The country is in a striking predicament, with millions unemployed and businesses that can't find enough people to hire at current wages.
Treasury Secretary Janet Yellen dismissed concerns that sweetened unemployment benefits contributed to a slowdown in hiring last month.
Treasury Secretary Janet Yellen is under fire for missing an April deadline to testify before the House Small Business Committee.
Treasury Secretary Janet Yellen recently embraced a long-stalled effort to impose a global minimum tax rate. Here's what you need to know about the initiative.
‘Kudlow’ host Larry Kudlow Wednesday said that Treasury Secretary Janet Yellen was right when she said interest rates were rising, acknowledging the economy is booming, and that, according to Kudlow, “there is no crisis.”
Treasury Secretary Janet Yellen said Tuesday that higher interest rates may be needed in order to stave off runaway economic growth in the U.S.
U.S. Treasury Secretary Janet Yellen has insisted the Federal Reserve is able to handle any inflation that results from President Biden’s new spending bill, with critics worrying that the incredible amount of money spent will lead to countless problems in the economy.
A key Democrat is renewing his push for President Biden to repeal a Trump-era limit on state and local tax deductions in his $2.25 trillion tax and spending plan.
U.S. Treasury Secretary Janet Yellen on Wednesday noted that the Biden administration’s goal of reducing emissions by investing in green energy infrastructure will require a sizable investment.
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.