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The Latest Breaking News from Janet Yellen

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

The Independent UK

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.

International Business Times

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.

Top News

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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."

Fortune

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

Salon

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.

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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.

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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.

Fortune

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.

International Business Times

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

The Independent UK

Billionaires vs. millionaires: America’s wealthy are more eager than Janet Yellen to tax the super-wealthy

A majority of American millionaires are in favor of a proposal to require the world's billionaires to pay taxes worth at least 2% of their overall wealth every year.

Fortune

Treasury Department Takes Action Against Drug Cartel Financing

Treasury Secretary Janet Yellen announces sanctions on individuals linked to drug cartel smuggling fentanyl into the U.S. as part of Biden administration's...

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In Atlanta to promote fentanyl actions, Yellen announces sanctions against Mexican cartel

U.S., Treasury Secretary Janet Yellen has announced new sanctions against members of La Nueva Familia Michoacana drug cartel, a notoriously violent group that wars for territorial control with a slate of other Mexican cartels

The Independent UK

Yellen Criticizes Trump's Tariff Proposal As Harmful To Working Class Americans

Trump recently suggested the idea of eliminating federal income taxes and imposing substantial tariffs on imports during private meetings with GOP lawmakers.

International Business Times

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Al Jazeera

US expands Russia sanctions, targeting entities in China, UAE and Turkey

Washington’s latest sanctions announcement comes as US President Joe Biden attends the G7 summit in Italy.

The Independent UK

Israeli settlers in the West Bank were hit with international sanctions. It only emboldened them

More than a dozen Israeli settlers have been targeted by international sanctions over accusations of attacks and harassment against Palestinians in the West Bank

Top News

Janet Yellen To Address Risks And Opportunities Of AI

Treasury Secretary Janet Yellen to discuss AI's impact on financial systems, addressing risks and benefits in upcoming speech.

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U.S. Treasury Official In Kyiv Discusses Financial Support For Ukraine

U.S. Treasury official in Kyiv discussing financial aid, sanctions on Russia, and using Russian assets to aid Ukraine's defense amidst Russia's territorial...

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International Business Times

US To Unveil 'Guardrails' Needed For Carbon Markets To Succeed

President Joe Biden's administration is set Tuesday to unveil "guardrails" it says will ensure that carbon offset markets effectively reduce greenhouse gas emissions, a significant win for advocates of the contentious schemes.

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Yellen Expects Quick FDIC Nominee Announcement From White House

The White House is actively working to select a nominee for the FDIC, emphasizing transparency and accountability in the process.

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Yellen Supports Ukraine Loan Plan, More Work Needed

Treasury Secretary Yellen announces strong support for Ukraine loan plan to aid economic stability and recovery.

The Guardian - UK

Hopes grow of G7 deal to support Ukraine with $300bn in frozen Russian assets

Foreign ministers confident of agreement to use bank assets as security for Ukraine reconstruction loan

The Independent UK

US pushes for Ukraine aid, united front against China's trade practices at G7 finance meeting

The U.S. is seeking to build support for squeezing more money for Ukraine out of frozen Russian assets as finance ministers from the Group of Seven rich democracies open a two-day meeting Another key topic pushed by U.S. Treasury Secretary Janet Yellen will be building a united front against China’s…

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Yellen Worried About Israel Threats To Palestinian Banks

U.S. Treasury Secretary expresses concern over Israel's threats to Palestinian banks amid escalating tensions in the region.

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Yellen Urges G7 Action Against China's Industrial Overcapacity

Former Fed Chair Yellen urges G7 nations to unite against China's industrial overcapacity, highlighting global economic concerns.

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