Janet Yellen, nominated for Secretary of the Treasury, has said that wants to reverse some of the offshoring incentives available in the tax bill passed by President Donald Trump in 2017. He has expressed interest in returning taxes to households and also making American businesses competitive on the global stage.
He S&P 500 is trading above 3,780 but falling from highs as Yellen hints at tax changes.
Yellen has also stated that President-elect Joe Biden is interested in incentivizing electric cars and infrastructure. The former chair of the Federal Reserve has added that climate change is a critical problem.
.
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.
