Janet Yellen
House OKs debt ceiling bill to avoid default, sends Biden-McCarthy deal to Senate By LISA MASCARO, KEVIN FREKING, STEPHEN GROVES and FARNOUSH AMIRI Associated Press WASHINGTON (AP) — Veering away from a default crisis, the House approved a debt ceiling and budget cuts package late Wednesday, as President Joe Biden and Speaker Kevin McCarthy assembled…
Yellen says bank situation stabilizing, different from 2008 By FATIMA HUSSEIN Associated Press WASHINGTON (AP) — Treasury Secretary Janet Yellen projected calm on Tuesday after recent regional bank collapses but told a gathering of bankers that additional rescue arrangements “could be warranted” if any new failures at smaller institutions jeopardize financial stability. Yellen, who made…
Yellen to tell Congress US banking system ‘remains sound’ By FATIMA HUSSEIN Associated Press WASHINGTON (AP) — A week after the second-largest bank collapse in U.S. history, Treasury Secretary Janet Yellen is set to tell the Senate Finance Committee that the nation’s banking system “remains sound” and Americans can feel “confident” about their deposits. Yellen…
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