Janet Yellen

$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.

Treasury Secretary Janet Yellen Calls House Republicans ‘Irresponsible’ For Wanting Spending Cuts Amid Debt Ceiling Battle

Treasury Secretary Janet Yellen asserted on Saturday that House Republicans attempting to negotiate spending cuts amid the renewed debt ceiling battle are “very irresponsible.”

IRS Having Trouble Hiring People Who ‘Are Able to Pass Background Checks’ After Biden Admin Calls for 87,000 New Agents

Out of more than 565,000 job applications received until early October, the IRS only recruited around 19,000 workers.

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