You Searched For "Treasury Secretary" and got 20 results
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2 mins read
The US expands sanctions against Russia-friendly institutions as Treasury chief Janet Yellen says the Kremlin is 'desperate' for outside help
The Kremlin is "desperate for access to the outside world," Janet Yellen said, announcing new sanct…
Filip De Mott
2 mins read
There's a 'meaningful' chance the Fed's next move is a rate hike, former Treasury Secretary Larry Summers says
"There's a meaningful chance, maybe it's 15%, that the next move is going to be upwards in rates, n…
Yuheng Zhan
2 mins read
The US Treasury will reportedly send officials to China to smooth out economic tensions between the superpowers
The two days of talks will cover a range of market and business practices that have caused friction…
Yuheng Zhan
3 mins read
The IRS says its direct file program saved Americans $5.6 million in filing fees. Now they're making it permanent.
Over 100,000 Americans filed their taxes using the IRS's free new program last year. Now, it's stic…
Juliana Kaplan
2 mins read
Fed policy isn't very tight and the market is 'at the foothills of bubbles,' former Treasury Secretary Larry Summers says
Summers previously predicted there's about a 15% chance the Fed actually raises rates again, and he…
Jennifer Sor
3 mins read
Western countries are lining up to name and shame China for overproduction
G7 finance chiefs criticized China's industrial overproduction, saying they will consider taking st…
Huileng Tan
2 mins read
'We're not about to fold': Janet Yellen says efforts are underway to package a $50 billion loan to Ukraine using frozen Russian funds
"I think we see considerable interest among all of our partners in a loan structure that would brin…
Filip De Mott
1 min read
Frozen Russian assets should be taxed to fund Ukraine's rebuild, Treasury Secretary Janet Yellen says
Janet Yellen signaled her support for a plan to tax profits made on frozen Russian assets on Wednes…
George Glover
3 mins read
China's trade war with the US is unlikely to cool down this election year, so it's working on Europe instead
Chinese leader Xi Jinping is visiting France, aiming to refresh China-France ties amid complaints a…
Huileng Tan
3 mins read
China's top climate envoy is coming to the US this month as tensions over green tech run high
The meeting comes as the US and China jockey for power over renewable technology like solar, EVs, a…
Catherine Boudreau
1 min read
China's economy is hitting a wall after years of optimism, former Treasury Secretary Larry Summers says
"No one should conclude that we can be complacent about the Chinese geopolitical challenge," former…
Zahra Tayeb
2 mins read
China's big factories had a terrible March, even as automakers roar to new highs
Weak domestic demand is causing Chinese companies to sell products en masse overseas, worrying US o…
Meghan Morris
1 min read
Bidenomics could make inflation worse, former US Treasury Secretary Larry Summers says
"We do not have a problem of a shortfall of jobs … We do have a problem with costs."
Jennifer Sor
2 mins read
Former Treasury Secretary Larry Summers faces backlash from Jim Bianco, Paul Krugman for inflation 'chart crime'
Larry Summers got panned for posting a graph suggesting inflation now could be behaving the same wa…
Zahra Tayeb
2 mins read
Treasury Secretary Janet Yellen says China's slump has spillover risks but her US outlook is still positive
"China's slowdown will have the largest impact on its Asian neighbors, but there will be some spill…
Phil Rosen
3 mins read
The US is preparing to hit back at China's glut of cheap solar panels by targeting its allies
US solar companies accused Chinese firms in Southeast Asia of dumping cheap solar panels on the mar…
Catherine Boudreau
2 mins read
Biden is fighting Trump's tough tactics by calling for tripled tariffs on Chinese steel imports
China's economy struggles to consume all it's producing, exporting the most steel since 2016 amid a…
Huileng Tan
3 mins read
Saudi Arabia's oil giant boss speaks up for China, saying its massive production of solar panels and EVs helps affordability
The comments come as the West has stepped up criticism of China's dumping of cheap green products o…
Huileng Tan
1 min read
Washington is fueling a 'war on business' as it cracks down on mergers and acquisitions, former Treasury Secretary Larry Summers says
"These guidelines — by moving away from an emphasis on lower prices for consumers to broader abstra…
Zahra Tayeb
1 min read
The inflation fight has stalled and the first rate cut won't happen until December, Bank of America says
"The acceleration of inflation this year makes a cut prior to December challenging, in our view," t…