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The Latest Breaking News from Janet Yellen

Yellen Expects Quick FDIC Nominee Announcement From White House

The White House is actively working to select a nominee for the FDIC, emphasizing transparency and accountability in the process.

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Yellen Supports Ukraine Loan Plan, More Work Needed

Treasury Secretary Yellen announces strong support for Ukraine loan plan to aid economic stability and recovery.

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Hopes grow of G7 deal to support Ukraine with $300bn in frozen Russian assets

Foreign ministers confident of agreement to use bank assets as security for Ukraine reconstruction loan

The Guardian - UK

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US pushes for Ukraine aid, united front against China's trade practices at G7 finance meeting

The U.S. is seeking to build support for squeezing more money for Ukraine out of frozen Russian assets as finance ministers from the Group of Seven rich democracies open a two-day meeting Another key topic pushed by U.S. Treasury Secretary Janet Yellen will be building a united front against China’s…

The Independent UK

Yellen Worried About Israel Threats To Palestinian Banks

U.S. Treasury Secretary expresses concern over Israel's threats to Palestinian banks amid escalating tensions in the region.

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Yellen Urges G7 Action Against China's Industrial Overcapacity

Former Fed Chair Yellen urges G7 nations to unite against China's industrial overcapacity, highlighting global economic concerns.

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With Ukraine losing ground, allies debate how to squeeze cash for Kyiv out of frozen Russian assets

Ukraine's allies are looking for ways to squeeze money out of frozen Russian assets and use the money to help Ukraine fend off Russia's invasion

The Independent UK

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Russian Assets Plan For Aiding Ukraine To Dominate G7 Meet

G7 finance ministers gather in Italy on Thursday for a three-day meeting dominated by plans to use Russian assets to help Ukraine, as well as new sanctions on Moscow and the commercial threat posed by China.

International Business Times

Brazil, France, Spain, Germany and S. Africa Push To Tax Billionaires 2% Yearly; US Says No

Yellen announces US opposition to global wealth tax, despite support from Brazil, France, and others.

International Business Times UK

Ukraine war briefing: Worse than Bakhmut but now we have shells, say Kharkiv defenders

Ukraine says last Russian cruise missile ship in Crimea destroyed; give us Russia’s frozen assets, not just the interest, says Kuleba. What we know on day 819

The Guardian - AU

Yellen Urges German Banks To Comply With Russia Sanctions

U.S. Treasury Secretary Janet Yellen warns German banks to comply with American sanctions on Russia amid Ukraine crisis, emphasizing the importance of stri...

Top News

Janet Yellen urges EU to join US in curbs on cheap Chinese exports

Comments come as Commission president hints EU could impose tariffs on Chinese electric vehicles

The Guardian - UK

G7 Push To Use Russian Assets For Ukraine 'Vital And Urgent': Yellen

It is "vital and urgent" for the United States and allies to find a way to tap immobilized Russian assets in helping Ukraine, US Treasury Secretary Janet Yellen said in prepared remarks released Monday.

International Business Times

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

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WEKU

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.

Axios

Biden targets China — and Trump — with new tariffs

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

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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.

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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.

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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.

International Business Times

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.

InsideEVs

The Automotive Cold War Is Officially Underway

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

Al Jazeera

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.

Kiplinger

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.

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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...

International Business Times

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.

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