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31 Mar 23
Staff cuts under former president Donald Trump’s leadership have hurt the US Treasury’s ability to oversee financial markets and the banking sector, the department’s top official has said.
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24 Jan 23
The US Treasury has renewed pledges to reform how it collects taxes and ensure the Inland Revenue Service can recover billions of dollars of unpaid taxes.
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9 Sep 22
Janet Yellen has stood by plans to correct a “two-tiered tax system” in the nation by taxing large companies and higher earners more, to fund new spending.
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11 Jan 22
More than 15 Democrats Congress members have urged Treasury secretary Janet Yellen to vote in favour of abolishing the International Monetary Fund’s high fees for long-term debtors , amid fears it...
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29 Sep 21
The US could default on its borrowing for the first time in its history as soon as next month, unless its statutory debt limit is lifted, according to Treasury secretary Janet Yellen.
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24 Aug 21
The US government’s $1trn infrastructure fund is expected to provide a net $700bn boost to its economy, according to ratings agency Standard and Poor’s.
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26 Jul 21
Treasury Secretary Janet Yellen has confirmed that debt limits will be reimposed on US local government next month, to prevent a historic default on repayments following Covid-19.
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23 Jul 19
Former US Treasury official Christina Ho asks how far the world - and most particularly its greatest economy, the US - has advanced with gender equality.