Alan Rappeport
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Janet Yellen Will Pledge 5,000 New I.R.S. Hires to Bolster Taxpayer Responsiveness
The Treasury secretary is scheduled to give remarks at a Maryland I.R.S. facility as the agency begins an $80 billion overhaul.
Yellen to Visit I.R.S. Facility as Biden Administration Prepares to Bolster Tax Agency.
The Treasury secretary will deliver a speech to staff laying out the modernization plans.
Yellen Embarks on Economic Victory Tour as Midterm Elections Approach
In Michigan, Janet L. Yellen, the Treasury secretary, said investments made by Democrats would reshape the United States economy.
Price Cap on Russian Oil Wins Backing of G7 Ministers
The proposal aims to stabilize unsettled energy markets in the wake of Russia’s invasion of Ukraine. But it faces considerable obstacles.
Price Cap on Russian Oil Wins Backing of G7 Ministers
The proposal aims to stabilize unsettled energy markets in the wake of Russia’s invasion of Ukraine. But it faces considerable obstacles.
Biden’s Student Loan Plan Could Face a Protracted Legal Fight
The White House’s use of emergency powers to enact widespread debt relief could be ripe for challenges.
Yellen Directs I.R.S. to Embark on $80 Billion Overhaul Plan
The Treasury Secretary’s priorities include clearing a backlog of unprocessed tax returns, revamping antiquated technology and hiring thousands of new employees.
Inflation Reduction Act to Rewrite Embattled Black Farmer Relief Program
To circumvent legal objections, the new law will provide aid to farmers who have faced discrimination, regardless of their race.
High Inflation Remain a Problem for Biden
Speaking at the White House, the president declared that his “economic plan is working.”
How Private Equity Lobbying Watered Down the Corporate Minimum Tax
The new corporate minimum tax is not law yet and is already rife with exceptions for the businesses that might have to pay it.