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Treasury

Chinese smartphone maker Xiaomi files legal complaint against US ban

HONG KONG: Chinese smartphone maker Xiaomi Corp said that its legal complaint against the US Department of Defense and the Treasury Department was to protect the company’s interests. The company filed a complaint in a Washington district court on Friday

Janet Yellen confirmed as first female US Treasury secretary

WASHINGTON: The US Senate has voted by a wide margin to confirm Janet Yellen as the first woman to lead the Treasury Department. Yellen was the first woman to lead the Federal Reserve, from 2014 to 2018, and previously the

Biden nominates Yellen to lead economic team

WASHINGTON: United States President-elect Joe Biden announced that he will nominate former Federal Reserve chair Janet Yellen to lead the Treasury Department. Biden rolled out his economic team comprising officials who would break racial and gender barriers in the US