

Alan Rappeport
Posts

State Tax Cut Policies Prop Up Income, Fanning Inflation Worries
Efforts around the country to ease the pain of rising prices have given consumers more money to spend, which could paradoxically further drive up prices.

Treasury Secretary Janet Yellen speaks at a critical moment for the global economy.
The New York Times - Business: This post first appeared in The New York Times - Business. Read the original article.

David Lipton, Economic Diplomat, Will Step Down From Treasury
Mr. Lipton, who served in senior roles in the Clinton and Obama administrations and at the I.M.F., is retiring.

France Urges U.S. to Change ‘Made in America’ Electric Car Policy
The French finance minister, Bruno Le Maire, said that U.S. subsidies will inflict damage to Europe’s economy.

France Urges U.S. to Change ‘Made in America’ Electric Car Policy
The French finance minister, Bruno Le Maire, said that U.S. subsidies will inflict damage to Europe’s economy.

Yellen Urges Congress to Raise Debt Limit Beyond 2024 Election
Republicans might try to use the borrowing cap as leverage if they achieve a majority in the House or Senate, but the Treasury secretary cautioned...

Yellen Calls for ‘Stabilizing’ U.S. Relations With China Ahead of G20
The Treasury secretary said in an interview that the United States was not trying to “paralyze China’s economy and stop its development.”

Biden to Nominate Former Obama and Bush Official to Lead IRS Overhaul
If confirmed by the Senate, Daniel Werfel will oversee an $80 billion revamp of the tax agency.

White House Deletes Tweet Crediting Biden With Social Security Increase
The automatic cost of living increase that Social Security beneficiaries are receiving is a result of soaring inflation, not a policy achievement enacted by President...

US Extends Enforcement of Sanctions on Russian Oil Deliveries to January
No decision has been made on the price of the oil cap, which will take effect in five weeks.