text: English (USA)РусскийEnglish (India)TürkçeEnglish (Canada)‏العربية‏English (Australia)ΕλληνικάEnglish (South Africa)SvenskaEnglish (Philippines)SuomiEnglish (Nigeria)עבריתDeutsch日本語Español (España)한국어Español (México)简体中文Français繁體中文ItalianoBahasa IndonesiaNederlandsBahasa MelayuPortuguês (Portugal)ไทยPolskiTiếng ViệtPortuguês (Brasil)हिंदी
  ‘;
  Economy 2 minutes ago (Oct 04, 2022 19:14)
  © Reuters.
  (Bloomberg) — Treasury Secretary Janet Yellen on Tuesday dismissed speculation that she plans to depart from her post in the near future.
  “There is no truth to that,” Yellen said at an event in Washington Tuesday when asked about reports that she may soon be leaving the Biden administration.
  A report last week from Axios said that White House staff were preparing for the potential departure of both Yellen and White House National Economic Council Director Brian Deese. Bloomberg later reported that Yellen had told White House officials she’s prepared to remain Treasury secretary well after the midterm elections in November, citing people familiar with the discussions.
  Yellen, 76, is keen to continue pursuing several priorities, including an international price cap on some Russian oil exports and an $80 billion modernization of the Internal Revenue Service, the people said.
  Deese also said last week that he doesn’t plan to leave his post.
  Yellen’s remarks came at the Freedman’s Bank Forum, an annual conference at the Treasury Department on economic inequality and the racial wealth divide in the US.
  (Updates with context starting in fourth paragraph.)
  ©2022 Bloomberg L.P.
  Janet Yellen Says There’s ‘No Truth’ to Reports of Her Leaving Office Soon
  UK finance minister Kwarteng says setting tax is important to sovereigntyBy Reuters – Oct 04, 2022
  BIRMINGHAM, England (Reuters) – British finance minister Kwasi Kwarteng said on Tuesday he believed that setting tax rates was an important mark of sovereignty when asked about…
  Ukraine’s central bank governor resigns, citing health reasonsBy Reuters – Oct 04, 2022
  KYIV (Reuters) -Ukrainian Central Bank Governor Kyrylo Shevchenko abruptly submitted his resignation on Tuesday, citing health reasons in a Facebook (NASDAQ:META) post. “Due to…
  Pressure on Germany as energy crunch revives EU divisions over joint debtBy Reuters – Oct 04, 2022
  By Jan Strupczewski and Gabriela Baczynska BRUSSELS (Reuters) – Two top European Union officials on Tuesday called for joint borrowing to help the 27-nation bloc navigate the…
  Our Apps
  Terms And Conditions
  Privacy Policy
  Risk Warning
  © 2007-2022 Fusion Media Limited. All Rights Reserved.
  Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
  Share
  What's your reaction?
  Excited
  0
  Happy
  0
  In Love
  0
  Not Sure
  0
  Silly
  0
  08
  Previous
  Here’s what’s happening with home prices, as the market contends with tight supply and high rates
  Next
  Amazon freezes corporate hiring in its retail business
  You may also like
  Latest News
  Canada is the one of the most crypto obsessed countries in the world, study finds
  December 7, 2022 (Investorideas.com Newswire) Cryptocurrency education platform CryptoManiaks combined monthly Google searches for ten ...
  By
  32 mins ago
  Latest News
  S&P 500 Sold Off Again – Is This Still Just a Correction?
  December 7, 2022 (Investorideas.com Newswire) Stock prices suffered another sharp decline yesterday – is this ...
  By
  47 mins ago
  Latest News
  Slight Risk-off Pause
  December 7, 2022 (Investorideas.com Newswire) S&P 500 continued lower as the 4,010 recapture attempt failed ...
  By
  57 mins ago
  Leave a reply Cancel reply
  Your email address will not be published. Required fields are marked *
  Comment
  Name *
  Email *
  Website
  Save my name, email, and website in this browser for the next time I comment.
  More in:Latest News
  Latest News
  Bank of Canada raises key rate 50bps, leaves future rate path open
  Bank of Canada raises key rate 50bps, leaves future rate path open By Investing.com Breaking ...
  By
  1 hour ago
  Latest News
  Bank of England set to raise rates to 3.5% after inflation hits 41-year high
  Bank of England set to raise rates to 3.5% after inflation hits 41-year high By ...
  By
  1 hour ago
  Latest News
  Is China losing its ‘factory of the world’ crown to India?
  December 7, 2022 (Investorideas.com Newswire) India’s intentions to take over China’s ‘factory of the world’ ...
  By
  1 hour ago
  Do You Want Straight Forward Views On What's Happening With The Stock Market, Direct to Your Inbox?
  Help yourself with our FREE email newsletter designed to help you protect and grow your portfolio. Sign up now:
  By opting in you agree to our Privacy Policy. You also agree to receive emails from us and our affiliates. Remember that you can opt-out any time, we hate spam too!