News Topic: Janet Yellen
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5 crypto developments bankers are watching
Yellen urges House to include IRS reporting provision in budget package
Treasury, regulators discuss path forward for stablecoins
Yellen to convene U.S. regulators to discuss stablecoins
Yellen targets curbs on development bank support for fossil fuel
Banking regulators expected to advance Biden agenda despite 'acting' tag
Fincen needs funding boost to implement new database, Yellen says
Biden ordering climate risk strategy for financial assets
Hsu officially named as acting head of OCC
Fed official tapped as interim OCC chief: Report
Will floundering FSOC gain more relevance under Yellen?
Yellen's priorities at FSOC: Climate risk, hedge funds, bond market
Calls intensify for Congress to intervene on Libor
The heads of the Federal Reserve and Treasury are urging passage of legislation that would replace Libor with the Secured Overnight Financing Rate in certain contracts. That would spare banks litigation over trillions of dollars of contracts when Libor ... Read full article
Yellen balks at calling asset managers systemically risky
Treasury Secretary Janet Yellen said she prefers to have the Financial Stability Oversight Council flag hazardous activities by nonbanks rather than subject specific firms to heightened supervision. ]] ... Read full article
Fed digital currency gains steam with Democrats in power
As the Federal Reserve continues to explore issuing a digital U.S. dollar, the Biden administration and key congressional leaders are endorsing the idea as a way to expand banking access for underserved consumers. ... Read full article
The national debt is big and getting bigger. Does it matter?
As government debt swells, the outer limits of what the U.S. can safely borrow are becoming less and less clear. ... Read full article
Yellen signals interest in backing digital-dollar research
Treasury Secretary Janet Yellen said a digital version of the dollar could help address hurdles to financial inclusion in the U.S. among low-income households. ... Read full article
In this crisis, White House and banks are on same team
More than a decade after the near collapse of the financial system and the bruising fight over Dodd-Frank put the industry and a Democratic administration in conflict, President Biden and the financial services sector are allied over the COVID-19 relief ... Read full article
Yellen wins confirmation to become first woman as Treasury chief
Janet Yellen was confirmed by the U.S. Senate as the country's 78th Treasury secretary and the first woman to hold the job, putting her in charge of overseeing an economy that continues to be hobbled by the coronavirus pandemic. ... Read full article