Treasury Secretary Janet Yellen said Thursday that it would be a mistake for the U.S. and China to "decouple," warning of disastrous economic consequences.
Treasury Secretary Janet Yellen condemned Republican efforts to claw back funding for the IRS in its effort to provide Israel with $14 billion in aid.
Sen. Tim Scott, R-SC, is leading efforts in the Senate to freeze the recently unfrozen $6 billion in Iranian assets, following the attack on Israel by Hamas that killed thousands of cilivians.
Treasury Secretary Janet Yellen says that it's too soon to tell what the impact of Israel's war against the Hamas terror group will have on the global economy.
Treasury Secretary Janet Yellen said the U.S. can "absolutely" afford to provide military aid to Ukraine and Israel in their respective wars.
The U.S. on Thursday imposed the first sanctions on owners of tankers carrying Russian oil above the G7 price cap of $60 a barrel, one based in Turkey and one in the UAE.
Treasury Secretary Janet Yellen said the Biden administration could tighten its sanctions against Iran following the Hamas militant attacks on Israel.
Treasury recently released a report casting doubt on the IRS's ability to limit audits on those making over $400,000 per year, making a key Biden promise difficult
Treasury Secretary Janet Yellen warned on Friday that the looming government shutdown could undermine U.S. economic progress and hurt American families.
Republican state AGs say Biden Treasury Dept. net-zero "principles" for private sector financing are “compulsion of the green cabal" that "fly in the face" of legal scrutiny.
Treasury Secretary Janet Yellen said that while she doesn't see signs of the U.S. economy entering a downturn, a possible government shutdown risks the economy losing momentum.
Treasury Secretary Janet Yellen said she strongly disagrees with Fitch's downgrade of the U.S. credit rating, arguing its assessment was flawed and based on outdated data.
Top House Republicans are blaming President Joe Biden and his fiscal and spending policies for Fitch having downgraded the U.S. credit standing.
Treasury Secretary Janet Yellen is scheduled to give remarks today on Biden's Inflation Reduction Act. She previously remarked she does not believe a recession is on the horizon.
Fitch Ratings said Tuesday it has downgraded the United States' long-term foreign-currency issuer default rating to "AA+" from "AAA," drawing pushback from Treasury Secretary Yellen.
The Chinese ambassador to the U.S. told Aspen Security Forum attendees on Wednesday that while China does not want a trade war with America, it will retaliate against additional curbs.
Treasury Secretary Janet Yellen warned that China's economic slowdown risks "negative spillovers" into the U.S., but maintained a recession is unlikely.
Internal Revenue Service Commissioner Daniel Werfel told reporters in a Thursday phone call that the federal agency rounded up $38 million in delinquent taxes.
Treasury Secretary Janet Yellen recently visited China and said she believes that the U.S. and Beijing are ready to work together and "stabilize" their economic relationship.
FOX Business host Larry Kudlow gives his take on Treasury Secretary Janet Yellen's visit to China and provides insight on responding to the country's threat on "Kudlow."