Category: dark money

Yellen Convenes Meeting to Probe GameStop Volatility and Ensure ‘Markets are Functioning Properly’

February 4, 2021
Businesscampaigncongressdark moneyEconomieseconomyInvestmentJanet YellenMarketsPoliticsUSUS News
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Treasury Secretary Janet Yellen said she will hold a meeting Thursday with top financial market regulators to discuss recent trading volatility that saw shares like GameStop soar, fueled by online communities seeking to build buying momentum and profit from heavily shorted stocks. “We really need to make sure that our financial markets are functioning properly,…

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Senators Urge Treasury Secretary to Curb Dark Money Campaign Spending

February 3, 2021
campaigncongressdark moneyJanet YellenPoliticsUSUS News
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Sens. Elizabeth Warren (D-Mass.) and Sheldon Whitehouse (D-R.I.) urged Treasury Secretary Janet Yellen to crack down on dark money spending in political campaigns. In a letter to Yellen (pdf), the two senators argued for the Treasury Department and the Internal Revenue Service (IRS) to impose curbs on campaign spending by nonprofit organizations formed as 501(c)(4)…

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