Alan Rappeport
Posts
Clean Energy Tax Credits Leave the Door Open to Chinese Investment
The Treasury Department pledged to carefully scrutinize foreign investments in the United States for national security threats.
World Bank Warns Record Debt Burdens Haunt Developing Economies
Surging interest rates and waning financing options threaten a “lost decade” for poor countries.
How a Legal Fight Over a $15,000 Tax Bill Could Upend the U.S. Tax Code
The Supreme Court ruling in the Moore case could cost the federal government billions of dollars in lost tax revenue.
U.S. Moves to Crack Down on Money Behind Fentanyl Trade
Treasury Secretary Janet L. Yellen will travel to Mexico this week for talks on countering illicit finance and fentanyl.
Electric Vehicle Push Returns North Carolina to Its Lithium Mining Roots
After decades of stagnation, the Tar Heel State is the beneficiary of a lithium rush fueled by demand for car batteries.
Users of Venmo, Cash App and Other Digital Wallets Get a Tax Reprieve
The Biden administration has faced backlash from small-business owners who called the new I.R.S. reporting requirements confusing and onerous.
Moody’s Changes U.S. Credit Outlook to ‘Negative’
Moody’s reaffirmed America’s credit rating at the highest AAA level but expressed concern about the nation’s fiscal trajectory amid congressional dysfunction.
Yellen Says U.S. Wants ‘Healthy’ Economic Ties With China
The Treasury secretary said she had pressed her Chinese counterpart on China’s export controls and cautioned against supporting Russia.
Janet Yellen, U.S. Treasury Secretary, Will Meet With Chinese Counterpart
The high-level meetings in San Francisco will lay the groundwork for talks between President Biden and China’s top leader, Xi Jinping.
U.S. Looks to Allay European Fears of a Subsidy War
Wally Adeyemo, the deputy Treasury secretary, will argue in a speech in Germany that the Biden administration’s climate law is not protectionist.