President Joe Biden nominated Janet Yellen, 78, as the first female head of the Treasury Department. She will likely be succeeded by hedge fund manager Scott Besent.
Treasury Secretary Janet Yellen is wrapping up her tenure with a mic drop, overtly crediting President Joe Biden’s economic policies for putting the U.S. on stronger footing. Speaking to the New York Association for Business Economics,
Biden said Republican-led states "really screwed up in terms of the way they handled their economy" in the wake of the COVID-19 pandemic.
In one of her last acts as Treasury Secretary, Janet Yellen says her agency will start taking “extraordinary measures,” or special accounting maneuvers intended to prevent the nation from hitting the debt ceiling,
As President Biden's term ends, his administration's focus on diversity is highlighted by historic appointments, including the first Native American Cabinet official and the first female Treasury Secretary.
US Treasury Secretary Janet Yellen warned Wednesday that plans to extend President-elect Donald Trump's 2017 tax cuts -- which remained in place under Joe Biden but are set to expire -- will add to unsustainable deficits.
Janet Yellen discussed inflation, the Covid-19 pandemic, the Fed, DOGE and more on CNBC’s “Money Movers” in an interview before leaving her role.
President Joe Biden's major domestic policies, including infrastructure and climate change laws, will continue to affect Americans after he leaves office.
It is not clear how long Congress will have to secure a deal on funding or raising the debt ceiling again once the measures are taken, but in the past it has helped stall the default for several month
In one of her last acts as Treasury Secretary, Janet Yellen said her agency will start taking "extraordinary measures," or special accounting maneuvers intended
U.S. Treasury Secretary Janet Yellen on Wednesday mounted a robust ... noting Congress had rejected President Joe Biden's plans to cut the deficit by raising taxes on the wealthiest Americans.