#yellen — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #yellen, aggregated by home.social.
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Cựu Phó Tổng thống Kamala Harris và cựu Bộ trưởng Tài chính Janet Yellen đã chỉ trích mạnh mẽ chiến lược thuế quan của Trump, cảnh báo về những tác động tiêu cực đến nền kinh tế. Họ kêu gọi cần có chính sách thương mại bền vững hơn để bảo vệ sự phát triển kinh tế. #Harris #Yellen #Trump #KinhTe #ThueQuan https://ift.tt/fWpQa1A
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Outgoing Treasury Secretary #Janet #Yellen is announcing that she's planning to take "#extraordinary #measures" to save the U.S. economy beginning on January 21
— the day after Donald Trump will officially begin his second term in office.
Politico reported Friday that Yellen made the announcement in a letter to congressional leaders
The letter comes as the United States prepares to reach the ❌statutory limit on borrowing
-- which Yellen wrote last month would happen between January 14 and January 23.
She warned in that letter that the Department of the Treasury would need to take "extraordinary measures" in order to avoid a debt default, should Congress fail to raise the debt ceiling before then.
⚠️In her latest letter, Yellen said she would begin taking those "extraordinary measures" next Tuesday,
which will reportedly include
💥tapping into federal retirement funds that aren't immediately needed to pay out benefits to retired postal workers and other federal employees.
She also plans to temporarily
💥suspend investments into those funds in order to keep the U.S. current on its debt service obligations.
"The period of time that extraordinary measures may last is subject to considerable uncertainty,
including the challenges of forecasting the payments and receipts of the U.S. Government months into the future,"
she wrote in her January 17 letter to Congress -
Janet Yellen tells Congress US could hit debt limit in mid-January
https://apnews.com/article/treasury-debt-limit-yellen-trump-elections-republicans-9c5d27c08feb744f5ee59dc2c87a06d5#DebtLimit #Yellen #RepublicansDidThis #GOPKakistocracy #ResistFascism #GOPWeirdos #RacistGOP #NoRepublicansEverAgain #USPol
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The #Biden administration is preparing fresh sanctions aimed at restricting #Russia’s access to goods that sustain its military machine, Treasury Secretary Janet #Yellen said Tuesday.
The #US will “unveil strong new sanctions targeting those facilitating the #Kremlin’s war machine, including intermediaries in third countries that are supplying Russia with critical inputs for its military,” Yellen said in #Washington.
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The #US and #Europe are close to finalizing a plan to provide #Ukraine with a $50 billion loan backed by #Russia’s frozen central bank assets by the end of the year, Treasury Secretary Janet L. #Yellen said on Tuesday.
Ms. Yellen said on Tuesday that all of the significant issues had been worked out and that the United States would be contributing $20 billion of the $50 billion loan.
https://www.nytimes.com/2024/10/22/us/politics/janet-yellen-china-lending.html
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Treasury Secretary Yellen stated that the U.S. will implement strong sanctions to target intermediaries supplying critical military inputs to Russia. She highlighted efforts to release the economic value of frozen Russian assets to assist Ukraine during her remarks at the IMF and World Bank meetings.
#USTreasury #Sanctions #Russia #Ukraine #IMF #WorldBank #Yellen #US
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Treasury Secretary #Yellen is concerned that the economic policies proposed by Republican candidate #Trump could fuel inflation and negatively impact businesses. In her upcoming speech, she plans to emphasize that broad, untargeted #tariffs could lead to higher prices for American families and diminish the competitiveness of U.S. companies. Meanwhile, Trump defends his approach, asserting that these tariffs would revitalize #US manufacturing, provide sufficient revenue to the national deficit.
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The IRS has 👍collected $1.3 billion from high-wealth tax dodgers since last fall,
the agency announced Friday, crediting ❇️spending that has ramped up collection enforcement through President Joe Biden’s signature climate, health care and tax package signed into law in 2022.Treasury Secretary #Janet #Yellen and IRS Commissioner #Danny #Werfel traveled to Austin, Texas, to tour an IRS campus and
announce the latest milestone in tax collections as 🆘Republicans warn of big future budget cuts for the tax agency if they take over the White House and Congress.Yellen said in a speech in Austin that in 2019, 🔥the top one percent of wealthy Americans owed more than one-fifth of all unpaid taxes, “leaving ordinary Americans to shoulder the burden.”
⭐️“To fix this, we’ve channeled IRS funding toward significant investments to combat tax evasion,” she said.
https://apnews.com/article/irs-treasury-tax-wealth-ira-2932f286c89b19b9ccecaaca2f4f2c2b -
Treasury Secretary Yellen Refutes Economist Nouriel Roubini’s Allegations of Financial Manipulation - U.S. Treasury Secretary Janet Yellen has denied claims by economist Nouriel Roubin... - https://news.bitcoin.com/treasury-secretary-yellen-refutes-economist-nouriel-roubinis-allegations-of-financial-manipulation/ #nourielroubini #newsbytes-2 #newsbytes #treasury #yellen #trump
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#US Treasury Secretary Janet #Yellen told Reuters on Friday that "things look good" for Group of Seven wealthy democracies to agree the terms of a $50 billion loan to #Ukraine backed by Russian assets by October.
The $50 billion loan, agreed in principle by #G7 leaders in June, would be serviced with proceeds generated by some $300 billion of Russian central bank assets frozen in the West after #Moscow invaded Ukraine in early 2022.
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#Yellen: 2022's inflation spike was global due to post-pandemic supply issues, many resolved now, wage pressure easing. Inflation expected to decline, but rents remain a concern. #Inflation #Economy #Housing
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U.S. #TreasurySecretary #JanetYellen will warn that the use of #AI in #finance could lower transaction costs, but carries "significant risks," according to excerpts from a speech to be delivered on Thursday.
"Specific vulnerabilities may arise from the complexity and opacity of AI models, inadequate risk management frameworks to account for AI risks and interconnections that emerge as many market participants rely on the same data and models," - #Yellen
https://www.reuters.com/business/finance/yellen-warn-significant-risks-use-ai-finance-2024-06-05/ -
US will not support global tax on billionaires
[the_ad id="30587"]A proposal under consideration by some members of the G20 group of advanced economies that would place a worldwide tax on the assets of the ultrawealthy does not have the support of the Biden administration, U.S. Treasury Secretary Janet Yellen said Monday.
Yellen told The Wall Street Journal that the...
https://alaska-native-news.com/us-will-not-support-global-tax-on-billionaires/74147/
#yellen #wealth #global #tax #biden -
A #US proposal for using the interest derived from $300 billion in frozen Russian assets to aid #Ukraine could win broad support from countries worried about outright seizure of the underlying assets, U.S. Treasury Secretary Janet #Yellen said.
"This is an approach that could be broadly supported by countries that are concerned about the seizure of assets, and some of the interest could be brought forward through, for example, a loan,"
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Congressional passage Tuesday of authority granting President Joe #Biden new powers to seize Russian dollar assets to aid #Ukraine has intensified debate over the potential consequences of foreign demand for #US Treasuries and use of the dollar.
“It is necessary and urgent for our international coalition to unlock the value of immobilized Russian sovereign assets,” Treasury Secretary Janet #Yellen said in a statement.
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Usare i 300 miliardi di asset russi congelati per l’#Ucraina? Janet #Yellen: non sostituiscono i fondi di cui ha bisogno Kiev - MilanoFinanza News
https://www.milanofinanza.it/news/usare-i-300-miliardi-dollari-di-asset-russi-congelati-per-aiutare-l-ucraina-janet-yellen-chiarisce-non-202403011443365060 -
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Yellen says high food and rent prices key factors in voters' negative economic outlook
#Yellen #FoodPrices #RentPrices #VotersOutlook #NegativeEconomy #Inflation #Politics #News
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U.S. Treasury Secretary Janet #Yellen on Friday said the U.S. government had seen evidence that Chinese firms may be aiding in the flow of equipment to Russia's war effort despite Western sanctions, and said she had urged China to crack down.
"I stressed that companies must not provide material support to Russia's defense industrial sector and that they will face significant consequences if they do," Yellen said.
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Bitcoin futures data highlight investors’ bullish view, but there’s a catch - The stars are lining up for Bitcoin price, but a few major price ... - https://cointelegraph.com/news/bitcoin-futures-highlight-investors-bullish-view-but-theres-a-catch #markets #premium #futures #yellen #bonds #gbtc #debt #cme #ftx
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Redux.
Our booming #economy is on its way to equaling THE NEW DEAL OF THE 1930s.
Learning from the good past!Joe #Biden, #Kamala Harris and Janet #Yellen
have resurrected the idea that gov can promote economic growth by regulating businesses, protecting workers, and investing in ordinary Americans."That theory reaches back to liberal consensus of 1933 to 1981, when both parties believed the modern economy required the fed gov to keep the playing field level…
"The gov regulates business, provide basic social safety net, promote infrastructure, and protect civil rights.
The “great compression.” Wealth and income distrib became more even, and economic inequality fell dramatically. The economy boomed.
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"No #USTreasury secretary has made #ClimateChange a higher priority than has #Yellen. For some that’s a great relief. But critics argue Yellen hasn’t done enough to push for better oversight of #ClimateRisks to the financial system or worked hard enough to mobilize #capital in the global race to embrace clean energy."
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The #sanctions are part of the U.S. effort “to target #Russia’s #military #SupplyChains & deprive #Putin of the #equipment, #technology, & #services he needs to wage his barbaric war on #Ukraine,” Janet L. #Yellen, secretary of the #Treasury, said in a statement.
“Today’s actions show our global reach in imposing severe #costs on Putin’s #oligarchs,” she added.
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U.S. Treasury Secretary Janet #Yellen after her #China visit:
"There are challenges, but I believe there is a desire on both sides to stabilize the relationship and to constructively address problems that each of us see in our relationship, to do so frankly, with candor, with respect and to build a productive relationship going forward," she said.
https://www.reuters.com/world/yellen-says-us-china-want-stabilize-relationship-2023-07-10/
How long will it take for other actors in #DC to undermine these small steps in the right direction?
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US-Finanzministerin Yellen - Positives Fazit nach China-Reise
US-Finanzministerin Yellen -
US-Finanzministerin Yellen beendet China-Reise mit positivem Fazit
Trotz der schwierigen Beziehung der beiden Länder hat US-Finanzministerin Yellen eine positive Bilanz ihres China-Besuchs gezogen. Auch China zeigte sich verhalten optimistisch - und hofft auf ein Ende der Exportbeschränkungen. Von B. Eyssel.