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Why one of Wall Street"s titans is on the side of the tax reformers - and maybe Joe Biden and Janet Yellen

JPMorgan CEO Jamie Dimon, long rumored as a potential Treasury Secretary, has some ideas on tax reform. They're not all that different from Biden's. JPMorgan CEO Jamie Dimon. Getty Images An "extraordinary number" of loopholes h.....»»

Category: worldSource: nytApr 8th, 2021

US stock futures climb and dollar falls after Janet Yellen urges spending spree ahead of Joe Biden"s inauguration

Wall Street warmed to Janet Yellen and Joe Biden's plans to "ac.....»»

Category: topSource: businessinsiderJan 20th, 2021

AOC says women are disproportionately scrutinized after Biden"s Treasury pick Janet Yellen reveals she was paid $7 million in speaking fees

Janet Yellen, the president-elect's Treasury nominee, made more than $7 million giving speeches on Wall Street and for companies including Google Rep. Alexandria Ocasio-Cortez. Alex Wong/Getty Images Janet Ye.....»»

Category: worldSource: nytJan 2nd, 2021

Warren Buffett, Mohamed El-Erian and now Janet Yellen spark fears over a pickup in inflation that could pile pressure on the Fed

Treasury Secretary Janet Yellen quickly rowed back her comments on inflation, but they were enough to cause concern on Wall Street. Warren Buffett said he was seeing "very substantial inflation." Nati Harnik/AP Janet Yell.....»»

Category: dealsSource: nytMay 5th, 2021

Yellen to name Michael Hsu acting comptroller of the currency: report

Treasury Secretary Janet Yellen plans to name a Federal Reserve bank regulator, Michael Hsu, as acting comptroller of the currency, the Wall Street Journal reported Wednesday. Hsu currently serves .....»»

Category: topSource: marketwatchMay 3rd, 2021

: Yellen to discuss ‘meme-stock’ volatility on Wall Street with top regulators

Treasury Secretary Janet Yellen will host a meeting with top federal regulators to address the recent market volatility on Wall Street spurred by so-called meme stocks, according to a department spokesman......»»

Category: topSource: marketwatchFeb 3rd, 2021

The Wall Street Journal: In return to hands-off approach, Yellen to say U.S. doesn’t seek weaker dollar

Janet Yellen is expected to affirm the U.S.’s co.....»»

Category: topSource: marketwatchJan 18th, 2021

Janet Yellen Says It"s Time For "Alarm" As Loan Bubble Runs Amok

The deluge of leveraged loans is getting increasingly difficult to regulate as it takes over Wall Street. A new report brings up a perfect example of this: Bomgar Corp., who just lined up $439 million in loans. It was the company's third trip t.....»»

Category: blogSource: zerohedgeSep 27th, 2018

The Wall Street Journal: Is Fed chief Jerome Powell’s job safe? Yes, 100%, says Trump aide Kevin Hassett

Donald Trump picked Jerome Powell to replace Janet Yellen at the Fed helm but of late has taken the unusual step of publicly criticizing Powell’s stewardship of the central bank’s monetary policy......»»

Category: topSource: marketwatchDec 26th, 2018

"Obviously, This Is Very Bad News For Biden": Wall Street Reacts To Today"s Red Hot Inflation Print

"Obviously, This Is Very Bad News Fo.....»»

Category: worldSource: nytApr 10th, 2024

Scandal Rocks Biden"s Labor Dept For Lying About Sharing Non-Public Inflation Data With Secret Group Of Wall Street "Super Users"

Scandal Rocks Biden's Labor Dept .....»»

Category: dealsSource: nytApr 10th, 2024

Costco earnings, Bitcoin and Biden’s budget top week ahead

Wall Street's week ahead includes Costco earnings, more Bitcoin volatility and a fresh read on US GDP......»»

Category: topSource: foxnewsMay 23rd, 2021

Facebook And Regeneron Lead The Nasdaq Lower Tuesday

U.S. indices were trading lower Tuesday after U.S. Treasury Secretary Janet Yellen called for business leaders across the country to pay higher taxes to compensate for President Biden's proposed infrastructure plan. read more.....»»

Category: blogSource: benzingaMay 18th, 2021

Janet Yellen urges businesses to support corporate tax hikes to fund Biden"s infrastructure plan

The Treasury Secretary spoke to the Chamber of Commerce to drum up support for Biden's infrastructure plan,.....»»

Category: dealsSource: nytMay 18th, 2021

Treasury Secretary Janet Yellen says a "shocking" $7 trillion in taxes is going uncollected

Yellen urged that additional steps be taken to fetch the revenue, which could be used to finance President Joe Biden's $4 trillion spending plan. Treasury S.....»»

Category: topSource: businessinsiderMay 4th, 2021

Treasury Secretary Janet Yellen says Americans can expect a "big return" from Biden"s $4.1 trillion spending proposal

The proposals are unlikely to fuel a dangerous surge of inflation, but if they do, the government has the tools to address it, Yellen said. Treasury secretary Janet Yellen pushed for stimulus checks Andrew Harnik/AP President Biden's s.....»»

Category: personnelSource: nytMay 2nd, 2021

Why Wall Street’s Favorite Tax Break Is a Biden Target

One of the most reviled loopholes in a tax code full of them is under threat again. While the average American worker must pay the standard tax rate on their income, wealthy private equity managers and venture capitalists are able to pay a lowe.....»»

Category: topSource: washpostApr 30th, 2021

The Wall Street Journal: Capital-gains-tax hike could be a tough sell for Biden even among fellow Democrats

Some Democrats are said to be sensitive to the argument that higher taxes on investment income could slow economic growth......»»

Category: topSource: marketwatchApr 29th, 2021

Capital gains tax hikes and stock market performance

Biden's proposed 39.6% capital gains rate is stirring the pot on Wall Street......»»

Category: topSource: foxnewsApr 29th, 2021

Why Wall Street’s Favorite Tax Break Is Biden Target

One of the most reviled loopholes in a tax code full of them is under threat again......»»

Category: topSource: washpostApr 29th, 2021

Stock investors dissect Biden’s capital gains tax hike proposal

Wall Street strategists are growing increasingly concerned that President Biden’s tax hikes could put an end to the stock market’s record-setting run......»»

Category: topSource: foxnewsApr 23rd, 2021