The agency publishes guidance documenting details for investors. The Internal Revenue Service (IRS) has released guidance that outlines the requirements for receipt of the clean energy tax credit.…
Read MoreDeputy Treasury Secretary Wally Adeyemo
Treasury Approves Funding for High-Speed Internet Installations
$167 million will update infrastructure to connect 20,000 homes and businesses. The Department of the Treasury recently announced the release of $167.7 million for the development of high-speed…
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Low-Income Community Credit Program Launched
Treasury Department rule encourages the construction of clean energy facilities for lower energy costs. The Department of the Treasury issued a final rule and guidance for its new…
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First Awardees for Minority Business Assistance Chosen
Treasury Department distributes $57 million to 12 states for small business support programs. The Department of the Treasury announced the first awardees of their technical assistance grant for…
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Treasury Department Releases Data on Pandemic Recovery Fund
State and Local Fiscal Recovery Funds supported local government projects and services. The Department of the Treasury released its data recording the use of the American Rescue Plan…
Read MoreWally Adeyemo, Deputy Secretary of the Treasury
Wally Adeyemo is Deputy Secretary of the Treasury. He had previously served as the Deputy National Security Advisor for Academics, as well as the Deputy Director of the…
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Treasury Releases Final Guidance for Coal Town Transition Credits
The department gives a 10% tax credit boost to domestic “energy communities”. The Department of the Treasury released its final guidance for clean energy project tax credits solidifying…
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Treasury Department Awards $690 Million for Rental Assistance
Funds are being distributed to 89 state and local grantees. The Department of the Treasury released an additional $690 million for rental assistance through their Emergency Rental Assistance…
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Treasury Department Thwarts Russian Hackers
Shifts in cyber threat strategy appear to be effective. The Treasury Department confirmed this week that they successfully fended off cyber attacks likely made by a pro-Russia hacker…
Read MoreWally Adayemo, Department of the Treasury
Wally Adayemo is United States Deputy Secretary of the Treasury. He plays a primary role in the formulation and execution of treasury policies and programs in all aspects of…
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