The modern equivalent isn’t literal coin shaving. But as 2026 starts with the U.S. staring down a 120% debt-to-GDP ratio, top ...

Janet Yellen warned Sunday that America’s surging national debt could severely constrain economic policymakers and undermine ...

A panel of economic luminaries say the long-run risk posed by mounting federal debt represented a paramount problem facing ...

Regarding Yellen’s argument on fiscal dominance risk, sources pointed out that the American economist claimed the US ...

Treasury Secretary Janet Yellen on Tuesday told House Speaker Nancy Pelosi that Congress has just under three weeks to address the looming debt ceiling and avoid near-certain economic calamity. "We ...

WASHINGTON, D.C. — U.S. Treasury Secretary Janet Yellen warned lawmakers Tuesday that Congress must address the looming debt ceiling before mid-October or risk defaulting on the nation's debt. In a ...

The Treasury Department described the conversation, which also covered the impact of Russia’s war against Ukraine on the global economy, as “candid and substantive.” Treasury secretary says high fuel ...

Former US Federal Reserve chair and treasury secretary Janet Yellen has weighed into the controversy surrounding President Trump’s sacking of Fed governor Lisa Cook for “cause,” warning it was not ...

US Treasury Secretary Janet Yellen told lawmakers on Tuesday the Covid-19 pandemic and the war in Ukraine may continue to add turbulence to the world economy. "There is the potential for continued ...

Yellen nonetheless said she is hopeful that a crisis — perhaps the looming insolvency of Social Security and Medicare — could ...

The dollar held on to gains from earlier in the session after Federal Reserve Chairwoman Janet Yellen offered some hints of optimism on the U.S. economy’s short-term prospects. The Federal Reserve ...