No currency manipulator labels from US, China on watch
The Biden administration will not designate any country as a currency manipulator, but it did name China, Vietnam and Taiwan among the nations that have failed to live up to global agreements not to use their currencies to gain unfair trade advantages.
Democrats push for paid family leave ahead of critical votes
House Speaker Nancy Pelosi surprised advocates, and even many of her Democratic colleagues, when she revived a long-sought paid family and medical leave plan and said it would be part of a massive social and environmental spending bill in the House.
Treasury Secretary Yellen breaks with Biden and says Democrats should consider lifting debt limit without GOP help: 'I don't want to play chicken'
Mitch McConnell is digging in against helping Democrats lift the debt limit, and Yellen says she doesn't want to risk a devastating default.news.yahoo.com
Treasury Secretary Yellen says spending bills will be anti-inflationary, lowering important costs
Treasury Secretary Janet Yellen spoke to CNBC's Sara Eisen on "Worldwide Exchange" on Friday during her trip to Europe to promote the administration's economic agenda. This is breaking news. Please check back here for updates.cnbc.com
Treasury says it needs to modernize its economic sanctions
The Treasury Department says that the economic and financial sanctions the United States has employed over the past two decades to battle global terrorism, nuclear proliferation, drug cartels and other threats need to adapt to a rapidly changing financial world.
More than 130 countries reach deal on corporate minimum tax
More than 130 countries have agreed on a tentative deal that would make sweeping changes to how big, multinational companies are taxed in order to deter them from stashing their profits in offshore tax havens where they pay little or no tax.