After finance ministers from the world's 20 largest economies finished up a meeting in Venice, Italy, on Saturday by agreeing to support a proposal that would impose a global minimum tax of at least 15 percent, Treasury Secretary Janet Yellen said she's "very optimistic" that Congress will pass bills necessary to implement the deal stateside, Bloomberg reports.
Republicans, and some Democrats, remain skeptical of the plan and still intend to fight it, The New York Times writes. Rep. Kevin Brady (R-Tex.), for instance, said his expectation is that if and when the agreement is finalized it will provide advantages for "foreign companies and workers over American ones."
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