Treasury under secretary sigal mandelker

"With the trillions already in the pipeline, and close to $1 trillion of relief enacted just a few short weeks ago, it is important to focus efforts on pandemic relief. Now is not the time to enact a laundry list of liberal structural economic reforms," Chuck Grassley, an Iowa Republican and chairman of the Senate Finance Committee, said Tuesday at the hearing. … [Read more...] about Yellen urges Congress to pass new COVID-19 relief package as recovery stalls amid surging cases

Putting his national security team in place quickly is a high priority for Mr. Biden, not only because of his hopes for reversing or modifying Trump administration policy shifts but also because of diplomatic, military and intelligence problems around the world that may create challenges early in his tenure. … [Read more...] about Joe Biden’s national security Cabinet nominees face Senate tests

“The U.S. dollar index is trading flat this morning in Asian trade against major peers. Markets will look ahead to the testimony of U.S. Treasury Secretary nominee Janet Yellen later in the day,” Reliance Securities said in a research note. … [Read more...] about Rupee rises 13 paise to 73.15 against U.S. dollar in early trade

"Economists don't always agree, but I think there is a consensus now: Without further action, we risk a longer, more painful recession now - and long-term scarring of the economy later," Yellen said at her confirmation hearing virtually held by the Senate Finance Committee. … [Read more...] about U.S. stocks rise amid stimulus hopes, earnings

Qin, former secretary of the Communist Party of China (CPC) Yunnan provincial committee and a former senior national legislator, was also fined 1.5 million yuan (around 231,000 U.S. dollars), according to the verdict of the Intermediate People's Court of Chengdu in Sichuan Province. … [Read more...] about Former senior official sentenced to 7 yrs for graft