Janet Yellen. Photographer: Greg Nash/The Hill/Bloomberg
For U.S. Treasury Secretary Janet Yellen, there's one stinging omission from the compromise legislation agreed to last week by Senator Joe Manchin and Majority Leader Chuck Schumer. Tax changes included in the bill fail to bring the U.S. in line with a global deal championed by Yellen and backed last year by almost 140 countries, which aims to reshape the way multinational companies are taxed around the world.
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