You Searched For "us treasury secretary" and got 20 results
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3 mins read
Silicon Valley Bank depositors will have access to their money starting Monday: US Treasury Secretary
In a step aimed at protecting the US economy by strengthening public confidence in the country's ba…
PTI
2 mins read
The US has announced new sanctions targeting Russia's war machine — and says more are coming
The US Treasury and State Department issued 400 sanctions on individuals and entities still support…
Filip De Mott
2 mins read
Treasury Secretary Janet Yellen is warning CEOs about the potentially "catastrophic" fallout from a US debt default
She told ABC News on Sunday that Congress failing to raise the $31 trillion debt ceiling could caus…
Zinya Salfiti
1 min read
The debate about Fed rate hikes is missing a key argument, former Treasury Secretary Larry Summers says
"People need to be very careful about declaring victory — to be very careful about some assets, par…
Filip De Mott
1 min read
China's economy is hitting a wall after years of optimism, former Treasury Secretary Larry Summers says
"No one should conclude that we can be complacent about the Chinese geopolitical challenge," former…
Zahra Tayeb
2 mins read
Former Treasury Secretary Larry Summers faces backlash from Jim Bianco, Paul Krugman for inflation 'chart crime'
Larry Summers got panned for posting a graph suggesting inflation now could be behaving the same wa…
Zahra Tayeb
2 mins read
Treasury Secretary Janet Yellen says the US banking crisis is 'stabilizing' and the government could provide more backing for deposits
Officials were looking into how to temporarily expand FDIC coverage to all deposits if the banking …
Carla Mozée
2 mins read
Moody's just reignited concerns about the US debt mountain. Here's what that means for the troubled Treasury-bond market.
The ratings agency's announcement Friday comes during a period of Treasury-market turmoil, with yie…
George Glover
1 min read
The yuan is not a threat to the US dollar because China is not a predictable or reliable market, former Treasury Secretary Larry Summers says
"There has never been a country where there was a strong desire to move as much capital out of the …
Jennifer Sor
1 min read
Washington is fueling a 'war on business' as it cracks down on mergers and acquisitions, former Treasury Secretary Larry Summers says
"These guidelines — by moving away from an emphasis on lower prices for consumers to broader abstra…
Zahra Tayeb
1 min read
The odds of a recession in the next year are 70% and the US has a stagflation problem brewing, former Treasury Secretary Larry Summers says
Inflation is unlikely to get back to the Fed's 2% long-run target without a recession, according to…
Jennifer Sor
2 mins read
Janet Yellen says she disagrees with Moody's downgrade of its outlook for the US, as the economy is strong and Treasurys are the 'preeminent' safe asset
"This is a decision I disagree with," Yellen said of Moody's US outlook downgrade, emphasizing the …
Jennifer Sor
2 mins read
India dropped from currency monitoring list as treasury secretary Janet Yellen seeks closer US-India economic ties
The US has removed India from its currency manipulation monitoring list and made the announcement w…
2 mins read
Janet Yellen confesses 'I was wrong' about how big a risk inflation was and didn't fully understand the situation
Yellen, a former Federal Reserve chair, last year dismissed long-lasting inflation as a problem for…
Hamza Fareed Malik
3 mins read
Sanctions against Russia could hurt the US dollar as countries like Iran and China seek alternative currencies for trade: Treasury Secretary Janet Yellen
The dollar dominated global trade in January, and made up about 85% of trade finance, according to …
Huileng Tan
2 mins read
The US likely won't make it to June 15 without a default if lawmakers don't reach a deal, Treasury Secretary Janet Yellen says
"My assessment is that the odds of reaching June 15th, while being able to pay all of our bills, is…
Jennifer Sor
2 mins read
Get ready for more US debt sticker shock as Wall Street sees a bigger wave of Treasurys flooding the bond market
As forecasts for deficit spending soar, Wall Street is raising its estimates how much fresh US debt…
Filip De Mott
1 min read
US companies are finding China increasingly 'uninvestible', commerce secretary Gina Raimondo says
"Increasingly I hear from businesses, China is uninvestible because it's become too risky," Raimond…
Joseph Wilkins
2 mins read
US could default on its debt as soon as June, says US Treasury Department
The US Treasury Department said the country could default on its debt as soon as June.
3 mins read
Bitcoin, Ethereum surge after US Treasury Secretary Yellen’s leaked statement calms fears around Biden’s crypto policy
The statement also indicated that Biden’s order will address risks related to illicit finance, p…