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The Latest Breaking News from Janet Yellen

Treasury recovers $1.3 billion in unpaid taxes from high wealth tax dodgers

The IRS has collected $1.3 billion from high wealth tax dodgers since last fall, the agency says, crediting spending that has ramped up collection enforcement through President Joe Biden's signature climate, health care and tax package signed into law in 2022

The Independent UK

Harris Attacks Trump for a Foreign Policy Proposal Backed by Her Own Advisors

Donald Trump believes that endless sanctions on Russia and Iran have serious downsides. So do Kamala Harris’ advisers.

Reason

US Treasury Secretary Yellen Optimistic About Job Market Strength

US Treasury Secretary Janet Yellen expresses confidence in America's job market, highlighting signs of improvement and low unemployment rate.

Top News

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Treasury Secretary Janet Yellen Terms Labor Market As 'Healthy' Despite Tepid Data

Treasury Secretary Janet Yellen said that the labor market is "healthy" despite recent labor market data which showed weakness.

International Business Times

Yellen says ending Biden tax incentives would be 'historic mistake' for states like North Carolina

Treasury Secretary Janet Yellen is warns voters in the battleground state of North Carolina that they could lose jobs if Republicans weaken a signature Biden administration law that encourages investments in manufacturing and clean energy

The Independent UK

How Regulations Affect The $171 Billion Stablecoin Market

Stablecoins play a key role in the broader crypto market's growth, and while the segment is expected to keep expanding, there are also concerns about how the multi-billion-dollar crypto sub-sector will be affected by emerging regulations.

International Business Times

Yellen Warns Of Job Losses In North Carolina

Treasury Secretary Yellen warns North Carolina voters of job losses if IRA provisions are weakened. Debate over tax incentives continues between Democrats ...

Top News

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US Accuses Russia's RT News Outlet Of Election Interference

The United States indicted two employees of Russia's RT and imposed sanctions on top editors of the state-funded news outlet on Wednesday, accusing them of seeking to influence the 2024 US presidential election.

International Business Times

MAGA ally James Comer hints at subpoenaing Janet Yellen over pro-Palestinian protest funding records

The lawmaker is seeking information on whether there are "suspicious activity reports" related to organizations leading protests across the country

Latin Times

Fact-checking Day 2 of the Democratic National Convention - Roll Call

Fact checking the second night of the 2024 Democratic National Convention

Roll Call

Amazon countries are stepping-up measures to counter illicit financing of nature crime

With the announcement by the US of a new initiative to counter the illicit financing of environment crime in the Amazon, there are signs the issue is finally an international priority. US Treasury Secretary Janet Yellen launched the Amazon Regional Initiative Against Illicit Finance last month with the stated aim…

The Conversation

Trump's demand for influence over the Fed conjures comparisons to Nixon

Nixon's Fed chair Arthur Burns is viewed by many as the worst in the institution's history for failing to stand up to the White House.

Fortune

Vice President Kamala Harris' Economic Views And Policy Priorities

Explore Vice President Kamala Harris's economic platform, focusing on middle-class support, accountability, and pragmatic policies.

Top News

Russia-Ukraine war: List of key events, day 882

As the war enters its 882nd day, these are the main developments.

Al Jazeera

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International Business Times

US Sees No Need For Global Deal To Tax Super-rich: Yellen

The United States sees no need to negotiate an international agreement on taxing the super-wealthy, Treasury Secretary Janet Yellen said Thursday on the sideline of a G20 finance ministers' meeting.

The Independent UK

Finance ministers of the Group of 20 in Brazil discuss tax on super-rich

Finance ministers from leading rich and developing nations have gathered in Rio de Janeiro for a two-day meeting to discuss a global tax on the super-rich, a top priority for Brazil, which holds the presidency

International Business Times

Yellen To Address G20 Finance Leaders On US Policy Commitments After Biden's Withdrawal From Presidential Race

U.S. Treasury Secretary Janet Yellen's presence at the G20 summit in Brazil aims to address subjects on green energy incentives, efforts to tackle debt distress, support for Ukraine and the capacity of China's manufacturing sector.

Top News

US Treasury Secretary Warns Of Declining Dollar Dominance

Global concerns over U.S. dollar decline as Bitcoin gains momentum, impacting financial strategies and geopolitical dynamics.

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Fortune

Janet Yellen is a fan of 'Diners, Drive-ins and Dives,' In-N-Out burgers, and visiting restaurants to go beyond economic data

"I certainly look at national data sets to understand what’s happening in the economy, but talking to people about what they’re experiencing is often really helpful in getting your mind around where people are coming from."

Salon

IRS goes after rich tax cheats, nets $1B

The Biden administration’s $60 billion in additional IRS funding has reinvigorated the agency’s enforcement effort

Top News

Yellen: No 25Th Amendment Discussions Amid Concerns Over Biden

Treasury Secretary Yellen confirms no discussions on invoking 25th Amendment for President Biden. Concerns raised about Biden's age and mental acuity.

Top News

U.S. Expands Review Of Land Sales Near Military Sites

U.S. government expands CFIUS oversight to include land sales near military sites for national security, with recent focus on Chinese investments.

Fortune

Treasury Secretary Janet Yellen blames Trump’s tax cuts for ‘many of the problems’ with the U.S.’s soaring budget deficit

Yellen says Trump’s policies gave tax breaks to wealthy corporations and individuals while increasing the national deficit.

International Business Times

US Treasury Reveals Biden Administration's $100 Million Boost For Affordable Housing

Yellen announced that the $100 million, to be distributed over three years, will be funded by repayments from previous Covid-era investments.

The Independent UK

Yellen announces efforts to boost housing supply as high prices create crunch

The Biden administration is announcing new steps to increase access to affordable housing

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