On the recordMarch 17, 2021
A key purpose of the [G-SIB] capital surcharge is to require the firms themselves to bear the costs that their failure would impose on others.
Source
congress.govA key purpose of the [G-SIB] capital surcharge is to require the firms themselves to bear the costs that their failure would impose on others.
Yellen emphasized the importance of the G-SIB surcharge for financial stability.
Share
More from Janet Yellen
I would expect inflation, on a year-over-year basis of this year, to shoot up to at least 3%, or slightly over, because of the tariffs.
The President has proposed in his most recent budget expanding the Child Tax Credit.
How is it that our corporations, our multi-nationals would remain competitive if they pay a rate on their foreign profits that is higher than 15 percent?
The president has made clear that he would veto the bill in the House that ties aid for Israel to cuts in funding for the Internal Revenue Service.