Yellen: Americans’ Bank Savings ‘Remain Safe’ After Recent Collapses
Treasury Secretary Janet Yellen on Thursday told members of Congress that their bank deposits and savings “remain safe” after the collapse of Silicon Valley Bank and Signature Bank in recent days that prompted federal intervention. Speaking before the Senate Finance Committee, Yellen said that the federal government is committed to ensuring that deposits are safe […]
Treasury, White House: Confident in Regulators Response on Silicon Valley Bank Collapse
WASHINGTON—Treasury Secretary Janet Yellen met with banking regulators on Friday on the collapse of SVB Financial Group as she and the White House expressed confidence in their abilities to respond to the largest bank failure since the 2008 financial crisis. Yellen met with officials from the Federal Reserve, the Federal Deposit Insurance Corporation, and the […]
US Reaches Debt Ceiling, Forcing Treasury Into ‘Extraordinary Measures’
The United States has officially reached its statutory debt limit (pdf) of $31.381 trillion on Jan. 19 as was predicted by Treasury Secretary Janet Yellen in a letter to Congress (pdf) on Jan. 13. The Treasury Department will now have to implement extraordinary measures to prevent default on the national debt. In her letter, Yellen explained that […]
Treasury Secretary Yellen and Chinese Vice Premier Liu to Meet Amid Competition for African Influence
Officials from the United States and communist China will meet in Switzerland this week to discuss economic development and work to increase communication between the two nations on economic issues. U.S. Treasury Secretary Janet Yellen will meet Chinese Vice Premier Liu He in Zurich on Jan. 18 as part of an attempt to ease tensions […]
China In Focus Full Broadcast (Nov. 14)
President Joe Biden is meeting with Chinese leader Xi Jinping. We take a look at what the leaders talked about—and why some lawmakers are sounding alarms. Could U.S.-China economic relations be improving? Treasury Secretary Yellen says she hopes so, alongside the G-20 Summit. A spy has been caught. An American civilian defense contractor is receiving […]
OPEC Oil Cuts Bad for Global Economy, Says Yellen
Treasury Secretary Janet Yellen said a decision by the OPEC+ grouping to cut oil production was “unhelpful and unwise” for the global economy, especially emerging markets, the Financial Times said on Sunday. “We’re very worried about developing countries and the problems they face,” Yellen told the newspaper in an interview. She also criticized allies for […]
NTD Daybreak Full Broadcast (July 19)
U-S Treasury Secretary Janet Yellen with some strong words for countries that threaten international economic order. Find out what Yellen has to say about China.
Panic breaks out in a Las Vegas hotel over the weekend. With people scrambling to quickly get out.
The good Samaritan in the Indiana shooting was identified. And more details are revealed about the gunman’s actions.
US Treasury Secretary Janet Yellen Slams China; Greenwood’s Good Samaritan Identified in Indiana Shooting | NTD Good Morning
U.S. Treasury Secretary Janet Yellen had some strong words for countries that threaten international economic order. Find out what Yellen has to say about China. Panic breaks out in a Las Vegas hotel over the weekend, with people scrambling to quickly get out. The good Samaritan in the Indiana shooting was identified, and more details […]
US Wants to End Dependence on China Rare Earths: Treasury Secretary
SEOUL—The United States wants to end its “undue dependence” on rare earths, solar panels, and other key goods from China to prevent Beijing from cutting off supplies as it has done to other countries, U.S. Treasury Secretary Janet Yellen said. Yellen, who arrived in Seoul late on Monday, told Reuters she was pushing for increased […]