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Pastries and Persuasion: How a Global Tax Deal Got Done

Mr. Grinberg, a tax law professor at Georgetown University who worked in the Treasury Department during the Bush and Obama administrations, was initially viewed with skepticism by some progressives, who […]




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What the Debt Ceiling Means for Social Security and More

The federal government is about two weeks away from being unable to pay its bills — and that could delay benefit payments to tens of millions of retirees, Medicare and […]




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Yellen Warns Congress that Debt Limit Must by Raised by Oct. 18

Treasury Secretary Janet L. Yellen on Tuesday warned lawmakers of “catastrophic” consequences if Congress failed to soon raise or suspend the statutory debt limit, saying inaction could lead to a […]




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Treasury’s Janet Yellen Is Being Tested by Debt Limit Fight

Ms. Yellen’s task has been complicated by the fact that while she can readily convey the economic risks of default, the debt limit has become wrapped up in a larger […]




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Proposed Tax Changes Focus on the Wealthy

So how do you define who’s wealthy?The latest proposed tax changes from the House Ways and Means Committee essentially say a wealthy individual is someone who earns $400,000 a year […]




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How Accounting Giants Craft Favorable Tax Rules From Inside Government

This year, Mr. Harter returned to PwC.“I fully complied with Treasury Department conflicts rules by not meeting with PwC representatives” during a two-year “cooling off” period that restricts government officials […]




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Crypto’s Rapid Move Into Banking Elicits Alarm in Washington

BlockFi, a fast-growing financial start-up whose headquarters in Jersey City are across the Hudson River from Wall Street, aspires to be the JPMorgan Chase of cryptocurrency.It offers credit cards, loans […]




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U.S. and I.M.F. Apply a Financial Squeeze on the Taliban

Despite the chaotic end to its presence in Afghanistan, the United States still has control over billions of dollars belonging to the Afghan central bank, money that Washington is making […]




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Janet Yellen Gets a Chance to Shape the Fed, This Time From Outside

Janet L. Yellen has dedicated most of her professional life to the Federal Reserve. She served in its highest-ranking roles, including as president of the Federal Reserve Bank of San […]