Twitter CEO Jack Dorsey issued a warning about rising inflation over the weekend as Treasury Secretary Janet Yellen on Sunday said the United States isn’t losing control. “Hyperinflation is going to change everything. It’s happening,” Dorsey wrote on Twitter, later continuing to say: “It will happen in the U.S. soon, and so the world.” During…
Treasury Secretary Says US Not Losing Control Over Inflation as Twitter CEO Issues Dire Warning
Democrats Raise Proposed IRS Bank Reporting Threshold to $10,000 From $600
WASHINGTON—Senior Democrats in Congress have agreed to raise their proposed tax reporting threshold for bank account inflows and outflows to $10,000 a year, with exemptions for wage income, from an earlier proposal of $600 that drew criticism for being too intrusive. Senate Finance Committee Chairman Ron Wyden on Tuesday said the new $10,000 Internal Revenue…
EpochTV Review: It’s All About Control
October 20, 2021
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Commentary A few weeks ago I was on Facebook and I saw a right-leaning friend post a list of six or seven policies that our current administration was enacting, so he could point out that every policy served no purpose other than to keep the plebs in their place. A left-leaning mutual friend of ours…
How the Left Speaks Openly by Telling Unbelievable Lies
Commentary Over at the American Greatness website the other day, Dan Gelernter wrote a most interesting column headed: “The Left Can Finally Admit What it Wants,” in which he reminds us of certain items on the Left’s agenda that Democrats once had to keep hidden from voters but that now, he writes, they are more…
Yellen Calls for ‘Strong Action’ to Boost Data Integrity at IMF, World Bank
October 14, 2021
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WASHINGTON—U.S. Treasury Secretary Janet Yellen on Thursday called for “strong action” by international financial institutions to boost accountability, protect data integrity, and prevent misconduct in the wake of a World Bank data-rigging scandal. Yellen, in a statement to the steering committee of the International Monetary Fund, also called for moves by international financial institutions to…
Yellen Tells IMF’s Georgieva Data-Rigging Probe Raised ‘Legitimate’ Concerns: Treasury
October 12, 2021
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WASHINGTON—U.S. Treasury Secretary Janet Yellen told International Monetary Fund Managing Director Kristalina Georgieva on Monday that a law firm’s report into World Bank data-rigging allegations against the IMF chief “raised legitimate issues and concerns” but a lack of direct evidence meant a leadership change was unwarranted. Yellen said in the statement that “proactive steps must…
Biden Treasury Secretary Believes Congress Will Pass Global Minimum Tax
Treasury Secretary Janet Yellen said she believes Congress will likely pass a bill to implement the global corporate minimum tax agreed by 136 countries last week. Speaking to ABC News on Sunday, Yellen said that a proposal to include the United States in the global corporate minimum tax plan would likely be part of the $3.5 trillion…
Treasury Secretary Believes Congress Will Pass Global Minimum Tax
Treasury Secretary Janet Yellen said she believes that Congress will likely approve a bill to implement the global corporate minimum tax agreed upon by 136 countries last week. Speaking to ABC News on Oct. 10, Yellen said that a proposal to include the United States in the global corporate minimum tax plan would likely be part of…
Yellen Defends Calling High Inflation ‘Transitory’ Even If It Sticks Around Longer Than Next Few Months
Treasury Secretary Janet Yellen waded into the “transitory” versus “persistent” inflation debate on Tuesday, insisting it’s reasonable to view the current price spike as temporary even if it doesn’t abate within the next few months. “Supply bottlenecks have developed that have caused inflation,” Yellen said an an interview on CNBC’s “Squawk Box” on Oct. 5….
US Debt Limit Crisis Must Be Resolved ‘Immediately’ Treasury’s Yellen Says
WASHINGTON—U.S. Treasury Secretary Janet Yellen said the country’s debt limit needs to be raised by Congress “immediately” to avoid a financial crisis. Speaking with bank CEOs and President Joe Biden at the White House, Yellen warned the Treasury would have “very limited cash” that would be quickly depleted after Oct. 18. Congress needs to pay…
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