Washington Financial News
26.01 / 14:51
National
National Sales-Tax Plan Gains Attention in House GOP
WASHINGTON—A decades-old proposal to replace federal income, estate and payroll taxes with a national sales tax has gained support and attention in the new House GOP majority, but House Speaker Kevin McCarthy said he doesn’t favor the policy.
25.01 / 23:45
UPS
NOT
Who Goes First On Your Joint Tax Return? Probably Not the Woman.
WASHINGTON—When calculating federal income taxes, it makes absolutely no difference which spouse is listed first on a joint tax return. An opposite-sex couple can put the man’s name first, start with the woman’s name, list them in order of income, go alphabetically or begin with the spouse who woke up earlier last Tuesday. It literally doesn’t matter one cent.
25.01 / 20:13
National
National Sales-Tax Plan Gains Attention in House GOP
WASHINGTON—A decades-old proposal to replace federal income, estate and payroll taxes with a national sales tax has gained support and attention in the new House GOP majority, but House Speaker Kevin McCarthy said he doesn’t favor the policy.
25.01 / 18:39
UPS
You’re My No. 1. Except on Our Joint Tax Return.
WASHINGTON—When calculating federal income taxes, it makes absolutely no difference which spouse is listed first on a joint tax return. An opposite-sex couple can put the man’s name first, start with the woman’s name, list them in order of income, go alphabetically or begin with the spouse who woke up earlier last Tuesday. It literally doesn’t matter one cent.
25.01 / 18:39
MET
Fighting
Joe Biden, Chuck Schumer, Hakeem Jeffries Look to Project Unity Ahead of Spending Fights
WASHINGTON—President Biden met Tuesday with Democratic congressional leaders as the party tries to project a united front on the economy and the coming fight over lifting the debt ceiling.
25.01 / 18:39
vice chair
White House Considers Fed Vice Chair for Role as Biden’s Top Economic Adviser
WASHINGTON—President Biden is considering Fed Vice Chair Lael Brainard as the next head of the National Economic Council, according to administration officials and others familiar with the matter.
23.01 / 15:25
UPS
Fighting
Returns
Debt Ceiling Looms Over Capitol as Congress Returns to Work
WASHINGTON—A deeply divided Congress will return to work this week, pushing ahead with partisan priorities in the Senate and House while also gearing up for a fight over how lawmakers will address raising the debt ceiling before a potential default later this year.
21.01 / 14:03
MET
Yellen Plans China Trip as Washington, Beijing Work to Revive Ties
ZURICH—Treasury Secretary Janet Yellen will travel to China soon, the Treasury Department said, a step aimed at rebuilding a U.S.-China relationship that has deteriorated in recent years.
20.01 / 18:03
MET
Yellen Plans China Trip as Washington, Beijing Work to Revive Ties
ZURICH—Treasury Secretary Janet Yellen will travel to China soon, the Treasury Department said, a step aimed at rebuilding a U.S.-China relationship that has deteriorated in recent years.
20.01 / 18:03
Continental
Yellen, Top Chinese Official to Meet, Try to Smooth Economic Ties
WASHINGTON—U.S. Treasury Secretary Janet Yellen will meet with senior Chinese official Liu He this week as the two superpowers try to rekindle a relationship that accounts for much of the world’s economic activity but has grown tense over technology access, trade policy and Taiwan.
20.01 / 05:33
Continental
Yellen, Top Chinese Official to Meet, Try to Smooth Economic Ties
WASHINGTON—U.S. Treasury Secretary Janet Yellen will meet with senior Chinese official Liu He this week as the two superpowers try to rekindle a relationship that accounts for much of the world’s economic activity but has grown tense over technology access, trade policy and Taiwan.
20.01 / 05:33
MET
Yellen Plans China Trip as Washington, Beijing Work to Revive Ties
ZURICH—Treasury Secretary Janet Yellen will travel to China soon, the Treasury Department said, a step aimed at rebuilding a U.S.-China relationship that has deteriorated in recent years.
19.01 / 14:39
Continental
Yellen, Top Chinese Official to Meet, Try to Smooth Economic Ties
WASHINGTON—U.S. Treasury Secretary Janet Yellen will meet with senior Chinese official Liu He this week as the two superpowers try to rekindle a relationship that accounts for much of the world’s economic activity but has grown tense over technology access, trade policy and Taiwan.
19.01 / 14:39
MET
Yellen Plans China Trip as Washington, Beijing Work to Revive Ties
ZURICH—Treasury Secretary Janet Yellen will travel to China soon, the Treasury Department said, a step aimed at rebuilding a U.S.-China relationship that has deteriorated in recent years.
18.01 / 18:37
MET
Yellen Plans China Trip as Washington, Beijing Work to Revive Ties
ZURICH—Treasury Secretary Janet Yellen will travel to China soon, the Treasury Department said, a step aimed at rebuilding a U.S.-China relationship that has deteriorated in recent years.
18.01 / 13:33
Continental
Yellen, Top Chinese Official to Meet, Try to Smooth Economic Ties
WASHINGTON—U.S. Treasury Secretary Janet Yellen will meet with senior Chinese official Liu He this week as the two superpowers try to rekindle a relationship that accounts for much of the world’s economic activity but has grown tense over technology access, trade policy and Taiwan.
18.01 / 11:27
UPS
Top watchdog warns big banks may need to be broken up
WASHINGTON—Big banks may need to be broken into smaller pieces if they become too big to manage and are unable to fix significant regulatory lapses, a top federal banking regulator said in a warning shot across Wall Street on 17 January.
17.01 / 23:43
regulation
SEC
security
identity
information
Crypto miners
SEC leaked crypto miners' personal information during investigation: Report
The United States Securities and Exchange Commission, or SEC, has reportedly leaked the names and email addresses of many crypto miners connected to blockchain firm Green.
17.01 / 20:33
Continental
Yellen, Top Chinese Official to Meet, Try to Smooth Economic Ties
WASHINGTON—U.S. Treasury Secretary Janet Yellen will meet with senior Chinese official Liu He this week as the two superpowers try to rekindle a relationship that accounts for much of the world’s economic activity but has grown tense over technology access, trade policy and Taiwan.
17.01 / 05:37
Continental
Yellen, Top Chinese Official to Meet, Try to Smooth Economic Ties
WASHINGTON—U.S. Treasury Secretary Janet Yellen will meet with senior Chinese official Liu He this week as the two superpowers try to rekindle a relationship that accounts for much of the world’s economic activity but has grown tense over technology access, trade policy and Taiwan.
16.01 / 13:43
Continental
Yellen, Top Chinese Official to Meet, Try to Smooth Economic Ties
WASHINGTON—U.S. Treasury Secretary Janet Yellen will meet with senior Chinese official Liu He this week as the two superpowers try to rekindle a relationship that accounts for much of the world’s economic activity but has grown tense over technology access, trade policy and Taiwan.
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