Top Republican Demands Janet Yellen Testifies About $44 Billion In Unused COVID Funds
THOMAS CATENACCI CONTRIBUTOR A top GOP congressman urged Democrats to require Treasury Secretary Janet Yellen to testify about $44 billion in unused coronavirus rental assistance funds. House Financial Services Committee Ranking Member Patrick McHenry wrote to his counterpart Chairwoman Maxine Waters on Tuesday, demanding her to force Treasury Secretary Janet Yellen to testify about the apparent gross […]
In Historic First, Janet Yellen Becomes First Female Treasury Secretary To Request Ethics Waiver For Wall Street Speaking Fees
ANDREW KERR INVESTIGATIVE REPORTER Treasury Secretary Janet Yellen sought and received an ethics waiver before she called a meeting between top federal regulators to discuss market volatility surrounding GameStop and other so-called meme stocks, according to Reuters. Yellen’s move to obtain an ethics waiver followed reports that she received more than $800,000 in speaking fees from […]
Fox in the Hen House: Why Interest Rates Are Rising
By Ellen Brown The Fed is aggressively raising interest rates, although inflation is contained, private debt is already at 150% of GDP, and rising variable rates could push borrowers into insolvency. So what is driving the Fed’s push to “tighten”? On March 31st the Federal Reserve raised its benchmark interest rate for the sixth […]
Senate moves toward maintaining monetary status quo
By George Miller The Senate Finance Committee, in a 14-8 bipartisan vote, approved Janet Yellen, current vice chairwoman of the Board of Governors of the Federal Reserve System (photo-L), Obama’s nominee to replace Ben Bernanke as Federal Reserve Chair. A full Senate vote would still be needed to confirm her. Bernanke, a Bush appointee, served through […]
