关于「 Treasury Secretary」的内容列表

The debt ceiling is about to be reached, and US Treasury Secretary Janet Yellen announced that she will initiate extraordinary measures to avoid a debt default

On January 18th, US Treasury Secretary Janet Yellen sent a letter to the US Congress saying that as the US federal government is about to hit the debt ceiling, the Treasury Department will take extraordinary measures from January 21st to avoid debt default. In her letter, Yellen called on Congress to take action as soon as possible to raise or suspend the debt ceiling to protect the credibility and economic stability of the United States. She pointed out that the Treasury Department will start a...

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2025-01-18 00:00:26
US Treasury Secretary Nominee Scott Bessent: "No Reason" for US to Issue CBDC

Scott Bessent, President-elect Donald Trump's nominee to be Treasury secretary, told a Senate finance committee nomination hearing that he saw "no reason" for the US to have a central bank digital currency (CBDC). "I see no reason for the US to issue a central bank digital currency, which in my view is for countries that have no other investment option," he said. Bessent was appointed a cryptocurrency expert by Trump at the end of November last year, and he has a strong interest in cryptocurrenc...

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2025-01-16 20:04:59
U.S. Treasury Secretary Janet Yellen warns before leaving office that extending Trump's tax cuts could disrupt U.S. markets

Janet Yellen, the outgoing US Treasury secretary, has warned that the next administration's plan to extend the 2017 Republican tax cuts could disrupt the financial marekt and worsen an already challenging US fiscal outlook. "The projected fiscal path under current budget policy is simply not sustainable, and failure to act or take action that exacerbates the projected deficit could have dire consequences," Yellen said on Wednesday.

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2025-01-15 22:42:55
U.S. Treasury Secretary Janet Yellen: The United States has provided Ukraine with $3.40 billion in additional budgetary assistance.

U.S. Treasury Secretary Janet Yellen: The United States has provided Ukraine with $3.40 billion in additional budgetary assistance.

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2024-12-30 13:06:44
Analysis: The US debt ceiling could be hit during Trump's inauguration, or it could be a signal that Bitcoin is bottoming out

In a letter to congressional leaders, Janet Yellen, Treasury secretary, said the Treasury expected the US to hit the debt ceiling as early as January 14-23, 2025, and that "extraordinary measures" might be needed to avoid the federal government falling into default. Risk assets ended weaker just before the letter was released. US stocks fell, with the Standard & Poor's 500, Nasdaq 100 and Dow Jones Industries Average all down about...

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2024-12-30 14:04:03
US Treasury Secretary Janet Yellen sends letter to congressional leadership on the debt ceiling

On December 28, US Treasury Secretary Janet Yellen sent a letter to the US congressional leadership on the debt ceiling issue, asking Congress to take action to protect the credibility of the US government. Yellen is expected to initiate extraordinary measures from January 14 to 23, and said that the Treasury could reach the new debt ceiling on January 14-23.

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2024-12-27 23:45:45
US Treasury Secretary Janet Yellen sends letter to congressional leadership on the debt ceiling

Treasury Secretary Janet Yellen has written to congressional leadership on the debt ceiling, asking Congress to take action to protect the credibility of the US government. Yellen is expected to initiate extraordinary measures on January 14-23 and said the Treasury could reach the new debt limit on January 14-23.

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2024-12-27 22:28:58
Trump's nominee for Treasury secretary, Bessent, supports Federal Reserve Chairperson Jerome Powell to serve out his full term

Trump's nominee for Treasury secretary, Bessent, has supported Federal Reserve Chairperson Jerome Powell to serve out his full term.

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2024-12-10 22:02:31
Yellen: Trump's tariffs could undermine progress on inflation

U.S. Treasury Secretary Janet Yellen said Trump's broad-based tariffs could undermine progress on inflation and increase costs.

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2024-12-10 20:53:09
Yellen: We have spoken with the nominated Treasury Secretary, Scott Bessent, to discuss the broad responsibilities of the Treasury Department

U.S. Treasury Secretary Janet Yellen said she had spoken with Trump's nominee for Treasury Secretary, Scott Bessent, to discuss the broad responsibilities of the Treasury Department.

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2024-12-10 20:50:07
U.S. Treasury Secretary Janet Yellen says commercial real estate and digital assets pose risks to the financial system

U.S. Treasury Secretary Janet Yellen said on Friday that the U.S. financial system continues to face commercial real estate risks and vulnerabilities posed by digital assets in 2024, despite cooling inflation and low unemployment boosting the overall economy. She hinted that the Financial Stability Oversight Council (FSOC) member regulator remains focused on monitoring credit risk for commercial real estate and urged officials to keep an eye on Wall Street's ability to respond.

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2024-12-06 20:01:03
Lawrence Summers, former US Treasury secretary, slammed the idea of a national bitcoin reserve as "crazy"

Lawrence Summers, a Democrat and former US Treasury secretary, has dismissed the idea of a US government reserve of bitcoin assets and warned of political challenges to scaling back federal spending as planned by Mr. Musk, America's first buddy. Lawrence Summers said on the TV show: "What some people are saying, 'The idea that we should build some kind of national bitcoin reserve' is crazy."

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2024-12-05 22:26:15
Powell: Don't think "shadow Fed chair" needs to be discussed

Mr. Bethan, Mr. Trump's nominee for Treasury secretary, has suggested in Barron's that Mr. Trump publicly name a successor to Fed chairperson Jerome Powell as soon as he takes office, effectively creating a "shadow Fed chairperson", which Mr. Powell has objected to. "I don't think that's on the table at all," Mr. Powell said on Wednesday. "There's a set of institutional relationships between the Fed and every administration. I totally think we can keep the same relationship." Mr. Powell's term e...

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2024-12-04 20:04:40
US media: US Treasury Secretary nominee Bescent's core agenda is "3/3/3"

The AXIOS website analyzes that the core economic agenda of US Treasury Secretary nominee Scott Bescent "3/3/3" policy approach, which is to reduce the budget deficit to 3% of GDP, achieve 3% annual economic growth, and increase domestic oil production by 3 million barrels per day. Currently, the US deficit will remain between 6% and 7% of GDP for several years, forming a spiral that could lead to a sharp increase in interest rates...

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2024-11-25 22:46:56