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 … Business • 29 Mar
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 … Business • 21 Mar
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 … Business • 21 Mar
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 … Business • 16 Mar
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 … Business • 23 Feb
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 … Business • 14 Jul 22
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 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 … Business • 20 May 22
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 … Business • 09 Mar 22
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 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 … Business • 02 Nov 21
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% … Economy • 01 Nov 21
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 … Business • 12 Oct 21
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 … Business • 23 Sep 21
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 … Business • 08 Sep 21
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 … Business • 13 Jul 21
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 … 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 … 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, … 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 … Business • 24 Mar 21
Yellen urges G20 to 'go big' with pandemic stimulus The world's most advanced nations must work in unison both to continue spending to boost the pandemic recovery, and help poor nations acquire Covid-19 vaccines, … Business • 25 Feb 21
Bitcoin tumbles 17% as doubts grow over valuations Bitcoin plummeted as much as 17% today as investors grew nervous at sky-high valuations, triggering the liquidation of leveraged bets and sparking a sell-off across … Business • 23 Feb 21
US market regulators to study recent trading frenzy US financial market regulators will study the trading frenzy last week that saw shares like GameStop soar, and ensure investors are protected, the Treasury Department … Business • 05 Feb 21
Yellen wants to 'understand deeply' GameStop frenzy US Treasury Secretary Janet Yellen said today that before she and financial market regulators took any action, they needed to "understand deeply" what happened in … Business • 04 Feb 21
Trading frenzy fades as Yellen summons agencies A social media-driven trading frenzy cooled today as US Treasury Secretary Janet Yellen called a meeting of top officials that could result in tougher markets … Business • 03 Feb 21
