Daniel Werfel served in the IRS under President Obama. Secretary of the Treasury Janet Yellen has voiced her support of President Biden’s nomination of Daniel Werfel to the…
Read MoreTreasury Secretary Yellen
Treasury Secretary Speaks at Ohio Manufacturing Event
She also held a manufacturing roundtable. Treasury Secretary Janet Yellen traveled to Cleveland on Thursday to continue to promote the focus of President Biden’s administration on domestic manufacturing.…
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Secretary Yellen Meets with European Finance Ministers
Discussions include projections for European economic outlook. Secretary of the Treasury Janet Yellen met with Eurogroup members last week to discuss the United States’ perspective on current European…
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Treasury Seeks Public Input for Climate Tax Breaks
Feedback is requested on the use of the $270 billion allocation. The Treasury Department published a request for public input this past week, seeking insights on how best…
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Treasury Department Sanctions Ties to Iranian Suppliers
International company network concealing origins of petroleum shipments. The Office of Foreign Assets Control (OFAC) at the Department of the Treasury has sanctioned an international group of countries…
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Administration Focuses on Cryptocurrency Regulation
Federal departments implement actions to curb fraud and money laundering. Administration officials spoke last week about the publishing of reports identifying gaps in cryptocurrency regulation. The reports call…
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Treasury Department Reports $220 Billion August Deficit
The number is 29% higher than August of 2021. This week, the Treasury Department posted the U.S. government’s receipts for August 2022, reporting a $220 billion budget deficit.…
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Treasury Secretary Says Gas Prices Could Spike Again
Oil prices are on the increase. Oil prices rose Monday as supply concerns are mounting heading into the winter months. Although gasoline at the pump has gone down in…
Read MoreIRS Admits Website Exposure of Confidential Information
Officials say leaked taxpayer data did not include social security numbers. The Internal Revenue Service has acknowledge that private taxpayer information was accidentally disclosed on its website earlier…
Read MoreSecretary Yellen Gives Economic Policy Speech in Detroit
Touts investments into “forgotten and overlooked” industry communities. Treasury Secretary Janet Yellen gave a speech in Detroit, Michigan, on Thursday in support of the strategies of President Biden’s…
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