The Latest Breaking News from Janet Yellen

Washington (AFP) - The US Treasury Department said Friday it will likely begin "extraordinary measures" next week to prevent a default on government debt, setting up a high-stakes showdown in Congress over raising the nation's borrowing limit.

Treasury Secretary Janet Yellen has notified Congress that the U.S. is projected to reach its debt limit on Thursday and will then resort to “extraordinary measures” to avoid default

WASHINGTON — President Joe Biden asked Treasury Secretary Janet Yellen to stay in her post, and she agreed, a White House official familiar with the matter said.

Many Americans made the right financial moves this year. But thanks to inflation and a threat of recession, most don't believe 2023 will improve their finances.

In an interview with Axios, she says CEOs are "reasonably optimistic" about the economy.

Next month, the U.S. Postal Service will be busier than usual. Not because of late Christmas cards or thank-you letters, but because of the extra Form 1099-Ks the IRS will be mailing out.

U.S. Treasury Secretary Janet Yellen said on Thursday that a multilateral food security program would soon announce new funding to help build resilient and sustainable agriculture and food systems, particularly in Africa.

If you want to know what it means to add insult to injury, look no further than Treasury Secretary Janet Yellen. In a recent late-night interview, she blamed inflation on consumers spending too much. Not only was Yellen complicit in creating inflation, but now she has the impudence to blame…

Treasury Secretary Janet Yellen signaled the Biden administration is prepared to continue seeking billions of dollars in aid for Ukraine as the Eastern European country battles Russia’s invasion and missile attacks.