Treasury: Page 32
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SEC in 'risk alert' warns that some ESG funds may mislead investors
The SEC found that some investment companies may have made misleading statements on ESG investing processes and adherence to ESG frameworks.
By Jim Tyson • April 12, 2021 -
Private credit markets poised to rebound: survey
Private credit dealmakers foresee a market resurgence in 2021 following the pandemic-induced setback last year, according to a survey by Katten.
By Jim Tyson • April 9, 2021 -
Most companies will likely link executive pay to environmental targets: ING survey
Spurred on by the pandemic, most companies are accelerating their “green transformation” and plan to tie executive pay to environmental goals, ING said in an ESG survey.
By Jim Tyson • April 7, 2021 -
Yellen urges global policymakers not to withdraw stimulus too quickly
The lesson of the last financial crisis is to keep supporting the global recovery, the Treasury secretary said at the opening of a global economic meeting.
By Jim Tyson • April 6, 2021 -
Yellen pushes for global minimum corporate tax rate
Yellen deplores “a 30-year race to the bottom” in taxation and says a global minimum corporate tax rate would help bolster U.S. competitiveness.
By Jim Tyson • April 5, 2021 -
Retrieved from Twitter.
Benefits of $2T Biden plan won't outweigh tax costs: Tax Foundation
Biden would benefit the economy more by funding his $2 trillion infrastructure plan with federal spending cuts, rather than by raising corporate taxes, the Tax Foundation said.
By Jim Tyson • April 1, 2021 -
SEC threatened with lawsuit by state attorney general over ESG disclosure
West Virginia's attorney general threatens to sue the SEC if it compels companies to file disclosures on environmental, social and governance matters.
By Jim Tyson • March 29, 2021 -
Deep Dive
4 CFO lessons from the pandemic
CFOs are advancing into the second year of a once-in-a-century pandemic with lessons they’ve learned while coping with a broad range of disruptions from COVID-19.
By Jim Tyson • March 26, 2021 -
New York passes law guiding LIBOR transition for $1.9 trillion in debt
New York lawmakers approved legislation clarifying the switch from LIBOR to an alternative reference rate for much of $1.9 trillion in outstanding contracts.
By Jim Tyson • March 26, 2021 -
House panel flags $84 billion in potential fraud in PPP, other coronavirus crisis loans
Fraudulent loans under the PPP and another coronavirus aid program may total nearly $84 billion, with less than 1% recovered so far, according to a U.S. House panel.
By Jim Tyson • March 25, 2021 -
Retrieved from Official White House Photo by Adam Schultz.
Federal watchdog warns of potential crisis in post-pandemic U.S. fiscal health
The Government Accountability Office said U.S. debt, pushed up by $6 trillion in pandemic rescue spending, will hit a record high in 2028, increasing the odds of fiscal crisis.
By Jim Tyson • March 24, 2021 -
MicroStrategy CEO: Treasurers should buy Bitcoin as cash alternative to hedge inflation
Record stimulus is likely to stoke inflation, making Bitcoin an attractive backstop for corporate treasurers, according to Michael Saylor.
By Jim Tyson • March 23, 2021 -
Top Fed official warns banks slow to end use of LIBOR
Federal Reserve Vice Chair Randal Quarles said regulated institutions face “intense” oversight of their transition from the London Interbank Offered Rate (LIBOR).
By Jim Tyson • March 22, 2021 -
Lawmakers propose extending PPP coronavirus rescue aid through May
Legislation introduced in the House and Senate would postpone the deadline for the Payroll Protection Program from March 31 to May 31.
By Jim Tyson • March 15, 2021 -
Restaurants win $28.6B relief fund in Biden's stimulus. Here's how it works.
Though Restaurants Act co-author Rep. Earl Blumenauer said this sum "won't be enough" to get battered restaurants through the year, the program's $5 million loans will be a much-needed shot in the arm for the industry.
By Emma Liem Beckett • March 15, 2021 -
SEC official: Companies avoiding ESG disclosures 'risk higher costs of capital'
Disclosing some ESG-related issues may eventually prove as important for companies as reporting asbestos-related risks, a top SEC official said.
By Jim Tyson • March 13, 2021 -
CFOs see need to overhaul capital strategy amid pandemic 'shock,' EY says
The pandemic has given CFOs a "once-in-a-generation shock," forcing them to completely rethink their capital allocation strategy, an EY survey found.
By Jim Tyson • March 11, 2021 -
Credit risk eases after regulator clarifies sunset of LIBOR, Moody's says
Regulatory clarity on the phase-out of LIBOR has reduced the credit risk tied to billions of dollars in financial contracts, Moody's Investors Service said.
By Jim Tyson • March 9, 2021 -
Deep Dive
CFOs facing an unprecedented range of risks find an edge in analytics
CFOs are adapting to an unusually hazardous business landscape by forecasting with advanced data analytics.
By Jim Tyson • March 8, 2021 -
US tax executives seeing more taxation disputes, survey finds
The economic fallout from the pandemic has prompted U.S. companies to alter their tax strategies and has increased disputes over taxation, according to a BDO survey.
By Jim Tyson • March 2, 2021 -
CFOs optimistic about revenue growth, plan big investments, survey finds
Most CFOs in the U.S. and U.K. plan “significant financial investments” while seeing bright prospects for growth in revenue and the economy, according to a Proxima survey.
By Jim Tyson • Feb. 28, 2021 -
Cloud ERP takes top spot on CFO priority list for IT spending, survey finds
CFOs prioritize cloud enterprise resource planning, while giving lower rankings to artificial intelligence and blockchain/Internet of Things, Gartner says.
By Jim Tyson • Feb. 25, 2021 -
Biden's corporate tax hike would reduce output, jobs, wages, study finds
Biden’s proposed increase in corporate tax would push up the U.S. federal-state combined tax rate to the highest level in the OECD, the Tax Foundation said.
By Jim Tyson • Feb. 24, 2021 -
"Uncharted-ERG_Mapbox-b020" by Mapbox is licensed under CC BY 2.0
CFO aligns incentives using profits interest ownership structure
Executives of affiliated companies can get equity bonuses without triggering a tax obligation.
By Robert Freedman • Feb. 23, 2021 -
Powell says Fed will press on with stimulus, noting inflation persists below 2%
Federal Reserve Chairman Jerome Powell told a Senate committee several factors beyond policy accommodation are increasing asset prices.
By Jim Tyson • Feb. 23, 2021