Janet Yellen

(AP Photo/Susan Walsh)FILE - In this photo March 22, 2013 file photo, the exterior of the Internal Revenue Service (IRS) building in Washington. Lawmakers are increasingly looking at boosting the IRS to help pay for infrastructure improvements. (AP Photo/Susan Walsh, File)

House GOP leaders vow to undo $80B to rebuild IRS if party regains majority

Barely a month after the IRS got $80 billion to rebuild its workforce and upgrade its legacy IT, House Republican leaders are making repealing this funding…

Read more
FILE - A sign is displayed outside the Internal Revenue Service building on May 4, 2021, in Washington. Conservative politicians and candidates are distorting how a major economic bill passed over the weekend by the Senate would reform the IRS and affect taxes for the middle class. The Inflation Reduction Act, which awaits a House vote after passing in the Senate on Sunday, would increase the ranks of the IRS — but it wouldn’t create a mob of armed auditors looking to harass middle class taxpayers, as some Republicans are claiming. (AP Photo/Patrick Semansky, File)

How its managers say the IRS will deal with the latest spending bill

Read more
File - Treasury Secretary Janet Yellen testifies before the Senate Banking, Housing, and Urban Affairs Committee hearing, May 10, 2022, on Capitol Hill in Washington. The U.S. will close the last avenue for Russia to pay back its billions in debt to international investors on Wednesday, making a Russian default on its debts for the first time since the Bolshevik Revolution all but inevitable. The Treasury Department said in a notification Tuesday that it does not plan to renew the license to allow Russia to keep paying its debtholders through American banks. (Tom Williams/Pool via AP, File)

Yellen memo calls for IRS modernization to help ID tax evasion schemes perpetrated by top earners

Read more
(AP Photo/Charles Dharapak)FILE - In this June 3, 2011, file photo, the Pentagon is seen from air from Air Force One. It’s the biggest budget the Pentagon has ever seen: $700 billion. That’s far more in defense spending than America’s two nearest competitors, China and Russia, and will mean the military can for the bill for thousands more troops, more training, more ships and a lot else. (AP Photo/Charles Dharapak, File)

DoD budget largely flat, cuts legacy systems for modernization

Read more
(AP Photo/Andrew Harnik)President-elect Joe Biden, right, listens as Janet Yellen, who Biden nominated to serve as Secretary of the Treasury, speaks at The Queen theater, Tuesday, Dec. 1, 2020, in Wilmington, Del. (AP Photo/Andrew Harnik)

Janet Yellen wins Senate approval as treasury secretary

Read more
Janet Yellen, Jon Hilsenrath

Biden names liberal econ team as pandemic threatens workers

Read more
Federal News Radio pinwheel icon

‘Serious concerns’ raised by recent cyber attacks at Federal Reserve

Members of the House Science, Space, and Technology Committee want answers from the Federal Reserve, about 50 cyber attacks that occurred in the past several…

Read more
Federal News Radio pinwheel icon

Free drugs and the Economy

On this week’s Capital Impact show, Bloomberg Government analysts will examine the impact of the 340B Drug program on so-called “safety-net” hospitals,…

Read more