Janet Yellen


Policy

Biden Issues Long-Awaited US Executive Order on Crypto

Federal agencies will evaluate their approach in six “key priorities” within the digital asset sector.

U.S. President Joe Biden signed a first-of-its-kind executive order on crypto regulation Wednesday, calling for federal agencies to coordinate their ongoing work in evaluating digital assets and cryptocurrency regulation. (Anna Moneymaker/Getty Images)

Policy

Financial Stability Group Warns of Stablecoin, DeFi Risks in Annual Report

Top U.S. financial system regulators highlighted crypto’s growing risk in their annual stability annual report.

Treasury Secretary Janet Yellen (right) chairs the FSOC, which also includes Fed Chair Jerome Powell (Alex Wong/Getty Images)

Videos

US Senators Urge Treasury Secretary Janet Yellen to Clarify Infrastructure Bill Language Before 2022

In August, U.S. President Joe Biden signed into law the historic $1 trillion infrastructure bill, raising concerns about its controversial definition of “broker.” Now, a group of bipartisan senators are pushing Treasury Secretary Janet Yellen to provide clarification on the language no later than the end of the year.

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Policy

US Lawmakers Ask Janet Yellen to Define ‘Broker’ for Infrastructure Bill

A bipartisan group of senators say they’ll offer legislation if needed to clarify the contentious provision.

Senators Kyrsten Sinema (left), Mark Warner and Rob Portman (Alex Wong/Getty Images, modified by CoinDesk)

Policy

Biden Administration to Congress: Put Stablecoins Under Federal Supervision – Or We Will

If U.S. lawmakers don’t act, regulators have the authority to take their own measures, according to the long-awaited report from the President’s Working Group on Financial Markets.

LEGISLATE, PLEASE: “The current regulatory framework isn’t set up to address some of the new kinds of risks that [stablecoins] could pose,” says Treasury Under Secretary Nellie Liang. (Andrew Harrer/Bloomberg via Getty Images)

Policy

Digital Dollar Needs Legislative Support, Fed Chair Says

The issue of CBDCs and financial privacy were featured during Tuesday’s contentious Senate Banking Committee hearing.

Treasury Secretary Janet Yellen (L) and Fed Chair Jerome Powell (Kevin Dietsch/Getty Images)

Policy

US Treasury Turns Its Gaze to Stablecoin Issuers

Stablecoin transactions and their impact on financial stability are top-of-mind for Treasury officials

Treasury Secretary Janet Yellen (Drew Angerer/Getty Images)

Videos

What to Know About Two New Amendments to US Infrastructure Bill

U.S. Treasury Secretary Janet Yellen has reportedly been lobbying against cryptocurrency legislation proposed by Sen. Ron Wyden (D-Ore.) and other senators. Meanwhile, the White House is supporting a competing amendment that excludes proof-of-work miners from the reporting provision.

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