You have commented 375 times on Rantburg.

Your Name
Your e-mail (optional)
Website (optional)
My Original Nic        Pic-a-Nic        Sorry. Comments have been closed on this article.
Bold Italic Underline Strike Bullet Blockquote Small Big Link Squish Foto Photo
Submit your comments on this article
Home Front: Politix
Yellen BACKS the IRS reporting $600 transactions because it will 'fill the tax $7T gap'
2021-10-06
  • [Daily Mail, Where America Gets Its News] Treasury Secretary Janet Yellen defended on Tuesday the new requirement that all purchases above $600 be reported to the IRS

  • Said it will help fill the $7 trillion tax gap 'from places where the information on income is opaque and can be hidden'

  • Also said Biden's controversial pick to lead the agency responsible for regulating America's banks deserves a 'fair hearing'

  • 'Professor [Saule] Omarova is the President's nominee... And I think she deserves a fair hearing by the Senate. I hope she will get that'

  • Omarova is a Cornell Law School professor who graduated from college in Moscow, where she attended on a scholarship named after Vladimir Lenin

  • She wrote a paper advocating for the Federal Reserve to take over Americans' personal banking in order to have more policy clout against big banks

  • Republicans and bank lobbyists already oppose her nomination to lead OCC
Related:
Janet Yellen: 2021-09-30 Schumer Announces Stopgap to Fund Government Through December
Janet Yellen: 2021-09-20 Biden Administration Warns States Federal Debt Crisis Might Trigger Recession
Janet Yellen: 2021-09-09 Treasury Reiterates Warning US Government Could Run Out of Money to Service Debt By October
Related:
Omarova: 2021-10-01 Biden Is Nominating Soviet-Trained Radicals Now
Omarova: 2021-10-01 Biden's nominee for Comptroller of the Currency thinks the Fed should 'end banking'
Related:
Federal Reserve: 2021-10-01 Biden Is Nominating Soviet-Trained Radicals Now
Federal Reserve: 2021-10-01 Biden's nominee for Comptroller of the Currency thinks the Fed should 'end banking'
Federal Reserve: 2021-09-24 'Temporary' Inflation to last longer than expected - Fed
Posted by:Fred

#13  comments); ?>werwer
Posted by: swksvolFF   2021-10-06 17:54  

#12  comments); ?>werwer
Posted by: SteveS   2021-10-06 15:27  

#11  comments); ?>werwer
Posted by: Frank G   2021-10-06 15:21  

#10  comments); ?>werwer
Posted by: SteveS   2021-10-06 15:16  

#9  comments); ?>werwer
Posted by: swksvolFF   2021-10-06 14:06  

#8  comments); ?>werwer
Posted by: Abu Uluque   2021-10-06 12:10  

#7  comments); ?>werwer
Posted by: Lord Garth   2021-10-06 09:56  

#6  comments); ?>werwer
Posted by: Helmuth, Speaking for Thromons3612   2021-10-06 07:22  

#5  comments); ?>werwer
Posted by: Airandee   2021-10-06 06:56  

#4  comments); ?>werwer
Posted by: Besoeker   2021-10-06 04:34  

#3  comments); ?>werwer
Posted by: Raj   2021-10-06 01:54  

#2  comments); ?>werwer
Posted by: Blackbeard Barnsmell6454   2021-10-06 01:03  

#1  comments); ?>werwer
Posted by: Lord Garth   2021-10-06 00:32  

00:00