U.S. Treasury Secretary Janet Yellen testifies before a House Financial Services Committee hearing on the “Annual Report of the Financial Stability Oversight Council” on Capitol Hill in Washington, D.C., on Feb. 6, 2024. Amanda Andrade-rhoades | Reuters Treasury Secretary Janet Yellen on Wednesday lauded President Joe Biden’s investment in electric vehicles for accelerating the sector, … Read more
The US economy is not expected to see stagflation, Treasury Secretary Janet Yellen said in an interview broadcast Wednesday, adding that most forecasters expect inflation to cool as housing costs move lower. “In many parts of the country, rental prices for new apartments have actually declined overall,” Yellen told Fox Business in an interview. Her … Read more
After President Xi Jinping visited the US in November, both countries resumed cooperation on issues including curbing the spread of fentanyl, as well as military-to-military communication. 12:56 Fighting fentanyl: the drug from China destroying American lives Fighting fentanyl: the drug from China destroying American lives The two sides have also held meetings of financial and … Read more
