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Yellen Sets Out Rough Timeline for Congress on Global Tax Deal

  • Hopes for Congress to address pillar 1 in spring 2022
  • Treasury chief avoids query on whether treaty vote required

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WATCH: Yellen began to put a timeline on when the Biden administration hopes Congress can take up two key portions of a global tax agreement endorsed by G-7. Tony Czuczka reports.(Source: Bloomberg)
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U.S. Treasury Secretary Janet Yellen began to put a timeline on when the Biden administration hopes Congress can take up two key portions of a global tax agreement endorsed Saturday by Group of 20 finance ministers in Venice.