Chairman Powell says efforts to reduce inflation will “bring some pain.” Members of the Federal Reserve have been meeting in Jackson Hole, Wyoming, and on Friday, Chairman Jerome…
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$750 Million in Small Business Credit Approved
Treasury Department approved funds for the states of New York, Colorado, Oregon, and Montana. The Department of Treasury recently announced the approval of four state plans for small…
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IRS Given Deadline for Overhaul
Treasury Secretary wants a plan within six months. Secretary of the Treasury Janet Yellen asked the Internal Revenue Service to develop an operational plan for deploying the $80…
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Secretary Yellen Prepares IRS for Inflation Act Policy
She says the budget increase will not impact middle-class tax audits. Secretary of the Treasury Janet Yellen sent a letter to the Internal Revenue Service (IRS) last week…
Read MoreSecretary Yellen Calls for Less Reliance on Chinese Trade
Supports strengthening supply chain with allies. The Department of the Treasury released excerpts from a speech that Treasury Secretary Janet Yellen gave in South Korea on Tuesday. The…
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President Biden Appoints U.S. Treasurer
Position had been vacant for over two years. President Joe Biden has announced the appointment of Marilynn Malerba to the position of U.S. Treasurer, filling a position that…
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IRS To Clear 2021 Backlog This Week
Treasury secretary calls for additional funding as the service continues to struggle. The Internal Revenue Service (IRS) said on Tuesday that, by the end of this week, they…
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Secretary Yellen to Visit Rosebud Sioux Tribe
The first time any Treasury Secretary visits Tribal nation. The Treasury Department has announced that Treasury Secretary Janet Yellen will be visiting the Rosebud Sioux Tribe next week.…
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Treasury Announces Broadband State Awards
COVID-19 aid program finally kicks into gear. The Department of the Treasury announced the launch of the Coronavirus Capital Projects Fund on Tuesday, a program created to improve…
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Individual Income Taxes Surge
Will go higher as previous administration’s tax cuts expire. Americans are now paying the most in individual income taxes ever. According to a new budget analysis presented to…
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