Yellen to Visit Senior Leaders in China in April, Politico Says

Shiyin Chen

23 March 2024 at 2:48 pm·1-min read

(Bloomberg) -- Treasury Secretary Janet Yellen will visit China in April to meet with the country’s senior leaders, Politico reported, citing US government officials with knowledge of the trip.

Most Read from Bloomberg Businessweek

HuffPost
Barron Trump Introduces Himself In Video With Donald Trump And People Have Same Reaction
Many viewers said the same thing when a clip emerged of Trump's youngest son talking to Dana White and others.
The Independent
Ukraine-Russia war latest: US plans avalanche of Kyiv military aid as Putin’s forces to use ‘any means’ to win
US committed to delivering hundreds of thousands of artillery rounds, thousands of rockets, and hundreds of armoured vehicles by mid-January
HuffPost
Trump And Trudeau's High-Stakes Dinner Spoke Volumes. Body Language Experts Reveal Why.
Experts examine a viral photo following the pair's meeting, plus other telling body language that came from the visit.
The Hill
Opinion - Trump’s tariff threats could open the door to China
The elephant in the room is China, the other nation Trump has vowed to hit with tariffs.
The Hill
House GOP set for tiniest vote margin possible: ‘We have nothing to spare’
House Republicans will have zero room for error in the 119th Congress — literally. Rep. John Duarte (R) conceded to Democrat Adam Gray in California’s 13th Congressional District on Tuesday night — the final uncalled House race of the 2024 cycle — solidifying the GOP’s 220-215 majority in the lower chamber. That slim edge is already one…
HuffPost UK
Blow For Putin As Russian Casualties On The Frontline Break Yet Another Bleak Record
There's a staggering difference between average daily losses in 2022 and 2024.
Euronews
Bahamian PM 'firmly rejects' Trump's proposal to take in deported migrants
The Bahamas has rejected a proposal from the US President-elect Donald Trump’s transition team to receive deported migrants as the former president looks to fulfil promises to ‘control immigration’.View on euronews
France 24
Russia will use 'any means' to defend itself, Lavrov tells Tucker Carlson
Russian Foreign Minister Sergei Lavrov, in an interview broadcast on Thursday, said the use of a hypersonic missile in the Ukraine war sought to make the West understand that Moscow was ready to use any means to ensure no "strategic defeat" would be inflicted on Moscow. Russian Foreign Minister Sergei Lavrov on Thursday said he hopes the West took "seriously" Moscow's recent use of a hypersonic missile in Ukraine, and warned that Russia was ready to use "any means" to defend itself.The United St
HuffPost
Kash Patel Threatens Legal Action Against Former White House Colleague For MSNBC Comments About Him
Olivia Troye said "Kash Patel is a delusional liar" and claimed it would be "insane" if he were to lead the FBI.
NewsWire
‘Insulting’: Albo spends $18k on flowers
The Prime Minister treated world leaders to a $40,000 performance at dinner adorned with $18,000 worth of flowers, new documents reveal.
Yahoo Finance Video
Elon Musk wants to ‘delete’ the CFPB. What that means for consumers.
Elon Musk is heading to Capitol Hill on Thursday to speak with lawmakers about the new Department of Government Efficiency (DOGE) being proposed by President-elect Donald Trump. One item on his chopping block is the Consumer Financial Protection Bureau (CFPB). Sheila Bair, former Chair of the FDIC (Federal Deposit Insurance Corporation) and former Assistant Secretary of the US Treasury for Financial Institutions, sits down with Market Domination's Julie Hyman and Josh Lipton to discuss the potential repercussions if Musk is given the authority to eliminate the CFPB. "It's a head-scratcher. You know, that budget's less than $700 million. That's like 0.01% of our $6.75 trillion federal budget," says Bair. "I think we've gotten very good bang for our buck when it comes to the CFPB. It was created to fill enormous regulatory gaps and consumer protections, which, frankly, were a key cause of the great financial crisis and the Great Recession that ensued since we've had the CFPB." Bair goes on to talk about the inception of the CFPB and the benefits the agency has provided for consumers:"They've created protections and enforced protections that weren't there before, about $20 billion they've recouped for consumers with various bad practices among certain industry lenders." Watch the video above to hear Bair's full take on Musk eliminating the CFPB. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Daniel A. Nelson
NewsWire
‘Outrage’: Albo ripped over Synagogue comments
A prominent Jewish commentator has been left outraged over the Prime Minister’s comments after the synagogue fire in Melbourne, calling out his “lack of leadership”.
The Independent
Melania Trump fans can have a private dinner with her. It could cost up to $2 million
Melania will attend a candlelit dinner with donors if their price is right
Reuters
Ukraine shows off new 'rocket-drone' in bid to boost long-range strikes
Ukraine showed off a new locally-produced "rocket-drone" on Friday which it said could fly 700 km (430 miles) - more than twice the longest range attributed to missiles supplied by Western allies. The unmanned craft, called "Peklo" - which means hell in Ukrainian - is the second such "rocket drone" unveiled by Kyiv as it tries to increase its ability to strike deep into Russia, which invaded 33 months ago. The drones could reach speeds of 700 kph, a representative from Ukraine's state arms manufacturer Ukroboronprom told reporters at a ceremony where they were officially handed over to the armed forces.
South China Morning Post
China and Japan face 'crisis' in ties as they fail to adapt to 'new reality': ex-PM Fukuda
Former Japanese prime minister Yasuo Fukuda has warned of a "crisis of dialogue, comprehensive understanding, and mutual trust" between Japan and China, urging leaders from the two nations to take decisive action. "In the past three years ... mutual understanding has declined further with goodwill towards each other plummeting," Fukuda said in a written speech at the annual Beijing-Tokyo Forum on Wednesday. "China and Japan are in a crisis of dialogue, comprehensive understanding, and mutual tru
HuffPost
'Wow!': Stephen Colbert Makes A 'Weird' Self-Discovery After Reading Trump Report
The "Late Show" host joked that he "didn't know" he was so close to the president-elect.
Yahoo Finance AU
$350 cost-of-living cash boost for thousands of Aussie households within days: 'Real support'
The Western Australian government has announced the second part of its electricity subsidy is kicking in from December 7.
HuffPost
Jim Jordan Claims Trump Has ‘Never Been About Retribution’ As White House Mulls Pardons
The White House is weighing the idea of preemptive pardons for people who may be on Trump's list of political enemies.
France 24
Macron blames alliance of 'extreme left and extreme right' for fall of French government
In a televised address on Thursday, French President Emmanuel Macron blamed an alliance of the far right and far left for the historic no-confidence vote that toppled the government a day earlier. Macron vowed to stay on until the end of his term in 2027 and said he will name a new prime minister in the coming days. French President Emmanuel Macron addressed the nation Thursday following the resignation of ousted Prime Minister Michel Barnier, a day after a historic no-confidence vote at the Nat
NewsWire
China’s astonishing Aussie trade ban call
China has removed its last remaining ban on two beef exporters, ending a raft of restrictions and sanctions on Australian products which totalled about $20bn.

Latest stories