Secretary Yellen attends bank meetings Thursday and Friday. Treasury Secretary Janet Yellen traveled to Germany and Poland this week to meet with G7 finance ministers and central bank…
Read MoreTreasury Secretary Yellen
Treasury Secretary Convenes Global Finance Meeting
Recommits increasing infrastructure investments in developing countries. Secretary of the Treasury Janet Yellen brought together leaders of multilateral development banks (MDBs) last week to discuss how to increase…
Read MoreSecretary Yellen Walks Out of G20 Meeting
Others join her as Russian delegate speaks. The top officials from the U.S., Canada, and Britain walked out of Wednesday’s G20 meeting as Russian representatives spoke. Their move…
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U.S. Government Seizes Russian Yacht
First seizure made by task force REPO. On Monday, the U.S. Government seized a yacht worth $120 million owned by Russian billionaire Viktor Vekselberg. An ally of President…
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President Orders Study of Cryptocurrency Risk
Wants consideration of creating a U.S. digital currency. President Biden signed an executive order last week instructing agencies across the federal government to study the possible risks presented…
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U.S. Treasury Imposes Sanctions on Belarus
Penalizes Lukashenka administration for Russian support. The Department of the Treasury announced on Friday that they are sanctioning 24 individuals and entities in Belarus. President Alexander Lukashenka has…
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Treasury Secretary Supports Federal Reserve Nominees
Expresses confidence in their ability to keep the agency independent. President Joe Biden previously nominated Jerome Powell and Lael Brainard to serve on the Federal Reserve Board, and…
Read MoreSecretary Yellen Gives Speech for MLK Day
Address racial wealth divide still present in America. Treasury Secretary Janet Yellen spoke on Martin Luther King, Jr. Day about how Dr. King’s vision has impacted America’s economy.…
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Treasury Awards $8.7 Billion for Minority Community Loans
Emergency Capital Investment Program hopes to address wealth gap. The Treasury Department hosted the Freedman’s Bank Forum last week, where Vice President Kamala Harris and Treasury Secretary Janet…
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Debt Limit Deal Advances in Senate
A vote is expected on Friday as Senate clear procedural hurdles. The Senate took a step toward increasing the federal government’s debt limit by voting to limit debate…
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