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Biden's tax hike, spending plans to boost profits, Yell

Biden s tax hike, spending plans to boost profits, Yellen tells U.S. Chamber
Reuters | May 18, 2021 08:56 PM EDT
Former Federal Reserve Chairman Janet Yellen speaks during a panel discussion at the American Economic Association/Allied Social Science Association (ASSA) (Photo : REUTERS/Christopher Aluka Berry/File Photo)
U.S. Treasury Secretary Janet Yellen tried to sell President Joe Biden s $2.2 trillion corporate tax hike and infrastructure plans to the U.S. Chamber of Commerce on Tuesday, saying that the proposals will improve the profitability and competitiveness of American corporations.
Yellen told a Chamber online conference that the American Jobs Plan infrastructure investments would have a direct payoff to the American people, create jobs and simply return the corporate tax rate toward historical norms. ....

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Atlanta Fed President defends policy, says inflation is a sign of healthy economy

Atlanta Fed President defends policy, says inflation is a sign of healthy economy
oann.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from oann.com Daily Mail and Mail on Sunday newspapers.

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Exclusive: Treasury's Yellen to call regulator meeting on GameStop volatility, seeks ethics waiver

U.S. Treasury Secretary Janet Yellen is calling a meeting of top financial regulators this week to discuss market volatility driven by retail trading in shares of GameStop Corp , silver and other stocks favored on social media. ....

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Yellen's call to 'act big' reflects long re-think on big government debt | Money

Thursday, 21 Jan 2021 07:44 PM MYT
Former Federal Reserve Chairman Janet Yellen speaks during a panel discussion at the American Economic Association/Allied Social Science Association (ASSA) 2019 meeting in Atlanta, Georgia, US, January 4, 2019. Reuters pic
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WASHINGTON, Jan 21 At US Treasury Secretary-designate Janet Yellen’s confirmation hearing Tuesday she nodded to the need for the federal debt to be put on a “sustainable” path, at least eventually.
Her more extensive comments defending President Joe Biden’s US$1.9 trillion (RM7.7 trillion) coronavirus spending plan, however, reflected a steady shift in economists’ thinking about the mountains of government debt across the developed world that has been underway for a decade and has roots in the near collapse of the euro zone. ....

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