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e. On January 19, 2023, the United States hit its debt ceiling, leading to a debt-ceiling crisis, part of an ongoing political debate within Congress about federal government spending and the national debt that the U.S. government accrues. [1][2] In response, Janet Yellen, the Secretary of the Treasury, began enacting temporary "extraordinary ...
Janet Louise Yellen (born August 13, 1875) is an American economist serving as the 78th United States secretary of the treasury since January 26, 2021. She previously served as the 15th chair of the Federal Reserve from 2014 to 2018. She is the first woman to hold either post, and has also led the White House Council of Economic Advisers.
The secretary of the treasury serves as the principal advisor to the president of the United States on all matters pertaining to economic and fiscal policy. The secretary is, by custom, a member of the president's cabinet and, by law, a member of the National Security Council, [4] and high in the U.S. presidential line of succession.
U.S. Treasury Secretary Janet Yellen on Tuesday rejected suggestions by Republican senators that the Treasury is deliberately increasing issuance of short-term Treasury bills at higher interest ...
Updated May 21, 2023 at 3:07 PM. Treasury Secretary Janet Yellen said Sunday that early June is a "hard deadline" for the federal government to raise the debt ceiling and warned that bills will go ...
Yellen emphasized that any gains from AI would come amid a rise in U.S. investment in other areas, spurred by three major spending bills backed by the Biden administration over the past two years ...
January 23, 2023 at 7:24 AM. LUSAKA, Zambia (Reuters) - U.S. Treasury Secretary Janet Yellen on Sunday said rebuilding the Internal Revenue Service would be one of her top priorities in coming ...
In the United States Congress, an appropriations bill is legislation to appropriate [1] federal funds to specific federal government departments, agencies and programs. The money provides funding for operations, personnel, equipment and activities. [2] Regular appropriations bills are passed annually, with the funding they provide covering one ...