treasury Archives - Everett Post

Treasury Secretary Yellen testifies ‘banking system is sound’

Thursday, March 16 by ABC News

(WASHINGTON) -- Treasury Secretary Janet Yellen told Congress on Thursday the U.S. "banking system is sound" after two bank failures stirred economic fears.Yellen, testifying before the Senate Finance Committee, began her remarks by addressing the abrupt collapse of Silicon Valley Bank in California and... Read More.

Silicon Valley Bank collapse: Treasury, Fed and FDIC announce steps to ensure deposits will be paid in full

Monday, March 13 by ABC News

(WASHINGTON) -- The Federal Reserve, Treasury Department and Federal Deposit Insurance Corporation announced Sunday that they will make additional funding available to ensure all Silicon Valley Bank deposits, both insured and uninsured, will be paid in full."After receiving a recommendation from the boards of... Read More.

Treasury Secretary Janet Yellen rejects recession fears, says economy is ‘strong’

Monday, February 6 by ABC News

(NEW YORK) -- Treasury Secretary Janet Yellen rejected recession fears in an interview with ABC News' Good Morning America on Monday, saying the economy remains "strong and resilient."A blockbuster jobs report last week showed that the economy added 517,000 jobs in January, dropping the... Read More.

Treasury secretary says US to hit debt limit on Jan. 19

Friday, January 13 by ABC News

(WASHINGTON) -- Treasury Secretary Janet Yellen told congressional leaders Friday the U.S. would hit its debt limit next week -- setting up a showdown between Democrats, the White House and House Republicans, who have vowed to tie any increase in the debt ceiling to... Read More.

Treasury watchdog to probe DeSantis’ use of COVID relief money to fund migrant flights

Thursday, October 13 by ABC News

(WASHINGTON) -- A Treasury Department watchdog will probe whether Florida Republican Gov. Ron DeSantis improperly used COVID-19 relief funding to pay for migrant flights, ABC News confirmed Wednesday.In a letter obtained by ABC News, the agency's inspector general's office said it has audit work... Read More.

Treasury Department rejects GOP claims on new IRS agents

Thursday, August 18 by ABC News

(WASHINGTON) -- The Internal Revenue Service does not plan to use the nearly $80 billion it's set to receive in funding from the Inflation Reduction Act to hire 87,000 new agents in order to target middle class Americans, a Treasury Department official told ABC... Read More.

Treasury to propose new rule to fix Obamacare ‘family glitch’

Tuesday, April 5 by ABC News

(WASHINGTON) -- President Joe Biden on Tuesday will announce new steps his administration is taking to build on the Affordable Care Act, including a new executive order and a proposed rule from the Treasury Department to fix the ACA's so-called "family glitch.""Under Treasury's new... Read More.

Stories tagged with: treasury

Treasury Secretary Yellen testifies ‘banking system is sound’

Silicon Valley Bank collapse: Treasury, Fed and FDIC announce steps to ensure deposits will be paid in full

Treasury Secretary Janet Yellen rejects recession fears, says economy is ‘strong’

Treasury secretary says US to hit debt limit on Jan. 19

Treasury watchdog to probe DeSantis’ use of COVID relief money to fund migrant flights

Treasury Department rejects GOP claims on new IRS agents

Treasury to propose new rule to fix Obamacare ‘family glitch’

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