The Treasury Department on Monday established a brand new "climate hub" that's tasked with bringing the "full force" of the department to tackle potential financial system risks posed by climate change, including leveraging tax incentives to reduce carbon emissions.
U.S. equities were little changed on Wednesday.
The IMF on Tuesday raised its 2021 global growth forecast to 6%, reflecting a rapidly brightening outlook for the U.S.
Treasury Secretary Janet Yellen on Monday will make the case for a global minimum tax rate as she pushes President Biden's plan to increase levies on U.S. corporations in order to fund his $2.25 trillion spending proposal, according to Axios.
The Fed signals U.S. banks can revisit dividends, buybacks.
U.S. Treasury Secretary Janet Yellen said on Wednesday that if the IRS were funded appropriately and therefore able to crack down on tax cheats, the U.S. would be able to collect more revenue without raising taxes
Yellen and Powell returned to Capitol Hill for a second day of testimony.
Treasury Secretary Janet Yellen said Wednesday the U.S. government has more room to borrow, but acknowledged that higher taxes will likely be needed to pay for those future expenditures.
U.S. equity markets fell Tuesday amid renewed concerns about the pace of the global recovery as European countries imposed new COVID-19 lockdowns and as Federal Reserve Chairman Jerome Powell and Treasury Secretary Janet Yellen testified about the U.S. government’s COVID-19 relief efforts.
Treasury Secretary Janet Yellen said Tuesday that President Biden is exploring changes to the tax structure in order to offset the cost of Democrats' next big-ticket economic spending package.
Jerome Powell and Janet Yellen gave their take on the COVID-19 relief progress.
U.S. Treasury Secretary Janet Yellen will testify before lawmakers in the House Financial Services Committee on Tuesday where she is expected to paint a relatively hopeful picture for the U.S. labor market.
Yellen's signature will grace U.S. paper currency.
Treasury Secretary Janet Yellen indicated that President Biden is open to pursuing a wealth tax as a means of paying for his multitrillion-dollar agenda and addressing the nation's swelling federal budget deficit.
Treasury Secretary Janet Yellen believes that 2022 will see a return to full employment, crediting the recently passed COVID-19 relief bill as a major step down the path toward recovery.
Janet Yellen, the first woman to head the Federal Reserve and the U.S. Treasury Department, says women seeking to pursue careers in economics face a number of obstacles from the way beginning economics courses are taught to overly aggressive questioning in college seminars.
Tesla and bitcoin are falling in tandem. Is there a connection?
Treasury Secretary Janet Yellen warned about an "explosion of risk" from digital markets, including the misuse of cryptocurrencies that can be used to launder to profits of online drug traffickers and to finance terrorism.
As GameStop and other heavily shorted stocks remain in play, financial regulators are under pressure to address whether any wrong doing is taking place.
President Biden on Tuesday said he supported a proposal from House Democrats that would send $1,400 stimulus checks to Americans earning up to $75,000 annually.