Live Breaking News & Updates on வாஷிங்டன் போஸ்ட் ஜேனட்

Stay updated with breaking news from வாஷிங்டன் போஸ்ட் ஜேனட். Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Janet Yellen faces critical choice for global economy, poor nations rocked by coronavirus

Janet Yellen faces critical choice for global economy, poor nations rocked by coronavirus
Jeff Stein, David J. Lynch
© Demetrius Freeman/The Washington Post
Janet L. Yellen, former Fed chair and Biden s pick to lead the Treasury Department, speaks in Wilmington on Dec. 1.
An International Monetary Fund proposal to approve emergency financial backing for nations reeling from the devastating economic impact of the coronavirus has the support of the overwhelming majority of its 189 member countries.
But for months, the initiative has been blocked almost single-handedly by the Trump administration, which has used effective U.S. veto power over IMF decisions to reject the international consensus. ....

United States , North Korea , Capitol Hill , District Of Columbia , World Bank , South China Sea , Brunei General , Islamic Republic Of Iran , Adam Smith , Demetrius Freeman , Mark Weisbrot , Nicolas Maduro , Kristalina Georgieva , Jack Lew , Mike Pompeo , Janet Yellen , Gina Raimondo , Richardj Durbind Ill , Georgew Bush , Adewale Wally Adeyemo , Janetl Yellen , Steven Mnuchin , Joseph Stiglitz , Gibson Dunn , David Beasley , International Monetary Fund ,

Two Biden aides will recuse on BlackRock issues as past ties pose questions

Two Biden aides will recuse on BlackRock issues as past ties pose questions
Yeganeh Torbati
© Lucas Jackson/Reuters
In 2013, the asset management firm BlackRock unleashed a lobbying blitz to carpet-bomb a new Treasury Department agency, pushing federal regulators away from tightening requirements on its massive business lines.
In 2019, the company won again when the Trump administration cemented an approach that would essentially exempt large companies such as BlackRock from more scrutiny.
Now, however, the New York firm with $7.8 trillion in assets under management could face its biggest threat yet, with Democratic control of the White House and influential figures on the left bent on breaking Wall Street apart. ....

New York , United States , France General , White House , District Of Columbia , Brian Deese , Jeff Zients , Demetrius Freeman , Larry Fink , Craig Phillips , Blackrock Barbara Novick , Joe Biden , Dennis Kelleher , William Daley , Wally Adeyemo , Johnf Kerry , Michael Nagle Bloomberg , Janet Yellen , John Kerry , Rube Goldberg , Rahm Emanuel , Rosemary Boeglin , Marcus Stanley , Barack Obama , Simon Dawson Bloomberg Blackrock , Valerie Jarrett ,