Mercenary leader supports Russian attack on Ukraine. The Department of the Treasury sanctioned the head of the Mali division of the Wagner Group, a Russia-based mercenary group that…
Read MoreTreasury Department
Treasury Updates Debt Ceiling Deadline
Negotiations on the debt ceiling continue between Speaker McCarthy and President Biden. UPDATE: 5/26, 2023, 5:30 PM EST In a letter to Congress, Treasury Secretary Janet Yellen narrowed…
Read MoreSecretary Yellen Reaffirms June 1 Budget Deadline
She presses Congress to strike a deal. Treasury Secretary Janet Yellen wrote another letter to Congress this week, reaffirming that the federal government could run out of money…
Read MoreLand Near Military Bases Off Limits to Foreign Buyers
New rule on barriers proposed by Treasury Department. The U.S. Treasury Department has proposed a new rule that would establish barriers for non-Americans seeking to purchase land near…
Read MoreTreasury Secretary Congratulates New World Bank President
Secretary Yellen voices support for Ajay Banga’s ability to form climate policy. Secretary of the Treasury Janet Yellen congratulated Ajay Banga last week after he was elected president…
Read MoreTreasury Reaches Settlement with British American Tobacco
Resolves alleged violations of U.S. sanctions against North Korea. The Department of the Treasury reached a legal settlement with British American Tobacco (BAT) on Thursday, allowing the company…
Read MoreMilitary Maintenance Funds Often Unused
Auditors say dorms and other buildings could be repaired. A Government Accountability Office (GAO) official has reported that the Department of Defense (DOD) could invest its unused funds…
Read MoreVentris Gibson, Director of the U.S. Mint
Ventris Gibson, Director of the U.S. Mint
Read MoreIRS Answers 2.4 Million More Phone Calls in 2023
An increase in funding results in 5,000 additional staff hired. The Department of the Treasury released updated statistics this week about the performance of the Internal Revenue Service…
Read MoreTreasury Approves Funding for California High-Speed Internet
Part of Capital Projects Fund of American Rescue Plan. The Department of the Treasury has approved $540.2 million for the installation of high-speed internet throughout California. The state…
Read More