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US Secretary of the Treasury Janet Yellen is at a G7 meeting of finance chiefs in Stresa in Italy

Yellen urges 'more ambitious' G7 plans for Russian assets

US Treasury Secretary Janet Yellen has today urged G7 ministers meeting in Italy to work on "more ambitious options" to use frozen Russian assets to help Ukraine.

Business • 23 May 24

US Treasury Secretary Janet Yellen is meeting with top bank executives on a visit to Frankfurt before attending a meeting of G7 finance ministers in Italy this week

Yellen urges German banks to boost compliance on Russia

US Treasury Secretary Janet Yellen has today urged German bank executives to step up efforts to comply with sanctions against Russia and shut down efforts to circumvent them to avoid potential penalties themselves that would cut off dollar access.

Business • 21 May 24

Janet Yellen used her second trip to China in nine months to complain that China's overinvestment has built factory capacity far exceeding domestic demand

US will not accept Chinese imports hitting new industries

US Treasury Secretary Janet Yellen warned China today that Washington will not accept new industries being decimated by Chinese imports as she wrapped up four days of meetings to press her case for Beijing to rein in excess industrial capacity.

Business • 08 Apr 24

US Treasury Secretary Janet Yellen with Chinese Vice Premier He Lifeng during her trip to China last July

US-China economic flashpoints in Yellen's China trip

Since US Treasury Secretary Janet Yellen visited Beijing last year, the world's two biggest economies have resumed regular talks and averted major escalations in tensions.

Business • 03 Apr 24

Chinese Premier Li Qiang shakes hands with US Treasury Secretary Janet Yellen during her visit to China

Yellen slams China's 'punitive' actions on US firms

US Treasury Secretary Janet Yellen has called for market reforms in China and criticised its recent tough actions against American companies and mineral export controls.

Business • 07 Jul 23

Ajay Banga recently completed a three-week world tour to meet government leaders, civil society groups and others as he campaigned for the World Bank's top post

US expects Ajay Banga to be elected as World Bank chief

US Treasury Secretary Janet Yellen said today she expected the US nominee to head the World Bank, former Mastercard CEO Ajay Banga, to be elected as president of the multilateral development bank.

Business • 29 Mar 23

Janet Yellen addressed the American Bankers Association conference today.

Yellen vows to safeguard US bank deposits

The US banking system is stabilising after strong actions from regulators, but further steps to protect bank depositors may be needed if smaller institutions suffer deposit runs that threaten more contagion, US Treasury Secretary Janet Yellen told bankers today.

Business • 21 Mar 23

Decisive and forceful actions are strengthening public confidence in the US banking system, Janet Yellen says

Yellen commits to protecting bank deposits

U.S. Treasury Secretary Janet Yellen has told bankers that she is prepared to intervene to protect depositors in smaller U.S. banks suffering deposit runs that threaten more contagion amid the worst financial system turmoil in more than a decade.

Business • 21 Mar 23

Yellen tells senators US banking system 'remains sound'

The US banking system remains sound and Americans can feel confident that their deposits will be there when needed, US Treasury Secretary Janet Yellen will tell the Senate Finance Committee today.

Business • 16 Mar 23

Janet Yellen is joining other finance ministers and heads of central banks from the Group of 20 nations tomorrow for a meeting at a resort near the tech hub of Bengaluru in India

Yellen calls for more economic aid to Ukraine at G20

US Treasury Secretary Janet Yellen today stepped up calls for increased financing support to Ukraine to help it battle the year-old Russian invasion as the USs readies an additional $10 billion in economic assistance.

Business • 23 Feb 23

War in Ukraine 'greatest challenge' to economy - Yellen

US Treasury Secretary Janet Yellen said today that Russia's war in Ukraine posed the "greatest challenge" to the global economy, as G20 ministers prepare to start talks in Indonesia.

Business • 14 Jul 22

This is Paschal Donohoe's first in-person visit to the US since the Covid-19 pandemic started

Donohoe to meet Yellen and Georgieva during US visit

Minister for Finance and President of the Eurogroup Paschal Donohoe travels to Washington DC today for a series of engagements.

Business • 01 Jun 22

G7 Finance Ministers and Central Bank governors, including Finance Minister Paschal Donohoe, who is also President of the Eurogroup, gather in Germany

G7 to give Ukraine funds it needs to get through war

US Treasury Secretary Janet Yellen said the G7 finance leaders have agreed to provide Ukraine the financial resources it needs in its struggle against Russia's invasion, and that policymakers are determined to meet their inflation targets.

Business • 20 May 22

Bitcoin rose 8.4% today - on track for its biggest gain since Febuary 28

Bitcoin jumps after Biden's order on digital assets

Bitcoin soared today after US President Joe Biden signed an executive order that requires US government agencies to assess the benefits and risks of creating a central bank digital dollar and other cryptocurrency issues.

Business • 09 Mar 22

Former US President Donald Trump nominated Jerome Powell as Fed Chair in 2017

Powell's rollercoaster ride at the Fed

US Federal Reserve Chair Jerome Powell has been on a rollercoaster ride since he joined the institution almost a decade ago.

Business • 22 Nov 21

Janet Yellen held a bi-lateral meeting with the Minister for Finance Paschal Donohoe yesterday

Janet Yellen interview

US Treasury Secretary Janet Yellen visited Ireland yesterday in between stops at the G20 in Rome and before heading to the COP26 Climate Summit in Glasgow.

Business • 02 Nov 21

US Secretary of the Treasury Janet Yellen speaking in Dublin today (pic: Rollingnews.ie)

Yellen says 15% tax rate will not be reconsidered

The US Treasury Secretary, who has been to the fore in efforts to agree global corporate tax rules, has said the minimum rate of 15% would not be reconsidered.

Economy • 01 Nov 21

IMF's Managing Director Kristalina Georgieva

IMF backs Georgieva after review of data-rigging claims

The International Monetary Fund's executive board has expressed its full confidence in Managing Director Kristalina Georgieva after reviewing allegations that she pressured World Bank staff to alter data to favour China.

Business • 12 Oct 21

US Treasury Secretary Janet Yellen expressed appreciation for Ireland's constructive participation in the OECD talks

Donohoe, Yellen hold 'constructive' corporate tax talks

Minister for Finance Paschal Donohoe has spoken with the US Treasury Secretary Janet Yellen about the current OECD process that aims to reform global corporation tax rules.

Business • 23 Sep 21

Janet Yellen said the federal borrowing limit must be raised

Yellen warns Treasury could run out of funds in October

The US government will run out of money at some point in October unless Congress acts to increase the federal borrowing limit, Treasury Secretary Janet Yellen has said.

Business • 08 Sep 21

Janet Yellen said Ireland might have to raise its 12.5% corporate tax rate a bit

Yellen confident holdouts will back global tax deal

US Treasury Secretary Janet Yellen has said she is confident that EU holdouts, including Ireland, who oppose a global tax reform would find a way to accept the deal.

Business • 13 Jul 21

Paschal Donohoe and Janet Yellen met for talks over breakfast in Brussels (Pic: Twitter/@Paschald)

Donohoe reports 'very good engagement' with Yellen

Minister for Finance Paschal Donohoe has maintained his reservation about a global minimum corporate tax rate in a meeting with US Treasury Secretary Janet Yellen today, a spokesperson for the Minister said.

Ireland • 12 Jul 21

Donohoe to hold talks with US Treasury secretary at G7

Finance Minister Paschal Donohoe said he will hold talks with US Treasury Secretary Janet Yellen on the sidelines of a meeting of the finance ministers from the group of seven rich nations this weekend.

Business • 02 Jun 21

Yellen tells world's big economies: spend big

US Treasury Secretary Janet Yellen has warned of the risk of a permanence divergence in the global economy in the wake of the Covid-19 crisis, and urged major economies to inject significant new fiscal support to secure a robust recovery.

Business • 08 Apr 21

Yellen says US economy remains in crisis

US Treasury Secretary Janet Yellen has said the US economy remains in crisis from the pandemic even as she defended developing plans for future tax increases to pay for new public investments.

Business • 24 Mar 21