Yellen touts IRS enforcement as helping close the budget deficit
Treasury Secretary Janet Yellen touted increased enforcement of tax laws by the IRS as helping to close the budget deficit by addressing the tax gap with respect to unpaid tax debts.
Nippon Steel pushes back on national security concerns raised by Biden admin over US Steel purchase
Nippon Steel and U.S. Steel are pushing back on reports their merger would undermine U.S. national security amid reports the Biden-Harris administration is preparing to block the deal.
Red state AGs blast Secretary Yellen over alleged attempts to 'fearmonger' against de-banking bans
A group of 20 state attorneys general are accusing the Treasury Department of stoking "unfounded fear" in opposition to state laws banning de-banking practices.
Yellen says $3 trillion is needed each year to fund climate transition
Treasury Secretary Janet Yellen said the global transition to a low-carbon economy will require $3 trillion annually in new investment.
Biden's Cabinet has not discussed invoking 25th Amendment, Yellen says
Treasury Secretary Janet Yellen on Tuesday defended President Biden's mental acuity, telling lawmakers that he is "extremely effective" during meetings.
Yellen claps back at Putin calling use of seized Russian assets to support Ukraine ‘theft’: 'No sense at all'
U.S. Treasury Secretary Janet Yellen defended the G-7 deal to use interest from seized Russian assets for aid to Ukraine, disputing Vladimir Putin's claim it is "theft."
Yellen to warn of 'significant risks' of AI in finance while acknowledging 'tremendous opportunities'
Treasury Secretary Janet Yellen will deliver a speech Thursday warning of the "significant risks" posed by AI in finance, while acknowledging the "tremendous opportunities" it offers.
Yellen ends China trip with no breakthrough
U.S. Treasury Secretary Janet Yellen wrapped up four days of meetings with China's economic leaders with a press conference in Beijing, noting no major breakthroughs.
Yellen says 'tough conversations' needed on China's overproduction
Treasury Secretary Yellen met with Chinese Premier Li Qiang on Sunday during her trip to China and raised concerns about China's overproduction of EVs and green tech.
A million simulations show US debt is on an 'unsustainable' path
The U.S. is on an "unsustainable" course with regard to its debt-to-GDP ratio, which is expected to hit 123% in 2024, according to a million simulations.
Yellen visiting China to combat climate change, protect interests of American workers
Treasury Secretary Janet Yellen will visit China this week to advance the interests of U.S. workers, U.S. national security and to attempt to reduce climate change.
Yellen says energy, health care costs still 'too high' and are 'top economic priority'
Treasury Secretary Janet Yellen said inflation has persisted in energy and health care costs and that bringing those expenses down is President Biden's top economic priority.
18 states call on Biden IRS to abandon 'flawed' billion-dollar tax filing program
FIRST ON FOX: A group of 21 state financial officers and treasurers from 18 states is calling on the Biden administration to scrap a billion-dollar tax preparation program.
Biden 'doesn't have a plan' on Social Security solvency, Treasury secretary says
Treasury Secretary Janet Yellen told lawmakers that President Biden “doesn’t have a plan" when it comes to preventing Social Security from running out of funds.
US Treasury Secretary Janet Yellen walks back transitory inflation claims: 'I regret saying it'
After predicting in 2021 that inflation would be "transitory," U.S. Treasury Secretary Janet Yellen admitted her "regret" as "it's lasted longer than" a few weeks or months.
Janet Yellen warns inflation decline might not be 'smooth'
Treasury Secretary Janet Yellen said during an exclusive FOX Business interview that inflation's return to normal could be bumpy from month to month.
Janet Yellen warns high prices could be here to stay
Treasury Secretary Janet Yellen said Thursday that high prices are unlikely to decline en masse even though inflation has receded sharply in the past year.
Yellen dodges on whether Treasury Department moved to surveil Americans' legal purchases
Treasury Secretary Janet Yellen dodged questions after she was asked to confirm whether the department is monitoring Americans' private transactions for signs of "extremism."
IRS to start simplifying notices to taxpayers this year
The IRS said Tuesday that it will simplify the "difficult to understand" notices that it sends to taxpayers as part of the $80 billion modernization push.
Yellen says China's economic practices 'unfair,' encourages healthy competition with US
Treasury Secretary Janet Yellen encouraged China to shift from a state-driven approach in economic policy, saying that their current approach is "unfair."