Former Biden Treasury Secretary Janet Yellen affirmed last year that tariffs do not raise prices: “I don’t believe that ...
Treasury Secretary Scott Bessent said he will hold his first introductory call with his Chinese counterpart on Friday, and ...
Yellen appeared on “The Late Show with Stephen Colbert” on Wednesday, where she and Colbert discussed President-elect Trump’s tariff plan and the impacts it would have on everyday Americans. ...
Yellen announced the suspension of investments in two government employee benefit funds until March 14, aiming to restore borrowing capacity under the $36.1 trillion debt ceiling. As of last ...
(Bloomberg) -- A small globe sits on the corner of Janet Yellen’s desk, covered in cork and pierced by dozens of colorful pins marking all the places she traveled as Treasury secretary.
Longer-dated US Treasuries rose after Bessent’s comments. Ten-year yields were down about 2 basis points, at 4.51% as of 8:39 a.m. in New York. Yields remain well above their pre-pandemic levels, when ...
Treasury Secretary Janet Yellen defended the Biden administration’s economic performance in her last official policy speech, arguing the U.S. has outperformed rivals as she outlined the trade ...
Treasury Secretary Janet Yellen said that Biden-era stimulus spending may have contributed "a little bit" to the country's subsequent inflation woes. But the widespread rise in prices was mostly ...
Yellen said supply chain issues and shortages were the main factor driving up prices during the pandemic, but conceded that stimulus spending could have played a role as well. “It may have ...
Treasury Secretary Scott Bessent said that any move to boost the share of longer-term Treasuries in government debt issuance ...