By Reuters Staff
2 Min Read
FILE PHOTO: U.S. Treasury Secretary Janet Yellen attends an economic briefing with U.S. President Joe Biden in the Roosevelt Room at the White House in Washington, U.S., March 5, 2021. REUTERS/Tom Brenner/File Photo
WASHINGTON (Reuters) - U.S. Treasury Secretary Janet Yellen said on Monday that she is working with G20 countries to agree on a global corporate minimum tax rate to end a “30-year race to the bottom on corporate tax rates.”
In prepared remarks to the Chicago Council on Global Affairs, Yellen said she also would use her participation in International Monetary Fund and World Bank annual meetings this week to advance discussions on climate change, improve vaccine access and encourage countries to support a strong global recovery.
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A Republican candidate in the special election to replace the late U.S. Rep. Ron Wright, R-Arlington, is facing intense backlash and has lost two of her biggest supporters after saying she does not want Chinese immigrants in the United States.
The comments by Sery Kim, a Korean American who served in the Small Business Administration under President Donald Trump, prompted California U.S. Reps. Young Kim and Michelle Steel to rescind their endorsements of her Friday. Young Kim and Steel are the first Korean American GOP women to serve in Congress.
By Reuters Staff
2 Min Read
March 20 (Reuters) - The Idaho State Legislature has recessed until April 6 due to a COVID-19 outbreak at the state capitol that has sidelined six lawmakers with the virus, according to local media.
Six members of the Idaho House of Representatives are currently ill, TV station KTVB reported.
Members of both chambers of the Republican-held state legislature voted to recess in proceedings on Friday, at which several lawmakers were not wearing face masks, video showed.
“I’m sure I can say this on behalf of all of us, that we wish our colleagues in the House who are ill with COVID a speedy recovery,” State Senator Grant Burgoyne, a Democrat, said in the session on Friday.
3 Min Read
WASHINGTON (Reuters) - Further cuts in aid to Afghanistan by the United States and other donors could cause the government to collapse and return the country to chaos similar to the 1990s, a U.S. government watchdog said on Monday.
The warning by John Sopko, the special inspector general for Afghanistan reconstruction, came as the United States, Russia and other countries strive to kickstart stalled Afghan peace talks and President Joe Biden faces a May 1 deadline for withdrawing all remaining U.S. troops.
“Eighty percent of Afghanistan’s budget is funded by the U.S. and the (other international) donors,” Sopko said in a Reuters interview. “If, for whatever reason, the donors keep drawing down funding . that could bring the sudden demise of the Afghan government as we know it.”
9 Min Read
KELSO, Wa (Reuters) - Speaking before a crowd of mostly maskless, white and older voters in this rural Washington county south of Seattle, four Republicans last week made their case for trying to unseat Jaime Herrera Beutler, a Republican congresswoman who voted to impeach Donald Trump for inciting a mob that attacked the Capitol.
Heidi St. John, a Republican who has joined the race to unseat U.S. Rep. Jaime Herrera Beutler in 2022 in Washington s third congressional district, speaks to voters at the Cowlitz County Republican Party headquarters in Kelso, Washington, U.S., March 9, 2021. Picture taken March 9, 2021. REUTERS/Deborah Bloom