Congress urged to move quickly. Treasury Department officials urged Congress to increase the federal borrowing limit this summer. Otherwise, the federal government could run out of cash, much…
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Treasury Secretary Hints at Interest Increases
Expects the Federal Reserve to maintain economic stability. On Tuesday, Secretary of the Treasury Janet Yellen indicated that national interest rates might have to increase due to the…
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Over 156 Million Stimulus Payments Distributed
Treasury Department reports roughly $372 billion distributed. The Treasury Department announced on Wednesday that it has recently surpassed 156 million payments to individuals as a part of the…
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Corporate Tax Plan Unveiled
It would pay $2 trillion toward spending packages. On Wednesday, Treasury Secretary Janet Yellen introduced a plan to pay for the president’s $2 trillion spending package by raising…
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Treasury Secretary Virtually Attends G7 Finance Meeting
Provides assurance of U.S. commitment to international support for allies. On Friday, Treasury Secretary Janet Yellen virtually attended the G7 finance meeting with international finance ministers and central…
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Treasury Resumes Plans for $20 Bill Change
President Andrew Jackson to be replaced. The White House Press Secretary, Jen Psaki, said this week that the Treasury Department will resume plans to put Harriet Tubman’s image…
Read MoreJanet Yellen Confirmed as Treasury Secretary
Brings previous experience from Federal Reserve and Economic Council. On Monday evening, the Senate voted to confirm Janet Yellen as the nation’s first woman to serve as Treasury…
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Congress Passes Historic Anti-Corruption Legislation
Included in the defense bill is a provision that bans anonymous shell companies. The defense bill that Congress recently passed, which overrode the president’s veto, includes new legislation…
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House Passes Increased Direct Payments to Americans
The Senate’s vote on the additional COVID relief is uncertain. On Monday, the House of Representatives voted overwhelmingly to pass an increased direct payment to Americans. President Trump…
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U.S. Imposes Sanctions Against Argentina
The tech company provided Maduro with election machines. Argentinian-owned tech company Ex-Cle created and supplied the Venezualen Maduro government with the voting machines used in what was considered…
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