Yellen says China trip "has been successful" in forging relationships
Yellen believes her visit to Beijing created "opportunity for a deeper set of more frequent contacts," she said on "Face the Nation" Sunday.
Watch CBS News
Yellen believes her visit to Beijing created "opportunity for a deeper set of more frequent contacts," she said on "Face the Nation" Sunday.
The following is a transcript of an interview with Treasury Secretary Janet Yellen that aired on "Face the Nation" on July 9, 2023.
CBS News foreign correspondent Ramy Inocencio has the latest world financial news, including expectations for Treasury Secretary Janet Yellen's meetings with Chinese officials and a spike in Americans visiting Europe.
U.S. Treasury Secretary Janet Yellen is calling on China to end what she calls "unfair economic practices" during a trip to Beijing, where she's having high-stakes meetings with senior Chinese officials. CBS News senior foreign correspondent Elizabeth Palmer is in the Chinese capital with more.
Janet Yellen, in Beijing to meet Chinese officials and American businesses, stressed the U.S. desire to trade, but not at the expense of security.
U.S. Treasury Secretary Janet Yellen arrived in China earlier Thursday morning. During her trip, she will meet with Chinese senior officials as well as U.S. firms doing business in the country. Her trip is part of an effort to relieve strained economic relations between the two world powers. CBS News senior foreign correspondent Elizabeth Palmer is following it all from Beijing.
Treasury Secretary Janet Yellen is the second top-ranking Biden administration official to visit China in recent weeks.
U.S. Treasury Secretary Janet Yellen is in Beijing in an effort to revive relations between the U.S. and China. Yellen's trip is scheduled until July 9. Elizabeth Palmer reports.
The Biden administration is moving to restrict Chinese companies from accessing U.S. cloud-computing services ahead of Treasury Secretary Janet Yellen's trip to Beijing. Earlier this week, China imposed restrictions on the exports of two minerals used in advanced chip manufacturing. Robert Ross, non-resident fellow at the Quincy Institute, joins CBS News to discuss what the U.S. stands to gain from Yellen's visit.
Treasury Secretary Janet Yellen is traveling to China in an attempt to ease tensions on a range of economic and security issues. CBS News reporter Sarah Ewall-Wice has more.
Treasury Secretary Janet Yellen will visit China on Thursday as part of an ongoing push from the U.S. to try and stabilize relations with Beijing. Yellen will meet with senior Chinese officials and leaders of U.S. companies operating in China. CBS News reporter Sarah Ewall-Wice joins to discuss the main priorities of Secretary Yellen's visit.
Janet Yellen's trip comes on the heels of Secretary of State Antony Blinken's trip to China in June.
The House passed the bill to raise the debt ceiling Wednesday. Now, the Senate will take it up.
This week on "Face the Nation with Margaret Brennan," an exclusive interview with Treasury Secretary Janet Yellen, plus Democratic Rep. Ro Khanna and House Foreign Affairs committee chair Republican Rep. Michael McCaul.
Treasury Secretary Janet Yellen announced Friday that the estimated deadline that the government could begin to default on its debts has been pushed back from June 1 to June 5, giving negotiators an extra four days to reach a deal on raising the nation's debt ceiling. House Speaker Kevin McCarthy has expressed optimism that it will get done in time. CBS News congressional correspondent Scott MacFarlane has the latest.
With the White House and Republican congressional leaders still negotiating a deal to raise the nation's debt ceiling, U.S. Treasury Secretary Janet Yellen provided some positive news Friday, when she pushed back the estimated deadline that the government could begin to default on its debts from June 1 to June 5. Scott MacFarlane has the latest.
President Biden and congressional leaders met again Tuesday, but still have not reached a deal on raising the debt limit. Treasury Secretary Janet Yellen warns the U.S. may not be able to pay its bills as early as June 1. Ed O'Keefe reports.
Secretary Janet Yellen told Congress Monday that the Treasury Department has already seen borrowing costs "increase substantially" for securities maturing in early June.
President Biden and congressional leaders postponed a meeting scheduled for Friday on the debt ceiling, but talks were ongoing between White House staff and aides to the lawmakers. CBS News reporter Sarah Ewall-Wice joined Anne-Marie Green to discuss the latest in the discussions.
Millions of Social Security recipients "need to be very careful" about spending because payments could be delayed, one expert said.
Economic data released Thursday shows that U.S. wholesale price increases decelerated in April and unemployment claims increased in the week ending May 6. Meanwhile, Treasury Secretary Janet Yellen warns that if the U.S. defaults on its debt, it could threaten the global economy. Jeanna Smialek, a Federal Reserve and economy reporter at the New York Times, joins CBS News to discuss.
The treasury secretary also told G-7 finance ministers and central bank chiefs meeting in Japan that a first-ever U.S. default on its debts is "unthinkable."
A union representing federal employees is calling the law governing the debt limit unconstitutional in a new lawsuit.
Treasury Secretary Janet Yellen said last week that the U.S. could default on its debt obligations as soon as June 1. House Financial Services Committee chair Rep. Patrick McHenry says Republicans have no "red lines" in negotiations, "other than that we have to address our fiscal house at a time when federal spending is up more than 40% from pre-COVID levels."
As Congress and the White House face down a deadline to raise the debt ceiling, the U.S. moves closer to a possible default. CBS News' Errol Barnett has a look at why the U.S. handles its debt differently than any other nation.
Authorities haven't named a suspect or person of interest in Nancy Guthrie's disappearance as the search continued for a third week.
Search teams are scouring the back country near California's Lake Tahoe for nine skiers still missing after an avalanche.
Trump has not yet made a final decision about whether to strike Iran, sources told CBS News.
The U.S. is planning to withdraw its remaining 1,000 troops from Syria over the next two months, U.S. officials told CBS News, ending a roughly decade-long presence there.
Regina Santos-Aviles told a colleague in a text message months before her death that she had an affair with Gonzales.
An avalanche near California's Lake Tahoe has become the fourth deadliest in U.S. history. Here's what we know about the six deadliest slides.
Billionaire retail tycoon Les Wexner testified before a House committee Wednesday as part of the panel's investigation into Jeffrey Epstein.
The wreck of the stone-hauling vessel is in the same area where the founder of the Cleveland Underwater Explorers died in 2024.
"The Late Show" host Stephen Colbert slammed CBS again on Tuesday night after the network issued a statement about his interview with Texas Democrat James Talarico.
The Centers for Disease Control and Prevention hasn't had a Senate confirmed director since last summer, and that official was in the job for less than a month.
Authorities haven't named a suspect or person of interest in Nancy Guthrie's disappearance as the search continued for a third week.
Brad Reese claims Hershey is cutting costs by relying on cheaper ingredients, risking the Reese's brand.
Star figure skater Ilia Malinin stressed he was focused on moving forward and continuing to push the boundaries of the sport.
The wreck of the stone-hauling vessel is in the same area where the founder of the Cleveland Underwater Explorers died in 2024.
Brad Reese claims Hershey is cutting costs by relying on cheaper ingredients, risking the Reese's brand.
The Meta CEO defended his company's efforts to keep kids under 13 off of Instagram, but noted that there are "people who lie" about their ages.
With the reversal from the FDA, Moderna said it is aiming to make the vaccine available for the 2026-27 flu season.
A federal judge dismissed a lawsuit filed by an Illinois man who alleged that Buffalo Wild Wings' use of the term "boneless wings" was deceptive.
Tesla CEO Elon Musk has said the electric vehicle maker plans this year to greatly expand its self-driving taxi business.
The Centers for Disease Control and Prevention hasn't had a Senate confirmed director since last summer, and that official was in the job for less than a month.
Trump has not yet made a final decision about whether to strike Iran, sources told CBS News.
The U.S. is planning to withdraw its remaining 1,000 troops from Syria over the next two months, U.S. officials told CBS News, ending a roughly decade-long presence there.
Regina Santos-Aviles told a colleague in a text message months before her death that she had an affair with Gonzales.
Billionaire retail tycoon Les Wexner testified before a House committee Wednesday as part of the panel's investigation into Jeffrey Epstein.
The Centers for Disease Control and Prevention hasn't had a Senate confirmed director since last summer, and that official was in the job for less than a month.
With the reversal from the FDA, Moderna said it is aiming to make the vaccine available for the 2026-27 flu season.
Rosabella-brand moringa capsules could be linked to Salmonella cases in seven U.S. states, health officials said.
Twenty one states in the U.S. have confirmed cases of measles.
The Trump administration's new discounted drug platform, TrumpRx, isn't a game-changer for consumers, health care experts said.
Trump has not yet made a final decision about whether to strike Iran, sources told CBS News.
Ukraine calls a decision to allow Russian and Belarusian athletes to compete in the 2026 Paralympics under their nations' flags, "disappointing and outrageous."
Marius Borg Hoiby faces 38 charges, including raping four women while they were asleep or had passed out.
U.S.-brokered Ukraine-Russia peace talks wrap up with little to show, and Zelenskyy accusing Moscow of playing for time
Ski mountaineering is new to the Olympics, but it's actually one of the oldest forms of skiing. Here's more on the treacherous sport that pushes athletes to their limits.
Bad Bunny is set to star in his first leading role in the film "Porto Rico" alongside Javier Bardem, Viggo Mortensen and Edward Norton.
Academy Award-winning actor Robert Duvall died on Feb. 15, 2026 at the age of 95. In this June 25, 2006 "Sunday Morning" profile, the star of such classics as "The Godfather," "Apocalypse Now," and the TV miniseries "Lonesome Dove" talked with Rita Braver about his career, including the early days hanging out with Gene Hackman and Dustin Hoffman; his Oscar-winning performance as a country singer in "Tender Mercies"; and his love of westerns. He even gave a visiting reporter an impromptu tango lesson.
"The Late Show" host Stephen Colbert slammed CBS again on Tuesday night after the network issued a statement about his interview with Texas Democrat James Talarico.
"The Late Show" host Stephen Colbert criticized CBS on Monday night, saying the network blocked his interview with U.S. Senate hopeful James Talarico from airing.
Anderson Cooper will report multiple stories for "60 Minutes" before the end of the television season in May.
Meta CEO Mark Zuckerberg was in court on Wednesday, testifying in a pivotal trial on social media addiction and potential legal remedies. CBS News correspondent Carter Evans has the details.
Meta CEO Mark Zuckerberg defended his social media company in court on Wednesday against allegations that it's designed its apps to be addictive and harmful to children. CBS News' Carter Evans reports on the trial, and technology journalist Jacob Ward has more details.
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
Meta CEO Mark Zuckerberg is testifying in a landmark social media addiction trial on Wednesday. CBS News correspondent Carter Evans has more.
The Meta CEO defended his company's efforts to keep kids under 13 off of Instagram, but noted that there are "people who lie" about their ages.
A large shark was caught on camera for the first time in Antarctica's waters, surprising researchers. "There's a general rule of thumb that you don't get sharks in Antarctica," one said.
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in a surprise crossing of a near-frozen Delaware River - a watershed military maneuver that dramatized a changing America, and a changing climate.
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in an unanticipated crossing of a near-frozen Delaware River. Environmental correspondent David Schechter looks at how Washington's watershed military maneuver dramatized both a changing America, and a changing climate.
The Winter Olympics in Milan need artificial snow due to climate change and warmer weather. Athletes say man-made snow makes terrain more difficult and unpredictable. Rob Marciano reports on its impact.
After decades monitoring polar bears in Norway's far north, researchers say the animals have proven incredibly adaptable, but there are no guarantees for the future.
The Pima County sheriff told CBS News that investigators have not ruled out the possibility of an accomplice in the disappearance of Nancy Guthrie. CBS News reporter Andres Gutierrez has the latest.
Authorities haven't named a suspect or person of interest in Nancy Guthrie's disappearance as the search continued for a third week.
DNA on gloves found near Nancy Guthrie's home did not match any in the FBI's database, the agency said, but investigators are still focusing on possible evidence as the search for "Today" co-host Savannah Guthrie's mother continues. CBS News' Andres Gutierrez has the latest.
Marius Borg Hoiby faces 38 charges, including raping four women while they were asleep or had passed out.
Meta CEO Mark Zuckerberg is taking the stand at a landmark trial on the effects of social media. CBS News' Jo Ling Kent reports.
The Crew 12 docking came one month after a previous crew had to return to Earth early due to a medical issue.
NASA and SpaceX launched a new mission to the International Space Station with four crew members on board to replace the team that returned last month due to a medical issue with one member. Mark Strassmann has more.
The two-woman, two-man crew is replacing four other station fliers who came home early last month due to a medical issue one was having.
NASA and SpaceX say they have completed their final reviews and are ready to launch a crewed mission to the International Space Station on Friday. Retired NASA astronaut Leroy Chiao joins "The Daily Report" to discuss.
A United Launch Alliance Vulcan rocket carrying classified Space Force payloads suffered a booster problem but apparently made an otherwise "nominal" ascent to space, the company said.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
House Minority Leader Hakeem Jeffries is applying pressure on Maryland Democrats to redraw the state's congressional map. Julia Manchester, White House correspondent for The Hill, and Marianna Sotomayor, congressional reporter for The Washington Post, join to discuss.
Presidents enjoy unchecked power to issue pardons. Some in Congress want to change that. Democratic Rep. Johnny Olszewski of Maryland joins "The Takeout" to discuss his proposed constitutional amendment that has the support of at least one Republican.
President Trump has discussed plans for strikes on Iran as soon as this weekend, but has not yet made a decision, sources say. CBS News senior national security correspondent Charlie D'Agata has more.
Meta CEO Mark Zuckerberg was in court on Wednesday, testifying in a pivotal trial on social media addiction and potential legal remedies. CBS News correspondent Carter Evans has the details.
CNET recently found that less than half of adults think they can spot AI online. Abrar Al-Heeti, senior technology reporter for CNET, joins CBS News to discuss.