White House
Treasury Secretary Yellen reaffirms U.S. could run out of cash to fork out charges by early June
U.S. Treasury Secretary Janet Yellen and Ukraine Primary Minister Denys Shmyhal converse to the press after holding a bilateral conference at the U.S. Treasury Section Developing in Washington, D.C., U.S. April 13, 2023. Ken Cedeno | Reuters WASHINGTON — Treasury Secretary Janet Yellen reaffirmed to Congress on Monday that the United States could default on […]
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Biden suggests he is ‘optimistic’ about a financial debt ceiling offer as leaders get ready for Tuesday assembly
U.S. President Joe Biden, who just announced his reelection marketing campaign for president, delivers remarks at North America’s Developing Trades Unions Legislative Conference at the Washington Hilton, Washington D.C, April 25, 2023. Leah Millis | Reuters WASHINGTON — President Joe Biden seems optimistic about the odds of achieving a deal with Republicans to elevate or […]
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U.S. can prevent default in July if Treasury can make it via June income crunch, Congressional Spending budget Place of work suggests
People today wander and trip bicycles past the US Capitol in Washington, DC, on Could 11, 2023. Jim Watson | AFP | Getty Pictures WASHINGTON — The Congressional Budget Workplace on Friday reported that tax revenues and crisis actions right after June 15 “will most likely enable the govt to proceed financing operations through at […]
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Failure to elevate personal debt ceiling would be an ‘economic disaster,’ Treasury Secretary Yellen says
U.S. Treasury Secretary Janet Yellen holds a information meeting in the Hard cash Room at the Treasury Department on April 11, 2023 in Washington, DC. Chip Somodevilla | Getty Images WASHINGTON — Failure to raise the U.S. debt ceiling would cause an “financial disaster,” Treasury Secretary Janet Yellen reported Monday. “That is anything that could […]
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Here’s what the SEC will require under its strict new stock buyback disclosure rules
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler, testifies before the Senate Banking, Housing and Urban Affairs Committee during an oversight hearing on Capitol Hill in Washington, September 15, 2022. Evelyn Hockstein | Reuters WASHINGTON — As investors focused this week on earnings and regional banks, the Securities and Exchange Commission quietly adopted new […]
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Additional than 250 organization leaders back Julie Su for Labor secretary as nomination hangs in the harmony
Deputy Labor Secretary Julie Su testifies right before the Senate Wellbeing, Education and learning, Labor and Pensions Committee throughout her confirmation listening to to be the next secretary of the Labor Department in the Dirksen Senate Office environment Constructing on Capitol Hill on April 20, 2023 in Washington, DC. Chip Somodevilla | Getty Illustrations or […]
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White Dwelling announces $140 million A.I. hub investment decision forward of assembly with Google, OpenAI
President Joe Biden and Vice President Kamala Harris perform an function on the South Garden of the White Home to commemorate the Bipartisan Safer Communities Act, which will enable curb gun violence, on Monday, July 11, 2022. Tom Williams | CQ-Roll Call, Inc. | Getty Pictures The White Property introduced it would make investments $140 […]
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Former prime execs of SVB and Signature Financial institution will testify at Senate hearing this month
Folks stroll by a Manhattan department of Signature Financial institution which was closed by financial institution regulators on Sunday on March 13, 2023 in New York City. Spencer Platt | Getty Illustrations or photos WASHINGTON — Former top rated executives of failed Silicon Valley Bank and Signature Financial institution will testify ahead of the Senate […]
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Democrats harden their concept on the credit card debt ceiling while quietly paving the way for a deal
US Senate The greater part Chief Chuck Schumer (D-NY) speaks to the push as US House Minority Chief Hakeem Jeffries (D-NY) (L) listens, following meeting with US President Joe Biden at the White Residence in Washington, DC, on January 24, 2023. Andrew Caballero-Reynolds | AFP | Getty Photographs WASHINGTON — Democrats responded to the information that […]
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Lawmakers praise First Republic sale, but endeavours to pass new bank procedures are fizzling
Chairman Sherrod Brown, D-Ohio, still left, and ranking member Sen. Tim Scott, R-S.C., get there for the Senate Banking, Housing, and Urban Affairs Committee hearing titled “Latest Bank Failures and the Federal Regulatory Reaction,” in Dirksen Constructing Thursday, April 27, 2023. Tom Williams | Cq-roll Phone, Inc. | Getty Photographs WASHINGTON — Lawmakers who sit […]
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