Treasury Secretary Yellen's tax hike pitch swiftly rejected by Chamber of Commerce

Treasury Secretary Janet Yellen on Tuesday pitched President Biden’s push to increase corporate taxes to an unlikely audience: the U.S. Chamber of Commerce.

It didn’t go over well.

Ms. Yellen’s call to “fundamentally reform” the corporate tax system to pay for infrastructure spending was book ended by comments from Chamber President and CEO Suzanne Clark pushing back against higher tax rates.