David Lawder

31-60 (out of 123) Our writers adhere to IBT's Editorial Guidelines.

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.

Jun 21, 2022

The U.S. Treasury building is seen in Washington, September 29, 2008.

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.

Jun 21, 2022

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.

Jun 21, 2022

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.

Jun 21, 2022

Gasoline prices are displayed at an Exxon gas station behind American flag in Edgewater, New Jersey, U.S., June 14, 2022.

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.

Jun 20, 2022

Candian Foreign Minister Chrystia Freeland speaks to journalists outside the U.S. Trade Representative's office in Washington, U.S., August 28, 2018.

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.

Jun 20, 2022

U.S. Treasury Secretary Janet Yellen testifies before a House Financial Services Committee hearing on "the State of the International Financial System,â on Capitol Hill in Washington, U.S., April 6, 2022.

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.

Jun 13, 2022

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.

Jun 13, 2022

U.S. Treasury Secretary Janet Yellen testifies during a House Ways and Means Committee hearing on President Biden's proposed 2023 U.S. budget, on Capitol Hill in Washington, U.S., June 8, 2022.

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.

Jun 08, 2022

The Federal Reserve building is seen in Washington, U.S., January 26, 2022.

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.

Jun 08, 2022

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.

Jun 06, 2022

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.

Jun 06, 2022

Flags of Taiwan and U.S. are placed for a meeting between U.S. House Foreign Affairs Committee Chairman Ed Royce speaks and with Su Chia-chyuan, President of the Legislative Yuan in Taipei

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.

Jun 02, 2022

Signs are pictured on the ground during a noon-time rally of federal employees on Independence Mall to protest proposed cuts in federal funding in Philadelphia, Pennsylvania, U.S., June 22, 2017.

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.

Jun 02, 2022

U.S. Treasury Secretary Janet Yellen testifies during a U.S. House Committee on Financial Services hearing on the Annual Report of the Financial Stability Oversight Council, on Capitol Hill in Washington, DC, U.S. May 12, 2022. Saul Loeb/Pool via REUTERS

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.

May 31, 2022

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.

May 31, 2022

European Commissioner for Financial Stability, Financial Services and the Capital Markets Union Mairead McGuinness speaks during a joint news conference with U.S. Deputy Secretary of the Treasury Wally Adeyemo (not pictured) in Brussels, Belgium March 29,

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.

May 31, 2022

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.

May 25, 2022

U.S. Treasury Secretary Janet Yellen answers questions about the current and future state of the U.S. and global economy at the Atlantic Council in Washington, U.S., April 13, 2022.

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.

May 19, 2022

U.S. Treasury Secretary Janet Yellen speaks as U.S. President Joe Biden holds a meeting with business leaders and CEOs about the debt limit at the White House in Washington, U.S., October 6, 2021.

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.

May 18, 2022

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.

May 18, 2022

The United States Department of the Treasury is seen in Washington, D.C., U.S., August 30, 2020.

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.

May 18, 2022

A Chinese flag flutters outside the Chinese foreign ministry in Beijing, China February 24, 2022.

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.

May 17, 2022

Yellen Calls On U.S. Allies To Step Up Funding For Ukraine

U.S. Treasury Secretary Janet Yellen called for U.S.

May 17, 2022

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.

May 16, 2022

Sarah Bloom Raskin, nominated to be vice chairman for supervision and a member of the Federal Reserve Board of Governors, speaks during a Senate Banking, Housing and Urban Affairs Committee confirmation hearing on Capitol Hill in Washington, D.C., U.S. Fe

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.

May 16, 2022

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.

May 16, 2022

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.

May 16, 2022

Malaysia's Minister of International Trade and Industry Azmin Ali reacts during a news conference in Putrajaya, Malaysia March 11, 2020.

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.

May 13, 2022

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.

May 11, 2022