocurrency market.
Janet Yellen 'Very Concerned' at COVID Variants Threat to Recovery
"We are very concerned about the Delta variant and other variants that could emerge and threaten recovery," she told reporters following a G20 meeting in Italy.
U.S. Working to Determine How Billionaire Tax Payments Info Was Obtained
Treasury Secretary Janet Yellen said the Biden administration took the recent inflation very seriously and assured the Treasury Department was investigating how information about the taxes of America's billionaires was obtained by ProPublica.
Senator Rand Paul Asks if Inflation Will Make U.S. the Next Venezuela
The GOP senator is concerned about the $1.9 trillion relief plan's effects on the U.S. economy.
Yellen Hopeful Biden Relief Package Will Bring Back Full Employment in 2022
"I think this is what we need. I'm hopeful that, next year, with a package of this size, we can be back at full employment," the treasury secretary said during an interview on Friday.
Sending $1,400 Checks 'Right Thing to Do,' Says Treasury Sec. Janet Yellen
The checks themselves have become contentious among congressional lawmakers, with some Republicans calling the direct payments too costly.
Yellen Warns on Cutting Stimulus as Dems Plan Vast Infrastructure Package
President Joe Biden met with union bosses in the Oval Office on Wednesday where he discussed details of both the COVID-relief bill and a second possible spending package.
Senators Urge Janet Yellen to Prioritize Putting Harriet Tubman on $20 Bill
"Our currency tells the story of our nation, and it is long past due for Ms. Tubman's part of that story to be told," a bipartisan duo of U.S. Senators wrote in a letter to Treasury Secretary Janet Yellen.
Third Stimulus Check Threshold Should Be at Least $60K, Says Yellen
Yellen says the income threshold should be set higher than $50,000, but perhaps lower than $75,000 per individual.
Yellen Expects Full Employment Recovery if Biden's COVID Package Passes
The Treasury Secretary said not passing a relief bill poses a bigger risk than the chance of rising inflation.
Are the Hedge Funds as Evil as Ever After GameStop?
The winners and losers in the GameStop sagas. Plus: Bezos exits, and lessons from Jack Ma's exile.
The GameStop Saga Proves Populism is Here to Stay
A common view is that these authority figures look after their own interests only. This feeling has been especially strong since the 2008 financial crisis.
Treasury Secretary Nominee Janet Yellen Touts Crypto 'Benefits,' Regulation
Janet Yellen, President Joe Biden's nominee for U.S. Treasury Secretary, softened her comments of Bitcoin and other crypto-currencies, but said additional regulations are needed.
Bitcoin Loses 17% in Value Thursday, Rebounds Early Friday
Bitcoin fell as much as 17% Thursday, but regained its footing in early trading Friday. CoinDesk calculated that the plunge erased about $100 billion in market value.
Janet Yellen Wants Trump's Tax Cuts for Wealthy and Companies Repealed
Yellen said she believes in a tax code "where wealthy individuals and corporations pay their fair share."
Janet Yellen Receives Support From All Eight Living Ex-Treasury Secretaries
A letter they signed reflects bipartisan support as the Senate Finance Committee commences her confirmation hearing Tuesday.
Biden Nominee Yellen Made Millions from Big Banks that Lobby Treasury Dept
Citigroup, Goldman Sachs, Citadel and others paid Yellen for speeches and have business before the department that Biden nominated her to run. Antony Blinken also has ties to companies which lobby the State Department.
Report of Janet Yellen's Speaking Fees Draws Criticism
Accusations of misogyny over debate of Yellen's reported Wall Street speaking fees are just a primer for mainstream media to soon "go easy" on the incoming Biden administration, right-leaning critics claimed.
Majority of Biden's Cabinet Appointments So Far Are Obama Officials
Eleven of Biden's Cabinet appointments served in the Obama administration and three also served in the Clinton administration.
Biden Wants Lin-Manuel Miranda to Write a Musical About Janet Yellen
To honor the historic nomination of a woman as Secretary of Treasury, Biden says that the "Hamilton" creator should write a musical about Yellen.
Can Janet Yellen Save the Economy From Mitch McConnell?
Janet Yellen's first battle; Big Business gets some spine; and Rolling Stones touring keyboardist Chuck Leavell's hope for environmental salvation.
GOP Senator Suggests He May Oppose Biden's Treasury Pick
Senator John Barrasso said that Trump "was blockaded" by Democrats "every step along the way to get his people and this Cabinet nominated."
Biden Treasury Pick Janet Yellen's Past Warnings About Debt Trigger Alarm
The former Fed Chair has a mixed record on fiscal policy, having called for debt-reduction measures that are closer to austerity but also touting the need for "extraordinary fiscal support" in the pandemic.
Top House Democrat Says Mnuchin Trying to 'Sabotage' Biden's COVID Response
President-elect Joe Biden has picked former Federal Reserve chair Janet Yellen to serve as the next U.S. Treasury Secretary.
What Janet Yellen Has Said About COVID Stimulus, Checks
The former Federal Reserve chair called for Americans to receive "extraordinary" support amid the COVID-19 pandemic.
What Biden's Potential Treasury Secretaries Have Said About a 2nd Stimulus
Lael Brainard, Elizabeth Warren and Janet Yellen are tipped to be Biden's Treasury Secretary. Here's what they've said about a second stimulus deal.
Ex-Fed Chair Thinks Thursday's Jobless Claims Could Top 6.6 Million Record
The former chair of the Federal Reserve made the suggestion during a conference call with House Democrats on how the coronavirus pandemic is hurting the economy.
Warren's Economic Plans Would Not Make Recession Likelier: Ex-Fed Chair
The Massachusetts senator and Democratic 2020 presidential candidate is pledging to overhaul the U.S. economy with a number of reforms.
Ex-Federal Reserve Chair Janet Yellen Agrees With Trump: Cut Rates
"The global economy has weakened. I think partly it's because of conflicts over trade and the uncertainty that's caused for businesses," Yellen said.
