I think Yellen is mistaking lower corporate taxes with her appointments to these "positions of power".
------–
ECONOMY
Yellen says U.S. pushing to end global ‘race to the bottom’ on corporate taxes
PUBLISHED TUE, MAY 4 20215:24 PM EDTUPDATED 38 MIN AGO
Jeff Cox
@JEFF.COX.7528
@JEFFCOXCNBCCOM
KEY POINTS
Treasury Secretary Janet Yellen said she’s encouraged so far by developments in talks with other countries on a global minimum corporate tax.
“We propose to raise the global minimum tax and to close tax loopholes that allow American corporations to shift earnings abroad,” she told the Wall Street Journal’s CEO Council Summit.
The White House has proposed rolling back some of the tax reduction companies got under the Trump administration.
More:
https://www.cnbc.com/2021/05/04/yellen-us-pushing-to-end-race-to-the-bottom-on-corporate-taxes.html