Fatima Hussein

Stay informed with Fatima Hussein’s coverage and analysis for Fortune.

Page 12 of 14

  • Barack Obama and Janet YellenFinance

    Janet Yellen called up Hank Paulson with the banking system on the brink. ‘It’s really hard to stop or even slow down a bank run,’ he said.

    By Fatima Hussein and The Associated Press
  • Janet Yellen, US Treasury secretary, speaks during a Senate Finance Committee hearingFinance

    Janet Yellen tries to project calm after bank failures: ‘The situation is stabilizing’

    By Fatima Hussein and The Associated Press
  • Janet YellenFinance

    Janet Yellen insists the banking system ‘remains sound’ days after 2 of the 3 largest bank failures in American history

    By Fatima Hussein and The Associated Press
  • Jerome PowellFinance

    ‘It’s inexplicable’: Critic rips Fed for missing SVB risk with Wall Street ‘publicly screaming about these very issues for many, many months’

    By Christopher Rugaber, Fatima Hussein, and others
  • U.S. President Joe Biden delivers remarks on stageFinance

    Joe Biden’s ability to avert SVB contagion will test his claim that his administration represents competence in contrast to Trump’s chaos

    By Seung Min Kim, Fatima Hussein, and others
  • Andrew Adams, director of the Justice Department’s KleptoCapture task force, designed to enforce the economic restrictions imposed on Russia and its billionaires, speaks to the Associated Press in an interview at the AP bureau in Washington, Wednesday, March 1, 2023. (AP Photo/Andrew Harnik)Finance

    U.S. turns up its economic war on Russian oligarchs with harsher tools

    By Fatima Hussein and The Associated Press
  • FILE – Daniel Werfel testifies before the Senate Finance Committee during his confirmation hearing to be the Internal Revenue Service Commissioner, Wednesday, Feb. 15, 2023, on Capitol Hill in Washington. (AP Photo/Mariam Zuhaib, File)Finance

    The Senate just confirmed a new IRS chief who promised to lay off audits for households making less than $400,000 a year

    By Fatima Hussein and The Associated Press
  • UNITED STATES – MARCH 6: President Joe Biden speaks during the International Association of Fire Fighters 2023 Legislative Conference at the Hyatt Regency on Capitol Hill on Monday, March 6, 2023. (Tom Williams/CQ-Roll Call, Inc via Getty Images)Politics

    White House ratchets up fight against ‘abusive’ junk fees on everything from airline tickets to credit cards

    By Fatima Hussein and The Associated Press
  • St. Basil’s cathedral, Red Square, Russia.Finance

    America just dropped new sanctions on Russia on the 1-year anniversary of the Ukraine invasion: ‘We will stand with Ukraine for as long as it takes’

    By Fatima Hussein and The Associated Press
  • FILE – MasterCard CEO Ajay Banga speaks to reporters in New York, April 6, 2011. Former Mastercard CEO Ajay Banga has been nominated by the U.S. to lead the World Bank, President Joe Biden announced on Thursday morning. The news comes days after Trump-appointee David Malpass announced plans to step down from his role leading the 189-nation agency. (AP Photo/Seth Wenig, File)Finance

    Biden just named the former Mastercard CEO as his pick to lead the World Bank, the first Indian-born nominee

    By Fatima Hussein and The Associated Press
  • FILE – President Vladimir Putin speaks in his annual televised New Year’s message after a ceremony during a visit to the headquarters of the Southern Military District, at an unknown location in Russia, Dec. 31, 2022. American and allied sanctions and export controls are constraining Russia’s ability to wage war on Ukraine by degrading its military, a top Treasury Department official says. (Mikhail Klimentyev, Sputnik, Kremlin Pool Photo via AP, File)Finance

    A top US official says sanctions have ‘degraded’ Russia’s ability to wage war and undercut its ‘military-industrial complex’

    By Fatima Hussein and The Associated Press
  • Daniel WerfelPolitics

    Republicans and Democrats agree: IRS commish is one of the worst jobs in DC

    By Fatima Hussein and The Associated Press
  • The Georgia-Pacific pulp and paper mill.Politics

    Forget about the economy improving this year. Higher unemployment and stagnation are likely, Congressional Budget Office says

    By Fatima Hussein, Josh Boak, and others
  • FILE – Then-acting IRS Commissioner Danny Werfel prepares to testify on Capitol Hill in Washington, June 27, 2013, before the House Ways and Means Committee hearing. Werfel has been nominated to take over the agency, which is struggling with outdated technology and a mountain of vital responsibilities, including U.S. tax law enforcement and collection. Werfel’s Senate confirmation hearing is set for Wednesday, Feb. 15. (AP Photo/J. Scott Applewhite, File)Personal Finance

    IRS commissioner nominee commits to not increasing tax audits on those making less than $400,000

    By Fatima Hussein and The Associated Press
  • President Joe Biden speaks at the National Association of Counties 2023 Legislative Conference in Washington, Tuesday, Feb. 14, 2023. (AP Photo/Susan Walsh)Politics

    President Biden warns there will be ‘catastrophic’ consequences if America defaults on its debt—And it’s bad if it even comes close

    By Fatima Hussein, Chris Megerian, and others