Tag: yellen

Corporate tax hikes would damage businesses, make US less competitive: Norquist

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Post date May 20, 2021

Americans for Tax Obligation Reform President Grover Norquist presses back on Treasury Secretary Janet Yellen's 'peculiar' argument for raising corporate and also capital gains tax obligation prices. #FOXBusiness

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Steve Moore breaks down consequences of government intervening in economy

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Post date May 20, 2021

Moore alerts; 'countries that have tried to remain to basically deflate their currency have actually run into big huge issues' #FoxBusinessTonight #FOXBusiness

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Art Laffer: No tax more ‘disgusting’ than the death tax

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Post date May 6, 2021

Former Reagan financial experts reacts to Secretary Yellen walking back discuss rate of interest on 'Kudlow.' #FoxBusiness #Kudlow

FOX Service Network (FBN) is a monetary news channel supplying real-time information throughout all systems that impact both Main Street as well as Wall Street. Headquartered in New York– the business capital of the globe– FBN introduced in October 2007 and also is one of the leading service networks on television, having covered CNBC in Organization Day visitors for the 2nd consecutive year in 2018. The network is available in virtually 80 million residences in all markets throughout the United States. Owned by FOX Company, FBN is a device of FOX Information Media and has bureaus in Chicago, Los Angeles, and also Washington, D.C.

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Senator Kennedy battles Janet Yellen on ‘helping’ China, Russia with $1 trillion SDR

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Post date March 26, 2021

The IMF plans on creating a new appropriation of "special drawing civil liberties", or SDRs, with the purpose of supplying foreign aid.

Throughout a Senate hearing today, Senator John Kennedy doubted Treasury Assistant Janet Yellen on where the money will originate from, as well as how the fund is mosting likely to be assigned.

" You claim you wish to aid bad countries, but you as well as I both understand that only about 10% of that money is mosting likely to go to inadequate countries. It's not mosting likely to aid bad nations. You understand that it's going to assist? If they money in their SDRs? It's going to aid China, it's mosting likely to help Russia, it's mosting likely to help Venezuela," Kennedy said to Yellen.

Kennedy likewise stated that this strategy will certainly set you back American taxpayers $180 billion, a case that Yellen refuted.

" There are many nations that can give hard cashes in return for SDRs, including the United States. If the USA does consent to provide SDRs it will certainly need to release Treasury expenses … however it will certainly additionally make rate of interest on any kind of amounts that it transforms on behalf of various other countries," Yellen said.

In response to the $180 billion in prices for the American public, Yellen claimed "I do not understand where you obtained a number like that from."

0:00 – Fed on economic outlook, bond yield surge
5:35 – Yellen vs Kennedy on SDRs

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Yellen, Powell probed over debt, inflation as result of stimulus

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Post date March 24, 2021

Quill Intelligence LLC. Chief Executive Officer Danielle DiMartino Cubicle as well as The Bahnsen Team managing partner David Bahnsen talk about pending economic recuperation amid pandemic. #FoxBusiness

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Jerome Powell, Secretary Yellen testify before the House

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Post date March 24, 2021

Home Financial Solutions Cmte holds virtual hearing on "Oversight of the Treasury Dept's & Fed Reserve's Pandemic Response." Treasury Secretary Yellen & Fed Book Chair Powell affirm. #FoxBusiness

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Senate approves Janet Yellen’s nomination for Treasury Secretary

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Post date January 24, 2021

Senate Finance Committee held an open exec session to accept the election of Janet Yellen to be Secretary of the Treasury. #FoxBusiness

FOX Service Network (FBN) is an economic news network providing real-time info across all platforms that influence both Key Street and also Wall Street. Headquartered in New York– business resources of the world– FBN launched in October 2007 and also is just one of the leading service networks on tv, having actually covered CNBC in Service Day audiences for the second consecutive year in 2018. The network is available in almost 80 million houses in all markets across the United States. Had by FOX Corporation, FBN is an unit of FOX Information Media and also has bureaus in Chicago, Los Angeles, as well as Washington, D.C.

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