U.S. Treasury Secretary Says Recession Is Not Inevitable, CEOs Say It’s On The Way
U.S. Treasury Secretary Janet Yellen Says That A Recession Is Not Inevitable, Comments That Have Been Met With Skepticism By Business Leaders.
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Janet Yellen
U.S. Treasury Secretary Says She Was Wrong About Inflation
U.S. Treasury Secretary Janet Yellen Admitted This Week She Was Wrong And Underestimated Inflation, Which Continues To Soar.
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New Bills Would Expose Russian, Chinese Funding Of American Groups
Newly Introduced Legislation Would Require Think Tanks And Nonprofits To Reveal Whether They Have Significant Funding From Governments And Political Groups In Russia And China.
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Increased Federal Spending Scrutinized As Ongoing Inflation, Consumers Costs Spike
Skyrocketing Inflation And Consumer Costs Are Hurting President Joe Biden’s And Congressional Democrats’ Hopes To Pass Another Major Spending Bill Through The Reconciliation Process.
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Inflation Hits 30-Year High As Holiday Season Nears
The Prices Of Everyday Goods Are Getting Increasingly More Expensive, New Federal Data Confirms.
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Dems Consider New Tax To Fund Trillions In Social Spending
The White House Is Reportedly Considering A New Tax On The Investments And Assets Of Wealthier Americans To Help Fund Several Trillion Dollars In Proposed Social Spending.
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Biden Revises IRS Monitoring Plan, Banks Still Opposed
The Biden Administration Is Making Changes To Its Plan To Require Banks To Report To The IRS On All Accounts With At Least $600, But Banks Say Those Changes Are Not Enough.
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Republican Leaders Push Back Against Global Business Tax
Republican Lawmakers Are Pushing Back Against The Biden Administration’s Plan To Join A Global Compact Implementing A Tax On U.S. Corporations Regardless Of Where They Operate.
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McConnell Gives Break To Dems, Allows Temporary Debt Ceiling Suspension
Senate Republican Leader Mitch McConnell Said Republicans Will Allow Democrats A Temporary Reprieve By Helping Push Back The Debt Ceiling Deadline Until December.
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TN Banks Lack Trust In IRS With Customer’s Personal Financial Data
A Recent Proposal From The Biden Administration Seeks To Enforce A Requirement On Banks And Financial Institutions To Report Their Customer’s Yearly Gross Inflow And Outflow From Their Personal Accounts. However, The Tennessee Banking Association Has Not Bought In.
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