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January 27, 2023

janet yellen

Article

Yellen tells Congress US expected to hit debt limit Thursday

January 13, 2023 Fatima Hussein, Associated Press

WASHINGTON, D.C. — Treasury Secretary Janet Yellen notified Congress on Friday that the U.S. is projected to reach its debt limit on Thursday and will then resort to “extraordinary measures” to avoid default. In a […]

Article

Yellen to visit North Carolina ahead of tight midterm races

September 26, 2022 Fatima Hussein, Associated Press

WASHINGTON, D.C. — Treasury Secretary Janet Yellen heads to the Durham area Tuesday as part of her ongoing tour to promote the Biden administration’s legislative agenda ahead of the midterm elections. Visiting a state with […]

Article

Yellen warns of failure to agree on Russia oil price cap

September 6, 2022 The Associated Press

WASHINGTON, D.C. — Treasury Secretary Janet Yellen on Wednesday warned that a failure to place a price cap on Russian oil would hurt the global economy. “Without a price cap, we face the threat of […]

Article

Yellen tells IRS to develop modernization plan in 6 months

August 20, 2022 Fatima Hussein, Associated Press

WASHINGTON, D.C. — Now that President Joe Biden signed Democrats’ expansive climate, tax and health care bill into law, Treasury Secretary Janet Yellen has directed the IRS to develop a plan within six months outlining […]

Article

Yellen extends to Dec. 15 date for potential debt default

November 19, 2021 Martin Crutsinger, Associated Press

WASHINGTON, D.C. — Treasury Secretary Janet Yellen told Congress Tuesday that she believed she would run out of maneuvering room to avoid the nation’s first-ever default soon after Dec. 15. In a letter to congressional […]

Article

Token of all tokens: Could a $1T coin fix the debt limit?

October 10, 2021 Calvin Woodard, Associated Press

WASHINGTON, D.C. — Some politicians think they’ve found a silver bullet for the impasse over the debt limit, except the bullet is made of platinum: Mint a $1 trillion coin, token of all tokens, and […]

Article

Yellen: Urgent action needed on debt limit, rejects $1T coin

October 6, 2021 Martin Crutsinger, Associated Press

WASHINGTON, D.C. — U.S. Treasury Secretary Janet Yellen said Tuesday that Oct. 18 remains the date she is likely to run out of resources to stave off a default on the nation’s debt without congressional […]

Article

McConnell warns Yellen that GOP won’t help raise debt limit

September 17, 2021 Kevin Freking, Associated Press

WASHINGTON, D.C. — Senate Minority Leader Mitch McConnell has warned Treasury Secretary Janet Yellen he is not budging on his demand that Democrats go it alone on the federal debt limit, deepening the emerging standoff […]

Article

Yellen warns US may hit debt limit in October

September 16, 2021 Martin Crutsinger and Alan Fram, Associated Press

WASHINGTON, D.C. — Treasury Secretary Janet Yellen is warning Congress that she will run out of maneuvering room to prevent the U.S. from broaching the government’s borrowing limit in October. In a letter to congressional […]

Article

Yellen outlines to Congress emergency measures on debt limit

July 26, 2021 Martin Crutsinger and Alan Fram, Associated Press

WASHINGTON, D.C. — Treasury Secretary Janet Yellen told Congress on Friday that she will start taking emergency measures next week to keep the government from an unprecedented default on the national debt, warning that a […]

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