us treasury

Debt Limit Crisis Could Come As Early As June, According To Some Economists

It's more likely to happen later in the summer, they say, but the Treasury may find out in April that there are only weeks left to act.
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Happy Tax Day! Even The Treasury Department Thinks The IRS Is Terrible.

The Biden administration wants more IRS funding to boost tax collection and improve service.
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Democrats Increase Debt Limit By $2.5 Trillion To Last Until After Midterms

This will end a partisan game of chicken that has threatened Americans' Social Security checks and veterans' benefits.
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Janet Yellen Confirmed As First Woman Treasury Secretary

Yellen previously served as the chair of the Federal Reserve.
By Reuters

U.S. Cybersecurity Agency Warns Of 'Grave' Threat From Hackers

Officials did not say which agencies or infrastructure had been breached or what information taken in a March attack.
By Ben Fox, AP

Trump Says U.S. Should Get A TikTok Deal Cut, Because 'That's The Way I Think'

The president's demand that the government be paid by TikTok's Chinese owner or a potential American buyer is "probably illegal and unethical," an expert said.
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Auntie Maxine Shuts Down Mansplaining Mnuchin

Treasury Secretary Steven Mnuchin tried to mansplain Rep. Maxine Waters (D-C.A.) during a committee hearing. It didn’t go well for him.
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Justice Department Blindsided Banking Agency On Marijuana Reversal: Report

Critics said the Justice Department’s decision could drive banks out of the cannabis industry.
By Sarah N. Lynch, Reuters

Trump Administration's Shift on Marijuana Could Imperil Banking Arrangements

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U.S. Sanctions Chechen President Kadyrov

In addition, the U.S. Treasury is sanctioning four Russians under a U.S. law known as the Magnitsky Act.
By Reuters