News about Janet Yellen

Putin's forces are alleged to have used chloropicrin likely in an effort to 'dislodge Ukrainian forces from fortified positions and achieve tactical gains on the battlefield', the US State Department claimed on Wednesday. Chloropicrin is a toxic agent that was originally designed for use as poison gas in World War I.

House Republicans are planning to press Treasury Sec. Janet Yellen Tuesday on her agency's efforts to surveil Americans' bank transactions after the January 6 riot.

House Republicans are could press Treasury Sec. Janet Yellen Tuesday on her agency's efforts to surveil Americans' bank transactions after the January 6 riot. The Treasury boss is expected to testify before the House Ways and Means Committee about President Joe Biden's tax policies, but some in the GOP are saying the opportunity should be used to elicit information about other matters. In February, Yellen testified before lawmakers and dodged their questions about the Treasury's Financial Crimes Enforcement Network's (FinCEN) attempts to have U.S. financial institutions send federal officials private customer data. 

At least 13 financial institutions are being investigated by Republicans in Congress for colluding with the federal government to spy on Americans after January 6 protests looking for 'extremism' indicators. The House Select Subcommittee on the Weaponization of the Federal Government led by top Republican Jim Jordan, R-Ohio, is investigating 'collusion' between U.S. banks and federal agencies in the aftermath of the Capitol riot. The Biden administration worked with banks to comb through 'extremism' indicators like the purchase of a religious text, like a Bible, or searches including the terms 'MAGA' and 'TRUMP,' according to shocking revelations by the committee.

TikTok shared extensive user data with Chinese-based parent company ByteDance, a new investigation claims, even after TikTok said it had cut most ties with ByteDance. The findings come as the company fends off regulators who want to force a sale to a US company over data privacy and national security concerns.

Over 3,000 sheriffs nationwide are demanding President Biden stop the sale of a big gun ammunition and primer manufacturer to a foreign buyer with ties to Russia and China. The sale of Vista Outdoor's Sporting Products business, which has been a 'trusted partner' of local, state and federal law enforcement for decades, is under new scrutiny. Vista Outdoor's provides 'critical supplies of primers and ammunition for service and training' for police across the country.

China has surged sales to Russia of machine tools, microelectronics and other technology that Moscow in turn is using to produce missiles, tanks, aircraft and other weaponry for use in its war against Ukraine , according to a U.S. assessment. Two senior Biden administration officials, who discussed the sensitive findings Friday on the condition of anonymity, said that in 2023 about 90% of Russia's microelectronics came from China, which Russia has used to make missiles, tanks and aircraft.

The UK has shot up from its previous ranking of seventh in 2021, United Nations data has shown, rising three places in 2022. In doing so, it has overtaken France, the Netherlands and Japan in the UN Conference on Trade and Development (UNCTAD) statistics for goods and services exports. China generates the most wealth from exports followed by the United States, Germany and then Britain. Business Secretary Kemi Badenoch welcomed the news, saying: 'These new figures show how the UK is punching above its weight on trade.'

On Monday, the Kremlin's Foreign Minister Sergei Lavrov arrived in China for a formal visit, with the two countries trying to strengthen diplomatic relations as Russia's invasion of Ukraine rages. Beijing has delivered rifle scopes, tank components, rocket fuel, and satellite photos to Russia, according to US officials who anonymously told Bloomberg that Beijing has provided rifle scopes, tank components, rocket fuel, and satellite photographs to Russia. China had been offering 'geospatial intelligence' to Moscow to assist in the Ukraine war, as well as providing propellants used in missile development, microelectronics, and turbojet engines, in violation of Western sanctions against Russia. According to the journal, US Secretary of State Anthony Blinken had briefed European allies this week on China's increasing aid.

In a shift that began with Covid that has accelerated as a result of subsequent geopolitical events, the UK, the United States, and other governments are prioritizing trade control. The challenges are obviously large, but America has already begun shifting production away from China, undermining the availability of the semiconductors that are crucial for automobiles, domestic appliances, and electronic gadgets such as phones and laptops.

Secretary Janet Yellen dodged several questions in a Congressional hearing about why her department instructed financial institutions to surveil American's bank transactions after January 6. Federal investigators from the Treasury's Financial Crimes Enforcement Network (FinCEN) asked U.S. banks to search for 'extremism' in the aftermath of January 6's disaster,' according to a bombshell study released in January. In the article, Republican Rep. Jim Jordan said that the federal government has been 'watching' Americans who shop for weapons - or are religious. Officials from the Treasury Department suggested that banks investigate transactions at sporting and recreational equipment stores such as Cabela's, Dick's Sporting Goods, and Bass Pro Shops in order to identify customers whose transactions might reveal "potential active shooters." Sec. Def. Sullivan's inquiry into the Treasury's surveillance requests as pressed. Yellen said the matter was being investigated and that she was unaware of the situation.

The latest 100-mile 'glide missiles' could be a game changer in Kyiv's military capabilities against Moscow's forces. The latest precision-guided missiles, which are manufactured by Boeing and Saab, will also fit into the new ATACM rockets, which are also supplied by the United States. Their arrival came after months of testing by the US military, but Politico said that even the US military does not have these arms in its arsenal. According to US officials familiar with the situation, Ukraine is expected to be receiving the Ground-Launched Small Diameter Bombs as early as today.

According to statistics, the world's largest economy added 216,000 jobs in December, down from 170,000 predicted by experts. It led to US Treasury Secretary Janet Yellen's declaration that there had been a'soft landing' - in which inflation fell without the jolt of a recession. But that added to the nequities that have loomed over the last few days in markets over whether interest rates would decline as quickly as traders had expected.

It's been a memorable year for us, with a banking crisis, the departure of two FTSE 100 chief executives, and the sight of private equity sharks sinking their teeth into our best loved companies. However, there were also signs of stability, with lower inflation fueling hopes that the economy will reclaim itself in 2024. Think you know the score? In our City quiz, put your knowledge of the last 12 months to the test.

In the first attempt to hinder Russia's conflict in the face of Ukraine's civil war, President Biden's new executive order threatens Russia's financial institutions and sanctions evasion. The new executive order comes as Congress left Washington, D.C., without a single hand from Ukraine.

Lawmakers, unions leaders and industry executives are fighting over the acquisition of US Steel by Nippon Steel - but what does it mean for Americans? Democrats and Republians alike are worried that if national security are jeopardized, and that American jobs will be affected - a major fear of the union. However, some industry experts agree that the $14.9 billion contract is critical to save the company, but that no one will change - beyond the logo on US Steel workers' paychecks - will change.

Cryptocurrencies and their platforms have exploded in the fight against financial crime. Crushing Bitcoin and other crypto currencies for terrorism is like playing the fairground game of 'Whack a Mole.' As soon as one platform is under special conditions, another one appears. Tron, a fast-growing network that helps Iran-backed organisations, including the one on Israel's northern border Hezbollah and Hamas, as well as Hamas. Between July 2021 and October 2023, Israel's Bureau for Counter Terrorism Financing frozen 143 Tron wallets, a fancy term for accounts.

Thousands of protesters descended into the streets of San Francisco to'shut down' the APEC summit on Wednesday morning, and protesters clashed with riot police.

President Xi Jinping of China arrived in San Francisco on Tuesday for his first face-to-face talks with President Joe Biden in a year. Gov. Jerry Brown of California has been fired. As he landed his flight, Gavin Newsom, his partner Jennifer Siebel Newsom, and Treasury Secretary Janet Yellen greeted the Chinese king. When Newsom touched down in San Francisco earlier Tuesday, he greeted Biden.

San Francisco's efforts to spiff up downtown for the APEC meeting lasted into Monday evening, but people on the streets protested that attempts to "make it look pretty" won't be sustainable. You're not trying to fix the problem.' You're just trying to cover up s*** up,' said Michael Crowfoot, who took a COVID test on the street and received $5 in reward.

Despite the increase in yields, US Treasury Secretary Janet Yellen (pictured) claims that there is no 'dysfunction' in the Treasury market. Bond vigilantes, the self-appointed guardians of peace, are being greeted with suspicion by her remarks.

On Wednesday, the Treasury Department announced sanctions against ten Hamas members, agents, and financial facilitators, as conflict rages following the terrorist group's surprise assault on Israel. The latest sanctions have been levied against people based in Gaza and elsewhere, including Sudan, Turkey, Algeria, and Qatar, according to a department spokesperson.

Huw Pill (pictured) said that there is still'some work to do' to put a lid on rising costs. According to the bank's remarks, it is likely to raise interest rates once more if needed, despite the fact that it has put a halt to its increasing cycle last month. The bank lifted rates 14 times in a row between December 2021 and August this year, taking them from 0.1% to 5.2 percent.

According to a recent report, consumers in the United States are expected to reduce their spending in early 2024 for the first time since the pandemic as they fight looming financial pressures. The Americans have so far defied analysts' prediction of a slowdown by continuing strong spending to support the economy, but that could be coming to an end. Consuming will most likely decrease in the first quarter of 2024, according to a recent Bloomberg poll.