The investment is intended to address mortgage inflation caused by the housing shortage. Secretary of the Treasury Janet Yellen announced that $100 million in financing is now available…
Read MoreTreasury Secretary Yellen
Treasury Department Proposes Tax Accountability for Business Partnerships
The department moves to address the “basis shifting” of business partnerships to lower tax brackets. The Treasury Department proposed new rules this week to hold high-profile tax evasion…
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Treasury Department Sanctions La Nueva Familia Drug Cartel
Eight entities sanctioned for partnering with cartel to traffic narcotics. The Department of the Treasury announced eight new sanctions this week against Mexico-based entities affiliated with the La…
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Treasury Places Additional Russian Sanctions
Over 300 individuals and entities related to the Russian military industry were targeted ahead of the G7 summit. Secretary of the Treasury Janet Yellen announced over 300 sanctions…
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Administration Releases New Rules for Voluntary Carbon Credits
Improvements were made to carbon offset policies to ensure delivery of claims. President Biden’s administration announced updates to managing voluntary carbon credits this week, strengthening guidelines for the…
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New Sanctions Placed on Russian Chemical Weapons Developers
The U.S. alleges Russia has used chemical weapons in Ukraine. President Biden’s administration announced new sanctions against those involved in Russia’s chemical weapons development programs. The administration alleges…
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IRS Exceeds Taxpayer Assistance Response Goals
Secretary Yellen seeks to maintain Congressional investment. The Internal Revenue Service (IRS) said this week that the agency exceeded its taxpayer response goals for the year. They attribute…
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Secretary Yellen Optimistic Heading into World Bank Meetings
She says, “America’s economic strength will continue to underpin global growth.“ Secretary of the Treasury Janet Yellen began the International Monetary Fund and World Bank meetings with financial…
Read MoreTreasury Secretary Concludes Trip to China
She advocated the continued boycott of Russia during her visit. Secretary of the Treasury Janet Yellen concluded her five-day visit with Chinese Premier Li Qiang this week with…
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Secretary Yellen To Meet with Chinese Counterpart
The financial leader seeks increased communication between the U.S. and China. Secretary of the Treasury Janet Yellen will meet with her Chinese counterpart, He Lifeng, at the World…
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