Treasury chief Yellen defends Biden budget against Republican senators’ fears of tax increases
WASHINGTON — Treasury Secretary Janet Yellen on Thursday defended President Joe Biden’s 2025 fiscal budget proposal as Republican senators said they…
Yellen touts electric vehicle ‘boom’ as automakers tone down hype
Treasury Secretary Janet Yellen on Wednesday lauded President Joe Biden’s investment in electric vehicles for accelerating the sector, even as…
Treasury proposes rule to extend anti-money laundering regs to investment advisers
The Treasury Department’s corruption watchdog on Tuesday issued new proposed regulations that would extend major pieces of the anti-money laundering…
U.S. Treasury team heads to China to talk subsidies, economic policies
The Biden administration has sent five senior U.S. Treasury officials to Beijing this week for economic talks that will include China’s “non-market” policies that are adding excess industrial capacity,…
Treasury chief Yellen touts GDP numbers as a boon to the middle class
WASHINGTON — Treasury Secretary Janet Yellen praised the positive economic growth numbers on Thursday as a benefit for the middle…
Trump is a ‘transactional president’ but may not rock the boat on China, Standard Chartered CEO says
Former U.S. President Donald Trump would be a “transactional president” if he returns to power, but is unlikely to blow…
U.S. companies in no hurry to disclose ownership under new Treasury rule
WASHINGTON — Treasury Secretary Janet Yellen on Monday announced that just one week after a major new reporting requirement went…
U.S. takes aim at financial institutions with new Russia sanctions authority
U.S. President Joe Biden on Friday signed an executive order paving the way for Washington to impose sanctions on financial…
‘Too many things unaffordable:’ Biden fires up price wars as inflation cools
New data from the Federal Reserve suggests that inflation further cooled in November. But President Joe Biden’s crusade to convince…
Supply chains, trade top agenda for Yellen Mexico trip
WASHINGTON — Treasury Secretary Janet Yellen will travel to Mexico City this week to strengthen economic ties with America’s top…
