Treasury Secretary


Tesla leads rally as Treasury yields ease ahead of Yellen and Powell

Tesla leads rally as Treasury yields ease ahead of Yellen and Powell

(ATF) Tesla and Apple led a rally in technology stocks on Monday March 22, as Treasury yields fell firmly from recent highs. US Treasury Secretary Janet Yellen and Federal Reserve chairman Jerome Powell begin joint congressional testimony on Tuesday.Tesla rose by more than 6% after Ark Invest founder Cathie Wood …

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Yellen hails resilience of financial markets in GameStop turmoil

Yellen hails resilience of financial markets in GameStop turmoil

(ATF) The core infrastructure of financial markets proved resilient during recent high volatility and heavy trading volume involving GameStop and other assets, US Treasury Secretary Janet Yellen and top regulators agreed on Thursday February 4. The statement signals no sudden changes to market regulation.Regulators underscored the importance of the Securities …

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Yellen sticks to tough China line in confirmation hearing

Yellen sticks to tough China line in confirmation hearings

(ATF) Janet Yellen criticised Chinese policy towards American companies in a Senate confirmation hearing on Tuesday January 19 ahead of her expected appointment as US Treasury Secretary. She also warned trading partners against currency manipulation, but her main message was a call for the US to “act big” with swift …

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Mnuchin saves Alibaba, Baidu and Tencent from Trump ban

Mnuchin saves Alibaba from Trump ban

(ATF) Treasury Secretary Steve Mnuchin has prevailed in his bid to stop Alibaba, Baidu and Tencent being added to a blacklist of firms with Chinese military links, according to news reports on Wednesday January 13. Mnuchin won a battle within the Trump administration against Secretary of State Mike Pompeo and …

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Biden’s US Treasury pick Janet Yellen brings China expertise

Biden’s US Treasury pick Janet Yellen brings China expertise

(ATF) Biden’s two most important cabinet appointments have now been decided, with his long-time foreign policy adviser Antony Blinken due to be nominated as Secretary of State; and Janet Yellen to be tapped as the next Treasury Secretary.Both are centrist choices of individuals with experience in dealing with Chinese issues.Yellen …

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