Congress should pass global minimum tax, Yellen says

EUA ficará sem fundos em outubro se não elevar teto da dívida, diz Yellen

A group of 136 countries established a global minimum tax rate for large companies.

Treasury Secretary, Janet Yellensaid on Sunday that he is confident the US Congress will pass legislation to implement the global minimum corporate tax agreed by 136 countries.

Yellen told ABC’s “This Week” program that action requiring the United States to meet the global minimum tax would be included in a so-called reconciliation bill that includes a spending initiative proposed by President Joe Biden.

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About the author: Sarah Gracie

Sarahis a reporter covering Amazon. She previously covered tech and transportation, and she broke stories on Uber's finances, self-driving car program, and cultural crisis. Before that, she covered cybersecurity in finance. Sarah's work has appeared in The Wall Street Journal, Bloomberg, Politico, and the Houston Chronicle.

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