Biden said Republican-led states "really screwed up in terms of the way they handled their economy" in the wake of the COVID-19 pandemic.

Outgoing Treasury Secretary Janet Yellen told the story of when she first smoked marijuana and thought it was “neither here nor there.” President Joe Biden nominated Yellen, 78, as the first female head of the Treasury Department.

In one of her last acts as Treasury Secretary, Janet Yellen said her agency will start taking “extraordinary measures,” or special accounting maneuvers intended to prevent the nation from hitting the debt ceiling,

As President Biden's term ends, his administration's focus on diversity is highlighted by historic appointments, including the first Native American Cabinet official and the first female Treasury Secretary.

US Treasury Secretary Janet Yellen warned Wednesday that plans to extend President-elect Donald Trump's 2017 tax cuts -- which remained in place under Joe Biden but are set to expire -- will add to unsustainable deficits.

President Joe Biden's major domestic policies, including infrastructure and climate change laws, will continue to affect Americans after he leaves office.

Yellen said there had not been much progress in lowering prices in recent months, but she remained convinced that the US was on a “downward path.”

U.S. Treasury Secretary Janet Yellen on Wednesday mounted a robust defense of the Biden administration's response to the COVID-19 pandemic, arguing that its stimulus spending led to robust growth and averted millions of job losses.

In one of her last acts as Treasury Secretary, Janet Yellen said her agency will start taking "extraordinary measures," or special accounting maneuvers intended

It is not clear how long Congress will have to secure a deal on funding or raising the debt ceiling again once the measures are taken, but in the past it has helped stall the default for several month

U.S. Treasury Secretary Janet Yellen on Wednesday mounted a robust ... noting Congress had rejected President Joe Biden's plans to cut the deficit by raising taxes on the wealthiest Americans.