Podcasts about secretary janet yellen

Kids. Science still doesn't know why they look like that guy who fixed your furnace. If your kid has a question for Stephen Colbert, post it on social media with the hashtag #ColbertKidQuestions or send it to us directly via this link: https://forms.gle/JGBFDFHHA5AYgRNJ7. Please include your child's name and age, and you may see your kid featured on a future episode! Visit colbertlateshow.com/kidquestions for more information. Special thanks to Secretary Janet Yellen for the tax advice! To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

Laura Hassner, MBA, is a faculty member at the Haas School of Business, UC Berkeley, and is the Executive Director of Innovation & Entrepreneurship at UC Berkeley and the co-founder and co-director of the Berkeley Changemaker program, a set of courses that shape tomorrow's leaders through critical thinking, collaboration, and communication with guest faculty like Secretary Janet Yellen. Today, Laura is known for helping women align their startups with larger social missions to close the gender gap in raising capital. An expert in turnarounds, she is a former Big Five consultant and financial advisor. She has also taught in a highly-challenged urban school and spent a decade innovating new products and programs for a national nonprofit."

AlabamaWells Griffith of Mobile appointed by Trump to the Dept. of EnergyDeath row inmate seeks to stop scheduled execution by nitrogen hypoxia"In God We Trust" motto now installed on dais of the Alabama HouseRace for Birmingham mayor heats up as Juandalyn Givan talks the factsIllegal alien woman sentenced to prison for Identity and election fraudSusan B Anthony pro life scorecard gives A+ to Alabama's GOP delegatesNationalSCOTUS to make ruling today ahead of Sunday deadline on TikTok appUS Treasury hacked with 3K files stolen including Secretary Janet Yellen's Trump nominates Scott Bessent to be next US Treasury secretaryTrump names Sean Curran to head up the US Secret ServiceFL governor appoints state AG Ashley Moody as Senator for Marco Rubio seatTX judge allows for lawsuit against FDA re: abortion drug to go forwardMore criticism of FEMA in NC comes from documentary filmmaker

Treasury Secretary Janet Yellen has been thinking about the economy since she was a young girl in the working-class neighborhood of Bay Ridge, Brooklyn, keenly attuned to how broader economic trends impacted the employment of her neighbors. Once she took her first economics class in college, she was hooked. She has since spent her career moving between academic and government roles, including many years at the Federal Reserve. Secretary Yellen joined David to talk about the barriers women face in finance, the economic implications of immigration, China and tariffs, and why government intervention in the financial system is necessary.  Learn more about your ad choices. Visit podcastchoices.com/adchoices

On Monday, Representative Marjorie Taylor Greene didn't hold back during a discussion on Fox Business Network, vividly painting her thoughts on some significant figures of the Democratic Party. The outspoken congressman from Georgia was drawn into the conversation on updates stating that terms like 'MAGA' and 'Trump' were utilized in perusing private bank transactions by the U.S. Treasury Department under President Joe Biden's administration and Secretary Janet Yellen's lead. 'The Democrats are displaying a behavior akin to Communist regimes,' MTG started, in a sharp critique of what she perceives as misuse of power. She vehemently stated her belief that these powers have been used to scrutinize and limit the freedoms of American citizens in various ways. She went on to discuss the perceived censorship of certain public voices and what seemed like a targeted removal of key figures from social media platforms. To her, this is an example of the overreach and misuse of power for solely political gain. MTG also expressed disappointment in several Republicans who sided with Democrats in a recent vote against the impeachment of Department of Homeland Security Secretary Alejandro Mayorkas. This was due to his unwillingness to take stronger measures in enforcing immigration and border security regulations.See omnystudio.com/listener for privacy information.

In this week's long-form, we welcome in market commentator and anonymous Twitter personality, Le Shrub. Its been more than a year since he's been on the MSD airwaves and there are a number of items to talk about in our discussion. First, we talk about his meme titled "Tamagotchi Yellen" and why Treasury Dept. Secretary Janet Yellen should not be ignored with you supply of government debt she is loading into the market. In fact, Le Shrub believes her maneuvers are jointly in line with the Central Bank, and the market is yet to completely appreciate the strategy. We spend a lot of time talking about China as well, is flailing economy and struggling capital markets. There are lines in the sand investors much watch. The commodities complex will feed directly into the market moves forthcoming from China. We'd like to thank our sponsors: Arizona Sonoran Copper Company (ASCU:TSX) is focused on developing its brownfield copper project on private land in Arizona, a tier 1 location. The Cactus Mine Project is located less than an hour's drive from the Phoenix International airport via highway i-10, and with grid power and the Union Pacific Rail line situated at the base of the Cactus Project main road. With permitted water access, a streamlined permitting framework and infrastructure already in place, ASCU's Cactus Mine Project is a lower risk copper development project in the infrastructure-rich heartland of Arizona.For more information, please visit ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠www.arizonasonoran.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Fireweed Metals is advancing 3 different projects within the Yukon and Northwest Territories, including the flagship Macmillan Pass Project, a large zinc-lead-silver deposit and the Mactung Project, one of the largest and highest-grade tungsten deposits in the world. Fireweed plans to advance these projects through exploration, resource definition, metallurgy, engineering, economic studies and collaboration with indigenous people on the path to production. For more information please visit ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠fireweedmetals.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Vizsla Silver is focused on becoming one of the world's largest single-asset silver producers through the exploration and development of the 100% owned Panuco-Copala silver-gold district in Sinaloa, Mexico. The company consolidated this historic district in 2019 and has now completed over 325,000 meters of drilling. The company has the world's largest, undeveloped high-grade silver resource, which will grow with a resource update in early 2024. Learn more at ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://vizslasilvercorp.com/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Victoria Gold operates the Eagle Gold Mine within the Dublin Gulch Property. Eagle is the largest gold mine in Yukon's long history of gold production. In addition to the long-life Eagle Gold Mine, the Dublin Gulch property has upsized exploration potential including priority targets Raven and Lynx among others. Follow all the gold production and exploration news at ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠vgcx.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.

This week, Treasury Secretary Janet Yellen joins Dulcé Sloan, Tom Papa, and Shane O'Neill to talk the economy, how she prepared to smoke weed for the first time, and her Candy Crush score. Get access to bonus episodes, sponsor-free listening, and the chance to participate in a quiz with Peter Sagal when you sign up for Wait Wait... Don't Tell Me!+ at plus.npr.org/waitwait.

Though the IRS doesn’t collect racial data, it is significantly more likely to audit Black earned income tax credit filers than those of any other race. Dorothy Brown, a scholar of tax law and race, is part of a Treasury advisory committee on racial equity, and so far, she said, Secretary Janet Yellen hasn’t embraced the group’s recommendations as a priority. In this episode, the slow-going fight to fix racial disparities caused by the tax system. Plus, what hiring managers mean when they label candidates “overqualified.”

Though the IRS doesn’t collect racial data, it is significantly more likely to audit Black earned income tax credit filers than those of any other race. Dorothy Brown, a scholar of tax law and race, is part of a Treasury advisory committee on racial equity, and so far, she said, Secretary Janet Yellen hasn’t embraced the group’s recommendations as a priority. In this episode, the slow-going fight to fix racial disparities caused by the tax system. Plus, what hiring managers mean when they label candidates “overqualified.”

Some parts of the government will start to run out of money on Jan. 19 if Congress doesn't agree on government spending. Rep. Rosa DeLauro, a Democrat from Connecticut, discusses the looming deadline for lawmakers to fund the government. And, proceedings began Thursday at the International Court of Justice for South Africa's case accusing Israel of committing genocide against Palestinians. The Guardian's Chris McGreal breaks it down for us. Then, new inflation data shows consumer prices continue to cool. Still, prospective voters in this year's election tell pollsters they feel anxious about the economy. Treasury Secretary Janet Yellen us for an in-depth conversation on what all this economic data means for Americans.

Janet Yellen, Treasury Secretary, joins Sara Eisen to discuss the Secretary's economic outlook and Federal Reserve policy, the general public's support for ‘Bidenomics', and much more.

US Treasury Secretary Janet Yellen discusses the state of the US economy, additional sanctions on Hamas, and China's relationship with the US. She speaks to Bloomberg's Peggy Collins in Washington DC.      Full Transcript:     US Treasury Secretary Jenny Allen. She joins Bloomberg News in Washington, d C. For a conversation around the economy, moderated by our Washington Bureau Chief Peggy Collins. I think we'll start off with the economic data that came out this morning, third quarter GDP showing a robust four point nine percent growth rate a pace in the third quarter. When you look at those figures, do you think we've likely avoided a recession or do you think it's too good to be true because inflation is still so high. Well, it's a good, strong number, and it shows an economy that's doing very well. Let's remember it is just one quarter's number, and I'm not expecting a growth at that pace to continue. But we do have good, solid growth. You know, probably the year will come in close to two and a half. I wouldn't be surprised if we see that we have solid job creation, a low unemployment rate, increased engagement in the labor force. Labor force participation is strong, more people want to work, and inflation's coming down, and you don't really see any sign of recession here. I have to say I've been saying for a long time that I believed there was a path to bring inflation down in the context of a strong labor market. Frankly, it's only it's about a year ago since I believe a Bloomberg model predicted that by October of twenty twenty three. Now, namely that you saw at the odds of recession at one hundred percent, I don't think we have that. You know, what we have looks like is soft landing with very good outcomes through the US economy. So I think there's a lot to be pleased about. And you see good strong consumers spending, consumers still have substantial wealth, it's substantially since the pandemic. I think it's supporting good, strong spending and the economy is doing well, and I think US growth is making a contribution to stronger global outcomes as well. So you just pointed to a number of things that are positive about the US economy. But we've done a lot of reporting in recent months that here at Bloomberg, who sent reporters out all across the country, and what we're hearing from people on the ground is that when you ask them about their personal finances, they feel pretty good. For a lot of the reasons you just mentioned the labor market, their ability as consumers to spend, But when you ask them about the direction of the US economy, the sentiment is much more downbeat. So what can you do to close the gap on the positive side in terms of how people feel about the US economy, especially as we head into an election year. So I think Ricans have been through a lot with the pandemic and the lockdown for almost two years than a period of high inflation. And as you say, they do seem to feel good about their own personal finances. Surveys of job satisfaction suggests people feel good about their work too. We've rarely seen higher numbers on job satisfaction, but they seem very worried about the economy and that things are not doing well. You know, the US economy has suffered from structural problems from a very long time. For a very long time, A significant share of the population, particularly those who haven't had a college education, who have really not seen meaningful growth in their real income and have seen a decline in job opportunities over really approaching fifty years. And I think what Americans need to know is that the Biden Harris administration is really decisively changing that we are investing in America. We have passed three a trifecta of legislation that people will increasingly see who've been suffering from a shortage of job opportunities. I think they're really going to see things change. First of all, we're spending an enormous amount to repair America's infrastructure, and increasingly people are going to see their roads that they get hung up on every day. It's hard to commute with potholes everywhere. It's going to be fixed, Bridges are going to be improved. Reports, people are going to within the next several years, virtually every American will have access to good, good internet, so improving digital economy. And we've seen an enormous set of investments announced in response, largely to the Chips and Semiconductors Act and to the Inflation Reduction Act in clean energy, and jobs are being created. What we see in this past year is that a disproportionate share of the jobs that are being created are in communities that have had less economic opportunity, communities with below average incomes and with a below average share of people who have a college education. So this means that uppportunity will increasingly come to people who really haven't in a sense, gotten a fair shake over the last fifty years, as they've seen jobs disappear. And you know, President Biden and Vice President Harris and I really believe that you ought to have access to a good job, even if you don't have a college education. And increasingly I think people will see that good opportunities are being created. Certainly, the President is trying to go out and explain to people what this longer term, medium term agenda. He would say, it's a matter of growing the economy from the bottom up, in the middle out. What we've had is too much of trying to grow the economy to trickle down from the going with gains going to the top with a hope that it will trickle down. And I think we beginning to see the fruits of these investments begin beginning to pay off. So I think the Americans have a lot to look forward to and beginning to see this in their daily laws. So we were just talking about americans perception of the economy. But another thing we follow closely here at Bloomberg globally is investors perception of the economy. So I want to ask you a little bit about the rise in yields that we've seen. We've seen yields surging over the last few weeks. The ten year treasury rose above five percent earlier this week. What's your view on what is driving that surgeon yields and how much of it is connected to investors' concerns about the US deficit. Well, I don't think much of it is connected to that. This is a global phenomenon in advanced countries. We're seeing yields go up in most advanced countries of the world, and largely I think it's a reflection of the resilience that people are seeing in the US economy. That we're not having a recession, that consumer spending and demand continue to be strong. The economy is continuing continuing to show tremendous robustness, and that suggests that interest rates are likely to stay higher for longer, and so part of the increase in yields I think is simply a reflection of the strength of the economy, the notion that interest rates will be higher for longer. Now, whether or not that's really true, if we look at five or ten years, what are interest rates likely to do? Honestly, for a very long time we've felt that interest rates over decades had been coming down real interest rates, and that there were deep structural reasons for that, in part relating to demographics and those underlying trends. They're still there, they're still in force. So I think it's perfectly possible that we will see longer term yields come down, but nobody really knows for sure. But I see the higher yields as certainly importantly a reflection for stronger economy. So when you think about the deficit, I think one of your preferred metrics for assessing US fiscal stability is to look at the net interest outlay as adjusted test relation. And right now, I think you've said that those levels seem good to you, but there are in real terms, it's about one percent a little bit under that. So that's helpful in terms of kind of the next figure I was going to mention is several economists out there are forecasting that that figure by twenty thirty could be well north of two percent. So at that level, would you be alarmed? In terms of the sustain fhysical sustainability. Let me just say, fiscal sustainability is really critical, and President Biden is committed to putting forward a fiscal plan that shows fiscal sustainability and uncertainty about interest rates. Interest rates do influence what the path of that real net interest is going to be. There's a bigger challenge if the interest rate path stays higher. President Biden has already supported deficit reduction measures in the Pact, raising the dead ceiling and other legislation. In the Inflation Reduction Act, there's a trillion dollars of deficit reduction, and he proposed a budget that both invests in America continues to do that and also has riffin you raising measures that would result in another two and a half trillion dollars of deficit reduction over the next decade. So, yes, we have to put forward fiscal plans that will keep the deficit manageable and keep this real net interest cost I would say well below two percent. So the higher the interest rate path, the more that we need to do. I want to take a moment a secretary and turn to the global outlook. With the Israel Hamas war happening in the Middle East, I think there's a concern by some that the war could spread or expand to broader in the region. I know that that's not your base case. But if that was to happen, could you walk us through your wrist scenario for what that might mean to the global economy. So I guess I have to say my focus is, I look now at what's happening to the Middle East. Really is the tragedy, the human tragedy that's taking place with the Israelis have suffered, and of course we're worried about casualties in Gaza as Israel, you know, pursues its war against Thomas and so it's really the human suffering that I think should be our focus in countering terrorism. We're monitoring the economic consequences carefully. I so far, I would say we've not yet seen much that has global consequences. Oil prices are largely flat. What could happened if the war expands. Of course there could be more meaningful consequences, but I think it's premature to speculate against about those, and I think our focus should be keeping miscontained and not spreading so on Hamas. I know the Treasury Department has taken further moves in the last few weeks to restrict financing to Hamas, and your under secretary Brian Nelson is actually in the Middle East right now. Do you think there's room for further restricting or limiting financing to Hamas and if so, can you tell us what might be some of the next steps. So I can't comment on any specifics concerning sanctions we have not yet put in place, but what I can say is we have taken a large number of steps just over the last year to put in place sanctions to try to reduce the avenues for financing of Hamas, and in the aftermath of this attack last week, we put additional sanctions in place. My Undersecretary, as you mentioned, will be in the Middle East and Deputy Secretary Ademo is leaving tonight for a trip to Europe to also discuss working with our allies on sanctions. And we are certainly looking at further opportunities we see to try to reduce this flow of financing to Himas where all over this and are likely to do more. So. One final question on the Middle East before before we turn to other topics on Iran, can you help us understand are the six billion dollars in Iranian oil proceed assets the US treasury from access by Iran right now as they sit in a Katari account. I guess all I can really tell you is that not a penny of that money has been touched. The Trump administration agreed to allow Iran to sell oil, and the sales were largely to Korea, and the proceeds were held in a Korean bank account and only permitted to be used for humanitarian purposes, without any direct funding ever going to Iran. And those proceeds were moved from Koreer to Kitar. They still sit there. They can only be used for humanitarian purposes. They have not been used. And I don't feel comfortable saying more about diplomatic conversations that are taking place, but Iran has not touched those phones. We just as mentioned diplomacy, and so much of your role as secretary has been actually traveling around the world. We often think of the Treasury Department as so domestic, but so much of what you've done is international, and you're seen as a liberal economist supportive of free trade. I wondered your thoughts on how concerned are you that some of the Biden policies may be sealing a mistrust of globalization that was ramped up in the Trump administration. And whether that's actually good for the US economy. Well, I think that's a great question. I've talked about concept I call friendsuring. So I think it's a consequence partly of the pandemic and partly Russia's invasion of Ukraine. We've come to the realization that our supply chains, America's supply chains are not secure, and in some cases we're overly dependent on countries like China. And what we need to do is to take steps as a country to reduce our vulnerability and to diversify our supply chains. And to some extent that involves reassuring things to the United States and doing more here, and certainly in the area of clean energy. The Inflation Reduction Act has incentives to do more in the United States, and the desire there, in part is to create good jobs in industries that are likely to be drivers of future growth, whether it's semiconductors or clean energy. But we don't want to forego the benefits of globalization and trade, and so the idea of friendshuring is that we want to be able to rely on a broader set of countries to do trade and investment. To deepen our trade and investment relationships with countries that we feel are trustworthy that can be reliable parts of a global supply chain that we take part in. And part of what I've been doing is traveling around the world talking to countries about developing our supply chain relations And of course we're very close partners with Europe, with Canada, Mexico, other countries with whom we have free trade areas, but many more countries. We're deepening our relationships with India, with Vietnam, So we want this to be broad. We understand and that the international division of labor with countries taking advantage of the benefits of comparative advantage, doing what you're most efficient at, relatively efficient at that this is a great set of benefits both for the United States and also countries that are given the opportunity to trade and that contributes to their growth. So we don't want to forego that, and we do want to maintain the benefits of globalization, but without the vulnerability that comes from a undue reliance on a few countries that may restrict trade for political or other reasons. So you mentioned broadening our network of friends that we can have partnerships with, but also China I know you took a trip to China and to Beijing this summer. You've been talking about how our policy should really be around de risking or diversifying rather than decoupling. But what do you think is the current status of that. Do you think the Chinese have adopted that and feel like they can trust us on that front, or do you think they still really think that we're in a competition with them first and foremost. So, I mean we've particulated a strategy. As you said, it involves de risking in some areas where we're overly dependent on China, and clean energy is a good example. We also intend to focus on national security. That's an area that we're not willing to compromise on, and so we do have export controls. We continue to review them. We're working on a set of restrictions on outbound and vestment to China. We've discussed this with them and put out a proposal that's in the public domain. I think comments just closed on it. But our objective there is to target what we do as narrowly as possible so that it really focuses on national security. That it is not an intention in that to harm the prospects of Chinese economic development and the welfare of the Chinese people. So we intend to have healthy competition and mutually beneficial trade and investment with China in many areas. I've tried to make this clear. And then importantly, the third prong of it is we need to work together on global problems. Debt relief is one of those problems. Climate changes another, but there are many examples. So that's what we're trying to do in terms of our strategy. You know, President Biden and President she met in Bali. I guess it's just over a year ago. I was at that meeting. In more or less two over two years, almost no senior level contact had taken place during the pandemic between China and the United States, and I think that was a dangerous situation. And especially when there are disagreements, it's actually important to be able to discuss them, to talk through, to see the other country's point of view, and to discuss areas where you're not in sync. And it was recognized by both sides that we needed to talk more to deep in our discussions, exchange of information, and particularly in economic areas macroeconomic performance, financial markets, where our behavior has spillovers a back and forth to one another, and also our decisions affect the global outlook as a whole. And that's what I tried to begin in my meetings that I had in China, and things have continued very positively from there. We've formed two working groups. They report to me and my Chinese counterpart of Phone. One concerns economic matters, the other financial matters. The working groups met earlier this week. Both of them met and we now have a set of very constructive and deepening discussions about areas of mutual concern. And it's good to have contacts throughout our chain. It levels below Secretary staff low full discussions and channels of communication where when the problem arises, each side can pick up the phone and discuss it before it rises to the level of a real, really serious disagreement. So I think this agenda is working. We certainly will continue to deepen our economic relationship and discussions, and I'm feeling very good about how things are going there. Turning back to the US Secretary Yellen, you've described the Biden administration's economic policies as something you referred to as modern supply side economics, and with those policies. They're aiming to increase the productive capacity in the US. That's right, Well, that's a pretty good big goal. So can you talk to me a little bit about how long do you think it's going to take for some of those policies to become entrenched enough that they stick and have a real impact people. And the reason I'm asking is because I'm looking ahead to next year. The election is coming up. What's at stake if the Democrats don't retain the White House in terms of the ability for some of those policies to take hold. So, yes, modern supply side economics, it's in part of growth strategy, and this is something Republicans and Democrats I think share. A desire to see real wages and incomes increase, to see economic welfare for the broad set of Americans to improve over time, and an economic growth or quote supply side strategy. This isn't a matter of demand management. It's a matter of improving our economy's ability to produce goods and services over the medium to long term. I think agree on that it's widely accepted. The Republican strategy has been, as I said, largely a trickle down strategy of giving tax breaks or deregulation to the rich and corporations in the expectation or hope that benefits would trickle down. More broadly, I see that as a failed strategy and one that has really not been successful it creating broad shared prosperity. And I see modern supply side economics as having the same objective but proceeding in a different way. And there are many factors that are inputs into growth besides private investment. For too long we ignored infrastructure. So investing in America's infrastructure as a return produces benefits R and D. You know, we're now really after having decades in which US spending on research and development, certainly at the federal level, had fallen to very low levels. Were no longer one of the leading countries in terms of the resources we devote to R and D. That we've stepped that up substantially in the legislation that's been passed. And what we want is also growth. It's equitable, so addressing inequality as saying, for over fifty years, essentially the median American really saw very little growth, little or no growth in their real income. We want to change that. We want to make sure that opportunities are created, especially for those who don't have a college education and live in places. You know, we've had so much growth on the coasts, but many parts of the country geographies that it seems progress is passed by. And so if you look at the legislation that's been passed and the investment plans that have been announced, we've seen over six hundred billion dollars in new investments that have been announced. Now, it takes a while to get those in place, but look at where are those investments occurring. There are occurring in parts of the country that have not seen that kind of investment. And you know, we're seeing electric vehicle production and battery production in many parts of the country that have been sorely hurting for good jobs. And so it will take a while for Americans to see the benefits of this. But even now, I think many Americans can see the good jobs are being created in manufacturing, which is not done well over decades in the United States. So I believe that opportunities will be created and people will be able to see that over time in their daily lives. No matter what secretary you've been in public service nearly five decades now, holding the it's a long time. It's a lot of working years. As you show the labor economists, I will say that you've held the top economic posts across the CEA, FED and now Treasury. But you're also known as a technocrat and a policy maker rather than a political animal. Per se. When you look at the divisiveness in Washington, and we've just seen the past few weeks, even just on Capitol Hill, are you concerned that there's less and less room for a person like you to come into government in Washington and make a notable difference at the highest levels if you're not as politically driven as policy driven. I guess I see that we have a government that is filled with people who are professional, technically proficient, and dedicated to good policy. And we are trying to put in place good, sound, technically solid government policy in almost everything we do. And in spite of the difficult political environment that we're in, President Biden and Vice President Harris, in the time they have been in office, have succeeded in a bipartisan way in having a great deal of meaningful legislation passed. The Treasury Department. I spend a good share of my time working with very capable people in our tax policy Department. We're charged with writing all of the rules that are governing of the tax incentives in the Inflation Reduction Act. Those that will are really creating enormous opportunities in connection with clean energy, and we've gotten an allocation of funds to restore the Internal Revenue Service, to restore their ability to both serve American customers who deserve to have somebody answered the phone when you when you call and have been missing that for a long time, and also to actually collect the taxes that our tax code says people owe. And when you think about the fact that over over ten years, that gap, namely the quantity of tax revenue that's due but not paid, is estimated it's seven trillion dollars. We're in the process of restoring all of that. And the people who are doing this are a largely a civil service that is tremendously competent, professional and dedicated to making the United States function well. So I think there's plenty of scope for good policy, and I hope we're in the process of doing it in spite of some of the what seems like political dysfunction in our country. Well Secretary Yellen, Thank you so much for joining us today and giving us so much of your time and sharing your insights. It's a true pleasure. Thank you so much. Thanks for having that. Thank you, the Secretary of the US Treasury. They are Jannet Yellen, speaking with our very own Peggy Collins and our Washington BureauSee 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Treasury Secretary Janet Yellen says she sees the makings of a soft landing for the US economy based on the latest economic data. She spoke about the state of the American economy in a fireside chat with Bloomberg Washington Bureau Chief Peggy Collins.  See omnystudio.com/listener for privacy information.

Treasury Secretary Janet Yellen needs a vocabulary lesson. www.watchdogonwallstreet.com

In this episode of the ChinaPower Podcast, we are joined by Professor Meg Rithmire to discuss U.S.-China economic relations and Secretary Janet Yellen's recent visit to Beijing. Professor Rithmire explains that the main goal of Secretary Yellen's visit was to convey the United States' willingness to discuss difficult issues with Beijing and that the United States does not seek to contain or decouple with China. She explains China's internal economic challenges and details that, in China's perspective, its economic challenges can be tied to U.S. trade restrictions. The future of U.S.-China economic relations is still fragile and a long way from stable, Professor Rithmire argues, but both sides are attempting to make improvements by having more frequent meetings.  Professor Meg Rithmire is an associate professor in the Business, Government, International Economy Unit at the Harvard Business School. She is also a faculty associate at the Weatherhead Center for International Affairs, the Fairbank Center for East Asian Studies at Harvard, and the Harvard Faculty Committee on Southeast Asia. Professor Rithmire's primary expertise is in the comparative political economy development with a focus on China and Asia. Her work focuses on China's role in the world, including Chinese outward investment and lending practices and economic relations between China and other countries, especially the United States. 

U.S Treasury Secretary Janet Yellen speaks with Bloomberg's Annmarie Hordern from the G20 Finance Ministers and Central Bank Governors Meetings in India. See omnystudio.com/listener for privacy information.

Kai Ryssdal breaks the fourth wall and shares highlights from his trip to China with Treasury Secretary Janet Yellen (it was “amazeballs”). Plus, U.S. pandemic relief packages helped millions of businesses stay afloat in 2020. But cybersecurity holes paved the way for fraudulent claims. Can the federal government hold these scammers accountable? And how Morocco’s national women’s soccer team is making history. Here's everything we talked about today: “Yellen: U.S. intends to be ‘transparent about the actions that we've taken’ when it comes to China” from Marketplace “The Trillion-Dollar Grift: Inside the Greatest Scam of All Time” from Rolling Stone “Earth is at its hottest in thousands of years. Here's how we know.” From The Washington Post “Morocco's historic Women's World Cup debut inspires girls even if some in the Arab world ignore it” from AP News Got a question about the economy, business or technology for the hosts? Leave us a voicemail at 508-U-B-SMART or email us at makemesmart@marketplace.org.

Kai Ryssdal breaks the fourth wall and shares highlights from his trip to China with Treasury Secretary Janet Yellen (it was “amazeballs”). Plus, U.S. pandemic relief packages helped millions of businesses stay afloat in 2020. But cybersecurity holes paved the way for fraudulent claims. Can the federal government hold these scammers accountable? And how Morocco’s national women’s soccer team is making history. Here's everything we talked about today: “Yellen: U.S. intends to be ‘transparent about the actions that we've taken’ when it comes to China” from Marketplace “The Trillion-Dollar Grift: Inside the Greatest Scam of All Time” from Rolling Stone “Earth is at its hottest in thousands of years. Here's how we know.” From The Washington Post “Morocco's historic Women's World Cup debut inspires girls even if some in the Arab world ignore it” from AP News Got a question about the economy, business or technology for the hosts? Leave us a voicemail at 508-U-B-SMART or email us at makemesmart@marketplace.org.

①Chinese President Xi Jinping urges for vision, openness and cooperation in China-UK relations in a letter to an event commemorating the 70th anniversary of the "Icebreaking Mission" in China-UK trade.(00:53) ②U.S. Treasury Secretary Janet Yellen is in Beijing for talks. What are the issues on her agenda? (13:00) ③U.S. President Joe Biden showed support for Sweden's entry into NATO in talks with visiting Swedish Prime Minister Ulf Kristersson.(24:55) ④Experts, scholars, and officials from international organizations worldwide are gathering in Geneva, Switzerland, to identify practical AI solutions to accelerate progress toward the United Nations Sustainable Development Goals.(33:35) ⑤China's education minister responds to college graduate employment issue.(43:20)

Scott Lanman, Bloomberg Editor - Washington Bureau joins Tom and Megan discussing US Treasury Secretary Janet Yellen traveling to China as the two largest economies look to reset relations.    . (Photo by Erika Goldring/Getty Images FOR ESSENCE)

Ready for a thrilling journey through the bustling world of stocks and finance? Today, Ready for a thrilling journey through the bustling world of stocks and finance? Today, we're breaking down the recent fluctuations in Apple stock, the unexpected surge in oil prices, and the crucial meeting between Secretary Janet Yellen and Chinese officials. As we navigate these tricky waters, I'll share my personal strategies on how to research stocks and how I decipher the impact of unemployment rates and inflation on stock performance. After the podcast, please watch the following YouTube video at the link below for a quick rundown of how I hunt stocks:  https://youtu.be/hphIcqzzKI4

①U.S. Treasury Secretary Janet Yellen visits China this week. What will be on her agenda? (00:50) ②French President Emmanuel Macron hosted a special security meeting over the weekend and canceled a state visit to Germany amid ongoing national unrest.(13:00) ③China resumes cross-border electricity exports to Vietnam amid the Southeast Asian country's power crunch.(25:18)④Austria plans to join the European Sky Shield defense system. Will that violate the country's military neutrality? (35:48) ⑤A new report lists Beijing, Shanghai and Shenzhen as the top 3 Chinese cities in attracting talented professionals.(46:10)

On Monday, the SEC sued crypto exchange Binance, on Tuesday, the SEC sued Coinbase, and on Wednesday, Coinbase CEO Brian Armstrong is speaking out. In a candid interview, Armstrong discusses the SEC's complaint, the regulatory environment for crypto, and the next steps in court. In her first interview since the debt ceiling deal was passed, Treasury Secretary Janet Yellen weighs in on fiscal responsibility, inflation, and crypto. Plus, the PGA Tour has announced a deal to merge with LIV Golf, surprising sports fans and golfers everywhere and ending a bitter war of words.  In this episode:Brian Armstrong, @brian_armstrongJoe Kernen, @JoeSquawkBecky Quick, @BeckyQuickAndrew Ross Sorkin, @andrewrsorkinKatie Kramer, @Kramer_Katie

Everyone has bills to pay, and the Treasury Department is no exception. As we get closer to the debt ceiling “X date,” the Treasury finds itself with less and less money to pay for its existing obligations. We talk about how much cash Secretary Janet Yellen has to work with, and the government’s plan to prevent a potential default. And, Tina Turner’s legacy goes beyond rousing music. Plus, in the Make Me Smile department, a discussion on cruises, family vacations and space travel! Here’s everything we talked about today: “Orders surge for trans designer after Target pulls products” from Reuters “Tina Turner Was Open About Her Abuse. Now Her Legacy Is Saving Survivors” from Rolling Stone “Biden Administration Dusts Off Contingency Plan if Debt-Ceiling Deadline Passes” from The Wall Street Journal “US Credit Rating at Risk of Fitch Cut on Debt-Limit Impasse” from Bloomberg “Credit rating agency warns it may downgrade US debt rating, driving up costs” from CNN Tweet from @kaileyleinz on the Treasury cash balance drop “Half-Empty a Year Ago, Cruises Are Now Packed Like Sardines” from The Wall Street Journal “Cruising Is Back in a Major Way” from Travel + Leisure “I Won't Be Going on Any Cruise Ship With Millennials” from The Wall Street Journal “Hibernation artificially triggered in potential space travel breakthrough” from The Guardian “James Cameron Working on New Terminator Movie, Wants to See How AI Affects the Real World” from MovieWeb There are only two more days for our May fundraiser. We can’t do this without your support!

Everyone has bills to pay, and the Treasury Department is no exception. As we get closer to the debt ceiling “X date,” the Treasury finds itself with less and less money to pay for its existing obligations. We talk about how much cash Secretary Janet Yellen has to work with, and the government’s plan to prevent a potential default. And, Tina Turner’s legacy goes beyond rousing music. Plus, in the Make Me Smile department, a discussion on cruises, family vacations and space travel! Here’s everything we talked about today: “Orders surge for trans designer after Target pulls products” from Reuters “Tina Turner Was Open About Her Abuse. Now Her Legacy Is Saving Survivors” from Rolling Stone “Biden Administration Dusts Off Contingency Plan if Debt-Ceiling Deadline Passes” from The Wall Street Journal “US Credit Rating at Risk of Fitch Cut on Debt-Limit Impasse” from Bloomberg “Credit rating agency warns it may downgrade US debt rating, driving up costs” from CNN Tweet from @kaileyleinz on the Treasury cash balance drop “Half-Empty a Year Ago, Cruises Are Now Packed Like Sardines” from The Wall Street Journal “Cruising Is Back in a Major Way” from Travel + Leisure “I Won't Be Going on Any Cruise Ship With Millennials” from The Wall Street Journal “Hibernation artificially triggered in potential space travel breakthrough” from The Guardian “James Cameron Working on New Terminator Movie, Wants to See How AI Affects the Real World” from MovieWeb There are only two more days for our May fundraiser. We can’t do this without your support!

TO WATCH ALL FLYOVER CONTENT: theflyoverapp.comTo Schedule A Time To Talk To Dr. Dr. Kirk Elliott Go To ▶ https://flyovergold.com Or Call 720-605-3900 Check out our other economic updates here ▶ https://banned.video/playlist/61e636d86959067dbbf9f8f0 SPONSORS FOR TODAY'S VIDEO► ReAwaken America- text the word EVENTS to 40509(Message and data rates may apply. Terms/privacy: 40509-info.com)► Kirk Elliott PHD - http://FlyoverGold.com ► My Pillow - https://MyPillow.com/Flyover► Z-Stack - https://flyoverhealth.com ► Dr. Jason Dean (BraveTV) - https://parakiller.com Want to help spread the Wake Up • Speak Up • Show Up -https://shop.flyoverconservatives.com/-------------------------------------------Follow our Social Media so we can be best friends

In 1907, J.P. Morgan was called back from a trip to help stop a series of bank runs on Wall Street. After watching a string of insolvent banks fail, he decided that the Trust Company of America was worth saving. He said, "This is the place to stop the trouble, then." Over 100 years later, JPMorgan Chase CEO Jamie Dimon made a very similar decision about First Republic bank. He and treasury Secretary Janet Yellen came up with the idea of “stopping the contagion” affecting regional banks. When the auction was over and the smoke had cleared, JPMorgan Chase was the owner of First Republic - with a little help from their friends in the Federal government. In this week's episode of Dial P for Procurement, host Kelly Barner covers: The role that JPMorgan Chase plated in the rescue of First Republic and in the 2008 rescue of Bear Stearns and Washington Mutual How JPMorgan Chase has become by far the largest bank in the country by skirting the regulations put in place to prevent just that The details of the auction that allowed JPMorgan Chase to acquire First Republic, and why knowing the rules and the decision criteria is the best way to win

Secretary of the Treasury Janet Yellen made her first visit to The Late Show to talk with Stephen about the pandemic's effect on the economy, inflation, and whether or not the U.S. is headed for a recession. Original Air Date: November 30th, 2022. Learn more about your ad choices. Visit megaphone.fm/adchoices

U.S. Treasury Secretary Janet Yellen and Yale President Peter Salovey discuss one of the driving themes of the federal administration's economic agenda: modern supply side economics. Modern supply side economics has vast implications for American policy from climate, innovation, tax policy, and infrastructure to workforce training, housing, health, and childcare. Secretary Yellen and President Salovey's … Continue reading Secretary Janet Yellen on Modern Supply Side Economics and the Tobin Center →

David Faber and Jim Cramer began with the ongoing turmoil in the banking sector. Deutsche Bank was the latest name to add to the volatility, with shares dropping following a spike in credit default swaps Thursday night. The anchors also turned their attention to Secretary Janet Yellen who said the Treasury Department is ready to take “additional actions if warranted” to stabilize banks. In M&A news, shares of Activision Blizzard surged after the U.K.'s Competition and Markets Authority dropped some of its concerns about Microsoft's takeover of the gaming company. After the opening bells, the anchors also talked the tech stock safe haven, with names like Alphabet, Meta and Nvidia up more than 15% in March alone.

Singapore stocks opened lower today, following the US Federal Reserve's move to hike interest rates by 0.25 per cent, the ninth increase in a year. The Straits Times Index fell 0.6 per cent to 3,200.88 points after 74.4 million securities changed hands.  In terms of companies to watch, we have Sembcorp Industries, after a Bloomberg report suggested that the firm may be considering selling its waste management unit.  Meanwhile, investors continue to digest the latest quarter point rate increase by the US Federal Reserve overnight, as well as contradictory message On Market View, the Drive Time team unpacked the key developments of the day with David Chow, Director Azure Capital.See omnystudio.com/listener for privacy information.

US equities rose yesterday, supported by comments from US Treasury Secretary Janet Yellen that the US government would step in again if smaller banks suffered deposit runs. Investors are now firmly focused on today's Federal Reserve meeting and Jerome Powell's press conference - it will be interesting to see if the markets give the decisions a thumbs up or thumbs down. In today's episode, Dario Messi, Fixed Income Research, looks at the surprise write-down of Credit Suisse's AT1 bonds following the UBS takeover announcement.00:14 Introduction and markets wrap-up by Bernadette Anderko & Mike Rauber (Investment Writing)07:28 Bond market update with a focus on AT1 by Dario Messi (Fixed income research)11:29 Closing remarks by Bernadette Anderko (Investment Writing)

Bob talks about Yellen's remarks that set a very bad precedent.

Over 25 lbs. of cocaine and a gun were found after a group of 16 illegal immigrants jumped off a boat into the ocean. They were apparently stowaways aboard a cargo ship headed to Puerto Rico. Transgender bathroom use is in the spotlight again. Both the Iowa House and Senate have approved a bill on bathroom and locker use for students. First Republic Bank gets a helping hand from its competitors. Eleven of the biggest banks in the United States are throwing out a $30 billion lifeline after treasury Secretary Janet Yellen testified the American banking system is sound. ⭕️ Watch in-depth videos based on Truth & Tradition at Epoch TV

How Will NCUA Respond to Silicon Valley Bank Closure?Hey everyone. This is Mark Treichel with another episode of With Flying Colors. I am recording this on March 12th. Going to publish this Monday morning, and this is again about the ramification of Silicon Valley Banker sb. B being shut down. , I'm going to talk about how that might impact N C U A, what N C A might do and how that might impact you as a credit union.So N C U A, what now? Because of. S v b Bank, but first, a lot has hit the news since I recorded, , the podcast that published on Sunday. And, , there was, there's some tweets out there that, , president Biden is saying there will be no bailout. There's some tweets out there that say Janet Yellen is, , saying there will be no bailout.Janet Yellen, , was on the news shows this mor morning to help. , efforts to ensure that contagion doesn't happen. And I'll go into that a little bit. And these are all precursors of just the news that's hit in the last couple hours. And then I'll jump into, , the main topic, which is N C U A, what Now, I've also heard and seen some tweets that, , as I mentioned in my previously recorded podcast, there's no doubt F D I C and the Fed is trying to sell some assets, , this weekend.And if they do, They turn it into cash, that cash quickly can be paid out or more quickly can be paid out to the uninsured depositors. All of that is good. , there's also a new article on the Wall Street Journal, , that says, regulators face urgent task to stem spread from Silicon Valley Bank. And, , Janet Yellen., , there's a quote from Janet Yellen, , treasury Secretary Janet Yellen. It says, I've been working all weekend with our banking regulators to design appropriate policies to address this situation. Treasury Secretary, , Janet Yellen said in an interview on Face the Nation on c b s, she didn't provide.Specifics to those plans. We wanna make sure that the troubles that exist at one bank don't create contagion to others that are sound. We are concerned about depositors and are focused on trying to meet their needs. House speaker Kevin McCarthy said that he had discussed the issue with Ms. Yellen and Federal Reserve Chair Drew Powell, and that he was hopeful that the officials would be able to announce their next steps later on Sunday.They do have tools to handle the current situ. Mr. McCarthy said, , on Fox News's Sunday Morning Futures. , they do know the seriousness of this, and they're working to try to come forward with some announcement before the market opens. I'm hopeful something can be announced today. So again, I've also heard that some bank sale information may happen before the Asian markets open up., and all right, so, , there. A lot of work going on at federal agencies, , over the weekend. I'm anticipating that some folks at N C A may be, , doing some number crunching as well. So that gets me to, okay, what happens now at N C U A? So, the N C A has a board meeting on Thursday. It's a light. , light agenda., there's only one item and it's the subordinated debt Final rule. I think they're tweaking it, , as it relates potentially to EIP and some other things that they've proposed, , relative to that. So that's a good rule. But that's all that's on the agenda. I'm expecting that, , ensu, a board chairman Todd Harper, will open up and discuss., what happened at, , S V B Bank and what that means for credit unions. I think he, when he does that, he will take it as another opportunity to say that Congress needs to provide more flexibility and make changes to the rule around the C L F, also known as the central liquidity facility because there were some laws that were in place under the pandemic.For more listen to the full podcast

Monday February 27, 2023 – Remember that February 17, 2023 deadline Treasury Secretary Janet Yellen set for The Internal Revenue Service (IRS) to create a strategic plan for spending the $80 billion Congress handed them? Yeah, neither does the IRS. The February deadline came and went and the IRS simply did not meet the deadline. The IRS has excuses: former Commissioner Charles Rettig's term expired, there is a confirmation process for the subsequent nominee Daniel Werfel, and a friend came in from out of town. Treasury has been working with the IRS to develop a plan since last summer. This delay raises questions about the agency's credibility and casts doubt on its ability to efficiently spend the money. While the document is still in progress, taxpayers should expect revisions as needs change. But don't worry. The IRS will complete it in good time- now get back to doing your return. There is a deadline you know! Attorney Steven A. Leahy looks at the latest IRS arrogance on Today's Tax Talk. https://www.washingtonexaminer.com/restoring-america/faith-freedom-self-reliance/negligent-irs-gets-80-billion-but-misses-deadline-for-the-money https://www.forbes.com/sites/howardgleckman/2023/02/22/the-irs-misses-its-deadline-for-completing-a-plan-to-spend-80-billion-in-new-money/?sh=7691e7031c2f --- Send in a voice message: https://podcasters.spotify.com/pod/show/steven-leahy1/message

Wongel Zelalem reports on the current popularity contest that is going on between the United States and China to win over Africa. --- Send in a voice message: https://podcasters.spotify.com/pod/show/africandiasporanews/message Support this podcast: https://podcasters.spotify.com/pod/show/africandiasporanews/support

After the U.S. reached its debt limit last week, Secretary Janet Yellen announced that the Treasury will engage in extraordinary measure to prevent the U.S. from defaulting on its debt, but it remains to be seen how and when Congress will take action. Brookings experts David Wessel, Bill Gale, Molly Reynolds, Wendy Edelberg explain the debt ceiling, the economic ramifications of default, and the politics of finding a solution. Transcript and show notes: https://www.brookings.edu/podcast-episode/whats-happening-with-the-debt-ceiling-again/ 

Monday January 23, 2023 - U.S. Treasury Secretary Janet Yellen told Reuters "I'm excited about legislation that's passed and I want to make sure that it makes the difference it should make, and that includes the IRS," she said. "That agency needs to be completely redone, and it's a big task." She also shot down the idea of minting a $1 Trillion Dollar coin to avoid negotiating the debt limit with Congress as a "gimmick." Yellen is looking to find ways to spend the $80 Billion Dollar boondoggle, and Congress is trying to find ways to eliminate it. Let's hope Congress finally does something right. Attorney Steven A. Leahy looks at both sides on Today's Tax Talk. https://www.dailymail.co.uk/news/article-11666579/Treasury-Sec-Yellen-says-IRS-needs-completely-redone-rules-1T-coin-debt-limit.html https://www.yahoo.com/news/janet-yellen-says-not-given-165317435.html https://nypost.com/2023/01/23/u-s-treasury-secretary-janet-yellen-says-irs-needs-to-be-completely-redone/ https://www.reuters.com/world/us/us-treasurys-yellen-says-irs-needs-be-completely-redone-2023-01-22/ --- Send in a voice message: https://podcasters.spotify.com/pod/show/steven-leahy1/message

The US has spent billions and billions so far in Ukraine, but future government spending is all up in the air right now – not just over Ukraine, but also at home, as America has now reached its debt limit and risks a potentially catastrophic default. Social security payments, veteran's pensions, and more are all at risk. Treasury Secretary Janet Yellen says “extraordinary measures” are now in use to delay default, and she's calling on lawmakers to “act promptly” to protect the full faith and credit of the United States. Yellen met this week with China's vice premier in Zurich, before traveling to Africa, where she is hoping to expand US trade there. Christiane speaks with Yellen about all of this in an exclusive interview.  Also on today's show: Dr. Henry Marsh, Author, And Finally; Karen Bass, Los Angeles Mayor; Jacinda Ardern, New Zealand Prime Minister (archived interview). To learn more about how CNN protects listener privacy, visit cnn.com/privacy

Jon Hilsenrath of The Wall Street Journal joins Julia La Roche on episode 43 to discuss his new book, "Yellen: The Trailblazing Economist Who Navigated an Era of Upheaval." In this episode, Hilsenrath discusses his decision to write a book about Treasury Secretary Janet Yellen and her husband, Nobel laureate economist George Akerlof, in the form of a love story. He highlights the couple's central role in economic debates over the years. He aims to humanize top figures in economics while also incorporating historical lessons and personal lessons about work, family, and more. He also touches on the imperfect nature of capitalism and democracy, the importance of rebuilding trust in institutions, the state of journalism, and his own experiences as the son of a war refugee. He also shares how he got a C in Economics 101 at Duke (Full disclosure: Julia also got a C in Econ 101 at UNC). Hilsenrath is a senior writer for The Wall Street Journal, where he has written about economics and finance since 1997. He has worked as a writer and editor in Hong Kong, New York and Washington, D.C. Many of his stories have focused on causes and consequences of economic and financial crises. He was a Pulitzer Prize finalist in 2014 for his coverage of the Federal Reserve; part of a WSJ team that was a Pulitzer finalist in 2009 for coverage of the financial crisis; and contributed on-the-ground reporting to the WSJ's 9/11 coverage which won a Pulitzer in 2002. He graduated from Duke University in 1989 and was a Knight-Bagehot Fellow and M.B.A. graduate from Columbia Business School in 1996. 0:00 Intro 0:45 A shower idea 2:00 A love story 3:17 4 lessons for breaking glass ceilings 7:35 What did Yellen get right? What did Yellen get wrong? 10:00 Recency bias in economics profession 12:28 Larry Summers 15:00 Late to the Biden Administration 17:00 She'll be the Treasury Secretary for a little longer 17:55 Yellen, Summers' approach to an airport 20:30 Human behavior in economics, markets 22:40 Human screw up on both sides of the equation 24:30 Hilsenrath's takeaways 27:33 Trust is a mess 30:26 Examining issues through Yellen's story 31:00 Rebuilding, restoring trust 34:58 Hilsenrath's family story 38:10 Are you proud to be a journalist? 41:59 Jon and Julia both got a C in Econ 101 45:21 Explaining economics through the book, “Yellen” 46:17 Thoughts on “Fed Whisperer” nickname 52:22 Parting thoughts

The founder of the Oath Keepers and several associates were convicted on charges related to planning the Jan 6th insurrection, and the Respect For Marriage Act passed the Senate with bipartisan support. And Secretary of the Treasury Janet Yellen makes her first visit to The Late Show to talk with Stephen about the pandemic's effect on the economy and whether or not the U.S. is headed for a recession. Learn more about your ad choices. Visit megaphone.fm/adchoices

The Rich Zeoli Show- Full Show (10/04/22) 3:00pm- Worried about the struggling economy? Don't be! The Washington Post's business section moronically explains why a recession is a good thing for Americans, with reasons that include “housing prices may finally come down to reasonable levels” and “student loan forgiveness is coming.”  3:20pm- Building upon the Washington Post's “7 Ways a Recession Could Be Good for You Financially”, Rich comes up with his own list of benefits to Biden's economy—including that the skyrocketing prices of food will help him eat less and lose some weight.  3:40pm- Andrew C. McCarthy—Senior Fellow at National Review Institute & author of “Ball of Collusion: The Plot to Rig an Election and Destroy a Presidency”—joins the show to discuss his latest editorial, “Larry Krasner's Lies.” McCarthy writes of Philadelphia, “the City of Brotherly Love passed the 400-murder mark for 2022 last week, with a quarter of the year left to go. The 2021 record outpaced New York City by a wide margin (the Big Apple saw 485 murders—a bad year by recent standards), even though New York City's population is more than five times that of Philadelphia.” During a recent interview, District Attorney Larry Krasner deflected accusations that his prosecutorial strategies are ineffective by stating that Pennsylvania, overall, has a high crime rate—but, as McCarthy points out, PA's violent crime problem is “way higher than it should be largely because of Krasner's city, even though Philadelphia accounts for only a little over a tenth of the state's overall population.”   4:05pm- On Thursday, Governor Gavin Newsom signed legislation that would make California a “sanctuary state” for child gender health services and reassignment surgeries. According to Daily Wire, “the new law restricts California officials and health providers from cooperating with out-of-state attempts to stop a child from getting gender health services, which could include puberty blockers, cross-sex hormones, or gender surgery.” In response to criticisms, Governor Newsom stated, “in California we believe in equality and acceptance.”  4:15pm- According to a report from the Manhattan Institute's Christopher Rufo, the American Medical Association is imploring U.S. Attorney General Merrick Garland and the Department of Justice to prosecute commentators on social media who are critical of doctors who perform gender affirmation procedures on children and teens. The AMA claims doctors, and hospitals, have been subjected to numerous threats. 4:35pm- On Friday, President Joe Biden thanked Aviation Survival Technician Second Class Zach Loesch—a hero who saved lives during the aftermath of Hurricane Ian. However, due to the Coast Guard's vaccination mandate, Loesch, who is unvaccinated, is expected to be discharged from service within the next 60 days.  4:40pm- During Tuesday's press briefing, White House Press Secretary Karine Jean Pierre explained that the Biden Administration had “no comment” on the potential discharge of Aviation Survival Technician Second Class Zach Loesch due to his unvaccinated status—despite his heroics during Hurricane Ian.  4:45pm- While speaking at the 2022 Freedman Bank Forum on Economic Equity, Secretary Janet Yellen explained that the Biden Administration and U.S. Treasury are adopting economic policies that promote “racial equity.”  5:05pm- Dr. Mehmet Oz—Republican candidate for United States Senate—joins the show to discuss his race against progressive John Fetterman. Despite being behind by 10-points in June, Dr. Oz is now polling within the margin of error. During the interview, Dr. Oz responded to reports that Fetterman vandalized a local business while serving as mayor of Braddock. On Monday, Fetterman used social media to promote a horrific claim that Oz engaged in incidents of animal abuse while conducting research at Columbia University—Dr. Oz flatly refuted the claim, saying it's simply not true. 5:25pm- While appearing on ABC, former CIA Director Gen. David H. Petraeus was asked about the possibility of Russia using nonstrategic or tactical nuclear weapons in its ongoing war with Ukraine. Petraeus suggested that in response, the United States would likely use non-nuclear weapons to sink Russia's Black Sea fleet. 5:40pm- A man has taken advantage of New York's gun buyback program—using his $200 3D printer to manufacture the “lower receivers and frames” of plastic firearms. He was able to trade-in over 100 “guns”, netting $21,000 in gift cards. 5:50pm- While speaking with Bloomberg reporter Akshat Rathi on the Zero podcast, Microsoft billionaire Bill Gates said that it was unrealistic for climate activists to expect people to stop eating meat or to forfeit living in nice homes in order to combat the “climate crisis.” 6:05pm- Pennsylvania State Representative Amen Brown joins the show to talk about the unmitigated violence Philadelphia is experiencing. Rep. Brown explains how he has made a habit of going to crime scenes in order to provide comfort to the loved ones of those who have been victimized. During the interview, Rep. Brown breaks-down the recent Pennsylvania House hearings seeking evidence to impeach Philadelphia District Attorney Larry Krasner—explaining that he believes Krasner and Mayor Jim Kenney both need to go. He also talks about “Philly Scoreboard” where gangs take credit for crimes committed throughout Philadelphia. Why isn't more being done by city officials to stop this?  6:45pm- According to an NBC/Telemundo poll, Democrats hold a 21-point lead with Latino voters—but that number is down from 42-points in 2012. How could this major shift impact the 2022 midterm elections?

4:05pm- On Thursday, Governor Gavin Newsom signed legislation that would make California a “sanctuary state” for child gender health services and reassignment surgeries. According to Daily Wire, “the new law restricts California officials and health providers from cooperating with out-of-state attempts to stop a child from getting gender health services, which could include puberty blockers, cross-sex hormones, or gender surgery.” In response to criticisms, Governor Newsom stated, “in California we believe in equality and acceptance.”    4:15pm- According to a report from the Manhattan Institute's Christopher Rufo, the American Medical Association is imploring U.S. Attorney General Merrick Garland and the Department of Justice to prosecute commentators on social media who are critical of doctors who perform gender affirmation procedures on children and teens. The AMA claims doctors, and hospitals, have been subjected to numerous threats.   4:35pm- On Friday, President Joe Biden thanked Aviation Survival Technician Second Class Zach Loesch—a hero who saved lives during the aftermath of Hurricane Ian. However, due to the Coast Guard's vaccination mandate, Loesch, who is unvaccinated, is expected to be discharged from service within the next 60 days.    4:40pm- During Tuesday's press briefing, White House Press Secretary Karine Jean Pierre explained that the Biden Administration had “no comment” on the potential discharge of Aviation Survival Technician Second Class Zach Loesch due to his unvaccinated status—despite his heroics during Hurricane Ian.    4:45pm- While speaking at the 2022 Freedman Bank Forum on Economic Equity, Secretary Janet Yellen explained that the Biden Administration and U.S. Treasury are adopting economic policies that promote “racial equity.” 

Chapel Hill Mayor Pam Hemminger spoke with 97.9 The Hill's Andrew Stuckey on Thursday, September 29th. She discussed the recent visit to Chapel Hill by U.S. Treasury Secretary Janet Yellen, many housing projects, and more. The post Chapel Hill: U.S. Treasury Secretary Janet Yellen, Housing, and More appeared first on Chapelboro.com.

Thursday September 15, 2022 - United States Treasury Secretary Janet Yellen Speaking at an IRS facility in New Carrollton, Maryland, said "the funding will help to improve the IRS in the form of better technology and taxpayer services, and stronger enforcement focused on wealthy Americans and corporations." Yellon also said "Importantly, I've directed that enforcement resources will not be used to raise audit rates for households making under $400,000 a year relative to historical levels," Republicans in Congress have prosposed legislation that would prevent the IRS from using any of the Inflation Reduction Act money to audit taxpayers who earn less than $400,000 annually. Good luck. Attorney Steven A. Leahy critiques Secretary Yellon's announcements about how the IRS will use the $80 Billion windfall on Today's Tax Talk. https://thehill.com/policy/finance/3644613-yellen-hails-text-message-tax-filing-in-speech-to-irs/ https://www.cnbc.com/2022/08/26/op-ed-the-irs-just-isnt-prepared-for-the-inflation-reduction-act.html https://www.foxbusiness.com/economy/yellen-outlines-planned-changes-irs-80b-overhaul https://taxfoundation.org/inflation-reduction-act-irs-funding/ https://www.foxnews.com/us/senate-republicans-protect-americans-earning-less-than-400k-irs-audits --- Send in a voice message: https://anchor.fm/steven-leahy1/message

President Biden takes a victory lap with the surprise legislation from Democratic Senators Manchin and Schumer. Royal Caribbean CEO Jason Liberty discusses his take on second quarter strength, and why travelers are back on the high seas. Plus, Secretary Janet Yellen delivers remarks on the economy from the Treasury Department.

Ukraine's first lady, Olena Zelenska, is scheduled to meet with Jill Biden in Washington. Lawyers for Twitter and Elon Musk are expected to face off over a trial timetable in the social-media company's lawsuit against the Tesla CEO. Keith Collins hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Wednesday June 8, 2022 - United .States Treasury Secretary Janet Yellen appeared at a Senate Hearing on Tuesday and said "The IRS is under siege. It is suffering from huge underinvestment," She, again, urged Congress to pass the Build Back Better Bill, or at least that portion that funds the IRS with an additional $80 billion over 10 years. That legislation would nearly double the IRS Budget and more than double the number of IRS employees. Approving Treasury's budget request would allow the IRS "to be able to ... make sure that people are paying the taxes that are due. Attorney Steven A. Leahy reports on this important story on Today's Tax Talk. https://youtu.be/8sinW9P9Hok?t=7199 https://www.yahoo.com/video/yellen-says-irs-under-siege-184329459.html --- Send in a voice message: https://anchor.fm/steven-leahy1/message

In our news wrap Tuesday, Treasury Secretary Janet Yellen told the Senate Finance Committee inflation will remain high, the Department of Homeland Security warns of potential new threats from domestic extremists, the World Bank lowered its economic outlook, Russia says it now controls most of Ukraine's Luhansk province, and an FDA advisory committee recommended approving Novovax's COVID vaccine. PBS NewsHour is supported by - https://www.pbs.org/newshour/about/funders

In our news wrap Tuesday, Treasury Secretary Janet Yellen told the Senate Finance Committee inflation will remain high, the Department of Homeland Security warns of potential new threats from domestic extremists, the World Bank lowered its economic outlook, Russia says it now controls most of Ukraine's Luhansk province, and an FDA advisory committee recommended approving Novavax's COVID vaccine. PBS NewsHour is supported by - https://www.pbs.org/newshour/about/funders

In our news wrap Tuesday, Treasury Secretary Janet Yellen told the Senate Finance Committee inflation will remain high, the Department of Homeland Security warns of potential new threats from domestic extremists, the World Bank lowered its economic outlook, Russia says it now controls most of Ukraine's Luhansk province, and an FDA advisory committee recommended approving Novavax's COVID vaccine. PBS NewsHour is supported by - https://www.pbs.org/newshour/about/funders

In our news wrap Tuesday, Treasury Secretary Janet Yellen told the Senate Finance Committee inflation will remain high, the Department of Homeland Security warns of potential new threats from domestic extremists, the World Bank lowered its economic outlook, Russia says it now controls most of Ukraine's Luhansk province, and an FDA advisory committee recommended approving Novavax's COVID vaccine. PBS NewsHour is supported by - https://www.pbs.org/newshour/about/funders

On Wednesday's Mark Levin Show, thanks to Big Media, America is engaged in a conversation on mass shootings, and mental illness with no real facts, or hard data. A word of thanks also goes to Mitch McConnell and the RINO Republicans for discussing pointless gun control measures in Congress, even though there isn't a single bill they could pass that would stop crazy people from hurting innocent people. We must thank President Biden for focusing his attention on 9mm pistols and revealing how senseless their gun-grabbing desires are, right? Then, the increased cost of every gallon of gas that you pay for is squarely Biden's fault. By limiting the production of energy, you increase the demand and the price. This was clear 14 months ago when this program noted that increased federal spending and decreased energy supply would drag us over the cliff to inflation and into a recession. All because of leftist climate ideology, not economics. Later, The Democrat Party and American Marxists never leave what's good alone; they create anarchy in energy production, our food supply, and our policies. Secretary Janet Yellen admits that she was wrong about inflation. Secretary Vilsack wants to transform agriculture. Democrats have destroyed our cultural history and economy. Afterward, according to FEC filings the Uvalde Police Chief, Pete Arredondo, donated to Democrat Beto O'Rourke's campaign in 2017. O'Rourke is famous for saying he was coming for your AR-15 if elected President. MSNBC host Joy Reid entertained commentary on her program that suggested that the police response was slowed due to the community being poor or Hispanic. Incidentally, this makes no sense as it is believed that Chief Arredondo, a Uvalde native, is also of Hispanic heritage. Finally, Andrew Pollack, whose daughter was murdered at Stoneman Douglas High School, calls in to tell parents to demand more security in schools.  Learn more about your ad choices. Visit podcastchoices.com/adchoices

As America continues to fall from the world stage as a leading country, the first lady and President Biden reveal that they adopted “fexting” as a way to resolve disputes. Why do they feel the need to share this? Reports are coming out that the Uvalde police and school district have stopped cooperating with the Texas investigation into police response. If this is true, why? As the White House covers for President Biden's gaffes, officials are now covering for Secretary Janet Yellen after she admits she was “wrong” about inflation. NBA superstar Jonathan Judah Isaac joins the podcast to discuss his book, “Why I Stand,” and the important lesson he learned in his stand for principles. As Biden's approval rating keeps falling, what happened to the most popular president EVER? Today's Sponsors: iTarget Pro comes in all the major calibers including .223 so you can stay sharp. Visit https://iTargetPro.com and use code: CHAD to receive 10% OFF plus FREE shipping. Learn more about your ad choices. Visit megaphone.fm/adchoices

Treasury Secretary Janet Yellen says the White House has several strategies that will reduce inflation, which she conceded is too high. In a sit down interview with Becky Quick, former Fed Chair Yellen recaps her meeting with current Fed Chair Jay Powell and President Biden, and she lists efforts aimed at prescription drug costs, the budget deficit, and oil production that could bring down prices. Economist Mohamed El-Erian, Allianz and Gramercy advisor and president of Queens' College, Cambridge, discusses the Federal Reserve and his outlook for interest rate hikes later this year.In this episode:Janet Yellen, @SecYellenMohamed El-Erian, @elerianmBecky Quick, @BeckyQuickBrian Sullivan, @SullyCNBCCameron Costa, @CameronCostaNY

Date: Friday, May 20, 2022Election primary updates in Kentucky, Oregon, Pennsylvania, North Carolina, and Idaho. Topics: Department of Health and Human Services announces a new website to help parents find baby formula. President Biden enacts Defense Production Act for baby formula delivery. Department of Homeland Security sends out warning of potential violence over the decision of Roe V. Wade. Department of Homeland Security created a board to combat misinformation. What is stagflation and what does treasury Secretary Janet Yellen have to say about it? Rapid and good news. Read our midterm articles here.Follow Nick on Twitter here.Follow Chris on Twitter here.Follow BBP News on Twitter here.News articles here. 

Our anchors begin today's show covering social media firm Snap's Q1 results, with insight from Guggenheim Securities analyst Michael Morris. Then, Treasury Secretary Janet Yellen and European Central Bank President Christine Lagarde sit down with CNBC's Sara Eisen to discuss inflation, the Russia-Ukraine conflict and more. Later, ACME Capital Co-Founder and Partner Hany Nada joins for a look at the recent seismic changes in internet stocks, and CNBC's Dom Chu breaks down a few factors driving the markets lower to start the morning.

Treasury Secretary Janet Yellen responds to BlackRock CEO Larry Fink's warning that the end of globalization is nigh. In a wide ranging interview, she weighs the concerns and the benefits of crypto assets, whether we need sanctions on China, and America's slow journey toward renewable energy. CNBC's Kayla Tausche reports on NATO's deal to cut European reliance on Russian oil in Belgium. Plus, March Madness upsets continue, bitcoin is prompting action in the S&P, and Bed Bath & Beyond has struck a deal with activist investor Ryan Cohen.  In this episode:Janet Yellen, @SecYellenKayla Tausche, @kaylatauscheAndrew Ross Sorkin, @andrewrsorkinBecky Quick, @BeckyQuickJoe Kernen, @JoeSquawkKatie Kramer, @Kramer_Katie

In this conversation recorded on March 10 for Washington Post Live, Treasury Secretary Janet Yellen discusses the effects of sanctions on Russia's economy, record-high inflation and gas prices affecting American consumers.

On this show we discuss the Executive Order that was signed by President Biden and what and Secretary Janet Yellen says in her leaked statement. Young Malcom of Crypto comes on to discuss his philosophy. We also discuss everyone reading The Little Bitcoin Book and how it was ahead of its time speaking about the cost of war.

Natural mineral may help reverse memory loss University of Queensland (Australia), February 7, 2022 Selenium—a mineral found in many foods—could reverse the cognitive impact of stroke and boost learning and memory in aging brains, according to University of Queensland research. Queensland Brain Institute (QBI) lead researcher Dr. Tara Walker said studies on the impact of exercise on the aging brain found levels of a protein key to transporting selenium in the blood were elevated by physical activity. The research team investigated whether dietary selenium supplements could replicate the effects of exercise. (NEXT) Poor sleep can triple risk for heart disease University of South Florida, February 7, 2022 Individual aspects of poor sleep can be detrimental to heart health. But if you combine them, the risk of heart disease can increase by as much as 141 percent. That's the finding of a new study published in the journal Scientific Reports. The University of South Florida-led study reviewed sleep data of 6,820 U.S. adults with an average age of 53 who self-reported their sleep characteristics and heart diseasehistory. Among the participants, 633 also wore a research device (actigraphy) around their wrist that captured sleep activity. (NEXT) Curcumin-pepper combination shows antioxidant benefits for diabetics: RCT Baqiyatallah, Shiraz and Mashhad universities (Iran), February 7, 2022 Curcumin and Piperine may reduce oxidative stress in patients suffering from type 2 diabetes, according to results of a randomized controlled trial. Clinical data published in the PubMed-listed journal Inflammopharmacology shows for the first time that the curcuminoid–piperine combination supplement may impact measures of oxidative stress in type 2 diabetes.Results showed that the curcuminoid-piperine combination resulted in an 21.9% reduction in MDA levels, compared to baseline levels, while no statistically significant changes were observed in the placebo group. In addition, the curcuminoid-piperine combination increased SOD and TAC levels by 11.6% and 21.1%, respectively, compared to baseline. On the other hand, these decreased by 12.6% and 17%, respectively in the placebo group, compared to placebo.  (VIDEOS) Here is Glen Greenwald talking with Howard Kurtz Trudeau's Brother Kyle Kemper takes Firm Stance against the Vaccine Mandate and “The Great Reset” (OTHER NEWS) Colossal Financial Pyramid: BlackRock and The WEF “Great Reset” F. William Engdahl – Global Research, June 20, 2021 A virtually unregulated investment firm today exercises more political and financial influence than the Federal Reserve and most governments on this planet. The firm, BlackRock Inc., the world's largest asset manager, invests a staggering $9 trillion in client funds worldwide, a sum more than double the annual GDP of the Federal Republic of Germany. This colossus sits atop the pyramid of world corporate ownership, including in China most recently. Since 1988 the company has put itself in a position to de facto control the Federal Reserve, most Wall Street mega-banks, including Goldman Sachs, the Davos World Economic Forum Great Reset, the Biden Administration and, if left unchecked, the economic future of our world. BlackRock is the epitome of what Mussolini called Corporatism, where an unelected corporate elite dictates top down to the population. How the world's largest “shadow bank” exercises this enormous power over the world ought to concern us. BlackRock since Larry Fink founded it in 1988 has managed to assemble unique financial software and assets that no other entity has. BlackRock's Aladdin risk-management system, a software tool that can track and analyze trading, monitors more than $18 trillion in assets for 200 financial firms including the Federal Reserve and European central banks. He who “monitors” also knows, we can imagine. BlackRock has been called a financial “Swiss Army Knife — institutional investor, money manager, private equity firm, and global government partner rolled into one.” Yet mainstream media treats the company as just another Wall Street financial firm. There is a seamless interface that ties the UN Agenda 2030 with the Davos World Economic Forum Great Reset and the nascent economic policies of the Biden Administration. That interface is BlackRock. Team Biden and BlackRock By now it should be clear to anyone who bothers to look, that the person who claims to be US President, 78-year old Joe Biden, is not making any decisions. He even has difficulty reading a teleprompter or answering prepared questions from friendly media without confusing Syria and Libya or even whether he is President. He is being micromanaged by a group of handlers to maintain a scripted “image” of a President while policy is made behind the scenes by others. It eerily reminds of the 1979 Peter Sellers film character, Chauncey Gardiner, in Being There. What is less public are the key policy persons running economic policy for Biden Inc. They are simply said, BlackRock. Much as Goldman Sachs ran economic policy under Obama and also Trump, today BlackRock is filling that key role. The deal apparently was sealed in January, 2019 when Joe Biden, then-candidate and long-shot chance to defeat Trump, went to meet with Larry Fink in New York, who reportedly told “working class Joe,” that, “I'm here to help.” Now as President in one of his first appointees, Biden named Brian Deese to be the Director of the National Economic Council, the President's main adviser for economic policy. One of the early Presidential Executive Orders dealt with economics and climate policy. That's not surprising, as Deese came from Fink's BlackRock where he was Global Head of Sustainable Investing. Before joining BlackRock, Deese held senior economic posts under Obama, including replacing John Podesta as Senior Adviser to the President where he worked alongside Valerie Jarrett. Under Obama, Deese played a key role in negotiating the Global Warming Paris Accords. In the key policy post as Deputy Treasury Secretary under Secretary Janet Yellen, we find Nigerian-born Adewale “Wally” Adeyemo. Adeyemo also comes from BlackRock where from 2017 to 2019 he was a senior adviser and Chief of Staff to BlackRock CEO Larry Fink, after leaving the Obama Administration. His personal ties to Obama are strong, as Obama named him the first President of the Obama Foundation in 2019. And a third senior BlackRock person running economic policy in the Administration now is also unusual in several respects. Michael Pyle is the Senior Economic Adviser to Vice President Kamala Harris. He came to Washington from the position as the Global Chief Investment Strategist at BlackRock where he oversaw the strategy for investing some $9 trillion of funds. Before joining BlackRock at the highest level, he had also been in the Obama Administration as a senior adviser to the Undersecretary of the Treasury for International Affairs, and in 2015 became an adviser to the Hillary Clinton presidential bid. The fact that three of the most influential economic appointees of the Biden Administration come from BlackRock, and before that all from the Obama Administration, is noteworthy. There is a definite pattern and suggests that the role of BlackRock in Washington is far larger than we are being told. What is BlackRock? Never before has a financial company with so much influence over world markets been so hidden from public scrutiny. That's no accident. As it is technically not a bank making bank loans or taking deposits, it evades the regulation oversight from the Federal Reserve even though it does what most mega banks like HSBC or JP MorganChase do—buy, sell securities for profit. When there was a Congressional push to include asset managers such as BlackRock and Vanguard Funds under the post-2008 Dodd-Frank law as “systemically important financial institutions” or SIFIs, a huge lobbying push from BlackRock ended the threat. BlackRock is essentially a law onto itself. And indeed it is “systemically important” as no other, with possible exception of Vanguard, which is said to also be a major shareholder in BlackRock. BlackRock founder and CEO Larry Fink is clearly interested in buying influence globally. He made former German CDU MP Friederich Merz head of BlackRock Germany when it looked as if he might succeed Chancellor Merkel, and former British Chancellor of Exchequer George Osborne as “political consultant.” Fink named former Hillary Clinton Chief of Staff Cheryl Mills to the BlackRock board when it seemed certain Hillary would soon be in the White House. He has named former central bankers to his board and gone on to secure lucrative contracts with their former institutions. Stanley Fisher, former head of the Bank of Israel and also later Vice Chairman of the Federal Reserve is now Senior Adviser at BlackRock. Philipp Hildebrand, former Swiss National Bank president, is vice chairman at BlackRock, where he oversees the BlackRock Investment Institute. Jean Boivin, the former deputy governor of the Bank of Canada, is the global head of research at BlackRock's investment institute. BlackRock and the Fed It was this ex-central bank team at BlackRock that developed an “emergency” bailout plan for Fed chairman Powell in March 2019 as financial markets appeared on the brink of another 2008 “Lehman crisis” meltdown. As “thank you,” the Fed chairman Jerome Powell named BlackRock in a no-bid role to manage all of the Fed's corporate bond purchase programs, including bonds where BlackRock itself invests. Conflict of interest? A group of some 30 NGOs wrote to Fed Chairman Powell, “By giving BlackRock full control of this debt buyout program, the Fed… makes BlackRock even more systemically important to the financial system. Yet BlackRock is not subject to the regulatory scrutiny of even smaller systemically important financial institutions.” In a detailed report in 2019, a Washington non-profit research group, Campaign for Accountability, noted that, “BlackRock, the world's largest asset manager, implemented a strategy of lobbying, campaign contributions, and revolving door hires to fight off government regulation and establish itself as one of the most powerful financial companies in the world.” The New York Fed hired BlackRock in March 2019 to manage its commercial mortgage-backed securities program and its $750 billion primary and secondary purchases of corporate bonds and ETFs in no-bid contracts. US financial journalists Pam and Russ Martens in critiquing that murky 2019 Fed bailout of Wall Street remarked, “for the first time in history, the Fed has hired BlackRock to “go direct” and buy up $750 billion in both primary and secondary corporate bonds and bond ETFs (Exchange Traded Funds), a product of which BlackRock is one of the largest purveyors in the world.” They went on, “Adding further outrage, the BlackRock-run program will get $75 billion of the $454 billion in taxpayers' money to eat the losses on its corporate bond purchases, which will include its own ETFs, which the Fed is allowing it to buy…” Fed head Jerome Powell and Larry Fink know each other well, apparently. Even after Powell gave BlackRock the hugely lucrative no-bid “go direct” deal, Powell continued to have the same BlackRock manage an estimated $25 million of Powell's private securities investments. Public records show that in this time Powell held direct confidential phone calls with BlackRock CEO Fink. According to required financial disclosure, BlackRock managed to double the value of Powell's investments from the year before! No conflict of interest, or? A Very BlackRock in Mexico BlackRock's murky history in Mexico shows that conflicts of interest and influence-building with leading government agencies is not restricted to just the USA. PRI Presidential candidate Peña Nieto went to Wall Street during his campaign in November 2011. There he met Larry Fink. What followed the Nieto victory in 2012 was a tight relationship between Fink and Nieto that was riddled with conflict of interest, cronyism and corruption. Most likely to be certain BlackRock was on the winning side in the corrupt new Nieto regime, Fink named 52-year-old Marcos Antonio Slim Domit, billionaire son of Mexico's wealthiest and arguably most corrupt man, Carlos Slim, to BlackRock's Board. Marcos Antonio, along with his brother Carlos Slim Domit, run the father's huge business empire today. Carlos Slim Domit, the eldest son, was Co-Chair of the World Economic Forum Latin America in 2015, and currently serves as chairman of the board of America Movil where BlackRock is a major investor. Small cozy world. The father, Carlos Slim, at the time named by Forbes as World's Richest Person, built an empire based around his sweetheart acquisition of Telemex (later America Movil). Then President, Carlos Salinas de Gortari, in effect gifted the telecom empire to Slim in 1989. Salinas later fled Mexico on charges of stealing more than $10 billion from state coffers. As with much in Mexico since the 1980s drug money apparently played a huge role with the elder Carlos Slim, father of BlackRock director Marcos Slim. In 2015 WikiLeaks released company internal emails from the private intelligence corporation, Stratfor. Stratfor writes in an April 2011 email, the time BlackRock is establishing its Mexico plans, that a US DEA Special Agent, William F. Dionne confirmed Carlos Slim's ties to the Mexican drug cartels. Stratfor asks Dionne, “Billy, is the MX (Mexican) billionaire Carlos Slim linked to the narcos?” Dionne replies, “Regarding your question, the MX telecommunication billionaire is.” In a country where 44% of the population lives in poverty you don't become the world's richest man in just two decades selling Girl Scout cookies. Fink and Mexican PPP With Marcos Slim on his BlackRock board and new president Enrique Peña Nieto, Larry Fink's Mexican partner in Nieto Peña's $590 billion PublicPrivatePartnership (PPP) alliance, BlackRock, was ready to reap the harvest. To fine-tune his new Mexican operations, Fink named former Mexican Undersecretary of Finance Gerardo Rodriguez Regordosa to direct BlackRock Emerging Market Strategy in 2013. Then in 2016 Peña Nieto appointed Isaac Volin, then head of BlackRock Mexico to be No. 2 at PEMEX where he presided over corruption, scandals and the largest loss in PEMEX history, $38 billion. Peña Nieto had opened the huge oil state monopoly, PEMEX, to private investors for the first time since nationalization in the 1930s. The first to benefit was Fink's BlackRock. Within seven months, BlackRock had secured $1 billion in PEMEX energy projects, many as the only bidder. During the tenure of Peña Nieto, one of the most controversial and least popular presidents, BlackRock prospered by the cozy ties. It soon was engaged in highly profitable (and corrupt) infrastructure projects under Peña Nieto including not only oil and gas pipelines and wells but also including toll roads, hospitals, gas pipelines and even prisons. Notably, BlackRock's Mexican “friend” Peña Nieto was also “friends” not only with Carlos Slim but with the head of the notorious Sinaloa Cartel, “El Chapo” Guzman. In court testimony in 2019 in New York Alex Cifuentes, a Colombian drug lord who has described himself as El Chapo's “right-hand man,” testified that just after his election in 2012, Peña Nieto had requested $250 million from the Sinaloa Cartel before settling on $100 million. We can only guess what for. Larry Fink and WEF Great Reset In 2019 Larry Fink joined the Board of the Davos World Economic Forum, the Swiss-based organization that for some 40 years has advanced economic globalization. Fink, who is close to the WEF's technocrat head, Klaus Schwab, of Great Reset notoriety, now stands positioned to use the huge weight of BlackRock to create what is potentially, if it doesn't collapse before, the world's largest Ponzi scam, ESG corporate investing. Fink with $9 trillion to leverage is pushing the greatest shift of capital in history into a scam known as ESG Investing. The UN “sustainable economy” agenda is being realized quietly by the very same global banks which have created the financial crises in 2008. This time they are preparing the Klaus Schwab WEF Great Reset by steering hundreds of billions and soon trillions in investment to their hand-picked “woke” companies, and away from the “not woke” such as oil and gas companies or coal. BlackRock since 2018 has been in the forefront to create a new investment infrastructure that picks “winners” or “losers” for investment according to how serious that company is about ESG—Environment, Social values and Governance. For example a company gets positive ratings for the seriousness of its hiring gender diverse management and employees, or takes measures to eliminate their carbon “footprint” by making their energy sources green or sustainable to use the UN term. How corporations contribute to a global sustainable governance is the most vague of the ESG, and could include anything from corporate donations to Black Lives Matter to supporting UN agencies such as WHO. Oil companies like ExxonMobil or coal companies no matter how clear are doomed as Fink and friends now promote their financial Great Reset or Green New Deal. This is why he cut a deal with the Biden presidency in 2019. Follow the money. And we can expect that the New York Times will cheer BlackRock on as it destroys the world financial structures. Since 2017 BlackRock has been the paper's largest shareholder. Carlos Slim was second largest. Even Carl Icahn, a ruthless Wall Street asset stripper, once called BlackRock, “an extremely dangerous company… I used to say, you know, the mafia has a better code of ethics than you guys.” (NEXT) Can Joe Rogan Save Free Speech? Jonathan Turley, February 3, 2022 Below is my column on the campaign to cancel Joe Rogan and his podcast. Various celebrities and artists have joined the movement for censoring Joe Rogan, including Mary Trump. The White House has called for even greater action from Spotify to limit or remove content. We have also heard the same false narrative that, since the First Amendment only covers government action, this is not by definition a free speech issue. The argument is entirely divorced from any understanding of free speech. As we have previously discussed, the First Amendment is not the full or exclusive embodiment of free speech. It addresses just one of the dangers to free speech posed by government regulation. Many of us view free speech as a human right. Corporate censorship of social media clearly impacts free speech, and replacing Big Brother with a cadre of Little Brothers actually allows for far greater control of free expression. When it comes to media, information or social media platforms, corporate censorship can have a devastating impact on free speech. For Spotify, the choice between Rogan's 11 million listeners or an aging rocker was economically clear, even with other artists threatening to pull their music from the platform. The music side of Spotify is reportedly not making much revenue, but Rogan and podcasts are a cash machine. Spotify now has 365 million subscribers and its advertising revenues have doubled with the help of the podcast market. Revenue from podcasts is up a staggering 627 percent on Spotify. However, even if the company was not motivated by its better angels, that may actually be better news for free speech. The free-fall of free speech has largely been due to greed. Companies see no profit in defending dissenting viewpoints. Now, for the first time, the economics may have actually worked against censorship and for free speech. At least in this instance, to paraphrase “Wall Street's” Gordon Gekko, “Greed is good” for free speech. The famous economist Arthur Cecil Pigou once explained that corporations are not “social” but market creatures moved by profits, not principles. No matter how “woke” many companies may appear, there is an economic calculation behind corporate action. Most companies yield to demands because it is wealth-maximizing. There was a calculation that woke statements or censorship policies would protect a company from protests while opposing customers would still want its product. That calculation has been a disaster for free speech. The First Amendment only addresses the primary threat that existed in the 18th century against free speech: the government. It does not limit private companies, which have free speech rights like individuals. Activists and politicians used that blind spot to do indirectly what they could not do directly in censoring opposing viewpoints. Democratic leaders, including President Biden, have encouraged companies to expand what they euphemistically call “content modification” to block dissenting views on vaccines, election integrity, global warming, gender identity and a range of other issues. As a result, social media companies and other corporations now regulate speech in the United States to a degree that an actual state media would struggle to replicate. Faced with a growing cancel culture, companies are scrubbing their platforms of dissenting viewpoints and converting forums into echo chambers. Rogan's popularity is precisely due to the fact that he is uncensored in what he says. As many networks and newspapers have become more of an echo chamber, viewers and readers have fled en masse. Trust in the media has fallen to just 46 percent and as low as 40 percent in recent polling. While Young reportedly relies on Spotify for 60 percent of his royalty income, Spotify does not rely on Young or other rock stars for its primary profits. It is the reverse of market conditions from just a couple years ago. While Rogan has promised to be more careful in how information is presented on his show (and Spotify will add “advisories” on podcasts), his podcast survived the celebrity onslaught. As various investors seek to create free speech alternatives to Twitter and YouTube, there may be an emerging market for free speech products. This does not mean that Joe Rogan is the new Thomas Paine or that this small skirmish is a turning point in the war over free speech. Indeed, the campaign continues against Spotify. However, with the explosion of corporate censorship, free speech advocates have begun to look at figures like Rogan as “super survivors,” people who seem to have natural immunities protecting them from an otherwise lethal threat. If we can replicate those economic antibodies, we just might be able to develop a protection against censorship and the cancel culture.

Live—from the campus of Hillsdale College in beautiful Hillsdale Michigan— this is Scot Bertram in for Steve on the Steve Gruber Show for –Tuesday November 17th 2021—   —Here are 3 big things you need to know—   Three— The vast majority of COVID-19 cases worldwide are now the Delta variant.  The World Health Organization reports about 99 percent of the roughly 900-thousand COVID-19 cases sequenced over the last two months came from the Delta strain.  The highly contagious variant was first detected in India this time last year.   Two— Michigan drivers are paying an average of 18-percent less money on auto insurance than the prior year.  Governor Whitmer says that's due to the auto insurance reform she previously signed and adds even more money should be saved on the PIP medical portion of policies depending on coverage options.   And number one—   Treasury Secretary Janet Yellen is urging lawmakers to raise or suspend the debt limit "as soon as possible."  In a letter to House Speaker Nancy Pelosi, Yellen explained the federal government could default on its debt obligations shortly after December 15th.  Yellen's update comes after President Biden signed the bipartisan infrastructure bill into law.  

The White House and members of the Joe Biden-Kamala Harris administration host the 2021 Tribal Nations Summit. The summit brings together officials and leaders from federally recognized tribes together to discuss how the federal government can invest in and continue to strengthen the nation-to-nation relationship and ensure that progress in Indian Country endures for years to come. This is the second and final day of the two-day event. AGENDA - NOVEMBER 16, 2021 Welcome Remarks Kevin Gover, Under Secretary of the Smithsonian Lynn Malerba, Mohegan Tribe White House Director of Intergovernmental Affairs Julie Rodriguez Policy Panel: Climate Change Impacts and Solutions Featuring Tribal leaders in conversation with: White House Climate Advisor Gina McCarthy Council on Environmental Quality Chair Brenda Mallory Secretary Denis McDonough - Department of Veterans Affairs Policy Panel: Tribal Treaty Rights and Sacred Lands Featuring Tribal leaders in conversation with: Assistant Secretary Bryan Newland – Bureau of Indian Affairs Secretary Janet Yellen – US Department of the Treasury White House Domestic Policy Director Susan Rice Administration Listening Session Featuring Tribal leaders in conversation with: Secretary Deb Haaland – US Department of Interior Assistant Secretary Bryan Newland – Bureau of Indian Affairs General Counsel Sam Bagenstos – Office of Management and Budget Special Assistant to the President Libby Washburn – White House Policy Panel: Economic and Workforce Development Featuring Tribal leaders in conversation with: Secretary Marty Walsh – US Department of Labor Administrator Isabella Guzman – Small Business Administration American Rescue Plan Coordinator Gene Sperling Policy Panel: Infrastructure, Housing, and Energy Featuring Tribal leaders in conversation with: Secretary Jennifer Granholm – US Department of Energy Secretary Pete Buttigieg – US Department of Transportation Reading by US Poet Laureate Joy Harjo Introduction by Kenneth Kahn, Santa Ynez Band of Chumash Indians Vice President Kamala Harris

Kai Ryssdal often liked to play a game on the show he would call What’s Janet Yellen Thinking? Well, today he took a trip to Washington, D.C., to ask just that. The two chatted about the potential impact of the Build Back Better bill, why Yellen thinks the current inflation is transitory and why raising the federal debt limit is “simply a must.” Also on today’s show, we’ll chat about General Electric’s big breakup announcement, revisit teen employment and hear from a couple in Brooklyn, New York, who are still reeling from the aftermath of Hurricane Ida.

Kai Ryssdal often liked to play a game on the show he would call What’s Janet Yellen Thinking? Well, today he took a trip to Washington, D.C., to ask just that. The two chatted about the potential impact of the Build Back Better bill, why Yellen thinks the current inflation is transitory and why raising the federal debt limit is “simply a must.” Also on today’s show, we’ll chat about General Electric’s big breakup announcement, revisit teen employment and hear from a couple in Brooklyn, New York, who are still reeling from the aftermath of Hurricane Ida.

Paschal Donohue, Minister for Finance, discusses the corporate tax rate ahead of a visit by US Treasury Secretary Janet Yellen.

First, Jake talks to Speaker of the House Nancy Pelosi about the ongoing social safety net bill negotiations. Next, Jake asks Secretary of the Treasury Janet Yellen about rising inflation and when Americans can expect a return to normal. Then, Jake interviews Republican Governor Asa Hutchinson about vaccine mandates in his state of Arkansas. Finally, Jake calls out some GOP leaders for joking about Alec Baldwin after the actor fired a prop gun on the set of "Rust," killing the cinematographer and injuring the director. To learn more about how CNN protects listener privacy, visit cnn.com/privacy

Secretary Janet Yellen estimates that the U.S. could default on October 18 if Congress doesn't act to raise the debt ceiling. I joined CBS Mornings to talk about the possible impacts on the economy. Have a money question? Email us, ask jill [at] jill on money dot com. Please leave us a rating or review in Apple Podcasts. "Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com. Learn more about your ad choices. Visit podcastchoices.com/adchoices

At a congressional hearing Tuesday, Janet Yellen said they must avoid the U.S. defaulting on its bills for the first time in history. Defaulting, she said, would be catastrophic for the U.S. economy. China correspondent Jennifer Pak joins us to discuss the power cuts there, which have hit millions of homes and factories and can affect what we can eventually buy over here. Also, a new study shows how the pandemic has hindered global efforts to provide and grow access to electricity. 

At a congressional hearing Tuesday, Janet Yellen said they must avoid the U.S. defaulting on its bills for the first time in history. Defaulting, she said, would be catastrophic for the U.S. economy. China correspondent Jennifer Pak joins us to discuss the power cuts there, which have hit millions of homes and factories and can affect what we can eventually buy over here. Also, a new study shows how the pandemic has hindered global efforts to provide and grow access to electricity. 

Comprehensive coverage of the day's news with a focus on war and peace; social, environmental and economic justice. Republicans continue to block an increase in the nation's borrowing power. Treasury Secretary Janet Yellen warns failure to raise debt ceiling will result in recession. Governor Gavin Newsom signs package of housing bills to invest $24 billion in 84,000 units. Two fires threaten Sequoia National Forest and surrounding communities. Climate justice activists including Greta Thunberg slam governments for lack of action on climate. Top military officer Mark Milley calls Afghanistan war “strategic failure,” urged keeping troops there. $1.8 billion settlement for victims of Aliso Canyon natural gas well blow out, some say not enough. Photo of the Windy Fire burning in Sequoia National Park, by Mike McMillan with U.S. Forest Service. The post As Democrats and Republicans spar over raising debt ceiling, Treasury Secretary Janet Yellen warns failure to do so will result in recession; Governor Gavin Newsom signs package of housing bills to invest $24 billion in 84,000 units; Two fires threaten giant trees at Sequoia National Forest and surrounding communities appeared first on KPFA.

Josh Rudolph at the Alliance for Securing Democracy at the German Marshall Fund discusses how we should approach corruption and kleptocracy from a policy perspective and why Treasury needs to ‘get with the program.’ Episode resources: Mentioned at (00:41): The Fight Against Corruption Needs Economists, by Josh Rudolph, Foreign Affairs, 17 May 2021 Mentioned at (03:06): Investment Funds: Massive Transparency Loopholes with Josh Kirschenbaum, senior fellow at the German Marshall Fund’s Alliance for Securing Democracy, Bribe, Swindle or Steal, 21 April 2021 Mentioned at (04:46): Treasury’s War on Corruption: A U.S. Treasury Department Strategy to Fight Kleptocracy and Root Dirty Money Out of the U.S. Financial System, by Josh Rudolph, Alliance for Securing Democracy at the German Marshall Fund of the United States, 22 December 2020 Mentioned at (10:37): Letter from Sen. Whitehouse and Rep. Malinowski to Secretary Janet Yellen, 3 May 2021 Josh’s latest report: Coordinating the War on Corruption: An Administrative Plan for the White House to Combat Corruption and Kleptocracy, by Josh Rudolph, Alliance for Securing Democracy at the German Marshall Fund of the United States, 17 May 2021

First, Jake talks to Treasury Secretary Janet Yellen about President Biden's $1.9 trillion covid relief package, amid criticism from Republicans and some Democrats that it's too big. Next, Pennsylvania Sen. Pat Toomey responds to Yellen and also looks ahead to the start of former President Trump's second impeachment trial in the Senate this week. Then, Jake asks Budget Committee Chairman Sen. Bernie Sanders about calls to make stimulus checks more targeted and leave his proposed minimum wage hike out of the covid bill. Finally, Massachusetts Rep. Ayanna Pressley joins Jake to reflect on her experience during the Capitol attack one month ago. To learn more about how CNN protects listener privacy, visit cnn.com/privacy

It's a story that has everything, except a reporter able to tell it. A hostile state attacking the U.S. power grid is a longstanding and quite plausible national security concern. The Trump administration was galvanized by the threat, even seizing Chinese power equipment at the port to do a detailed breakdown and then issuing an executive order and follow-up rulings designed to cut Chinese products from the supply chain. Yet the Biden administration suspended this order for 90 days—the only Trump cybersecurity order to be called into question so far. Industry lobbying? Chinese maneuvering? Tech uncertainty?  No one knows, but Brian Egan and I at least sketch the outlines of an irresistible story that will have to wait for a persistent journalist. The SolarWinds story needs a new moniker, as the compromises spread beyond the scope of SolarWinds distributions to victims like Malwarebytes. Increasingly, it looks as though Microsoft and its cloud are the common denominators, Sultan Meghji and I observe, but that's one moniker the story will never acquire. In other cyber news, the Chinese are stealing airline passenger reservation data, Sultan notes. Maybe they're just trying to find out when Mike Pompeo next plans to come to China so they can meet him at the airport and enforce their latest sanctions—no Great Wall tours for you, Mr. Secretary! This is our last week of Trumpian cyber news, so we wallow in it. The President issued a last-minute order calling for an assessment of the security risks of Chinese drones, Maury Shenk tells us. And Brian unpacks the other last-minute order requiring U.S. cloud providers to know which foreigners they are selling virtual machines to. I claim victory in my short letter to former Secretary of the Treasury Steven Mnuchin, suggesting that, instead of jamming a cryptocurrency regulation through on his watch, he concentrates on convincing the newly confirmed Secretary Janet Yellen to carry through.  If he took my advice, it seems to have worked. Sultan reports that she is showing signs of wanting to "curtail" cryptocurrency.  In other news, Sultan boldly predicts the advent of interplanetary cryptocurrency in Elon Musk's lifetime. Brian and I unpack the latest Cyberspace Solarium Commission product—Transition Book—which is persuasive for the Biden administration. I predict that the statutorily mandated cybersecurity director will have to be subordinated to the deputy national security adviser for cybersecurity for the office to be accepted in the administration. And in quick hits, Maury covers the surprisingly robust European enforcement of employee protections against video surveillance. I explain Parler's loss in trying to overturn the Amazon Web Services ban that pushed it off the internet. Sultan explains why the Biden Peloton is a cybersecurity risk, and I tip my hat to the president's physical fitness.   I summarize the Michael Ellis story; he held the job of NSA's general counsel for about a day before a political witch-hunt caught up with him, and may never serve another day.   And, finally, a little schadenfreude for the European Parliament, which is being investigated by the EU's lead data regulator for poor cookie notices on a website it set up for Members of the European Parliament to book coronavirus tests. The complainant? Max Schrems, who is on his way to becoming as unpopular with European politicos as he is in the U.S. And more!   Download the 346th Episode (mp3) You can subscribe to The Cyberlaw Podcast using iTunes, Google Play, Spotify, Pocket Casts, or our RSS feed. As always, The Cyberlaw Podcast is open to feedback. Be sure to engage with @stewartbaker on Twitter. Send your questions, comments, and suggestions for topics or interviewees to CyberlawPodcast@steptoe.com. Remember: If your suggested guest appears on the show, we will send you a highly coveted Cyberlaw Podcast mug! The views expressed in this podcast are those of the speakers and do not reflect the opinions of their institutions, clients, friends, families, or pets.

The Senate Finance Committee voted 26 to zero to approve President Biden's historic choice of the first woman Treasury Secretary, CQ Roll Call's Doug Sword reports on Janet Yellen.