Janet Yellen says Biden spurred electric vehicle investment boom

U.S. Treasury Secretary Janet Yellen testifies before a House Financial Services Committee hearing on the “Annual Report of the Financial Stability Oversight Council” on Capitol Hill in Washington, D.C., on Feb. 6, 2024. Amanda Andrade-rhoades | Reuters Treasury Secretary Janet Yellen on Wednesday lauded President Joe Biden’s investment in electric vehicles for accelerating the sector, … Read more

Yellen says 100,000 firms have joined a business database aimed at unmasking shell company owners

WASHINGTON (AP) — Treasury Secretary Janet Yellen is announcing that 100,000 businesses have joined a new database that collects “beneficial ownership” information on firms as part of a new government effort to unmask shell company owners. Yellen, in remarks prepared for delivery Monday, says the new Treasury database that is collecting beneficial ownership information sends … Read more

Janet Yellen outlines plan to improve ties

U.S. Treasury Secretary Janet Yellen outlines the improvements the IRS will deliver to taxpayers in 2024, during remarks at IRS Headquarters in Washington, U.S., November 7, 2023. REUTERS/Kevin Lamarque Kevin Lamarque | Reuters U.S. Treasury Secretary Janet Yellen underscored her priorities aimed at stabilizing frigid ties between the United States and China late Thursday. Yellen, … Read more

U.S. can ‘certainly’ afford military support to both Israel and Ukraine, Janet Yellen says

Janet Yellen, United States Secretary of Treasury, participates in global infrastructure and investment forum in New York, Thursday, Sept. 21, 2023.  Pool | Via Reuters U.S. Treasury Secretary Janet Yellen said the country can “absolutely” afford to financially support both Israel and Ukraine in their respective war efforts. President Joe Biden in a post on … Read more

Janet Yellen says Americans should anticipate a decline in the USD as the world’s reserve currency — what you need to know and how to prepare

‘A natural desire to diversify’: Janet Yellen says Americans should anticipate a decline in the USD as the world’s reserve currency — what you need to know and how to prepare The U.S. dollar saw an 8% decline in its share of global reserves in 2022 — causing some to question whether the dollar’s days … Read more

Janet Yellen hails modest good points in financial talks with Chinese language leaders

Touch upon this storyComment BEIJING — Treasury Secretary Janet L. Yellen, concluding a high-stakes diplomatic mission to China on Sunday, mentioned her talks with Chinese language leaders had marked a “step ahead” in efforts to stabilize relations between the world’s two largest economies. Yellen acknowledged “vital disagreements” that also divide the 2 nations. She mentioned … Read more

Janet Yellen feedback on U.S.-China relations throughout Beijing go to

U.S. Treasury Secretary Janet Yellen addresses journalists in a press convention July 9 capping her four-day Beijing go to. She mentioned “direct, substantive and productive” talks have set relations between the world’s two largest economies on a “surer footing.” Pedro Pardo | Afp | Getty Photographs U.S. Treasury Secretary Janet Yellen mentioned 10 hours of … Read more

Yellen says she’s ‘involved’ about China’s new export controls in her first public remarks in Beijing

U.S. Treasury Secretary Janet Yellen (R) shakes arms with U.S. Ambassador to China Nicholas Burns (L) on her arrival in Beijing on July 6, 2023, as Yang Yingming, Director Normal of the Division of Worldwide Financial Relations of China’s Ministry of Finance, appears on. Mark Schiefelbein | Afp | Getty Pictures BEIJING — U.S. Treasury … Read more

Yellen makes first journey to China, looking for stronger ties whereas provide chains transfer away

Touch upon this storyComment Treasury Secretary Janet L. Yellen jets to Beijing this week in a check of the Biden administration’s potential to enhance relations with China whereas pursuing an financial technique geared toward lowering U.S. firms’ reliance on Chinese language factories. Her journey comes as China’s financial rebound from its strict zero-covid coverage exhibits … Read more