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The Latest Breaking News from Janet Yellen

Almost half of homeowners feel trapped by high mortgage rates, study reveals

A fifth of renters have given up on homeownership, according to poll

The Independent UK

Another ‘central casting’ central banker: Trump’s pick of Kevin Warsh fits a well-established pattern

Nearly a decade ago, Trump reportedly doubted Janet Yellen was tall enough to be Fed chair. His choice was Jerome Powell.

Fortune

Kevin Warsh went from selling racetrack pencils to Trump's new Fed chair pick. His advice for Gen Z: merit is the ultimate currency in the workplace

Before Wall Street and Washington, Kevin Warsh sold pencils at a horse track. His secret for success is simple: work harder than everyone else—and learn from the best.

Fortune

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read the most diverse news in one place.

‘We are Jerome Powell’: Gen Z finds an unlikely meme hero in the Fed chair via AI songs and fan edits

After refusing to bend to political pressure, Fed chair Jerome Powell is now the latest heartthrob.

Fortune

First Thing: Family of Renee Good urges ‘empathy’ in call for justice

US woman killed by ICE agent called ‘extraordinary mother’. Plus, Trump says countries trading with Iran face 25% tariff

The Guardian - UK

As U.S. debt soars past $38 trillion, the flood of corporate bonds is a growing threat to the Treasury supply

"The significant increase in hyperscaler issuance raises questions about who will be the marginal buyer of IG paper."

Fortune

Janet Yellen warns the $38 trillion national debt is nearing a red line economists have warned about for decades

Top economists fear the era of fiscal dominance is here, and we’ve abandoned the debt problem already.

Fortune

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Top economists call on world leaders to set up an international panel on inequality

Hundreds of top economists and other experts including former U.S. Treasury Secretary Janet Yellen are calling for the world to set up an independent international panel on income and wealth inequality

The Independent UK

Greenspan, Bernanke and Yellen urge Supreme Court to let Lisa Cook keep her job as a Fed governor

Alan Greenspan, Ben Bernanke, Janet Yellen and other former top economic officials appointed by presidents of both parties are urging the Supreme Court to preserve the Federal Reserve’s political independence and allow Lisa Cook to remain as a central bank governor for now

The Independent UK

Why Trump’s attacks on the Fed’s independence are so dangerous

The Federal Reserve cut interest rates this week. But the aggressive action Trump seeks could dramatically backfire

The Guardian - US

Janet Yellen Warns Of 'Catastrophic' Consequences As Trump Fires Fed's Lisa Cook: 'Higher inflation, Volatile Growth...Weakened Currencies'

Janet Yellen, the former chair of the Federal Reserve, has issued a stark warning about the potential fallout from President Donald Trump’s recent attempt to dismiss Fed Governor Lisa Cook.

Benzinga

Former Fed Chairs Ben Bernanke, Janet Yellen Warn Trump's Pressure On Powell Could Lead To 'Inevitably Higher Inflation And Economic Damage'

Former Federal Reserve Chairs Ben Bernanke and Janet Yellen have cautioned that President Donald Trump‘s ongoing pressure on the current Fed chief, Jerome Powell, could have dire long-term consequences for the U.S. economy.

Benzinga

Peter Schiff Says Trump Wants Fed Chair Jerome Powell To Do 'Exactly' What He Accused Janet Yellen Of Doing For Obama: 'A Dangerous Step'

Economist Peter Schiff is calling out President Donald Trump’s blatant hypocrisy on the Federal Reserve’s interest rate policy, saying that his demands and behaviors mirror what he had himself condemned in the past.

Benzinga

Trump's 'Bills Over Bonds' Strategy Can Spell Doom For The Dollar, Warns Craig Shapiro: 'Got Gold, Bitcoin?'

Leading macro strategist, Craig Shapiro, is warning that President Donald Trump’s proposal to lean more in favor of short-term Treasury bills could have major ramifications for the U.S. Dollar.

Benzinga

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Fortune

Janet Yellen says America would be 'lucky to skirt a recession'

"We’re in a world of tremendous uncertainty,” the former Federal Reserve chair and U.S. Treasury secretary said.

Reason

White House Cites Tariff Reports That Undermine Its Own Claims

Attempting to defend Trump's tariffs, the White House points to studies that show they raise prices, cut manufacturing output, and lead to costly retaliation.

Fortune

Europe’s leaders pile pressure on EU to release $200 billion of frozen Russian assets

A rift is emerging between the east and west of the EU over what to do with Russia’s seized central bank reserves.

The Guardian - UK

Trump versus the bond market: president-elect’s campaign rhetoric puts investors on edge

Some analysts fear ballooning federal debt and a bullish stock market means ‘something will surely snap’

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news in one place.

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Tom’s Hardware

Chinese hackers infiltrated US Treasury Secretary's PC — attackers had access to over 400 PCs

Chinese hackers accessed over 400 computers and over 3,000 unclassified files when they infiltrated the U.S. Treasury.

Top News

Treasury Nominee Supports Tougher Sanctions On Russia

Biden administration imposes new sanctions on Russian oil entities to disrupt funding for Ukraine conflict.

International Business Times

Trump's Treasury Secretary Nominee Claims There Will Be 'Economic Calamity' If Republican Tax Cuts Are Not Extended

Scott Bessent warned about the dangers of not extending tax cuts implemented during Donald Trump's first term.

International Business Times

Yellen Warns Against Extending Trump Era Tax Cuts: 'Unsustainable'

US Treasury Secretary Janet Yellen warned Wednesday that plans to extend President-elect Donald Trump's 2017 tax cuts -- which remained in place under Joe Biden but are set to expire -- will add to unsustainable deficits.

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