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Category U.S. Treasury Secretary

MainNewsU.S. Treasury Secretary
US Treasury Secretary: No Alternative Reserve Currency Can ‘Replicate’ Role Played by the Dollar

US Treasury Secretary: No Alternative Reserve Currency Can ‘Replicate’ Role Played by the Dollar

United States Treasury Secretary Janet Yellen recently told members of the U.S. Congress that while some countries are seeking to create alternativ...
Jun, 16, 2023
2 min read
by Bitcoin News
Yellen Says US ‘Not Willing to Allow Contagious Bank Runs,’ Calls OPEC Oil Production Cut ‘Unconstructive’

Yellen Says US ‘Not Willing to Allow Contagious Bank Runs,’ Calls OPEC Oil Production Cut ‘Unconstructive’

Roughly 26 days ago and in the following days, the U.S. witnessed two significant bank failures when Silicon Valley Bank and Signature Bank collaps...
Apr, 05, 2023
2 min read
by Bitcoin News
Report: Silicon Valley Bank Under FDIC Auction as Calls for Bailout Grow

Report: Silicon Valley Bank Under FDIC Auction as Calls for Bailout Grow

The U.S. Federal Deposit Insurance Corporation (FDIC) began an auction process for Silicon Valley Bank (SVB) late Saturday night, according to repo...
Mar, 12, 2023
2 min read
by Bitcoin News