She says that the economy continues to defy recession. During a speech in Boston in early January, Treasury Secretary Janet Yellen said inflation was cooling and that, in…
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DOL Requests Public Input on Retirement Plan Disclosures
Federal agencies are looking at how many and how often workers receive retirement disclosures, as well as their effectiveness. The Department of Labor announced that the Employee Benefits…
Read MoreTreasury Sanctions Two Companies Shipping Commodities for Iran
The entities have funded Islamic extremists in the Middle East. The Department of the Treasury sanctioned two companies this month for secretly exporting Iranian commodities on behalf of…
Read MoreTreasury Department Announces Self-Filed Company Ownership Reports
Companies operating in the U.S. must provide information on who owns them within a year. The Treasury Department began accepting self-filed ownership information reports from businesses after the…
Read MoreJanet Yellen, Secretary of the Treasury
Janet Yellen, Secretary of the Treasury
Read MoreTreasury Secretary Visits Mexico
She wants to enhance trade and curb drug trafficking. On Tuesday, Treasury Secretary Janet Yellen is meeting with Mexican President Andres Manuel Lopez Obrador and Mexico’s Secretary of…
Read MoreIRS Releases Clean Energy Investment Tax Credit
The agency publishes guidance documenting details for investors. The Internal Revenue Service (IRS) has released guidance that outlines the requirements for receipt of the clean energy tax credit.…
Read MoreTreasury Secretary Tours North Carolina Lithium Facility
Highlights clean energy investments made by the Biden administration Secretary of the Treasury Janet Yellen visited a lithium processing facility in North Carolina on Thursday, highlighting steps President…
Read MoreTreasury Coordinates with UK on Sanctions Against Iran, Hamas
The moves are based on the belief that Iran is financially supporting Hamas. The Treasury’s Office of Foreign Assets Control announced a third round of sanctions against Hamas-affiliated officials…
Read MoreInterest on National Debt Now the Top Budget Expense
Treasury data shows interest exceeds $1 trillion per year. Information from the U.S. Treasury Department shows that estimated annualized interest payments on the nation’s debt exceeded $1 trillion…
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