Funds are being distributed to 89 state and local grantees. The Department of the Treasury released an additional $690 million for rental assistance through their Emergency Rental Assistance…
Read MoreTreasury Secretary Yellen
Bill Would Eliminate Federal Debt Ceiling
Congress looking for ways to avoid regular adjustments of debt ceiling. Representative Bill Foster of Illinois and 42 co-sponsors introduced the End the Threat of Default Act which…
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Secretary Yellen Meets with Zambian President Hichilema
Together, they discuss the war in Ukraine and global debt management. Secretary of the Treasury Janet Yellen traveled to Zambia early in the week, where she met with…
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Treasury Secretary Urges Congress to Act on Debt Ceiling
She says steps must be taken to avoid default. Treasury Secretary Janet Yellen has notified Congress that the statutory debt limit of the U.S. will be reached this…
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Debt Ceiling a Topic for Incoming Congress
Some legislators are encouraging better fiscal management. In the coming months, the current $31.4 trillion borrowing limit for the nation will need to be addressed by Congress. Some…
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Treasury Secretary Promotes Cryptocurrency Regulation
She expresses skepticism about the digital asset industry. The collapse of a cryptocurrency exchange known as FTX has been called a “Lehman moment” by Treasury Secretary Janet Yellen.…
Read MoreTreasury Secretary Delivers Semi-Annual Report to Congress
Reviews foreign trade of goods and services through June 2022. The Department of the Treasury delivered its semiannual macroeconomic report to Congress last week. The report goes over…
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Treasury Secretary Supports IRS Commissioner Nominee
Daniel Werfel served in the IRS under President Obama. Secretary of the Treasury Janet Yellen has voiced her support of President Biden’s nomination of Daniel Werfel to the…
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Treasury Secretary Speaks at Ohio Manufacturing Event
She also held a manufacturing roundtable. Treasury Secretary Janet Yellen traveled to Cleveland on Thursday to continue to promote the focus of President Biden’s administration on domestic manufacturing.…
Read MoreSecretary Yellen Meets with European Finance Ministers
Discussions include projections for European economic outlook. Secretary of the Treasury Janet Yellen met with Eurogroup members last week to discuss the United States’ perspective on current European…
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