#Janet Yellen

4 days ago
Janet Yellen (right) said Joe Biden administration is looking to raise the corporate tax to 28%. (Photo Credit: AP/PTI)

  • US Treasury Secretary Janet Yellen said "a wealth tax has been discussed," but it's not favoured by President Joe Biden
  • Yellen is looking to end one tax rule, as per media reports
  • Yellen also addressed financial-transactions tax, a proposed measure by Senator Bernie Sanders

6 days ago.Washington D.C., DC, USA
Antony Blinken has served in various capacities under two different administrations for two decades. (Photo credit: AFP)

  • Secretary of State Antony Blinken said Washington will ban entry of foreigners who threaten dissidents
  • On Friday, President Joe Biden declassified a report that pinned blame of Khashoggi murder on Saudi Crown Prince 
  • Blinken vowed the US will "push back against governments that threaten and attack journalists"

19 Feburary.Washington D.C., DC, USA
74-year-old Janet Yellen is the Treasury Secretary of the United States. (Photo: Twitter/@JanetYellen)

  • Janet Yellen is known to frequent restaurants with friends 
  • But the pandemic has forced her family to cook meals at home more often
  • "My family's been experimenting with lots of new kinds of cooking, especially Indian," she said

12 Feburary.Washington D.C., DC, USA
Demonstration outside the Myanmar embassy against the military coup. (Photo Credit: AFP)

  • The United States on Thursday announced sanctions on the leaders of Myanmar's junta
  • Treasury Department said it was blocking US assets with 10 current or former military officials
  • Secretary of State Antony Blinken renewed calls on the military regime to relinquish power

11 Feburary.Washington D.C., DC, USA
Janet Yellen, US Treasury Secretary has said that cryptocurrencies offered promises but could be used to launder money. (Photo Credit: @JanetYellen )

  • Janet Yellen warned about "risk explosion' from virtual markets, which includes the embezzlement of cryptocurrencies
  • She said that the Anti-Money Laundering Act will help to solve problems related to virtual markets
  • She said that innovation is very essential in this sector that could give people access to the financial system

10 Feburary.Washington D.C., DC, USA
The stimulus package proposed by the US President is worth $1.9 trillion (Photo Credit AP / PTI)

  • The meeting included top executives from JPMorgan, Walmart, Gap and Lowe's 
  • Treasury Secretary Janet Yellen also attended the meeting
  • Biden said, "We're approaching this issue to see if we can find some common ground"

9 Feburary.Washington D.C., DC, USA
Denis McDonough became the seventh cabinet level nominee to be approved by the US Senate for the Biden administration (Photo Credit: AFP)

  • McDonough served as the Chief of Staff and Deputy NSA under the Obama administration
  • He does not have any prior service record in the US armed forces
  • The remaining positions are likely to be voted on after Trump's impeachment trial

9 Feburary.Washington D.C., DC, USA
US President Joe Biden has proposed a massive spending plan. (Photo Credit: AFP)

  • Summers' critique was echoed by former IMF chief economist Olivier Blanchard
  • Treasury Secretary Janet Yellen acknowledged inflation is "also a risk"
  • The president's rescue plan would provide for stimulus checks, expanded unemployment benefits and aid to small businesses

7 Feburary.Washington D.C., DC, USA
Treasury Secretary Janet Yellen said US job market might not recover for years. (Photo credit: Twitter/@JanetYellen)

  • Janet Yellen said that if Joe Biden's $1.9 trillion package is passed, US would have full employment
  • Yellen also said million of Americans are going hungry or risk losing their homes
  • We need a big package, and we need to get this done quickly, Yellen said

6 Feburary.Washington D.C., DC, USA
"There is clearly a need to support states and local governments," Kristalina Georgieva said. (Photo Credit: Twitter/@KGeorgieva)

  • "The US does have fiscal space to take additional relief and support measures," Kristalina Georgieva said
  • The IMF chief said it is "appropriate" to use that firepower "given the exceptional uncertainties"
  • Georgieva opined a US recovery would benefit the global economy