Tag: Janet Yellen

What could happen if US defaults on its debt?

What could happen if US defaults on its debt?

By Jacky
House Speaker Kevin McCarthy is calling for a deal this week to secure a deal before lawmakers in time to avoid a potential default. He sits with President Joe Biden on Monday at the White House

Yellen writes to warn McCarthy there could be no funds to run government in 10 DAYS

By Jacky
Yellen: The United States may default on its debts as of June 1

Yellen: The United States may default on its debts as of June 1

By Merry
Despite the huge injection of private capital, the markets still seemed worried that the First Republic could be swept up in a deepening banking crisis.

First Republic shares plunge as $30bn bailout package fails to assuage concerns about troubled bank

By Jacky
The Struggling First Republic Bank received $30 billion in deposits from a consortium of major US banks as part of a bailout package for the regional lender.

Why did First Republic need a $30BN intervention? The bank was infected after the collapse of SVB

By Jacky
Treasury Secretary Janet Yellen insisted that the US banking system is

Janet Yellen Vows US Banking Is ‘Sound’ During Senate Questioning

By Jacky
Oversight Committee Chairman James Comer revealed Tuesday morning that the panel received a large amount of financial materials and suspicious activity reports from Biden family accounts.

The Biden associate received a $3 million transfer from a Chinese company two months after the end of the vice president’s term.

By Jacky
President Joe Biden and Janet Yellen, the Treasury secretary, have sought to ease concerns about the banking sector after shares fell on Monday following the collapse of SVB.

Why has trading stopped at some banks and will the SVB contagion spread?

By Jacky
Treasury Secretary Janet Yellen testifies during a House Ways and Means committee hearing on President Joe Biden's fiscal year 2024 budget request. She said in a statement that the nation's banking system is

Janet Yellen insists that the banking system is ‘resilient’ after the biggest bank failure since 2008

By Jacky
Admiral John Kirby warned that Russia can provide defense cooperation

White House warns Putin may give fighter jets and attack helicopters to Iran

By Jacky
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