Janet Yellen says she's 'concerned' about Silicon Valley Bank depositors and is trying to 'meet their needs'

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Janet Yellen
Treasury Secretary Janet Yellen.

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The US could be 4 months away from a potentially disastrous debt-ceiling breach, but nobody's negotiating over how to fix it

Tech Insider : Economy, Politics
Senate Majority Leader Chuck Schumer, Senate Minority Leader Mitch McConnell, Speaker of the House Kevin McCarthy
Senate Majority Leader Charles Schumer (D-NY), Senate Minority Leader Mitch McConnell (R-KY), and Speaker of the House Kevin McCarthy (R-KY) in 2021.

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Janet Yellen now sees a chance the US economy will avoid a recession as inflation is coming down

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janet yellen
Janet Yellen, vice chair of the Board of Governors of the U.S. Federal Reserve System

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The US could run out of money to pay its bills as soon as July if the debt ceiling isn't raised by then, the CBO projects

Tech Insider : Economy, Politics
Biden
President Biden.

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Millions of seniors on Social Security are at risk of losing benefits this summer if the GOP doesn't raise the debt ceiling, Janet Yellen says

Tech Insider : Economy, Politics
Treasury Secretary Janet Yellen speaks during an event at the US Department of the Treasury on September 15, 2021 in Washington, DC.
Treasury Secretary Janet Yellen.

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Mitch McConnell slams Rick Scott's plan to sunset Social Security and Medicare, calling it 'a bad idea'

Tech Insider : Economy, Politics
Sen. Mitch McConnell and Sen. Rick Scott
Sen. Mitch McConnell (left) and Sen. Rick Scott.

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Americans are on track to see 'a significant decline in inflation' this year, Fed's Powell says

Tech Insider : Economy, Politics
Federal Reserve Chair Jerome Powell
Federal Reserve Board Chairman Jerome Powell speaks during a news conference after a Federal Open Market Committee meeting on February 01, 2023 in Washington, DC.

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Some GOP lawmakers aren't quite ready to take Medicare and Social Security out of the debt limit battle — even after Kevin McCarthy said the matter is 'off the table'

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Kevin McCarthy
House Speaker Kevin McCarthy of California.

AP Photo/Alex Brandon, File

Even with inflation cooling down, there's still a 'risk of recession' since the Fed keeps hiking interest rates, Janet Yellen says

Tech Insider : Economy, Politics
Jerome Powell and Janet Yellen
U.S. Federal Reserve Board Chairman Jerome Powell listens as U.S. Treasury Secretary Janet Yellen speaks during a meeting with the Treasury Department's Financial Stability Oversight Council at the U.S. Treasury Department on October 03, 2022 in Washington, DC.

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Kevin McCarthy reportedly agrees to leave cuts to Social Security and Medicare off the table in debt ceiling negotiations

Tech Insider : Economy, Politics
Kevin McCarthy
Speaker of the House Kevin McCarthy (R-CA).

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