She reviews the implementation required for the Treasury’s financial inclusion strategy. Secretary of the Treasury Janet Yellen spoke at a meeting of the Financial Literacy and Education Commission…
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IRS Releases Final Rule for Clean Energy Manufacturing Tax Credit
The agency clarifies incentives for domestic solar and wind energy component production. The Internal Revenue Service (IRS) has released its final rules for manufacturing companies applying for tax…
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Treasury Offers $498 Million to Low-Income Housing Projects
The funding will provide long-term fixed-rate capital for large-scale construction. The Treasure Department announced $498 million in fixed-rate capital for housing in low-income urban, rural, and Native communities,…
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Vice President Announces Investment in Tribal Small Business Program
The funding will provide capital and technical assistance for start-up companies. Vice President Kamala Harris recently announced that the Department of the Treasury has approved over $500 million…
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Treasury Expands Sanctions on Iranian Petroleum Industry
Department responds to Iran’s second direct attack on Israel. The Department of the Treasury expanded its sanctions against Iran’s oil and petroleum industry on Friday, responding to the…
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Nearly Half of States to Participate in IRS’ Direct File in 2025
The free online service will be available to more than 30 million in 2025. The Internal Revenue Service (IRS) announced that over 30 million taxpayers are eligible for…
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Treasury Imposes More Hamas-Related Sanctions
The department marks the anniversary of October 7th by sanctioning the terrorist group’s funding network. The Treasury Department imposed sanctions against parts of Hamas’ funding network on Monday,…
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Treasury Reports 49 Million Now Enrolled in ACA Health Insurance
The program has reached the highest level of enrollment since it began. The Treasury Department recently reported that one in seven Americans, a total of 49.4 million enrollees,…
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Treasury Proposes Minimum Tax Rate for Billion Dollar Companies
The department would implement a 15 percent standard. The Treasury Department announced that it is considering a new tax policy that would require a 15 percent minimum profit…
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Federal Agencies Strengthen Mental Health and Substance Abuse Care Access
Departments of Labor, Treasury, and Health and Human Services intend to remove barriers to treatment. The president’s administration has introduced new rules to improve access to mental health…
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