Janet Yellen

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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,…
Politics

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…
Finance

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…
Politics

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…
Politics

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…
Politics

‘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…
Politics

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…
Politics

Yellen says Biden, Xi remain far apart on Taiwan’s independence post-APEC

Treasury Secretary Janet Yellen said Monday that U.S. President Joe Biden and Chinese President Xi Jinping remained far apart on…
Politics

Yellen says high food and rent prices key factors in voters’ negative economic outlook

WASHINGTON — Treasury Secretary Janet Yellen pointed to the consistently higher prices that Americans pay for food and rent today,…
Politics

Yellen and China’s He to ‘intensify communication’ after pre-APEC meetings

U.S. Treasury Secretary Janet Yellen and Chinese Vice Premier He Lifeng agreed to “intensify communication” and work together on a…