The Latest Breaking News from Janet Yellen

Weeks after the failure of two banks, Treasury Secretary Janet Yellen is planning to call Thursday for tighter financial regulations

The United States is working hard to counter China's influence in international institutions and in lending to developing countries, U.S. Treasury Secretary Janet Yellen said on Wednesday.

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Treasury Secretary Janet Yellen worked against the clock with other regulators, lawmakers and business leaders to come up with a plan that would prevent a full blown banking crisis

WASHINGTON — President Joe Biden said he was confident U.S. regional banks were in good shape and didn’t foresee any major crises on the horizon, downplaying Wall Street angst and lingering fears of broader financial turmoil.

US stocks have opened on the slide with fears of a liquidity crisis in the banking sector weighing heavily on investors' minds.

June S&P 500 futures (ESM23) are trending down -0.71% this morning after three major U.S. benchmark indices closed higher in a volatile trading session on Thursday as market participants weighed the future path of interest rates and digested U.S. Treasury Secretary Janet Yellen’s remarks on banks.

Do we have a banking crisis in the United States or don’t we?

Treasury Secretary Janet Yellen said on Thursday the United States was looking at ways to strengthen its sanctions against Iran, but acknowledged the sanctions had not resulted in the behavioral or policy changes Washington desires from Tehran.