Fatima Hussein

Stay informed with Fatima Hussein’s coverage and analysis for Fortune.

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  • FILE – A portion of the 1040 U.S. Individual Income Tax Return form is shown July 24, 2018, in New York. The IRS has been tasked with looking into how to create a government-operated electronic free-file tax return system for all. Congress has directed the IRS to report in on how such a system might work. (AP Photo/Mark Lennihan, File)Personal Finance

    Taxpayer advocates want the IRS to offer a free electronic tax-filing system. Intuit and H&R Block have spent millions lobbying against it

    By Fatima Hussein and The Associated Press
  • Workers who are contracted to feed World Bank employees through a firm called the Compass Group, protest for higher wages and affordable healthcare benefits, Wednesday, April 12, 2023, outside of the World Bank in Washington. (AP Photo/Mariam Zuhaib)Finance

    The World Bank’s mission is to fight poverty. Workers at its headquarters are striking because they’re struggling to make ends meet

    By Fatima Hussein and The Associated Press
  • Russian President Vladimir Putin meets with Russian Health Minister Mikhail Murashko at the Kremlin in Moscow, Russia, Friday, April 7, 2023. (Mikhail Klimentyev, Sputnik, Kremlin Pool Photo via AP)Politics

    America has a message for countries and companies still doing businesses with Russia: You’re with us or against us

    By Fatima Hussein and The Associated Press
  • FILE – Daniel Werfel testifies before the Senate Finance Committee during his confirmation hearing to be the Internal Revenue Service Commissioner, Feb. 15, 2023, in Washington. The IRS released details Thursday, April 6, on how it plans to use the $80 billion it’s getting to improve operations, promising investments in new technology, hiring more customer service representatives and expanding its ability to audit high-wealth taxpayers. Contrary to unfounded alarmist talk from Republicans, it won’t include spending for new IRS agents with guns, says IRS Commissioner Daniel Werfel. (AP Photo/Mariam Zuhaib, File)Finance

    The IRS plans to use its $80 billion windfall to update their tech and audit more rich people

    By Fatima Hussein and The Associated Press
  • FILE – In this image taken from video, Managing Director Kristalina Georgieva of the International Monetary Fund speaks at the opening ceremony of the Boao Forum for Asia in Boao in southern China’s Hainan Province, March 30, 2023. The International Monetary Fund chief is warning the world economy is expected to grow less than 3% in 2023, down from 3.4% last year, increasing the risk of hunger and poverty globally. Kristalina Georgieva said Thursday growth is expected to remain around 3% for the next five years, calling it “our lowest medium-term growth forecast since 1990.” (AP Photo/Dake Kang, File)Finance

    The IMF warns that the next 5 years will have the slowest growth since 1990 and it could be a ‘severe blow’ to the world economy

    By Fatima Hussein, Josh Boak, and others
  • Joe ManchinPolitics

    Manchin says it’s ‘horrific’ that Janet Yellen’s Treasury just put $7,500 EV tax credits out of reach for millions of Americans

    By Tom Krisher, Fatima Hussein, and others
  • Hand of a senior citizen.Politics

    Social Security and Medicare face a major financial shortfall in the next decade that will put millions of seniors in a huge bind

    By Amanda Seitz, Fatima Hussein, and others
  • WASHINGTON, DC – MARCH 29: U.S. President Joe Biden makes brief remarks while hosting Argentinian President Alberto Fernandez for a meeting in the Oval Office at the White House on March 29, 2023 in Washington, DC. The two leaders are meeting on the sidelines of the second, mostly-virtual Summit for Democracy after a previously planned meeting was postponed last year when Biden tested positive for COVID-19. (Photo by Chip Somodevilla/Getty Images)Finance

    After bank failures, Joe Biden raises the alarm to restore ‘common-sense’ rules that Donald Trump weakened

    By Fatima Hussein, Josh Balk, and others
  • Barack Obama and Janet YellenFinance

    Janet Yellen called up Hank Paulson with the banking system on the brink. ‘It’s really hard to stop or even slow down a bank run,’ he said.

    By Fatima Hussein and The Associated Press
  • Janet Yellen, US Treasury secretary, speaks during a Senate Finance Committee hearingFinance

    Janet Yellen tries to project calm after bank failures: ‘The situation is stabilizing’

    By Fatima Hussein and The Associated Press
  • Janet YellenFinance

    Janet Yellen insists the banking system ‘remains sound’ days after 2 of the 3 largest bank failures in American history

    By Fatima Hussein and The Associated Press
  • Jerome PowellFinance

    ‘It’s inexplicable’: Critic rips Fed for missing SVB risk with Wall Street ‘publicly screaming about these very issues for many, many months’

    By Christopher Rugaber, Fatima Hussein, and others
  • U.S. President Joe Biden delivers remarks on stageFinance

    Joe Biden’s ability to avert SVB contagion will test his claim that his administration represents competence in contrast to Trump’s chaos

    By Seung Min Kim, Fatima Hussein, and others
  • Andrew Adams, director of the Justice Department’s KleptoCapture task force, designed to enforce the economic restrictions imposed on Russia and its billionaires, speaks to the Associated Press in an interview at the AP bureau in Washington, Wednesday, March 1, 2023. (AP Photo/Andrew Harnik)Finance

    U.S. turns up its economic war on Russian oligarchs with harsher tools

    By Fatima Hussein and The Associated Press
  • FILE – Daniel Werfel testifies before the Senate Finance Committee during his confirmation hearing to be the Internal Revenue Service Commissioner, Wednesday, Feb. 15, 2023, on Capitol Hill in Washington. (AP Photo/Mariam Zuhaib, File)Finance

    The Senate just confirmed a new IRS chief who promised to lay off audits for households making less than $400,000 a year

    By Fatima Hussein and The Associated Press