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Janet Yellen Believes More Work Needed To Rein In Red-Hot Inflation: 'Need To See Sustained Progress'
Thursday, October 13, 2022 - 10:39pm | 461Treasury Secretary Janet Yellen reportedly said the U.S. has “more work to do” to rein in the worst surge in inflation since the 1980s after consumer prices rose 8.2% in September compared to a year earlier. On Inflation: “While there have been favorable...
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Janet Yellen Reacts To Speculations Of Her Exit From Treasury After Midterm Elections: 'No Truth To That'
Wednesday, October 5, 2022 - 5:11am | 376Treasury Secretary Janet Yellen has reportedly denied unconfirmed news which said President Joe Biden would replace her post the November mid-term elections. Yellen, who spoke on a panel interview during the Treasury’s annual Freedman’s Bank Forum in Washington, said she plans to stay...
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Yellen: Congress Needs To Raise National Debt Limit To Prevent Default
Wednesday, September 8, 2021 - 4:37pm | 399Treasury Secretary Janet Yellen sounded the alarm bells Wednesday. That’s because she says the U.S. is about to default on its national debt if Congress does not raise the debt limit. What Happened: In a Wednesday letter addressed to House Speaker Nancy Pelosi (...
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Treasury Secretary Steven Mnuchin On Tax Reform, Stock Market
Thursday, February 23, 2017 - 9:17am | 342For the first time as Treasury Secretary, Steven Mnuchin sat down for an interview with CNBC's Becky Quick Thursday. Mnuchin was asked if he views the stock market trading at a historical all-time high is a valid barometer of the administration's success. His answer was "absolutely," and the Trump...
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The Video That Explains Everything You Need To Know About Fannie And Freddie
Thursday, December 1, 2016 - 4:58pm | 301Steven Mnuchin, President-elect Donald Trump’s nominee for Treasury Secretary, said on Wednesday that privatizing Federal National Mortgage Assctn Fnni Me (OTC: FNMA) and Federal Home Loan Mortgage Corp (OTC: FMCC) was one of his top 10 priorities. The announcement generated a rally in...
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Now That Trump Has Won, Would Jamie Dimon Leave JPMorgan To Join Trump Administration?
Thursday, November 10, 2016 - 2:17pm | 366According to a CNBC report, JPMorgan Chase & Co. (NYSE: JPM) CEO Jamie Dimon could be cleaning out his Manhattan office for a new office in Washington D.C. CNBC's sources have said President-elect Donald Trump and his team are eyeing Dimon to serve as treasury secretary, even though the...
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Treasury Secretary Geithner Considering Exit at the End of the Year
Friday, July 1, 2011 - 6:21am | 232United States Treasury Secretary Timothy Geithner is considering an exit from his post later this year, people familiar with his thinking said on Thursday. Geithner is widely reported as being exasperated by grueling debt negotiations. The country faces a looming August 2 deadline to lift the debt...
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Financial Regulators Meet On October 1
Thursday, September 23, 2010 - 11:00am | 96According to a statement by the Treasury, top financial regulators will meet on October 1 as part of the Dodd-Frank Act's Financial Stability Oversight Council. Such a meeting is being arranged for the first time. The council is being established in order to trace sources that can jeopardize...