Janet Yellen

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.

Home Depot Co-Founder Calls for Americans to ‘Wake Up’ After Silicon Valley Bank Collapse

Home Depot co-founder Bernie Marcus believes the collapse of Silicon Valley Bank "will finally wake up" Americans to "understand that we’re living in very tough times."

Silicon Valley Bank Bailout Is Socialism for the Rich

Silicon Valley Bank (SVB) is getting a bailout.

Biden Budget Proposes $17 Trillion in Deficits Over Next Decade

President Joe Biden revealed the third budget of his presidency, proposing to spend $6.8 trillion and raise taxes by approximately $5 trillion.

Joe Manchin Calls Out Both Political Parties For Worsening National Debt

Sen. Joe Manchin (D-WV) called on his Republican and Democratic colleagues on Thursday to implement a compromise that would decrease the national debt.

Zelensky Warns If Ukraine Loses Americans Will Be ‘Dying’

Ukrainian President Volodymyr Zelensky said if Ukraine loses the war Americans "will have to send their sons and daughters" to fight.

Treasury Secretary Janet Yellen Says U.S. to Give Billions More to Ukraine

Treasury Secretary Janet Yellen said the United States will be giving Ukraine billions more in aid in the near future.

Biden Continues to See Low Approval Ratings Despite Midterm Results

President Joe Biden witnessed some of the lowest approval ratings of his administration despite moderating price levels and the Democratic Party avoiding severe midterm losses, according to a new poll from Reuters.

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