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Yellen, Premier Li express hope for U.S.-China cooperation

Beijing (AFP) - US Treasury Secretary Janet Yellen and Chinese Premier Li Qiang sounded a hopeful note on bilateral relations at the start of their Sunday meeting in Beijing. The US-China relationship can only move forward with direct and open communication, Yellen told Li, after arriving in the Chinese capital from the southern city of Guangzhou. Li, in welcoming Yellen, said "China sincerely hopes that the two countries will be partners, not adversaries". He added that Chinese internet users have closely followed the details of her trip since her appearance in Guangzhou, showing "expectation......

Apr 07, 2024

'Oh boy, GOP means business now': Jim Jordan sends angry letter to Treasury Secretary

Now Rep. Jim Jordan is yelling at poor Janet Yellen.

The Ohio Republican Friday posted to X a letter demanding the Treasury Secretary hand over Bank Secrecy Act suspicious activity reports as part of his probe into Jan. 6 Capitol attack investigations he argues may have violated Americans' civil rights.

"The Committee is authorized to conduct oversight of matters involving civil liberties and criminal law to inform potential legislative reforms," Jordan informs Yellen. ...

Feb 16, 2024

Yellen urges U.S.-China cooperation on economy, climate

By Andrea Shalal BEIJING (Reuters) -U.S. Treasury Secretary Janet Yellen on Saturday urged closer communication between China and the United States to improve economic decision-making, and challenged China to join global initiatives to help poorer nations address climate change. Despite bilateral tensions, record high U.S.-Chinese trade last year showed there was "ample room" to engage in trade and investment, and it was critical to focus on areas of common interest and address disagreements through dialogue, Yellen told Chinese Premier He Lifeng at the start of a meeting. The meeting went on ......

Jul 08, 2023

How could a U.S. debt ceiling default hit regular Americans?

By Jason Lange WASHINGTON (Reuters) - What could happen on Main Street if Washington's political showdown over the debt ceiling stopped the government from cutting checks that fund a quarter of the economy? Americans could quickly notice painful blows dealt to their retirement accounts as stock markets swooned, and within days the lack of federal payments could weigh heavily on doctors' offices, retirees and workplaces throughout the country. HOW WOULD IT START? If the U.S. Congress and the White House failed to lift the self-imposed $31.4 trillion legal limit on federal debt, the Treasury Dep......

May 24, 2023

Yellen says June 1 is 'hard deadline' for raising debt ceiling

By Andrea Shalal and Susan Heavey WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen on Sunday said June 1 remains a "hard deadline" for raising the federal debt limit, with the odds quite low that the government will collect enough revenue to bridge to June 15, when more tax receipts are due. Yellen, speaking on NBC's "Meet the Press" program, said there would be hard choices to make about payments to Americans if Congress failed to raise the $31.4 trillion debt ceiling before Treasury ran out of cash and was forced to default. "I indicated in my last letter to Congress that we expect......

May 21, 2023

Federal Reserve holds course on lowered U.S. growth forecast

The Federal Reserve slashed its 2014 growth forecast for the US economy after the rough winter but kept policy on hold on Wednesday, showing faith in a modest rebound.

Jun 19, 2014

All posts tagged "Janet Yellen"

Yellen, Premier Li express hope for U.S.-China cooperation

'Oh boy, GOP means business now': Jim Jordan sends angry letter to Treasury Secretary

Yellen urges U.S.-China cooperation on economy, climate

How could a U.S. debt ceiling default hit regular Americans?

Yellen says June 1 is 'hard deadline' for raising debt ceiling

Federal Reserve holds course on lowered U.S. growth forecast

Stay ahead of the political news cycle.

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All posts tagged "Janet Yellen"

Yellen, Premier Li express hope for U.S.-China cooperation

'Oh boy, GOP means business now': Jim Jordan sends angry letter to Treasury Secretary

Yellen urges U.S.-China cooperation on economy, climate

How could a U.S. debt ceiling default hit regular Americans?

Yellen says June 1 is 'hard deadline' for raising debt ceiling

Federal Reserve holds course on lowered U.S. growth forecast

Stay ahead of the political news cycle.