$3 trillion dollar deficit surpasses previous records. In their monthly report last week, the U.S. Department of the Treasury announced the debt left behind as the country sought…
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Mint Director Asks for Help with Coin Shortage
Encourages use of exact change for purchases. In a video posted Monday on Twitter, the Director of the U.S. Mint, David Ryder, called for Americans to help fight…
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IRS Returns Owed Interest
Nearly 14 million taxpayers to receive funds. The Department of the Treasury announced on Thursday that the Internal Revenue Service (IRS) would be returning over $12 million of…
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U.S. Treasury Fines Bank $80M
Information of 106 million users hacked through data breach. This week the U.S. Department of the Treasury fined banking company Capital One $80 million in the wake of…
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President Bans Tiktok
Requires apps to be sold to American companies or will be blocked in U.S. On Thursday, President Trump signed an executive order that would ban the social media…
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Postal Service to Receive $10 Billion Relief Loan
USPS remains “on unstable path,” Postmaster General says. On Wednesday, the U.S. Treasury Department announced that it has reached an agreement to lend up to $10 billion to…
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Potawatomi Nation Requests Additional Federal Coronavirus Aid
Differences between federal and tribal population data cause confusion. As part of the CARES act, the U.S. Treasury Department allocated over $8 billion to indigenous people groups. When…
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Supreme Court Rules for Health Insurers
Federal reimbursements may be as high as $12 billion. In an 8-1 ruling Monday, the Supreme Court said that health insurance companies are owed reimbursement. Through a program…
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Hospitals May Lend Unused Ventilators
President announced new public-private initiative. On Tuesday, President Trump announced a new initiative, which he called the “Dynamic Ventilator Reserve,” during a meeting with healthcare executives at the…
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IRS Begins Depositing COVID-19 Aid Checks
Will continue aid distribution over the following weeks. The IRS announced on Saturday that it had begun the process of distributing millions of checks to Americans in order…
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