Lawmakers grill Treasury Secretary Janet Yellen. She says a global tax plan will benefit American workers and companies. But some say the opposite will happen. President Joe Biden proposes a new economic partnership between the U.S. and Latin America. Find out why presidents of many Latin American countries decided to boycott the U.S. hosted Summit…
Trumps Agree to Testify in NY Business Probe; China Advances into Latin America Through Trade | NTD News Today
LIVE: Yellen Faces Grilling in Congress Over ‘Wrong’ Inflation Forecast
Treasury Secretary Janet Yellen faces a gauntlet of tough questions about her inflation views as she testifies before the Senate Finance Committee on Biden’s 2023 budget. Yellen recently admitted that her past views on how inflation in the United States would progress were faulty. * Click the “Save” button below the video to access it…
Janet Yellen Says the Right Things—Can the Right Policy Follow?
April 15, 2022
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News Analysis U.S. Treasury Secretary Janet Yellen recently admonished China for its refusal to condemn Russia over the Ukraine invasion. “China cannot expect the global community to respect its appeals to the principles of sovereignty and territorial integrity in the future if it does not respect these principles now when it counts,” said Yellen at…
Yellen Says Suspension of Federal Gas Tax on Table to Ease High Costs at Pump
Temporarily suspending the federal gas tax is among the options being considered to provide relief to American consumers as inflation is expected to remain “uncomfortably high” throughout the year, U.S. Treasury Secretary Janet Yellen said on Friday. “We’re looking at a range of things that we might do to relieve consumers. The gas tax is…
G7 Will Seek to Seize Assets of Key Russian Elites: Yellen
BERLIN/WASHINGTON—The Group of Seven (G7) major economies will convene a task force to focus on freezing and seizing assets of key Russian elites as it aims to put further pressure on Russia after its invasion of Ukraine, U.S. Treasury Secretary Janet Yellen said on Tuesday. The move “will inflict financial pain on the powerful individuals…
LIVE: Powell, Yellen Testify to Senate Banking Committee
Federal Reserve Chair Jerome Powell and Treasury Secretary Janet Yellen testify before a Senate Banking Committee hybrid hearing, “CARES Act Oversight of Treasury and the Federal Reserve: Building a Resilient Economy.”
Capitol Report (Oct. 27): Secretary Yellen: Fed Could Tax Unrealized Capital Gains
A group of parents spoke out Wednesday at the National School Boards Association headquarters. They’re pushing back against being labeled as “domestic terrorists” for having a voice in what is being taught at their children’s schools. With coronavirus vaccines slated to be approved for children between the ages of 5 and 11, it has many…
Yellen Backs Down on IRS Snooping on Americans’ Bank Accounts
Secretary of the Treasury Janet Yellen has relented in response to backlash over a controversial proposal by Democrats that would have allowed the IRS to gain information from any American bank account with more than $600 of activity in a year. The measure initially came to light as a part of Democrats’ $3.5 trillion reconciliation…
Republicans Push Back as Yellen Defends IRS Snooping Into Bank Accounts
October 14, 2021
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Secretary of the Treasury Janet Yellen defended Democrats’ plan to allow the Internal Revenue Service (IRS) to retrieve Americans’ personal information from their banks, a plan that Republicans have decried since news of it became public. Since the introduction of their reconciliation bill, Democrats have insisted that the bill will not add to the debt…
Yellen: Too Soon to Say If Changes Needed to Address Market Volatility
WASHINGTON—U.S. Treasury Secretary Janet Yellen said on Sunday that it is too soon to say whether new policies or regulations are needed to deal with recent market volatility. “We really need to understand exactly what happened and the Securities and Exchange Commission (SEC) is working hard to assemble a report that gives us the facts,…
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