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.

• Jul 9, 2023

How Minnesota reps. voted on debt ceiling bill: 5 yes, 2 no, 1 didn't vote

Ultimately, the vote passed with a strong bipartisan majority of both Democrats as well as Republicans, 314-117 in the end. Among Republicans, 149 voted in favor of the bill while 71 voted against it. Among Democrats, 165 voted yes while 46 voted no.

• Jun 1, 2023

Debt ceiling deal's next steps — House sends bill to Senate

The House passed the bill to raise the debt ceiling Wednesday. Now, the Senate will take it up.

• Jun 1, 2023

Sen. Klobuchar explains why she's voting to raise debt ceiling

Both the U.S. House and Senate are expected to vote as soon as Wednesday on a deal reached over the weekend to raise the U.S. debt ceiling.

• May 29, 2023

What happens to Social Security if the U.S. breaches the debt ceiling?

Millions of Social Security recipients "need to be very careful" about spending because payments could be delayed, one expert said.

• May 11, 2023

Yellen: U.S. default would be a "catastrophe"

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."

• May 11, 2023

Yellen warns U.S. could default on debt as early as June 1

The treasury secretary moved up her estimate of when the U.S. risks defaulting on its debt.

• May 1, 2023

Investors are panicked over banks. Will the Fed make things worse?

Inflation's still high, but analysts warn that further rate hikes from the Fed could lead more more banks to topple.

• Mar 21, 2023

Yellen: We have plan in place in case more banks fail

The treasury secretary says the plan would be set in motion if additional collapses trigger a run on banks.

• Mar 21, 2023

Yellen rules out bailout for SVB: "We're not going to do that again"

The collapse of Silicon Valley Bank is the largest of a financial institution since the failure of Washington Mutual in 2008.

• Mar 12, 2023

Yellen calls Republican plan to prioritize payments "default by another name"

The Treasury Department has been using so-called extraordinary measures to keep paying the bills since the government hit the debt limit in January.

• Mar 10, 2023

Yellen describes "catastrophe" that will result if debt limit isn't raised

The treasury secretary warned household payments on mortgages and auto loans would go up, and other payments to military families and seniors would not be made.

• Feb 14, 2023

Treasury Secretary Janet Yellen says inflation relief may be on the way

She says many of the underlying causes of inflation are slowly being resolved.

• Dec 12, 2022

Treasury Secretary Janet Yellen says she foresees inflation continuing to recede

Secretary Yellen says she sees positive signs on the horizon when it comes to inflation.

• Dec 12, 2022

Janet Yellen on recession fears, inflation and the war in Ukraine

The treasury secretary tells Norah O'Donnell how she thinks the economy will fare in the coming year and what her department is doing to end the war in Ukraine.

• Dec 11, 2022