Remarks by Secretary of the Treasury Janet L. Yellen at Roundtable Discussion with U.S. Businesses Operating in the People’s Republic of China (PRC)

As Prepared for Delivery Thank you for joining me today. It is great to see all of you. I am here in Beijing to carry forward President Biden’s directive from his meeting with President Xi last November to deepen our communications with China, including on economic issues. We believe that it is in the best […]

New Treasury Department Data Shows Homeowner Assistance Fund Helped Keep More than 300,000 Families In Their Homes

Treasury’s Homeowner Assistance Fund, passed as part of the American Rescue Plan, has reached more underserved communities than prior federal mortgage assistance and foreclosure prevention programs WASHINGTON – The U.S. Department of the Treasury today released Homeowner Assistance Fund (HAF) data through March 31, 2023, which demonstrates a substantial increase in assistance to homeowners. As of […]

Remarks by Secretary of the Treasury Janet L. Yellen at Climate Finance Roundtable in the People’s Republic of China

As Prepared for Delivery I am happy to be here today with all of you. Thank you for joining me. I am in Beijing at this critical time because, while there are disagreements between our nations, President Biden and I believe it is in the best interests of our peoples to put our relationship on […]

READOUT: Secretary of the Treasury Janet L. Yellen’s Roundtable Discussion with U.S. Businesses Operating in the People’s Republic of China (PRC)

BEIJING – Today, U.S. Secretary of the Treasury Janet L. Yellen participated in a roundtable discussion with over 10 U.S. businesses operating in the People’s Republic of China, hosted by the American Chamber of Commerce in China. Secretary Yellen recognized the importance of trade and investment with China in supporting American workers and businesses, given […]

READOUT: Secretary of the Treasury Janet L. Yellen’s Meeting with Premier Li Qiang of the People’s Republic of China

BEIJING – Secretary of the Treasury Janet L. Yellen today met with Premier of the People’s Republic of China Li Qiang.  The meeting was candid and constructive, and part of ongoing efforts to deliver on President Biden and President Xi’s directive to deepen bilateral discussions following their meeting last November.  While raising issues of concern, Secretary Yellen discussed the Administration’s desire to seek healthy economic competition with […]

READOUT: Secretary of the Treasury Janet L. Yellen’s Meeting with the Ambassador from the People’s Republic of China Xie Feng

WASHINGTON – Today, U.S. Secretary of the Treasury Janet L. Yellen met with the Ambassador from the People’s Republic of China Xie Feng. The frank and productive discussion supported ongoing efforts to maintain open lines of communication and responsibly manage the U.S.-China bilateral relationship, in line with Secretary Yellen’s upcoming trip to Beijing.  Secretary Yellen […]

Media Advisory: Secretary of the Treasury Janet L. Yellen to Travel to the People’s Republic of China

WASHINGTON – Secretary of the Treasury Janet L. Yellen will travel to Beijing, the People’s Republic of China (PRC) from July 6-9 for meetings with senior PRC officials. Secretary Yellen’s travel follows President Biden’s directive after his meeting with President Xi last November to deepen communication between the U.S. and the PRC on a range […]

Remarks by Secretary of the Treasury Janet L. Yellen on Centering Equity in Economic Policy at the Essence Festival’s Global Black Economic Forum

Secretary Yellen is the first Treasury Secretary to attend and speak at the Essence Festival As Prepared for Delivery Hello, everyone. It’s good to be with all of you.  Let me first thank the organizers of the Essence Festival for inviting me to be the first Treasury Secretary to join this forum. I appreciate all […]

Treasury Releases Assessment of Small Insurer Competitiveness in the Terrorism Risk Insurance Marketplace

WASHINGTON — The U.S. Department of the Treasury’s Federal Insurance Office (FIO) has released its 2023 “Study of Small Insurer Competitiveness in the Terrorism Risk Insurance Marketplace.”  In addition to providing updates on the role of small insurers in the terrorism insurance marketplace, the Report identifies new insights available from FIO’s expanded cyber insurance data […]

Remarks by Secretary of the Treasury Janet L. Yellen at PosiGen in New Orleans, Louisiana

As Prepared for Delivery Good morning, everyone. Thank you for the kind introduction. I’m grateful to be here in Louisiana. There is no better place to speak about the economic future we are building than in the New Orleans area – known for its energy and dynamism. I am thankful for the warm welcome from […]