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Yellen to attend G-7 finance meeting in first overseas trip

Yellen to attend G-7 finance meeting in first overseas trip Naomi Jagoda © Getty Images Yellen to attend G-7 finance meeting in first overseas trip Treasury Secretary Janet Yellen is slated to make her first overseas trip since being confirmed next month to attend a meeting of the Group of Seven (G-7) finance ministers in London, the department announced Monday. The meeting of finance officials in the G-7, a group of industrial countries, will take place in London on June 4 and June 5. Prior to traveling to London, Yellen will participate in a virtual meeting with G-7 finance ministers and central bank governors, Treasury said in a statement.

Yellen deputy Adeyemo on track for quick confirmation

Yellen deputy Adeyemo on track for quick confirmation Niv Elis © Greg Nash Deputy Treasury Secretary nominee Adewale Adeyemo Wally Adeyemo appears on track for a swift, uncontroversial Senate confirmation as the first Black deputy Treasury secretary following a laudatory reception at the Senate Finance Committee on Tuesday. Both Democrats and Republicans in the confirmation hearing praised Adeyemo s experience, which consists of a mix of private and public sector jobs. Wally Adeyemo is an ideal choice to serve as deputy secretary, Finance Committee Chairman Ron Wyden (D-Ore.) said at the hearing, pointing to Adeyemo s domestic and international economic experience, and his previous experience with the Finance Committee itself.

Yellen: Biden stimulus plan fastest way to bring economy back to pre-pandemic levels

Yellen: Biden stimulus plan fastest way to bring economy back to pre-pandemic levels John Bowden © Getty Images Yellen: Biden stimulus plan fastest way to bring economy back to pre-pandemic levels Treasury Secretary Janet Yellen said Sunday that she supports President Biden s plan for a large stimulus package, currently proposed at $1.9 trillion, calling it the best way to get the U.S. economy back to pre-pandemic levels. Speaking on CNN s State of the Union, Yellen explained that while the president was committed to working with all members of Congress, the administration was more interested in passing a plan that addressed all of the needs brought forth by COVID-19.

Yellen thanks rapper behind Hamilton-style song about her: Your tune is money

Yellen thanks rapper behind Hamilton-style song about her: Your tune is money Sarah Polus © Getty Images Yellen thanks rapper behind Hamilton-style song about her: Your tune is money Janet Yellen, who was sworn in Tuesday as the first-ever female Treasury secretary, took to social media to thank rapper Dessa for releasing a money song in her honor. The tune, titled Who s Yellen Now?, is a Hamilton -style ode to the former chair of the Federal Reserve, performed by Dessa, a contributor on The Hamilton Mixtape. Biden inspired the tune when he introduced Yellen back in December. He joked during the administration personnel announcement that Lin-Manuel Miranda, who wrote the hit Broadway musical Hamilton about the nation s first secretary of the treasury Alexander Hamilton, now needed to write a second musical about Yellen.

Yellen, Blinken made more than $1M from corporate speeches, clients: financial disclosures

Yellen, Blinken made more than $1M from corporate speeches, clients: financial disclosures Justine Coleman © Getty Images Yellen, Blinken made more than $1M from corporate speeches, clients: financial disclosures President-elect Joe Biden s pick to lead the Treasury Department made more than $1 million from speeches and working with corporate clients, according to financial disclosures published on Thursday. Janet Yellen, Biden s nominee to be secretary of Treasury, made more than $7.2 million speaking at Wall Street firms and corporations over the past two years, according to her financial disclosure form. The president-elect s choice for secretary of State, Antony Blinken, has made almost $1.2 million in the past two years through consulting clients at the firm WestExec Advisors, according to his financial disclosure.

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