U.S. Treasury Secretary Janet Yellen is throwing cold water on expectations that the agency will provide relief to foreign automakers lobbying against stringent limits on a popular electric vehicle tax credit.
U.S. Treasury Secretary Janet Yellen called on “trusted” U.S. allies to strengthen trade relationships to shore up global supply chains disrupted by the pandemic, worsened by Russia’s war in Ukraine and threatened longer term by a reliance on China.July 19, 2022
Treasury Secretary Janet Yellen said that U.S. reliance on foreign supply chains has proved a vulnerability and that the country needs to produce more critical goods domestically to protect its economic and national security.
WASHINGTON — Treasury Secretary Janet Yellen sounded an urgent call Sept. 28 for Congress to raise the government’s borrowing limit, a day after Senate Republicans blocked consideration of a bill that would have done so.
PHILADELPHIA — Federal Reserve Chair Janet Yellen on June 6 gave a largely upbeat assessment of the U.S. economic outlook and said interest rate hikes are coming, but, in an omission that stood out to some investors, gave little sense of when.
The Federal Reserve raised interest rates Dec. 16, announcing a quarter-point increase from the record lows set during the financial crisis of the 2008-2009 recession.