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Secretary Janet Yellen (Archived)

@SecYellen360k followers

This is an archive of an account for the 78th Secretary of the Treasury, Janet L. Yellen

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1Jan 19, '24I just received a demo of the upcoming IRS Direct File tool. The IRS has built an impressive product that will give taxpayers a secure option to file their taxes online for free. T49.7×3.1M10k1.5k462
2Oct 31, '24A frank and productive exchange of views with my counterpart on key issues like expanding the global supply of candy and toys and tightening sanctions against chores.40.6×2.6M63k6.5k1.9k
3Jul 18, '23I met with Turkish Minister of Treasury and Finance Mehmet Şimşek and Central Bank of the Republic of Türkiye Governor Hafize Gaye Erkan where we discussed Türkiye's economic outlo39.1×2.5M2.5k26138
4Nov 30, '20We face great challenges as a country right now. To recover, we must restore the American dream—a society where each person can rise to their potential and dream even bigger for th38.7×049k5.6k139
5Nov 15, '23I was glad to welcome President Xi Jinping to California for his meeting with @POTUS and APEC Economic Leaders Week.36.7×2.3M5.9k713180
6May 22, '23The U.S. has kept its financial commitments since 1789 by paying its bills on time. Congress has prevented default 78 times. It’s essential they do so again.33×2.1M3.4k96861
7Jan 26, '21Economics isn’t just something you find in a textbook. It can be a potent tool to right past wrongs and improve people’s lives. That’s why so many of Treasury’s 84,000 public serva23.8×030k3.7k165
8Feb 27, '23Following @POTUS’s visit to Ukraine, I'm in Kyiv to reaffirm our unwavering commitment to Ukraine, discuss ways we can continue our support – including through economic assistance 15.9×1M7.2k1k27
9Nov 7, '23I joined @SecDef, @SecBlinken, and @PowerUSAID in a letter urging Congress to fully support @POTUS’ request to sustain our direct budget support to Ukraine, which plays a critical 15.1×954k1.3k33320
10Jan 31, '21Thank you @HamiltonMusical for including me in your narrative. I promise to bring Alexander’s (non-stop) work ethic to the room where it happens.14.8×021k1.8k126
11Jan 25, '24Despite the predictions of many forecasters, there wasn’t a recession in 2023. Instead, inflation has come down significantly and we’ve maintained a healthy labor market. The unemp13.6×856k5.2k1.7k152
12Dec 1, '20The Treasury Department must be an institution that wakes up every morning thinking about the American people. Your jobs, your paychecks. Your struggles, your hopes. Your dignity. 10.6×013k1.6k68
13Jan 31, '21The President is absolutely right: The benefits of acting now — and acting big — will far outweigh the costs in the long run.10.4×012k2.4k39
14Jan 20, '25I am deeply grateful for the opportunity to have served as the 78th Secretary of the @USTreasury. It has been one of the greatest honors of my career to work alongside such dedicat9.2×584k15k1.1k201
15Jul 11, '22Today in Tokyo, I had the honor of paying my respects to Prime Minister Abe Shinzo alongside @USAmbJapan Emanuel. Abe was a visionary leader for Japan and for the world. His legacy8.9×011k2k109
16Sep 9, '22We are looking at every tool we have to make our economy more productive.8.9×012k838232
17Jan 9, '21One thing is clear from the jobs report: We need to invest in small businesses. Not only will they be at the center of the recovery, they have been the hardest hit. We recognize th8.6×09.6k1.5k68
18Jan 27, '22In 2021 Q4, real GDP jumped 6.9% at an annual rate, and GDP rose 5.5% in 2021—the strongest pace in 37 years.7.2×07.5k2k53
19Feb 6, '23America has paid all of its bills on time since 1789, and not doing so would produce an economic and financial catastrophe. Every responsible member of Congress must agree to raise7.1×450k1.5k42946
20Mar 31, '21When I first came to Washington in the early 1990s, 31 million women had joined the labor force since the time I left college in 1968. A higher percentage of US women worked than o6.7×07.2k1.6k132
21Feb 29, '24I met with Minister Mehmet Şimşek to discuss how Türkiye and the United States can work together to address crucial regional issues. I also stressed the enduring importance of our 6.6×420k1.7k16937
22May 9, '23As every Treasury secretary has known, the only option that leaves our economy in good shape is raising the debt ceiling. Congress must stand behind the basic principle that Americ6.6×419k1.1k40533
23Dec 7, '20Our mission is to restore economic prosperity and financial stability. We’ll do that by pursuing an investment agenda to rebuild our infrastructure, create better jobs, advance rac6.5×07.4k1.1k59
24Jul 21, '24I’m proud of the work the Biden-Harris Administration has done over 3.5 years on behalf of the American people to create 15 million new jobs, lower costs and deliver strong economi6.2×391k2.3k29639
25Dec 31, '20The challenges we’re facing are unprecedented, and addressing the economic and public health crisis will require bold action. As we look to the new year, I want the American people5.8×06.8k88621
26Jul 8, '22Our economy has recovered all of the private sector jobs lost during the pandemic, with 372,000 jobs added in June and nearly 9 million jobs added since President Biden took office5.7×06.3k1.6k22
27Feb 27, '21As an economist— and an American— I applaud the House’s favorable vote on the American Rescue Plan. There’s a broad consensus among economists: People need more help putting food o5.6×06.6k1.1k29
28Jul 26, '24I met with Argentine Finance Minister @LuisCaputoAR to discuss Argentina’s progress on disinflation and efforts to support the most vulnerable.5.5×346k2.2k22324
29Jul 30, '24Stopped by @JimsSouthStreet (Whiz wit) this afternoon! Great to discuss @POTUS’ and @VP’s economic agenda over a cheesesteak.5.3×334k2.5k305104
30Nov 18, '21The combination of CBO & JCT’s scores over the last week and Treasury analysis make it clear that Build Back Better is fully paid for, and in fact will reduce our nation’s debt5.2×04.8k1.6k61
31Nov 1, '21It’s a Beautiful Day.5.2×07.3k45334
32Apr 7, '24Today I toured the Forbidden City in Beijing. As China’s capital city, Beijing has a rich history, and a particular importance in the Chinese economy and economic future.5.1×323k1.6k22464
33May 6, '22April’s jobs report is a strong sign for our recovery — the economy created 428k jobs & the unemployment rate is near a 50 year low. Our labor market is recovering far quicker 4.8×04.7k1.3k7
34Jun 5, '21The G7 Finance Ministers have made a significant, unprecedented commitment today that provides tremendous momentum towards achieving a robust global minimum tax at a rate of at lea4.7×04.6k1.1k67
36Apr 4, '24Today, I’m heading to China — first to Guangzhou and then to Beijing — to engage with my counterparts, American business leaders, and others to advance America’s economic and natio4.6×293k1.2k22346
37Mar 30, '21I took my first economics course around 1963. Since then, our country has endured at least 5 major economic crises. Each of these crises was very different but they all shared at l4.4×04.6k864116
38Apr 7, '21By choosing to compete on taxes, we’ve neglected to compete on the skill of our workers and the strength of our infrastructure. It’s a self-defeating competition, and neither Presi4.2×04k1k76
39Feb 2, '21February is #BlackHistoryMonth & I want to be sure that we don't forget about Black economic history. We talk a lot about widening inequality in this country, but less about ho3.7×04k99433
40Jun 2, '23Pleased that, under @POTUS leadership, Congress has passed bipartisan legislation to suspend the debt limit. This protects the full faith and credit of the U.S. and preserves our f3.4×215k4.5k98621
41Jul 17, '23It was great to meet with India’s Minister of Finance Nirmala Sitharaman to discuss our deep bilateral relationship and the need for concrete progress on global challenges at the G3.3×206k3.6k3048
42Jan 6, '23Today’s jobs report is further evidence of a strong labor market with broad-based employment gains, increased labor force participation, and the lowest unemployment rate in over a 2.9×184k1.4k22611
43Jul 30, '24Good morning! I’m heading to Pennsylvania this morning to join @GovernorShapiro, @RepBrendanBoyle, and @RepMGS to announce that Pennsylvania will offer @IRSNews Direct File to its 2.8×179k2.2k36742
44Apr 1, '21For the past 40 years, the fed gov’t has gradually shrunk investment in public goods, infrastructure, & research. The slow decline undermined broad-based growth & productiv2.8×03k77529
45Mar 18, '21From the window at Treasury, I can see the flag at the White House is lowered to half-staff now. It’s heartbreaking. Asian-Americans are suffering a rising tide of hate and violenc2.8×03.7k4698
46Mar 6, '21The Senate took a critical step today. With the economy down 9.5 million jobs since February 2020, it could be 2 years before the labor market simply reaches its pre-pandemic level2.8×03.2k60016
47Apr 15, '24Thanks to @POTUS's Inflation Reduction Act, the IRS is delivering. This Filing Season, the IRS has answered 9/10 calls with 3-minute average wait times. Prior to the IRA, fewer tha2.7×170k2.1k49937
48Oct 30, '21Today, every G20 head of state endorsed an historic agreement on new int’l tax rules, including a global min tax that will end the damaging race to the bottom on corporate taxation2.5×02.7k58323
49Jul 16, '23Today, I was proud to join World Bank President Ajay Banga to tour a site supported by the Bank that helps coordinate and better deliver primary education for millions of students 2.4×152k1.5k15810
50Feb 27, '23When Putin launched his brutal assault on Ukraine, some believed that Russia would secure a quick and decisive victory over Kyiv. A year later, Putin’s war has been a strategic fai2.4×149k1.7k2507
51Jan 27, '21Today we remember the 6 million Jews who were murdered during the Holocaust, but we also remember why: Anti-Semitism. Bigotry. Those who were complicit in their silence. The fight 2.3×02.8k4593
52May 18, '21Anyone observing the United States in recent years would see striking contrasts across our economic landscape. It is understandable that many Americans feel left behind. More and m2.3×01.8k482148
53Jul 11, '24Thanks to @POTUS’s Inflation Reduction Act, the IRS has collected more than $1 billion from wealthy earners who haven’t paid overdue tax bills. This is one of many efforts to incre2.2×138k4k1.7k77
54Dec 10, '24Today, @USTreasury is announcing the disbursement of $20 billion to benefit Ukraine as part of the $50 billion G7 Extraordinary Revenue Acceleration Loans Initiative. These funds a2.1×131k2.1k68868
56Jul 1, '21Today is an historic day for economic diplomacy. For decades, the United States has participated in a self-defeating international tax competition, lowering our corporate tax rates1.9×01.8k45762
57May 7, '23As I said this morning, President Biden has presented a detailed budget that does cut deficits by $3 trillion over ten years while investing in the strength of the American economy1.9×118k1.6k75030
58Dec 3, '20We have a lot to do, and I can't wait to get started.1.9×02.5k2128
59Sep 3, '21We are on the verge of a historic deal to end the race to the bottom on corporate taxes. A global deal will level the playing field for U.S. companies and provide the resources to 1.8×01.9k37931
60Sep 30, '22We will not stand by as Putin fraudulently attempts to annex parts of Ukraine. The U.S. is taking sweeping action today to further weaken Russia’s already degraded military industr1.8×01.8k51915
61Jan 29, '21We need to act big & act now to help people make it to the other side of the pandemic. The American Rescue Plan has small business in mind— I enjoyed discussing it with a panel1.7×01.9k3256
62Mar 11, '22The American Rescue Plan was signed into law by @POTUS one year ago today. It has loosened the pandemic’s grip on our country in countless ways & put us on a path of strong &am1.7×02.1k3184
63Sep 8, '23I joined India’s Minister of Finance Nirmala Sitharaman for a discussion on multilateral development bank evolution, debt, and IMF quota reform, as well as our deep bilateral econo1.7×108k2k2437
64Jul 15, '21For the first time in our nation's history, American working families are receiving monthly tax relief payments to help pay for essentials. This major middle-class tax relief and s1.7×01.6k40910
65May 16, '22Thank you @chefjoseandres for all that you do. Your team at @WCKitchen Warsaw is heroic and I was privileged to get to see their work today. We stand with you as a true partner to 1.6×02.3k2076
67Feb 29, '24I met with Minister Luis Caputo of Argentina to discuss the Milei Administration’s important steps to stabilize Argentina’s economy, and the importance of protecting vulnerable Arg1.6×100k1.3k19114
68Mar 10, '21Upon taking office, I worried that many families would be haunted by the COVID economy long after the health emergency was over. But now, with the passage of the American Rescue Pl1.6×01.7k2874
70Nov 20, '21Happy Birthday @POTUS1.6×02.2k1266
71Mar 9, '21While I’ve been enjoying Twitter’s (very) free exchange of ideas, 280 characters often isn’t enough to capture complex ideas about the economy. Follow me on Medium to read longer s1.5×01.8k23652
72Apr 28, '22Today, we honor the lives of the millions of Jews and many others who were killed in the Holocaust. May their memory guide us toward a better future, and remind us to reject hate a1.5×02.1k1712
73Feb 5, '21.@ClimateEnvoy — Climate Change is not just an environmental issue, it is an economic issue. All the smartest economists agree on this: The cost of fighting climate change now is n1.5×01.3k39511
74Jul 28, '24New data showed the U.S. economy grew 2.8% in the second quarter of 2024, affirming that we’re on a path of steady growth and declining inflation. This didn’t happen by accident—Am1.4×90k1.3k57336
75Sep 27, '22I gave my first speech warning about the economic dangers of a warming planet almost 25 years ago. As the dangers continue today, I am happy to report the Biden economic agenda rep1.4×01.4k3279
76Dec 7, '21Wonderful to meet with @Malala today to discuss education, empowerment, and investment in women and girls around the globe. Her courage and vision should inspire us all to continue1.4×02k1429
77Feb 6, '21We know what economic crises do. They hit people of color harder & longer. They push our country away from our values, towards more inequality. The current crisis will do this 1.4×01.6k2488
78Nov 4, '22The economy continues to grow and add jobs, thanks to @POTUS’s economic plan. With 261,000 jobs added last month, today’s report shows steady and broad-based job growth across the 1.4×01.3k3534
79Jan 30, '21.@cafreeland It was wonderful to speak with you yesterday. The first of many conversations. I look forward to working with you & Canada on confronting this pandemic, climate ch1.3×01.6k2359
80Jul 29, '21Today’s GDP numbers are a welcome milestone. The American economy is now above its pre-pandemic level. This was not destined to happen. Our recovery is the result of smart policy c1.3×01.3k2669
83Mar 5, '21Today is National Employee Day. It’s not a day that receives much attention most years, but after 2020, I think we should start thinking about it a little differently...1.2×01.4k2544
85Nov 4, '21The investments & revenue provisions of the Build Back Better package would raise over $2 trillion in offsets over 10 years & reduce deficits over the long term. Congress h1.1×01k3388
86Oct 25, '22Congratulations to @RishiSunak on becoming Prime Minister. When he was Chancellor, we worked together to advance priorities on international tax, implementing sanctions on Russia, 1.1×01.5k12311
87Jul 25, '241/ Driven by the United States’ remarkable economic performance, the global economy remains strong today.1.1×68k1.2k28621
88Mar 25, '21My warmest congratulations to Wally Adeyemo, our new Deputy Secretary of the Treasury. Wally is everything @USTreasury needs right now: he’s spent his career working at the interse1.1×01.4k16110
90Feb 27, '23People who stand up with courage have the capacity to shape the course of history. Ukraine has been writing the next chapter of its history with a heroic fight for freedom. I laid 1.0×63k1.2k1684
91Apr 22, '21Climate change is an existential risk to our future economy & way of life. I look forward to joining @POTUS's #LeadersClimateSummit today, an important place to spend #EarthDay1.0×01.1k1845
92Dec 15, '20Our first step to rebuilding our economy is defeating this virus. Please heed the advice of these experts – wear a mask, socially distance, be safe. It will take all of us to move 1.0×01.1k1603
94Sep 8, '22I’ve heard laments of the days when America built and America innovated. The Biden economic plan provides significant investments in the capacity of the American economy to do just0.9×01k2164
95Dec 20, '20Ady, thank you for inviting me to this conversation—and for being an advocate for so many.0.9×01.2k1187
97Dec 25, '21Sending my best wishes for joy, peace, rest, and reflection this holiday season, and a Merry Christmas to families celebrating today.0.9×01.2k781
98Nov 3, '23Cutting funding for tax enforcement will only benefit wealthy tax cheats and corporations that aren’t paying what they owe, and it will raise the deficit. Tying those cuts to criti0.9×55k99644315

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