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August 21, 2025

janet yellen

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 […]

Article

Treasury secretary ignores requirement in COVID-19 law

July 7, 2021 North State Journal Staff

WASHINGTON, D.C. – Treasury Secretary Janet Yellen missed an April deadline to testify before the House and Senate Small Business Committees, even though she is required to do so under the coronavirus relief bill law […]

Article

Yellen: administration is watching inflation closely

July 1, 2021 Martin Crutsinger, Associated Press

WASHINGTON, D.C. — Treasury Secretary Janet Yellen assured Congress that the recent jump in inflation is being monitored very carefully by the Biden administration, but said again that any increase will prove temporary. Testifying about […]

Article

Treasury warns of need to deal with national debt limit

May 6, 2021 Martin Crutsinger, Associated Press

WASHINGTON, D.C. — The Treasury Department says it will employ measures to avoid an unprecedented default on the national debt this summer, but officials say those measures could be exhausted “much more quickly” than normal […]

Article

Yellen: Biden’s plan could restore full employment by 2022

February 10, 2021 Martin Crutsinger and Alan Fram, Associated Press

WASHINGTON, D.C. — Treasury Secretary Janet Yellen said Sunday the country was still in a “deep hole” with millions of lost jobs but that President Joe Biden’s $1.9 trillion relief plan could generate enough growth […]

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