Topic: Janet Yellen

Britain has sanctioned five people accused of committing "serious corruption" in developing nations including the vice president of Equatorial Guinea and and two Colombians connected to the Venezuelan government.

The United States imposed new sanctions on Cuban officials accused of "serious human rights abuse and corruption" amid ongoing protests calling for economic reform and COVID-19 relief.

Sen. Gary Peters, D-Mich., announced Tuesday that the Senate Committee on Homeland Security and Governmental Affairs will investigate the role cryptocurrencies play in encouraging and emboldening cybercrime.

Finance officials from the Group of 20 major economies announced after a two-day meeting in Italy that they have approved plans for a global minimum tax rate on multinational corporations.

The Biden administration announced $1.25 billion in federal COVID-19 relief funds for hundreds of community development lenders in an effort to boost local economies and small businesses struggling amid the pandemic.

Finance ministers from the Group of 7 nations have backed President Joe Biden's plan to overhaul the global tax system with a minimum tax on corporate earnings.

Treasury Secretary Janet Yellen said Thursday that Congress should increase spending, which includes devoting money to President Joe Biden's recovery proposals, because the government is still operating like it's 2010.

President Joe Biden on Thursday signed an executive order directing the federal government to develop a strategy to prevent climate-related risks to the U.S. economy and related assets.

U.S. markets reversed early gains on Tuesday after reports that housing starts had fallen and continued concern over how inflation might affect growth stocks.

Treasury Secretary Janet Yellen said Tuesday that the Federal Reserve may need to hike interest rates to ensure the "economy does not overheat" amid President Joe Biden's spending plans.