Secretary of the Treasury

Trump orders Commerce, Treasury to come up with a plan for ‘sovereign wealth fund’

David Bale1 month ago05 mins

President Donald Trump has ordered his Secretary of the Treasury and the Secretary of Commerce to come up with a plan for establishing the nation’s first sovereign wealth fund. According to the president, joining the league of nations that maintain a wealth fund will enable the U.S. government to “maximize the stewardship of our national…

Janet Yellen: Covid stimulus may have contributed ‘a little bit’ to inflation

David Bale2 months ago04 mins

Treasury Secretary Janet Yellen said Wednesday that the stimulus spending signed into law by President Joe Biden to aid the U.S. recovery from the Covid-19 pandemic may have contributed “a little bit” to the country’s subsequent inflation woes. But the widespread rise in prices that marred the Democrat’s administration was mostly “a supply-side phenomenon” caused…

Chief Editor

Larry Pali

Trump orders Commerce, Treasury to come up with a plan for ‘sovereign wealth fund’

Janet Yellen: Covid stimulus may have contributed ‘a little bit’ to inflation