Category: Janet Yellen

Evergrande Losses Sparks Fear Of Looming Credit Contagion, Janet Yellen Asks To Raise US Debt Ceiling

Global investors have their eyes peeled on the Evergrande Group or the Evergrande Real Estate Group, China’s second-largest property developer by sales. Evergrande Group shares nosedived on Monday dropping to…

Crypto Market Values Nosedive Amid Global Market Meltdown, Widening Default Risks

Crypto markets have dropped a great deal in value over the last 24 hours as crypto assets across the board have lost anywhere between 7-15% in value during this time…

IRS, Janet Yellen Press Lawmakers To Push ‘Tax Compliance Agenda’ — Banks To Report Deposits, Withdrawals Of $600

On Wednesday, U.S. Internal Revenue Service (IRS) commissioner Charles Rettig and Janet Yellen, the Treasury secretary, urged lawmakers to give the IRS permission to report annual inflows and outflows from…

Treasury Secretary Yellen Privately Lobbies Against Tax Amendment Crypto Industry Wants: Report

U.S. Treasury Secretary Janet Yellen has reportedly raised objections to lawmakers about the cryptocurrency tax amendment to the $1 trillion infrastructure bill that is supported by the crypto community. The…

US Treasury Secretary Yellen Outlines Plans To Regulate Stablecoins In Collaboration With The Fed, SEC, CFTC

U.S. Treasury Secretary Janet Yellen will convene a meeting with the Biden administration’s working group on financial markets to discuss stablecoin regulation. “In light of the rapid growth in digital…

US Senator Urges Treasury Secretary To ‘Make Significant Revisions’ To FinCEN’s Crypto Proposal

U.S. Senator Pat Toomey has urged Treasury Secretary Janet Yellen to “make significant revisions” to the proposed crypto regulation by the Financial Crimes Enforcement Network (FinCEN) and the planned adoption…