Supply chain and hiring challenges contribute to higher prices. A report released Thursday by the Department of Labor revealed that consumer prices increased 5 percent for the year…
Read MoreTreasury Secretary Yellen
G7 Nations Agree to 15% Global Tax
Announcement was made by U.S. Treasury Secretary Yellen, a proponent of the tax. The Group of Seven (G7) nations have committed to moving toward a 15% global minimum…
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Treasury Secretary Hints at Interest Increases
Expects the Federal Reserve to maintain economic stability. On Tuesday, Secretary of the Treasury Janet Yellen indicated that national interest rates might have to increase due to the…
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Corporate Tax Plan Unveiled
It would pay $2 trillion toward spending packages. On Wednesday, Treasury Secretary Janet Yellen introduced a plan to pay for the president’s $2 trillion spending package by raising…
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Secretary Yellen Calls for Global Corporate Tax
Goal is prevention of foreign tax havens. In her first major address as Secretary of the Treasury, Janet Yellen on Monday urged a global minimum tax on corporations…
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Major Federal Tax Hike Coming
First major tax increase since Clinton in 1993. President Joe Biden is planning a tax hike to help pay for the long-term economic program designed as a follow-up…
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Treasury Secretary Virtually Attends G7 Finance Meeting
Provides assurance of U.S. commitment to international support for allies. On Friday, Treasury Secretary Janet Yellen virtually attended the G7 finance meeting with international finance ministers and central…
Read MoreJanet Yellen Confirmed as Treasury Secretary
Brings previous experience from Federal Reserve and Economic Council. On Monday evening, the Senate voted to confirm Janet Yellen as the nation’s first woman to serve as Treasury…
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