U.S. Treasury's New Tribal Office Takes Aim At Tax, Finance Inequities -Yellen
U.S. Treasury Secretary Janet Yellen said on Tuesday the department's new Office of Tribal and Native Affairs will to try to address chronic tax and financing inequities faced by tribes, but will need Congress to sustain it beyond the Biden administration.
Yellen Says Biden To Appoint First Native American As U.S. Treasurer
U.S. Treasury Secretary Janet Yellen on Tuesday will announce the appointment of Mohegan Indian Tribe Lifetime Chief Marilynn Malerba as U.S.
Biden Appoints First Native American As U.S. Treasurer, With Signature On Money
U.S. President Joe Biden on Tuesday announced his intention to appoint Mohegan Indian Tribe Lifetime Chief Marilynn Malerba as U.S.
Biden Appoints First Native Woman As U.S. Treasurer, With Signature On Money
U.S. President Joe Biden on Tuesday announced his intention to appoint Mohegan Indian Tribe Lifetime Chief Marilynn Malerba as U.S.
Yellen Says Gasoline Tax Holiday Worth Considering As Anti-inflation Tool
U.S. Treasury Secretary Janet Yellen said on Monday that a gasoline tax holiday should be considered as a way to address inflation, even if it is "not perfect" and may not result in all of the reduction passed on to consumers.
Yellen, Canada's Freeland Present United Front On Ukraine, Economic Challenges
U.S. Treasury Secretary Janet Yellen met with Canadian Finance Minister Chrystia Freeland on Monday, pledging cooperation on issues ranging from sanctions against Russia to increasing energy production and strengthening supply chains.
U.S. Treasury's Yellen To Visit Sioux Tribe Next Week, Discuss COVID Aid
U.S. Treasury Secretary Janet Yellen will visit the Rosebud Sioux Tribe next week in South Dakota to discuss COVID-19 aid funding and make good on her pledge last year to visit a Native American nation, Treasury and tribal officials said on Monday.
U.S. Treasury's Yellen To Visit Sioux Tribe, Meet Canadian Counterpart Next Week
U.S. Treasury Secretary Janet Yellen will visit the Rosebud Sioux Tribe next week in South Dakota to discuss COVID-19 aid funding and will travel to Toronto to meet Canadian Finance Minister Chrystia Freeland, the Treasury said on Monday.
Yellen Says Some China Tariff Cuts May Be Warranted, Not Inflation 'Panacea'
U.S. Treasury Secretary Janet Yellen said on Wednesday the Biden administration was looking to "reconfigure" tariffs on Chinese imports but warned that such cuts would not be a "panacea" for easing high inflation.
Yellen Says High U.S. Inflation Won't Be A Decade-long Problem
U.S. Treasury Secretary Janet Yellen said on Wednesday that inflation would not be a decade-long problem for the United States and that the Biden administration's COVID-19 rescue spending contributed only "modestly" to price hikes.
USTR Tai Says Fighting Inflation More Complicated Than Cutting China Tariffs
U.S. Trade Representative Katherine Tai on Monday said fighting inflation is a more complicated issue than can be addressed with a "singular focus" on China tariffs, and that it was important to bring a "thoughtful, deliberate, strategic" approach to the U.S.-China trade relationship.
USTR Tai Says Fighting Inflation More Complex Than Cutting China Tariffs
U.S. Trade Representative Katherine Tai on Monday said fighting inflation is a more complicated issue than can be addressed with a "singular focus" on China tariffs, and that it was important to bring a "thoughtful, strategic, deliberate" approach to the U.S.-Chinese trade relationship.
U.S.-Taiwan Trade Talks Could Outpace Indo-Pacific Effort -USTR Official
New U.S. trade negotiations with Taiwan could move more quickly than broader talks with 12 Indo-Pacific countries given strong interest in Taipei and Washington in deepening economic ties, Deputy U.S.
U.S. Recovery Extends Social Security, Medicare Funds Slightly -trustees
A stronger-than-expected recovery from the COVID-19 pandemic will slightly delay the dates when Social Security and Medicare funds are depleted, trustees for the federal benefit programs said on Thursday, warning that growing economic uncertainty may alter the projections.
Yellen Says She Was 'Wrong' About Inflation Path; Biden Backs Fed
U.S. Treasury Secretary Janet Yellen said on Tuesday that she was wrong in the past about the path inflation would take, but said taming price hikes is President Joe Biden's top priority and he supports the Federal Reserve's actions to achieve that.
Yellen Says She Was 'Wrong' About Inflation Path, Biden Supports Fed Actions
U.S. Treasury Secretary Janet Yellen said taming price hikes is President Joe Biden's top priority and he supports the Federal Reserve's actions to achieve that.
Biden Considering Move On Chinese Goods Tariffs-Treasury's Adeyemo
U.S. Deputy Treasury Secretary Wally Adeyemo said on Tuesday that the Biden administration is considering whether to cut some tariffs on Chinese goods, but needs to balance short-term price reduction goals against the longer-term need to address unfair competition from China.
CBO Sees Sharp Reduction In FY 2022 Deficit, But Slowing Economy To Boost Debt
The U.S. budget deficit will shrink dramatically to $1.036 trillion for fiscal 2022 from $2.775 trillion last year as a strong recovery prompts a surge in revenues and lower outlays, but slowing growth will start to reverse the trend, the Congressional Budget Office said on Wednesday.
Yellen Says G7 To Give Ukraine Funds It Needs 'To Get Through This'
U.S. Treasury Secretary Janet Yellen said the G7 finance leaders on Thursday agreed to provide Ukraine the financial resources it needs in its struggle against Russia's invasion, and that policymakers are determined to meet their inflation targets.
Yellen Confirms She Is Pressing Biden For Some China Tariff Reductions
U.S. Treasury Secretary Janet Yellen on Wednesday confirmed she is advocating within the Biden administration for eliminating some tariffs on Chinese imports that "aren't very strategic" but are hurting U.S.
Yellen: Not Legal For U.S. To Seize Russian Official Assets
The United States does not have legal authority to seize Russian central bank assets frozen due to its invasion of Ukraine, Treasury Secretary Janet Yellen said on Wednesday, but talks with U.S.
World Bank To Offer $30 Billion As Ukraine War Threatens Food Security
The World Bank said on Wednesday it will make $30 billion available to help stem a food security crisis threatened by Russia's war in Ukraine, which has cut off most grain exports from the two countries.
Yellen Calls On U.S., European Allies To Confront China Together
U.S. Treasury Secretary Janet Yellen stepped up her criticism of China's economic and trade practices on Tuesday, calling on the United States and its allies in Europe to band together to challenge Beijing and diversify supply chains.
Yellen Calls On U.S. Allies To Step Up Funding For Ukraine
U.S. Treasury Secretary Janet Yellen called for U.S.
Yellen Links Russia Sanctions To 1940 U.S. Asset Freezes Aimed At Nazis
U.S. Treasury Secretary Janet Yellen on Monday drew parallels between the financial pressure that the United States and its allies are imposing on Russia to the efforts of a 1940s Treasury secretary to deny financial resources to Nazi Germany.
Yellen Reaches No Breakthrough In Poland Tax Talks, Says More Work Needed
U.S. Treasury Secretary Janet Yellen said there was no breakthrough in talks on Monday to persuade Poland to implement a 15% global corporate minimum tax and more work was needed to address Warsaw's concerns.
U.S. Treasury's Yellen To Push Poland On Global Minimum Tax Implementation
U.S. Treasury Secretary Janet Yellen will thank Poland for hosting millions of Ukrainian war refugees on Monday, but she has another goal for meetings in Warsaw: persuading Polish leaders to back plans to implement a 15% global corporate minimum tax.
U.S. Treasury's Yellen Presses Poland On Global Minimum Tax
U.S. Treasury Secretary Janet Yellen thanked Polish leaders on Monday for hosting millions of Ukrainian war refugees but pressed them to back the European Union's plans to implement a 15% global corporate minimum tax.
Malaysia Touts Trade Access As U.S. Indo-Pacific Plan Only A 'Good Beginning' -trade Chief
Malaysia views U.S. President Joe Biden's proposed Indo-Pacific economic bloc as a welcome initiative but sees a bigger immediate opportunity in selling its access to a China-led trade pact to lure investment from global companies, Malaysia's trade minister said on Friday.
U.S. Treasury Posts Record Budget Surplus In April As Revenues Soar
The U.S. government posted a $308 billion surplus in April -- a record for any month -- as receipts nearly doubled from a year earlier amid a strong economic recovery from the COVID-19 pandemic, the Treasury Department said on Wednesday.
