Cựu Phó Tổng thống Kamala Harris và cựu Bộ trưởng Tài chính Janet Yellen đã chỉ trích mạnh mẽ chiến lược thuế quan của Trump, cảnh báo về những tác động tiêu cực đến nền kinh tế. Họ kêu gọi cần có chính sách thương mại bền vững hơn để bảo vệ sự phát triển kinh tế. #Harris #Yellen #Trump #KinhTe #ThueQuan https://ift.tt/fWpQa1A
#yellen
Outgoing Treasury Secretary #Janet #Yellen is announcing that she's planning to take "#extraordinary #measures" to save the U.S. economy beginning on January 21
— the day after Donald Trump will officially begin his second term in office.
Politico reported Friday that Yellen made the announcement in a letter to congressional leaders
The letter comes as the United States prepares to reach the ❌statutory limit on borrowing
-- which Yellen wrote last month would happen between January 14 and January 23.
She warned in that letter that the Department of the Treasury would need to take "extraordinary measures" in order to avoid a debt default, should Congress fail to raise the debt ceiling before then.
⚠️In her latest letter, Yellen said she would begin taking those "extraordinary measures" next Tuesday,
which will reportedly include
💥tapping into federal retirement funds that aren't immediately needed to pay out benefits to retired postal workers and other federal employees.
She also plans to temporarily
💥suspend investments into those funds in order to keep the U.S. current on its debt service obligations.
"The period of time that extraordinary measures may last is subject to considerable uncertainty,
including the challenges of forecasting the payments and receipts of the U.S. Government months into the future,"
she wrote in her January 17 letter to Congress
It’s funny how #Trump knew about the #debtceiling
#Yellen: US will hit debt ceiling in mid- or late-January
https://www.politico.com/news/2024/12/27/yellen-debt-ceiling-january-00196090
Janet Yellen tells Congress US could hit debt limit in mid-January
https://apnews.com/article/treasury-debt-limit-yellen-trump-elections-republicans-9c5d27c08feb744f5ee59dc2c87a06d5
#DebtLimit #Yellen #RepublicansDidThis #GOPKakistocracy #ResistFascism #GOPWeirdos #RacistGOP #NoRepublicansEverAgain #USPol
The #Biden administration is preparing fresh sanctions aimed at restricting #Russia’s access to goods that sustain its military machine, Treasury Secretary Janet #Yellen said Tuesday.
The #US will “unveil strong new sanctions targeting those facilitating the #Kremlin’s war machine, including intermediaries in third countries that are supplying Russia with critical inputs for its military,” Yellen said in #Washington.
The #US and #Europe are close to finalizing a plan to provide #Ukraine with a $50 billion loan backed by #Russia’s frozen central bank assets by the end of the year, Treasury Secretary Janet L. #Yellen said on Tuesday.
Ms. Yellen said on Tuesday that all of the significant issues had been worked out and that the United States would be contributing $20 billion of the $50 billion loan.
https://www.nytimes.com/2024/10/22/us/politics/janet-yellen-china-lending.html
Treasury Secretary Yellen stated that the U.S. will implement strong sanctions to target intermediaries supplying critical military inputs to Russia. She highlighted efforts to release the economic value of frozen Russian assets to assist Ukraine during her remarks at the IMF and World Bank meetings.
#USTreasury #Sanctions #Russia #Ukraine #IMF #WorldBank #Yellen #US
Treasury Secretary #Yellen is concerned that the economic policies proposed by Republican candidate #Trump could fuel inflation and negatively impact businesses. In her upcoming speech, she plans to emphasize that broad, untargeted #tariffs could lead to higher prices for American families and diminish the competitiveness of U.S. companies. Meanwhile, Trump defends his approach, asserting that these tariffs would revitalize #US manufacturing, provide sufficient revenue to the national deficit.
The IRS has 👍collected $1.3 billion from high-wealth tax dodgers since last fall,
the agency announced Friday, crediting ❇️spending that has ramped up collection enforcement through President Joe Biden’s signature climate, health care and tax package signed into law in 2022.
Treasury Secretary #Janet #Yellen and IRS Commissioner #Danny #Werfel traveled to Austin, Texas, to tour an IRS campus and
announce the latest milestone in tax collections as 🆘Republicans warn of big future budget cuts for the tax agency if they take over the White House and Congress.
Yellen said in a speech in Austin that in 2019, 🔥the top one percent of wealthy Americans owed more than one-fifth of all unpaid taxes, “leaving ordinary Americans to shoulder the burden.”
⭐️“To fix this, we’ve channeled IRS funding toward significant investments to combat tax evasion,” she said.
https://apnews.com/article/irs-treasury-tax-wealth-ira-2932f286c89b19b9ccecaaca2f4f2c2b
#US Treasury Secretary Janet #Yellen told Reuters on Friday that "things look good" for Group of Seven wealthy democracies to agree the terms of a $50 billion loan to #Ukraine backed by Russian assets by October.
The $50 billion loan, agreed in principle by #G7 leaders in June, would be serviced with proceeds generated by some $300 billion of Russian central bank assets frozen in the West after #Moscow invaded Ukraine in early 2022.
#Yellen: 2022's inflation spike was global due to post-pandemic supply issues, many resolved now, wage pressure easing. Inflation expected to decline, but rents remain a concern. #Inflation #Economy #Housing
#Yellen: Restrictions on AI investments into China are narrowly focused on clear national security risks. #US #China #NationalSecurity #AI
#Ukrainehilfe: Nutzung des #Russlandgelds ist für #Yellen kein Diebstahl. #Russland und #Putin machen das ständig, endlich ist auch der #Westen aufgewacht und zahlt es ihnen mit denselben Mitteln heim.😁 https://www.spiegel.de/wirtschaft/unternehmen/ukraine-hilfe-nutzung-des-russland-gelds-ist-fuer-janet-yellen-kein-diebstahl-a-d251d30a-c7e8-4d85-8ce4-bef259afc9f9?sara_ref=re-so-tw-sh via @derspiegel
U.S. #TreasurySecretary #JanetYellen will warn that the use of #AI in #finance could lower transaction costs, but carries "significant risks," according to excerpts from a speech to be delivered on Thursday.
"Specific vulnerabilities may arise from the complexity and opacity of AI models, inadequate risk management frameworks to account for AI risks and interconnections that emerge as many market participants rely on the same data and models," - #Yellen
https://www.reuters.com/business/finance/yellen-warn-significant-risks-use-ai-finance-2024-06-05/
US will not support global tax on billionaires
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A proposal under consideration by some members of the G20 group of advanced economies that would place a worldwide tax on the assets of the ultrawealthy does not have the support of the Biden administration, U.S. Treasury Secretary Janet Yellen said Monday.
Yellen told The Wall Street Journal that the...
https://alaska-native-news.com/us-will-not-support-global-tax-on-billionaires/74147/
#yellen #wealth #global #tax #biden
#US #Treasury Secretary #Yellen calls for stricter #European bank compliance to thwart Russian #sanction evasion, affirms global economic resilience amidst geopolitical strife, and emphasizes ongoing efforts to cut #Russian war revenue. #GlobalEconomy #SanctionsCompliance
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