Current track




Mint Images/Getty Images (WASHINGTON) — Treasury Secretary Janet Yellen on Friday issued a new letter to Congress stating the government won’t begin to run out of money to pay its bills until June 5 — slightly later than the agency’s previous prediction of as soon as June 1. “Based on the most recent available data, […]

Chip Somodevilla/Getty Images (WASHINGTON) — Treasury Secretary Janet Yellen told Congress on Thursday the U.S. “banking system is sound” after two bank failures stirred economic fears. Yellen, testifying before the Senate Finance Committee, began her remarks by addressing the abrupt collapse of Silicon Valley Bank in California and Signature Bank in New York. “I can […]

ABC News (NEW YORK) — Treasury Secretary Janet Yellen rejected recession fears in an interview with ABC News’ Good Morning America on Monday, saying the economy remains “strong and resilient.” A blockbuster jobs report last week showed that the economy added 517,000 jobs in January, dropping the unemployment rate to a near-historic low. “You don’t […]

Alex Wong/Getty Images (WASHINGTON) — Treasury Secretary Janet Yellen told congressional leaders Friday the U.S. would hit its debt limit next week — setting up a showdown between Democrats, the White House and House Republicans, who have vowed to tie any increase in the debt ceiling to spending cuts. The nation will reach its $31.4 […]