Yellen: America Needs $1.9 Trillion Stimulus — ‘We Are Digging Out of a Deep Hole’
Treasury Secretary Janet Yellen on Thursday argued in favor of $1.9 trillion in coronavirus stimulus.

Treasury Secretary Janet Yellen on Thursday argued in favor of $1.9 trillion in coronavirus stimulus.
The majority of American voters say the federal government is “biased in favor of bankers,” while only a fraction believe there is a bias toward United States consumers, a poll reveals.
Speaking to the leaders of the G7 nations in a virtual meeting Friday, Treasury Secretary Janet Yellen said “the time to go big is now.”
Treasury Secretary Janet Yellen plans to create a senior post at the Treasury Department that will be charged with monitoring alleged risks to the financial system from climate change.
Vice President Kamala Harris is getting flack for recently wearing Dolce & Gabbana because the brand has been accused of racism.
Her enormous speaking fees from Citadel raise questions about conflicts of interest.
Nigel Farage has hailed the GameStop rebellion as the natural successor to the populist movement which carried Brexit and Donald Trump to victory in 2016.
“We need to act now, and the benefits of acting now and acting big will far outweigh the cost in the long run,” Yellen said to reporters during the meeting with Biden in the Oval Office.
On Thursday, the trading app Robinhood infuriated users after blocking purchases of stocks popularized by trading communities on Reddit.
Janet Yellen, the former chairwoman of the Federal Reserve who is now His Fraudulency Joe Biden’s Treasury Secretary, made millions off Wall Street “speaking fees” over the past two years. In some cases, she didn’t even have to show up to speak. Her appearance was “virtual.”
Yellen will speak to the president after the trading app Robinhood infuriated users for blocking purchases Thursday of stocks popularized by Reddit such as GameStop.
The beneficiaries of Wall Street’s cash flow have stacked President Joe Biden’s cabinet picks to head various agencies, including the Treasury Department, Transportation Department, and State Department.
“I don’t think that I have anything more for you on it, other than to say separate from the Gamestop issue the Secretary of Treasury is one of the world-renowned experts on markets, on the economy,” White House press secretary Psaki said during the press briefing.
The United States Senate voted Monday to confirm Janet Yellen as the nation’s next Secretary of the Treasury, making her the first woman to hold the position in American history after she was chosen by President Joe Biden last November.
Republicans could not muster one vote against Yellen in the Senate Finance Committee.
Janet Yellen’s nomination marks a break with historical norms, even though few in Washington, D.C. seem to have noticed.
A stark contrast with the bitter, partisan, bruising hearings Trump’s nominee faced four years ago.
President-elect Joe Biden’s nominee to head the Treasury Department, Janet Yellen, raked in millions from Wall Street firms and multinational corporations for “speaking fees” over just the past two years, financial disclosure reports reveal.
Yellen described the American dream as “a society where each person can rise to their potential and dream even bigger for their children.”
President Donald Trump’s niece, Mary Trump, said Tuesday on CNN’s “Tonight” her uncle was “delusional” and not capable of understanding a pardon is “essentially an admission of guilt,” so he will likely attempt to pardon himself.
Tuesday on FNC’s “Your World,” Sen. Rand Paul (R-KY) took a dig at Treasury Secretary Steve Mnuchin.
Joe Biden has purportedly settled on former Federal Reserve chairwoman Janet Yellen as his secretary of the treasury, according to the Wall Street Journal.
The Federal Reserve Bank of Chicago ended its work with University of Chicago economics professor Harald Uhlig after he was targeted by left-wing peers for criticizing the Black Lives Matter movement and its call to “defund the police.”
Former Federal Reserve chair Janet L. Yellen told the New York Times on Wednesday that she backs an effort to have Harald Uhlig fired as editor of a prestigious economic journal because he opposes “defund the police.”
“This is a huge, unprecedented, devastating hit,” Yellen said. “My hope is that we will get back to business as quickly as possible.”
Employment, household spending, and business investment have made solid gains, according to the Federal Reserve.
The Fed dramatically raised its forecast for economic growth in 2018 while saying it will not stand in the way of tax cut driven growth.
The Federal Reserve raised short-term interest rates by a quarter point on Wednesday, setting a target range of 1.25% to 1.5%.
The Federal Reserve will almost certainly raise its short-term interest rate target by a quarter percentage point at the conclusion of its two-day policy meeting Wednesday.
President Donald Trump is leaning toward appointing both Standford University economist John Taylor and former investment Jerome “Jay” Powell to top positions at the Federal Reserve, according to people familiar with the president’s thinking.