The Latest Breaking News from Janet Yellen

US lawmakers urged the government Monday to rethink banking ties with Hong Kong, citing its "increasing role" in money laundering, sanctions evasions and reported funneling of banned technology to Russia.

The prediction market puts Bessent’s odds of getting the nod at 67%.

Andriy Kostin forced out over rash of officials getting disabled status; North Korean soldiers ‘about to arrive in Kursk’. What we know on day 973

US Treasury Secretary Janet Yellen appeared to take aim at former president Donald Trump's economic approach Tuesday, saying the current US administration has "rejected isolationism that made America and the world worse off."

The United States plans to contribute $20 billion to a G7 loan package for Ukraine and could soon announce new sanctions targeting Russian weapons procurement, Treasury Secretary Janet Yellen said Tuesday.

Treasury Secretary Janet Yellen is telling world financial leaders that the U.S. economy has grown stronger because the Biden administration rejected isolationism, offering a barely veiled criticism of former President Donald Trump’s policies two weeks before the U.S. election

The record outlay during fiscal 2024 represents an annual increase of 29 percent, with the Treasury Department saying higher rates were 'largely' to blame.

The Treasury Department's recovery this fiscal year, a significant jump from the $652.7 million recovered in FY23, is driven by the Office of Payment Integrity (OPI) within the Bureau of the Fiscal Service strengthening its fraud prevention efforts.

Treasury Secretary Yellen explains Biden administration's stance on tariffs and fiscal policy, emphasizing fair trade practices and fiscal sustainability.