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Recorded March 23, 2023. Janet Louise Yellen (born August 13, 1946) 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 ...
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] Under the Appointments Clause of the United States Constitution ...
Updated. 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 unpaid if Congress ...
t. 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 ...
WASHINGTON (Reuters) -A $1.2 trillion government funding bill passed by Congress will allow the U.S. to lend up to $21 billion to an International Monetary Fund (IMF) trust to help the world’s ...
Yellen is referring to the personal consumption expenditures (PCE) price index, which rose 2.7% in March 2024 from a year ago. This is up from a 2.5% annual increase in February but down ...
Yellen sounded the alarm over possible financial market consequences if the debt ceiling is not raised by early June, when she has said the federal government could run short of cash to pay its bills.
Treasury Secretary Janet Yellen is urging Congress to quickly pass legislation to keep the government funded beyond a looming Friday shutdown deadline. “Failing to fund the government by this ...