Business
Janet Yellen on US Debt Ceiling, Banking System, China
US Treasury Secretary Janet Yellen discusses the need for Congress to act and raise the US debt ceiling, the strength of the US banking system, and her future at the Treasury. She speaks with Annmarie Hordern on “Bloomberg Markets: European Open.”
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Martha Gimbel, executive director and cofounder of the Budget Lab at Yale University, says artificial intelligence is unlikely to offset the economic challenges of an aging population, arguing the US is confronting two major transitions at the same time rather than one solving the other. She says AI could improve productivity in some areas, particularly by helping caregivers with physically demanding tasks, but questions whether consumers will embrace automation in roles where human interaction remains essential.
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“We believe Mexico is a really important milestone for our great brand as we continue to lean into our global strategy. It’s an important country for us, we recognize and admire the culinary heritage that is a part of the Mexican culture,” says Chipotle Mexican Grill CEO Scott Boatwright on the chain’s global expansion https://bloom.bg/4wKJnvc
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Delta Air Lines Chief Executive Officer Ed Bastian says higher fuel prices are not deterring travel. He says the carrier is actually seeing strong demand for premium, corporate and international travel. He also talks about how some customers are choosing a better seat on the plane over perks they could get in first class. He speaks to Bloomberg’s Lisa Abramowicz at Delta headquarters in Hapeville, Georgia on “Bloomberg Surveillance.”
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After SpaceX’s record-setting IPO, some investors like Danish pension fund AkademikerPension have already rejected the stock over what they call “catastrophic governance,” turning SpaceX into a test case for how much control public markets are willing to give founders https://bloom.bg/3EMZYZX
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Hungary’s parliamentary vote to amend the constitution crowns a frenetic period of legislative activity since Prime Minister Peter Magyar pledged to reincarnate democracy in the country. The result removed the president, set a limit of three parliamentary terms for legislators and sent allies of former PM Viktor Orban in top courts into retirement. Bloomberg’s Zoltan Simon reports.
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@KerriFromTX
January 16, 2024 at 10:51 am
She isn't qualified for her position.
@high_maintenance
January 16, 2024 at 10:51 am
“Look!…”
@jdupuis1378
January 16, 2024 at 10:51 am
Don't really understand why J.Yellen accepted this huge responsability as US Treasury Secretary. Fed keeps printing fake trillions US $ without any counter part since decades ago, all presidents since Nixon are fully responsible for the catastrophic situation of US finances. Were these presidents working for US benefit or following zionism agenda?
@leo3334
January 16, 2024 at 10:51 am
its the common people that are always screwed😂
@seymorefact4333
January 16, 2024 at 10:51 am
⚠️🇺🇸⚠️ China needs to tell the USA… Go home, YANKEE, and take your worthless Toilet Bills! China needs to DECOUPLE FROM THE two- face corrupt authoritarian USA regime IMMEDIATELY!
@philliphsieh83
January 16, 2024 at 10:51 am
Deadbeat
@philliphsieh83
January 16, 2024 at 10:51 am
Dead beat
@philliphsieh83
January 16, 2024 at 10:51 am
I support and will obey Janet Yellen!
@niallp342
January 16, 2024 at 10:51 am
JANET YELLING SALING 26 MILLION BARRELS OF THE AMERICAN OIL RESERVES, WILL NOT STOP WHAT'S COMING IN JUNE.!
SHE'S BETTER RUN AND HIDE FOR WHAT'S COMING FOR HER WILL BE HER END.!
@alexdeonversaagde
January 16, 2024 at 10:51 am
Look madam its over. The corporate US is finished. 😃
@yohannesaradom8656
January 16, 2024 at 10:51 am
I have seen in some of the websites Janet Yellen comment if President and Congress don't take necessary measures there will be catastrophic damages to the economy and treasury. I am not sure or if this statement is reasonable or not to give on the open to say it. She has to be part of the team to solve this issue and avoid saying such statement on the air.
@stevebaker7248
January 16, 2024 at 10:51 am
As long as we are ready for a crash, it won’t happen. Crashes only happen when you’re asleep.
@araara4746
January 16, 2024 at 10:51 am
The biggest problem for the US is that it feels BIGGEST and wants to rule the world, while the size of the US is built on debt.
This problem is exacerbated by the US mentality that they want to be the MOST POWERFUL, so they are busy dealing with other countries, while they are unable to deal domestic problems.
@jimmyyeo123
January 16, 2024 at 10:51 am
Years after years the US is facing the same problems !! This shows the US is so farked up with their financial management. Their debt ceiling goes up and up and someday it will be Kingdom Come for the US !
@yapkfmichael6231
January 16, 2024 at 10:51 am
Raise the debt ceiling again and print more money and let your next generations pay for it. This is nothing new.
@RichardBrett899
January 16, 2024 at 10:51 am
The US should introduce an upper limit age for its politicians.
@efazen
January 16, 2024 at 10:51 am
SHE IS JUST A "PRINT BOTTOM" ON BIDEN'S DESK
@efazen
January 16, 2024 at 10:51 am
retire and go away! you spent enough to pump the market make your friends rich
@acuantjahyadi7393
January 16, 2024 at 10:51 am
Yelen warna rambut kamu membawa sial , lekas warnai dgn warna hijau agar keberuntunganmu dapat mendekat.
@rarrafunfitness6230
January 16, 2024 at 10:51 am
On your knees Begging china but usa usa usa we number 1#
@achilles5197
January 16, 2024 at 10:51 am
WHERE ARE MY TAX DOLLARS ANS SOCIAL SECURITY MONEY I HAVE PAID!!!
@Compteabc-xm1rl
January 16, 2024 at 10:51 am
Why Westerners can forget the history of their ancestors? The West its Israel! Their father had dominated the countries of Asia Pacé that they supported the cause of Israel, and brought Christianity into African countries. today they prefer to support the Ishmaelite regimes, to the detriment of the Christian regimes, example: the Ivory Coast where the awakening was to come. They chased Laurent Gbagbo, who had won the elections Before the Eternal. But we know that sooner or later the countries of Asia and the countries of the Ishmaelites will form one to destroy the Western countries.
@kangta13
January 16, 2024 at 10:51 am
Stop spending you fkrs
@LOVE92031
January 16, 2024 at 10:51 am
This interviewer is not on Secretary Yellen's level.
@bradleyhasse5220
January 16, 2024 at 10:51 am
Janet yelling is a true OG
@user-ry2qs7xf9k
January 16, 2024 at 10:51 am
For Americans wondering why are they getting poorer simply it's because the whole World is going its own way leaving you with insanely high standards of living and a domestic economy that can't keep up so the Government's plan is to lower the standards of living without creating social unrest,it's like a controlled demolition,it's happening all over the World,just embrace it, WE ARE POORER,let's hope this doesn't cause WW3
@davidsalas9755
January 16, 2024 at 10:51 am
Shes following a script When the government tells you not to panic, thats when you panic and run.
@darnneljones6954
January 16, 2024 at 10:51 am
"Could Be Days" – Yellen Reiterates Warning Of June 1st 'X-Date' For Debt-Ceiling
The money should last until 01 June… barring another bank collapse. The United States would be in a difficult position if another such scenario occurs.
ישוע המשיח
@michaellunkin1270
January 16, 2024 at 10:51 am
She’s a liar, she says nothing, she said it was transitory, this is done on purpose.
@danielhutchinson6604
January 16, 2024 at 10:51 am
Wall Street appears to dislike this Currency Crisis, as much as LBJ disliked Mike Mansfield informing Him that the Treasury could not support a War on Poverty, after the expense of funding the failed attempt to cling to a Colony in Southeast Asia.
The similarities are evident, the solutions are limited.
@yauyh88
January 16, 2024 at 10:51 am
If you are a borrower who can't pay your loan from your income and is going to a bank to ask for another loan in order to just pay off the interest on the earlier loan, the bank is NOT going to give you more loans. It's unbelievable that Americans still believe that they can raise the debt limit and expect people to still lend money to the US? US will be swimming in worthless US dollars in time to come as it would be buying less and less real products. All these have nothing to do with any other countries. Stop blaming others
@tomharrison1849
January 16, 2024 at 10:51 am
Is this a robot?
@rajkumarvelupillai1447
January 16, 2024 at 10:51 am
The debt ceiling was raised 74 times from March 1962 and never reduced. So, continue the "proud" legacy. 🥲
@ExtremeForever
January 16, 2024 at 10:51 am
We gotta stop letting people from Senior home care running this country. Just because they got a bunch of gray hair doesn't mean they are wise.
@blacklightfamilycircle4425
January 16, 2024 at 10:51 am
She sounds like Fauci … 🤦🏾🤦🏾😂😂