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The Treasury Department has finalized new regulations extending anti-money-laundering measures to certain investment advisers, though it’s made concessions on some requirements after pushback from the industry.

The IRS has collected $1.3 billion from high wealth tax dodgers since last fall, the agency says, crediting spending that has ramped up collection enforcement through President Joe Biden's signature climate, health care and tax package signed into law ...

Janet Yellen stated on Friday that she is working to save a component of the global corporate tax agreement targeting highly profitable multinational corporations, and added that “India is refusing to engage on issues important to US interests".Yellen told Reuters in an interview on the sidelines of a G7 finance leaders meeting in Italy that China also has been “all but absent" in the negotiations to finalize “Pillar 1" of the OECD corporate tax deal reached in principle in 2021 that involves 140 countries."We are actively engaged in this negotiation," to meet an end-June deadline for the deal, Yellen told Reuters. “We're committed to doing everything we possibly can to make it work."Also Read: Yellen ‘Feeling Good’ About G-7 Alignment on Russian AssetsEarlier on Friday, Italian Finance Minister Giancarlo Giorgetti told reporters that the Pillar 1 negotiations were set to fail, citing objections from the U.S., India and China.The Pillar 1 negotiations primarily focus on redistributing the taxing authority concerning US-based digital giants, potentially enabling around $200 billion of corporate profits to be taxed in the nations where these companies operate.In addition to Pillar 1, the tax deal includes a second pillar involving the implementation of a 15% global minimum tax on corporate profits, which many countries are independently adopting.

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The U.S. and U.K. will begin restricting the trade of new Russian-origin metals — including aluminum, copper and nickel — on global metal exchanges and in derivatives trading

U.S. Treasury Secretary Janet Yellen has met with Chinese Premier Li Qiang and sent a message of mutual cooperation despite the nations’ differences

China -U.S. Treasury Secretary Janet Yellen said on Saturday that she and Chinese Vice Premier Hi Lifeng agreed to launch exchanges on balanced growth in domestic and global economies, an effort she said partly aimed at addressing U.S. concerns about China's excess manufacturing capacity. After two days of economic talks in China's southern export hub of Guangzhou, Yellen said she and He also agreed to start a forum to cooperate on anti-money laundering efforts in their respective financial systems.

Treasury Secretary Janet Yellen weighs in on the state of the economy in a FOX Business exclusive interview.

WASHINGTON (Reuters) — U.S. Treasury Secretary Janet Yellen said on Thursday that Congress' inaction in approving new U.S. aid to Ukraine is «nothing short of a gift» to Russian President Vladimir Putin, Iran and other adversaries as Ukrainian forces run short of ammunition to fight Russia's invasion.

G20 finance ministers will meet Wednesday in Brazil, seeking ways to shore up a global economy whose nascent recovery is threatened by a raft of conflicts and crises, including the wars in Ukraine and Gaza. The Ukraine war could take center stage at the meeting, with G7 countries due to meet on the sidelines to discuss shoring up Western support against Russia's invasion — including what US Treasury Secretary Janet Yellen called an «urgent» proposal to use frozen Russian assets to increase aid for Kyiv.

froze hundreds of billions of dollars in Russian foreign holdings in retaliation for Moscow’s invasion of Ukraine. Those billions have been sitting untapped as the war grinds on, now in its third year, while officials from multiple countries have debated the legality of sending the money to Ukraine. More than two-thirds of Russia’s immobilized central bank funds are located in the EU.

By Andrea Shalal

Treasury Secretary Janet Yellen says former President Donald Trump’s economic policies toward China left America “more vulnerable and more isolated” in the global economy

Numerous terror organizations are now utilizing Tron over Bitcoin, according to a new report by Reuters released Monday.

White House and the Chinese government. Biden arrived at San Francisco International Airport on Tuesday afternoon and Xi landed shortly after. The Chinese president was welcomed on the tarmac by Treasury Secretary Janet Yellen, California Gov.

Former Deputy Assistant Treasury Secretary Christine McDaniel discusses Janet Yellen's trip to China, the Biden administration's 'Bidenomics' tour and the UPS, Teamster labor talks.

By David Lawder

Treasury Secretary Janet Yellen says Washington wants to build an economic relationship with Beijing that takes into account national security and human rights and is fair to both sides

By David Lawder

(Reuters) — U.S. Treasury Secretary Janet Yellen met with U.K Chancellor of the Exchequer Jeremy Hunt on the sidelines of the annual meetings of the International Monetary Fund and World Bank in Marrakech, Morocco on Friday, the U.S. State Department said.

By Jorgelina do Rosario