Tag Archives Janet Yellen

Silicon Valley Bank Collapses As Regulators Seized Control

The closure of Silicon Valley Bank, the 16th largest U.S. bank marks the second-largest bank failure in history

Silicon Valley Bank collapsed Friday with financial regulators rushing in to seize control over the tech-focused lender’s assets and liabilities following a frenetic week that saw an unsuccessful attempt to raise capital triggering a depositor exodus.

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U.S. Hits Debt Limit, Triggering ‘Extraordinary Measures’ To Avoid Default

U.S. Hit Its Statutory Debt Limit, Setting Up Bitter Standoff Between Republicans & Biden

The U.S. government hit its statutory $31.4 trillion debt limit Thursday, Treasury Secretary Janet Yellen announced, prompting the Treasury to start taking “extraordinary measures” in order for the nation to avoid a catastrophic default for at least the next few months.

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Yellen Warns U.S. Will Hit Debt Limit In Less Than a Week

The U.S. To Hit Debt Ceiling In Less Than A Week, Spending Fight Battle Brewing On Capitol Hill

The U.S. is expected to reach its borrowing limit next Thursday, causing the Treasury Department to begin deploying “extraordinary measures” that buys the federal government enough time to starve off the specter of a debt default until at least early June as Washington kicks off a contentious debt ceiling battle.

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White House

Biden Makes Suprise Visit to Embattled Kyiv as War Nears One-Year Mark

Biden Makes Suprise Visit to Embattled Kyiv as War Nears One-Year Mark

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Yellen: Fed Will Need ‘Luck’ & ‘Some Skills’ To Get ‘Soft Landing’

Treasury Sect. Yellen says the Federal Reserve needs "luck" and skills to avoid an economic crash

Treasury Secretary Janet Yellen struck a hopeful tone in the Federal Reserve achieving a soft landing, saying the Central Banks will need some “luck” and “some skills,” but warned that a looming recession will be a “risk” for the Biden administration in the upcoming months.

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