On Monday’s broadcast of CNBC’s “Squawk Box,” Treasury Secretary Janet Yellen acknowledged that “Americans still see increases in some important prices, including food, from where we were prior to the pandemic.”\ For the full article, click here.
Janet Yellen
Yellen Warns Government ‘Highly Likely’ to Run Out of Cash by Early June
Treasury Secretary Janet Yellen doubled down Monday on her default projection, telling House Speaker Kevin McCarthy (R-CA) the government could reach its debt limit as early as June 1. For the full article, click here.
Dimon warns markets will panic as possible default nears – The Hill
JPMorgan Chase CEO Jamie Dimon is warning that markets will panic as the United States nears a potential default on its bills next month. For the full article, click here.
Treasury Secretary Janet Yellen Says U.S. Will Provide $10B to Ukraine in ‘Coming Months’
Treasury Secretary Janet Yellen said the United States would provide $10 billion to Ukraine “in coming months,” during remarks she made Thursday at the G-20 finance summit in India. For the full article, click here.
Janet Yellen: U.S. Will Hit Debt Limit Next Week, ‘Extraordinary Measures’ Can Prevent Default
WASHINGTON (AP) — 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. For the full article, click here.
US recession this year ‘more likely than not,’ analysts warn
The US economy is more likely than not to sink into a recession this year as the Federal Reserve tightens monetary policy in its bid to cool decades-high inflation, economists warned Monday. For the full article, click here.
Secretary Yellen: Biden ‘Administration Has Done Everything that They Can’ to Reduce Gas Prices
Treasury Secretary Janet Yellen on Tuesday claimed the Biden administration has exhausted efforts to reduce energy costs for American citizens. For the full article, click here.