Tag: treasury

NEWS

UK Treasury Chief Jeremy Hunt Reverses Nearly All Tax Cut Plans

Treasury chief Jeremy Hunt scraps most of an economic package announced by the UK government just weeks ago. British Chancellor of the Exchequer Jeremy Hunt has reversed most of an economic package announced by the government just weeks ago, saying the country needed to rebuild investor confidence. Hunt said on Monday he was scrapping “almost all” the tax cuts announced […]

NEWS

U.S. Treasury Chief: Biden Considering Gas Tax Holiday, Chinese Tariff Cuts

WASHINGTON — U.S. President Joe Biden is considering declaring a federal gas tax holiday and curbing some tariffs on imported Chinese goods to help Americans cope with the surging cost of consumer goods, Treasury Secretary Janet Yellen said Sunday. “President Biden wants to do anything he possibly can to help consumers,” Yellen told ABC’s “This Week” show. “Gas prices have risen […]