Commentary U.S. Treasury Secretary Yellen’s goal in Beijing is to explain President Joe Biden’s China policy, which has shifted a great deal. Prior to the beginning of the administration, it was widely believed that Mr. Biden would repeal the Trump-era tariffs and take a softer stance on China. In reality, he appointed a number of…

CHICAGO—Treasury Secretary Janet Yellen said on Wednesday that the United States and Western allies have immobilized half of the assets of the Russian central bank and will continue to impose “severe consequences” on Russian President Vladimir Putin and the wealthy oligarchs who support him if he escalates his war in Ukraine. Yellen, speaking in Chicago…

WASHINGTON—U.S. Treasury Secretary Janet Yellen on Tuesday told European Commission Executive Vice President Valdis Dombrovskis that cooperation was needed on “further strong measures” in response to Russia’s invasion of Ukraine after unprecedented sanctions, the U.S. Treasury said. “Secretary Yellen affirmed the United States’ support for Ukraine’s sovereignty, working together with our partners to hold Russia…

WASHINGTON—U.S. Treasury Secretary Janet Yellen on Tuesday said she would visit tribal communities over the next year as her department continues to expand its engagement with Native American tribes, which were hit disproportionately hard by the COVID-19 pandemic. Yellen told the second day of a White House Tribal Nations Summit that nearly 100 percent of…

WASHINGTON—U.S. Treasury Secretary Janet Yellen said on Thursday that President Joe Biden’s social spending and infrastructure packages would change the shape of the U.S. economy for the better and drive inflation down. Biden on Thursday unveiled a $1.75 trillion economic and climate change plan that he said unified Democrats and which was then was quickly…

WASHINGTON—U.S. Treasury Secretary Janet Yellen said on Sunday that it is too soon to say whether new policies or regulations are needed to deal with recent market volatility. “We really need to understand exactly what happened and the Securities and Exchange Commission (SEC) is working hard to assemble a report that gives us the facts,…