Treasury Sanctions Wagner Group Head in Mali

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…

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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…

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Secretary 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…

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Land 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…

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Treasury 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…

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Treasury 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…

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Military 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…

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Ventris Gibson, Director of the U.S. Mint

Ventris Gibson, Director of the U.S. Mint

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IRS 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…

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Treasury 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…

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