Treasury under secretary

“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

Also up for confirmation are Alejandro Mayorkas, Mr. Biden’s nominee for Secretary of the Department of Homeland Security; Mr. Biden confidant Antony Blinken to lead the State Department; Avril Haines to be the first woman to serve as Director of National Intelligence; and Janet Yellen as Treasury Secretary, another first for a woman. … [Read more...] about Joe Biden’s national security Cabinet nominees face Senate tests

"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

If confirmed by the Senate, Yellen would be the first woman to serve as U.S. treasury secretary in the department's 231 years of history. She would also be the first person to have served as treasury secretary, chair of the Council of Economic Advisors, and chair of the Federal Reserve. Enditem … [Read more...] about Yellen urges Congress to pass new COVID-19 relief package as recovery stalls amid surging cases

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