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The Latest Breaking News from Janet Yellen

IRS Direct File Will Be Permanent, Competing With TurboTax, H&R Block

The IRS says it will bring Direct File back next tax season.

Kiplinger

Biden announces new tariffs on imports of Chinese goods, including electric vehicles

President Biden is keeping the tariffs on Chinese imports put in place by his predecessor and 2024 opponent, former President Donald Trump. And he's adding new ones for things like electric vehicles.

WEKU

Biden targets China — and Trump — with new tariffs

The goal is to protect America's new green tech and manufacturing industries.

Axios

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Yellen Foresees Chinese Response To Expected US Tariffs

US and China trade tensions rise as potential tariff actions loom, sparking global economic concerns.

Top News

FDIC Report Reveals Unacceptable Abuses, Yellen Condemns

Treasury Secretary Janet Yellen condemns sexual misconduct at FDIC, calls for accountability and prevention measures in response to report findings.

Top News

Yellen Urges Congress Action On Nonbank Mortgage Sector

US Treasury Secretary Janet Yellen highlights the need for regulatory oversight and consumer protection in the growing nonbank mortgage sector.

Top News

Yellen Urges Action To Curb US Mortgage Market Risks

US Treasury Secretary Janet Yellen flagged risks posed in the mortgage market Friday, as regulators released recommendations to address the sector's vulnerabilities.

International Business Times

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The Automotive Cold War Is Officially Underway

Chinese electric cars are getting slapped with a new 100% tariff, according to The Wall Street Journal.

InsideEVs

How food and chopstick skills are helping ease US-China tensions

What officials eat and how have become key ingredients in efforts to find common ground in a testy relationship.

Al Jazeera

Final EV Tax Credit Rules Don’t Change Much for Consumers

Treasury and IRS have finalized regulations for the up to $7,500 electric vehicle tax credit.

Kiplinger

Yellen Warns Against Economic Consequences Of Democratic Erosion

Treasury Secretary Yellen's speech warns of economic risks tied to democratic erosion and authoritarianism, emphasizing the importance of upholding democra...

Top News

Warren Says Iran's 'Increasingly Lucrative' Crypto Mining Industry Used To Evade Sanctions

U.S. senators Warren and King Jr. have once again asked the Biden administration to provide details about the extent of Iran's crypto mining industry, which they said was being used to evade sanctions and fund terrorism.

International Business Times

Yellen Warns Eroding US Democracy Threatens Economic Growth

Treasury Secretary Yellen warns of economic risks from eroding democracy and Federal Reserve threats, emphasizing the critical link between political stabi...

Top News

US sanctions hundreds of individuals, firms over Russia’s war in Ukraine

Measures target nearly 300 entities, including 20 firms based in China and Hong Kong.

Al Jazeera

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Yellen: US Economy Strong, Options Open On China Overcapacity

Former Fed Chair Janet Yellen's views on US economy and China's overcapacity offer valuable insights amidst global economic uncertainty.

Top News

Yellen Discusses Options For Frozen Russian Assets

Treasury Secretary Yellen discusses potential responses to frozen Russian assets amid escalating tensions. Yellen emphasizes careful consideration and stra...

Top News

US To Address China Overcapacity With All Options Open

US Treasury Secretary Yellen discusses US response to China's overcapacity issues and commitment to fair trade practices.

Top News

US Economy Strong Despite Weaker First-Quarter GDP Reading

US Treasury Secretary Yellen remains optimistic about the economy despite slower GDP growth. Inflation expected to trend lower with efforts to manage costs...

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Top News

American Companies In China Concerned About Tensions With Beijing

Discover the challenges faced by American companies in China due to tensions and unclear policies, along with recommendations for improved business environ...

Top News

Bangkok-Based Plastics Firm Fined Million For Iran Sanctions

SCG Plastics settles with U.S. Treasury for million over Iran sanctions violations, amid escalating tensions and additional sanctions on Iran.

Axios

Biden admin unveils new sanctions on Iran for "unprecedented" attack on Israel

The move is meant to punish Tehran for the attack against Israel without escalating the situation militarily.

Top News

US Imposes New Sanctions On Iran Over Drone Attack

US announces new sanctions on Iran's drone program and related industries following attack on Israel. Measures aim to disrupt Iran's activities and isolate...

Top News

Yellen Criticizes GOP Delay In Ukraine Aid Approval

U.S. Treasury Secretary criticizes delays in Ukraine aid approval, stressing urgency amid tensions.

International Business Times

Markets Rise As Traders Consider US Rate Outlook

Asian markets rose Thursday with traders mulling the outlook for US interest rates as Federal Reserve officials questioned the need for a cut anytime soon.

Latin Times

U.S. says new sanctions on Iran coming soon

US National Security Advisor Jake Sullivan said that the United States will impose new sanctions targeting Iran, including its missile and drone program as well as the Revolutionary Guards and the Iranian defense ministry.

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