Posts filtered by tags: Janet Yellen[x]


 

Yellen Outlines to Congress Emergency Measures on Debt Limit

Treasury Secretary Janet Yellen has told Congress that she will start taking emergency measures next week to keep the government from an unprecedented default on the national debt.
Tags: Congress, Treasury, Janet Yellen, Yellen, Congress Emergency Measures on Debt Limit


Janet Yellen says Treasury is prepared to pay the US's bills to prevent 'irreparable harm' to the economy as the GOP balks at raising the debt ceiling

Senate Minority Leader Mitch McConnell and Treasury Secretary Janet Yellen. Alex Wong/Getty Images; Greg Nash/Getty Images Yellen said Treasury is prepared to pay off the country's bills starting August 2. It comes as McConnell opposes raising the debt ceiling without political concessions. Yellen said even the threat of a default risks major damage to the US economy. See more stories on Insider's business page. Treasury Secretary Janet Yellen sent a letter to Congress urging lawma...
Tags: Obama, Congress, Senate, White House, US, Trends, Joe Biden, Democrats, Gop, Hawaii, House, Treasury, Mitch McConnell, Janet Yellen, Nancy Pelosi, Biden


Janet Yellen says Treasury is prepared to pay the US's bills to prevent 'irreparable harm' to the economy as GOP balks at raising debt ceiling

Senate Minority Leader Mitch McConnell and Treasury Secretary Janet Yellen. Alex Wong/Getty Images; Greg Nash/Getty Images Yellen said Treasury is prepared to pay off the country's bills starting August 2. It comes as McConnell opposes raising the debt ceiling without political concessions. Yellen said even the threat of a default risks major damage to the US economy. See more stories on Insider's business page. Treasury Secretary Janet Yellen sent a letter to Congress urging lawma...
Tags: Obama, Congress, Senate, White House, US, Trends, Joe Biden, Democrats, Gop, Hawaii, House, Treasury, Mitch McConnell, Janet Yellen, Nancy Pelosi, Biden


U.S. Treasury Secretary Yellen Warns Congress on Debt Limit

WASHINGTON (Reuters) - U.S. Treasury Secretary Janet Yellen urged lawmakers in a letter on Friday to act as soon as possible on the debt limit and...
Tags: Washington, Janet Yellen, Yellen, U S Treasury, Reuters U S Treasury


Sherrod Brown called Janet Yellen, anxious that poor families may be shut out of 'Social Security for kids.' He's not the only worried Democrat.

Sen. Sherrod Brown (D-OH). Hollis Johnson/Business Insider Senate Democrats are pressuring Treasury and the IRS to fix the portal for low-income families to get child tax credit cash. Sen. Sherrod Brown called Treasury Secretary Janet Yellen on Wednesday, he told Insider. Other Democrats are demanding the IRS move quickly to ensure non-tax filers can get monthly payments. See more stories on Insider's business page. Senate Democrats are pressing the Treasury Department and the IRS to e...
Tags: Colorado, Senate, Trends, Joe Biden, Social Security, Treasury, Janet Yellen, Wyden, Intuit, Irs, Ron Wyden, Yellen, Brown, Treasury Department, Chuck Schumer, Sen Michael Bennet


Bitcoin Crashes Below $30,000 As Cryptocurrency Free-Fall Accelerates (slashdot)

The price of bitcoin has come crashing below the $30,000 mark for the first time in a month. "At the time of this writing, Bitcoin is trading at $29,694.34," writes Paul Lilly via HotHardware. "That's down from around $31,000 yesterday, and less than half of where Bitcoin peaked at in April of this year, when it topped $60,000." From the report: Will it go back up? Probably, but for Bitcoin investors, there are definitely reasons to be cautious, outside of the normal volatility associated with c...
Tags: News, Ebay, China, Janet Yellen, US Treasury, Ethereum, Yellen, ASIC, Dogecoin, BeauHD, Paul Lilly


Mitch McConnell says GOP won't strike a deal with Democrats for the US to pay its bills on time, raising risk of derailing the economic recovery

Senate Minority Leader Mitch McConnell, R-Ky., does a cable news interview before the start of a two-week recess, at the Capitol in Washington, Wednesday, June 23, 2021. AP Photo/J. Scott Applewhite McConnell ruled out GOP cooperation with Democrats to raise the debt ceiling. "I can't imagine there will be a single Republican voting to raise the debt ceiling after what we've been experiencing," McConnell told Punchbowl News. Treasury Secretary Yellen warned of an "absolutely catast...
Tags: Politics, Republicans, Congress, Washington, Kentucky, Senate, US, Trends, Joe Biden, Economy, Policy, Democrats, Gop, Treasury, Mitch McConnell, Janet Yellen


Bitcoin Crashes Below $30,000 As Cryptocurrency Free-Fall Accelerates

The price of bitcoin has come crashing below the $30,000 mark for the first time in a month. "At the time of this writing, Bitcoin is trading at $29,694.34," writes Paul Lilly via HotHardware. "That's down from around $31,000 yesterday, and less than half of where Bitcoin peaked at in April of this year, when it topped $60,000." From the report: Will it go back up? Probably, but for Bitcoin investors, there are definitely reasons to be cautious, outside of the normal volatility associated with c...
Tags: Ebay, China, Tech, Janet Yellen, US Treasury, Ethereum, Yellen, ASIC, Dogecoin, Paul Lilly


Yellen Urges Quick U.S. Adoption of Stablecoin Rules

By Pete SchroederWASHINGTON (Reuters) -Treasury Secretary Janet Yellen told regulators Monday that the U.S. government must move quickly to...
Tags: Janet Yellen, Yellen, Reuters Treasury, Pete SchroederWASHINGTON


Stablecoins should be regulated like banks and central bank digital currencies could tame these 'wildcat' crypto tokens, according to research from the Fed and Yale

US dollar Sopa images/ Getty images Researchers at the Federal Reserve and Yale University have released a report titled 'Taming the Wildcat Stablecoins.' The report suggested stablecoins should be regulated like banks, and promoted CBDCs. The report preceded the Treasury's working group meeting Monday on stablecoins. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Cryptocurrencies that are pegged to a stable asset - known as "stablecoins" - should be ...
Tags: New York, US, Trends, Yale, Treasury, Janet Yellen, Getty, Federal Reserve, Cnbc, Fed, Yale University, People s Bank of China, Treasury Department, Lael Brainard, Yifei, Camomile Shumba


Dow slides 300 points to cap off first weekly decline in a month amid inflation worries

A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, New York, U.S., March 3, 2020. Andrew Kelly/Reuters US stocks dropped on Friday as investor concerns about rising inflation continued to linger.A better-than-expected June retail sales report was unable to move stocks higher.US consumers spent $621 billion at retail stores in June, representing an increase of 0.6%. Sign up here for our daily newsletter, 10 Things Before the Opening Bell.US stocks fell on Fri...
Tags: US, Trends, Markets, Paypal, Inflation, Treasury, Janet Yellen, Jack Dorsey, S&P 500, Dow Jones Industrial Average, Nyse, Fed, New York City New York, Jerome Powell, New York Stock Exchange NYSE, Matthew Fox


Yellen to host stablecoin working group Monday

U.S. Treasury Secretary Janet Yellen will convene the President's Working Group on Financial Markets on Monday to discuss multi-agency oversight of stablecoins.
Tags: Finance, Article, Janet Yellen, Yellen, U S Treasury, FBN, Fbn/markets, FOXBusiness, Fox-business/markets, Working Group on Financial Markets, Fox-business/person/janet-yellen, Breck Dumas, 0a015e17-fe94-5acb-970a-99364c585f16


Yellen Began Treasury Job With Flurry of Calls and Meetings, Calendar Shows

WASHINGTON (Reuters) - U.S. Treasury Secretary Janet Yellen began her new job with a packed schedule of calls and meetings with high-powered...
Tags: Washington, Janet Yellen, Reuters U S Treasury, Yellen Began Treasury Job With Flurry of Calls


U.S. Treasury's Yellen Says Regulators to Meet Monday to Discuss Stablecoins

(Reuters) - U.S. Treasury Secretary Janet Yellen will meet with regulators next week to discuss "interagency work" on stablecoins, a rapidly...
Tags: Janet Yellen, Yellen, U S Treasury, Reuters U S Treasury


US stocks gain as jump in retail sales in June points to steady pace of economic recovery

Xinhua/Wang Ying/ Getty Images US stocks gained on Friday as June retail sales jumped 0.6%, beating expectations.US consumers spent $621 billion at retail stores in June, besting an expected 0.4% decline.The move higher in stocks comes a day after rising inflation concerns spared a sell-off.Sign up here for our daily newsletter, 10 Things Before the Opening Bell.US stocks edged higher on Friday amid June retail sales data that showed a surprise increase of 0.6%, besting expectations of a 0...
Tags: Finance, US, Trends, Markets, Paypal, Treasury, Janet Yellen, Stock Market, Jack Dorsey, S&P 500, Dow Jones Industrial Average, Fed, Jerome Powell, Matthew Fox, Moderna, COVID


Yellen Says Concerned About Housing Prices but Inflation to Calm

WASHINGTON (Reuters) - U.S. Treasury Secretary Janet Yellen expressed concerns about housing affordability on Thursday and said she expected...
Tags: Washington, Janet Yellen, Yellen, Reuters U S Treasury


What America's CEOs are saying on inflation: We're going to charge you more

In this photo illustration, hands are seen counting $100 bills. Valera Golovniov/SOPA Images/LightRocket via Getty Images Inflation, or increased pricing for goods, is on the rise as the economy reopens. Biden's administration and the Fed says the price increases should be temporary. But CEOs of major companies are saying that higher prices could persist. See more stories on Insider's business page. The country is reopening and the economy is recovering from the pandemic, and while...
Tags: Europe, Labor, America, Trends, Joe Biden, Bureau of Labor Statistics, United States, Treasury, Janet Yellen, Republican, Biden, Pasadena, Pepsico, Jamie Dimon, Cnbc, Blackrock


Hong Kong police arrest four over alleged $155 million Tether money laundering scheme

Regulators are paying close attention to the crypto world. Cesc Maymo/Getty Images Hong Kong authorities arrested four men over an alleged $155 million money laundering scheme, according to reports. The men, aged between 24 and 33, had made transactions in Tether on a trading platform, officials said. Cryptocurrencies have long been used in crime, as they can provide anonymity and be hard to trace. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Hong Kong customs ...
Tags: Hong Kong, UK, London, Trends, Bloomberg, Janet Yellen, US Treasury, Metropolitan Police, Seattle, US District Court, Harry Robertson, Cesc Maymo Getty


What the growing federal focus on ESG means for private markets

Anthony Cimino Contributor Share on Twitter Anthony Cimino, head of policy at Carta, works with policymakers and innovators to drive economic opportunity through expanding equity ownership and private market liquidity. The increasing regulation of ESG (environmental, social, governance) disclosure reporting may have started in the public markets, but will almost certainly have downstream effects for private market actors — for...
Tags: TC, Column, Congress, Opinion, Government, Senate, Tech, Joe Biden, Policy, Venture Capital, SEC, Private Equity, Environmentalism, Janet Yellen, GreenTech, ESG


Yellen, Powell to Discuss Hot U.S. Housing Market - Bloomberg News

(Reuters) -U.S. Treasury Secretary Janet Yellen and Federal Reserve Chair Jerome Powell will discuss the hot housing market and its risks with...
Tags: Janet Yellen, Federal Reserve Chair, Jerome Powell, Reuters U S Treasury, Yellen Powell, Discuss Hot U S Housing Market Bloomberg News


U.S. Treasury's Yellen Says Carbon Pricing Can Work, With Caveats

BRUSSELS (Reuters) -U.S. Treasury Secretary Janet Yellen acknowledged on Tuesday the use of carbon-pricing schemes such as a planned new European...
Tags: Janet Yellen, Yellen, U S Treasury, BRUSSELS Reuters U S Treasury


Yellen Says Prepared to Launch Treasury Debt Limit Measures

BRUSSELS (Reuters) - U.S. Treasury Secretary Janet Yellen said on Tuesday she would notify Congress that she will immediately launch extraordinary...
Tags: Congress, Janet Yellen, Yellen, Launch Treasury Debt Limit Measures, BRUSSELS Reuters U S Treasury


U.S. Treasury's Yellen 'Pleased' With Delay to EU Digital Levy

BRUSSELS (Reuters) - U.S. Treasury Secretary Janet Yellen told Reuters on Tuesday she was pleased by the European Commission's decision to delay...
Tags: European Commission, Janet Yellen, Yellen, Reuters, U S Treasury, BRUSSELS Reuters U S Treasury, EU Digital Levy


China Slams Yellen's Call for US-European 'Unified Front'

China has denounced an appeal by Treasury Secretary Janet Yellen for a U.S.-European “unified front” against Chinese “unfair economic practices” and human rights abuses.
Tags: China, Treasury, Janet Yellen, Yellen, US European Unified Front


Yellen Urges EU to Back Global Tax Deal, Keep Fiscal Support

By David LawderBRUSSELS (Reuters) -U.S. Treasury Secretary Janet Yellen urged European Union countries on Monday to sign on to a global deal to...
Tags: Eu, European Union, Janet Yellen, Yellen, Reuters U S Treasury, David LawderBRUSSELS


2 ways jobs and pay didn't make sense before the pandemic that are now 'unwinding', according to a top economist

U.S. Federal Reserve Chair Janet Yellen (L) greets Howard University Economics Professor William Spriggs (R), who serves as chief economist to the AFL-CIO, as she arrives to deliver opening remarks at a summit on diversity in the economics profession at the Federal Reserve headquarters in Washington October 30, 2014. REUTERS/Jonathan Ernst Right now, a whole lot of jobs are open - and a whole bunch of workers are quitting. But the labor market being weird is nothing new, according to econo...
Tags: Washington, Trends, Janet Yellen, Federal Reserve, AFL CIO, Howard University, Spriggs, U S Federal Reserve Chair, Juliana Kaplan, Madison Hoff, Ayelet Sheffey, William Spriggs, Howard University Economics, REUTERS Jonathan Ernst Right, AFL CIO Spriggs, William Spriggs Courtesy


US Treasury Secretary Yellen urges G20 leaders to step up vaccine-sharing support

US Treasury Secretary Janet Yellen on Sunday urged G20 leaders to step up vaccine-sharing support as the Delta coronavirus variant spreads and countries race to vaccinate as many as possible.
Tags: US, G20, Cnn, Janet Yellen, Yellen


Yellen: US Regulators to Assess Risk Posed by Climate Change

U.S. Treasury Secretary Janet Yellen says she will lead an effort by top U.S. regulators to assess the potential risk that climate change poses to America’s financial system.
Tags: US, America, Janet Yellen, Yellen, U S Treasury


U.S. Treasury's Yellen to Push Development Banks to Step up Climate Financing Effort

VENICE (Reuters) - U.S. Treasury Secretary Janet Yellen said on Sunday that she will soon instruct the major multilateral development banks to "...
Tags: Janet Yellen, Venice, Yellen, U S Treasury, Reuters U S Treasury


Yellen: Compete on Economic Strengths, Not Low Tax Rates

U.S. Treasury Secretary Janet Yellen says a proposed global minimum corporate tax would let countries compete on the strength of their economies rather than on who can offer the lowest tax rate.
Tags: Janet Yellen, Yellen, U S Treasury