Yellen announces $100 million affordable housing fund as shelter costs weigh on Biden
Treasury Secretary Janet Yellen on Monday unveiled a new slate of financing initiatives to support housing development, including a $100…
‘Russia has to pay’: G7 taps Moscow’s frozen assets in support of Ukraine
A simple principle underpins a contentious Thursday decision by the U.S. and key allies to tap profits from Russian sovereign…
Yellen: More Ukraine aid can be backed by frozen Russian assets after initial $50 billion loan
U.S. Treasury Secretary Janet Yellen said Thursday that the $50 billion loan to Ukraine that President Joe Biden and other…
Treasury Secretary Yellen says U.S. debt load is in ‘reasonable place’ if it remains at this level
Treasury Secretary Janet Yellen on Thursday said the swelling national debt is manageable as long as it stays around where…
U.S. widens sanctions on Russia to discourage countries such as China from doing business with Moscow
The United States widened its sanctions against Russia Wednesday as G7 leaders prepared to gather in Italy for a summit…
U.S. economic engagement in Indo-Pacific ‘isn’t about China,’ Commerce Secretary Raimondo says
America’s economic engagement in Indo-Pacific “isn’t about China” but for strengthening U.S. presence in the region, Commerce Secretary Gina Raimondo…
European banks in Russia face ‘awful lot of risk’, Yellen says
U.S. Treasury Secretary Janet Yellen told Reuters that European banks face growing risks operating in Russia and the U.S. is…
Biden raises tariffs on $18 billion of Chinese imports: EVs, solar panels, batteries and more
The Biden administration announced stiff new tariff rates Tuesday on $18 billion worth of Chinese imports. The White House said…
Stanley Druckenmiller gives Biden’s economic policies an ‘F,’ blames the Fed for reigniting inflation
Reckless government spending enabled by the Federal Reserve is hurting average Americans and endangering President Joe Biden’s chances at getting…
U.S. issues hundreds of sanctions targeting Russia, takes aim at Chinese companies
The United States on Wednesday issued hundreds of fresh sanctions targeting Russia over the war in Ukraine in action that took aim at Moscow’s circumvention of Western…
