Janet Yellen

Republicans Who Chose Not to Stand With Biden, McCarthy Debt Ceiling Agreement

Over three dozen House Republicans have decided to not side with Kevin McCarthy and his debt ceiling bill.

Conservatives Blast McCarthy’s Debt Ceiling Biden Deal

Many conservatives are furious with House Speaker Kevin McCarthy over his deal with President Biden to raise the debt ceiling.

McCarthy and Biden Reach ‘Agreement in Principle’ Regarding Debt Ceiling

Speaker of the House Kevin McCarthy (R-CA) announced an “agreement in principle” with Joe Biden on a deal to raise the federal debt ceiling Saturday night.

NYC Mayor Eric Adams Blasts Biden, Says Border Crisis Has ‘Destroyed’ The City

New York City Democratic Mayor Eric Adams blasted President Biden Friday, saying that the White House’s policies on the border issue has turned the city into a disaster.

U.S. Dollar Losing Reserve Currency Status Faster Than Expected, Says Eurizon SLJ Capital CEO

"The dollar suffered a stunning collapse in 2022 in its market share as a reserve currency, presumably due to its muscular use of sanctions," says CEO and co-CIO of Eurizon SLJ Capital.

Treasury Secretary Admits Sanctions Against Russia ‘Could Undermine’ U.S. Dollar (Video)

"There is risk when we use financial sanctions that are linked to the role of the dollar that over time it could undermine the hegemony of the dollar," Yellen said, adding that implementing sanctions against Russia "does create a desire on the part of China, of Russia, of Iran to find an alternative."

House Committee Sets Date for First Hearing Into Banking Crisis

Federal regulators will testify before the House Financial Services Committee on March 29 about the Silicon Valley Bank (SVB) and Signature Bank collapses, according to a press release. 

Janet Yellen Admits Gov’t Is Picking Winners and Losers in Bank Bailout

Treasury Secretary Janet Yellen's admission that the government is picking winners and losers in the bank bailout process, particularly disadvantaging community banks, could lead to the consolidation of banking power in the hands of a few large institutions, according to critics.

$30 Billion Rescue of First Republic Bank Announced by Major Banks

A group of banks announced a $30 billion rescue of First Republic Bank on Thursday afternoon as part of efforts to stabilize the market.

Silicon Valley Bank Bailout Is Socialism for the Rich

Silicon Valley Bank (SVB) is getting a bailout.

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