Janet Yellen

Government, Business

US Might Need to Produce More of Its Own Goods, Yellen Says

Treasury Secretary Janet Yellen Yellen also conceded that the continued low supply of labor was “a mystery” amid the high demand for workers. (Greg Nash/The Hill via Bloomberg News)

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.

Christopher Condon | Bloomberg News
December 7, 2021
Government, Business

Yellen Warns Delay in Raising Debt Limit Will Slow Economy

Treasury Secretary Janet Yellen (left) and Federal Reserve Chairman Jerome Powell Treasury Secretary Janet Yellen (left) and Federal Reserve Chairman Jerome Powell appear before a Senate Banking, Housing and Urban Affairs Committee Sept. 28. (Kevin Dietsch/Pool via Associated Press)

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.

Christopher Rugaber | Associated Press
September 28, 2021
Government, Business

Yellen Favors Higher Company Tax

Treasury Secretary Janet Yellen by Shawn Thew/EPA/Bloomberg News Treasury Secretary Janet Yellen by Shawn Thew/EPA/Bloomberg News

Treasury Secretary Janet Yellen said President Joe Biden favors boosting taxes on companies, and signaled openness to considering raising rates on capital gains, while steering clear of a wealth levy.

February 22, 2021
Business

Fed's Yellen Sees Rate Hikes Ahead, But Few Hints on When

By Charles Mostoller/Reuters

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.

June 6, 2016
Business

Trucking Ready for Increases as Interest Rate Hikes Begin

Andrew Harrer/Bloomberg News

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.

Jonathan S. Reiskin | Associate News Editor
December 21, 2015