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Global minimum tax on corporations likely to be included in reconciliation bill, Yellen says
SUNDAY, OCTOBER 10, 2021
Treasury Secretary Janet Yellen said she is confident that Congress will include provisions for a global minimum tax on corporate profits in reconciliation legislation, days after the United States and 135 other nations endorsed the levy to combat tax-cutting.
Treasury Secretary Yellen says debt ceiling should be permanently abolished
FRIDAY, OCTOBER 01, 2021
WASHINGTON - Treasury Secretary Janet Yellen on Thursday said lawmakers should abolish the legal limit on how much treasury can borrow to meet the federal governments payment obligations, pushing lawmakers to eliminate the potential threat of a U.S. default.
Janet Yellen faces climate test as environmentalists push for more aggressive financial action
SUNDAY, SEPTEMBER 19, 2021
WASHINGTON - While President Joe Biden has called climate change a "code red" crisis, his treasury secretary is poised to resist calls to ask financial regulators to rein in lending to the nations worst greenhouse-gas emitters.
Yellen says inflation could reach 3% this year as recovery continues
SUNDAY, JUNE 06, 2021
WASHINGTON - Treasury Secretary Janet Yellen said Saturday that inflation could climb as high as 3% this year as the economy recovers from the depths of the covid recession.
Yellen declares end to Trump's global retreat, eyes tax deal
TUESDAY, APRIL 06, 2021
Treasury Secretary Janet Yellen outlined the case for a harmonized corporate tax rate across the world's major economies, part of an effort to restore global leadership and credibility with U.S. allies following the unilateralist approach of the Trump era.
Yellen warns that slow vaccine rollout in poor countries poses threat to U.S., global economies
TUESDAY, APRIL 06, 2021
WASHINGTON - Treasury Secretary Janet Yellen on Monday called for speeding up the distribution of the coronavirus vaccine in poorer nations, arguing the U.S. and global economies are threatened by the impact of covid-19 on the developing world.
Yellen pushes global minimum tax as White House eyes new spending plan
TUESDAY, MARCH 16, 2021
WASHINGTON - Treasury Secretary Janet Yellen is working with her counterparts worldwide to forge an agreement on a global minimum tax on multinational corporations, as the White House looks for revenue to help pay for President Joe Biden's domestic agenda.
Yellen says stimulus unlikely to cause inflation problem
TUESDAY, MARCH 09, 2021
Treasury Secretary Janet Yellen dismissed fears that President Joe Biden's $1.9 trillion pandemic-relief bill is so big that it will cause an inflation problem as she seeks to push the recovery deeper into the U.S. labor market to address long-standing economic disparities.
Yellen seeks debt transparency as IMF eyes expanded firepower
FRIDAY, FEBRUARY 26, 2021
U.S. Treasury Secretary Janet Yellen called for greater transparency around the use of International Monetary Fund resources and on existing stocks of debt as global finance chiefs consider an expansion in the IMF's lending firepower.
Yellen takes charge at Treasury with economic rebound weakening
WEDNESDAY, JANUARY 27, 2021
Janet Yellen won confirmation to become U.S. treasury secretary, building out President Joe Biden's team as the administration struggles to win bipartisan support for a $1.9 trillion covid-19 relief plan for shoring up a weakening economic recovery.
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