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…
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Secretary 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…
Read MoreTreasury Secretary Expects EU to Further Aid Ukraine
Secretary Yellen attends bank meetings Thursday and Friday. Treasury Secretary Janet Yellen traveled to Germany and Poland this week to meet with G7 finance ministers and central bank…
Read MoreTreasury Secretary Convenes Global Finance Meeting
Recommits increasing infrastructure investments in developing countries. Secretary of the Treasury Janet Yellen brought together leaders of multilateral development banks (MDBs) last week to discuss how to increase…
Read MoreSecretary Yellen Walks Out of G20 Meeting
Others join her as Russian delegate speaks. The top officials from the U.S., Canada, and Britain walked out of Wednesday’s G20 meeting as Russian representatives spoke. Their move…
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