Treasury

Could Pete Buttigieg Resign?

Following the train derailment in Ohio last month, there was something of a groundswell among some Republicans calling for Transportation Secretary Pete Buttigieg to resign. Sen. Marco Rubio (R-FL) was among those calling for that, while a group of House Republicans introduced a resolution, later withdrawn, calling for Buttigieg to step down.

Inspector Generals Say Billions in COVID Relief Funds Were ‘Biggest Fraud in a Generation’

Inspectors General from the Labor Department, Treasury Department, and Small Business Administration (SBA)testified on Covid-19 relief funding to the House Oversight Committee, stating that billions of dollars were lost through "fraud" and "waste" in what was "the biggest fraud in a generation."

Over 42,000 Federal Employees Caught Cheating on Taxes, Owing $1.5 Billion in Unpaid Taxes

An audit has revealed that over 42,000 federal employees have repeatedly failed to file their taxes, owing $1.5 billion in unpaid taxes, with the IRS having little ability to punish them.

Some People Can Expect Medicare Tax Increases Under Next Biden Budget

Some individuals can expect a Medicare tax increase under the new budget proposal scheduled to be unveiled this week by the Biden administration.

Joe Manchin Calls Out Both Political Parties For Worsening National Debt

Sen. Joe Manchin (D-WV) called on his Republican and Democratic colleagues on Thursday to implement a compromise that would decrease the national debt.

Zelensky Warns If Ukraine Loses Americans Will Be ‘Dying’

Ukrainian President Volodymyr Zelensky said if Ukraine loses the war Americans "will have to send their sons and daughters" to fight.

Canada Bans TikTok from Government Devices

TikTok will be automatically removed and blocked from use on all government-issued mobile devices as of February 28.

Treasury Secretary Janet Yellen Says U.S. to Give Billions More to Ukraine

Treasury Secretary Janet Yellen said the United States will be giving Ukraine billions more in aid in the near future.

West Virginia Treasurer Riley Moore Says State Outperformed Blackrock, Other Blacklisted ESG Firms

West Virginia Treasurer Riley Moore said on Wednesday the West Virginia Board of Treasury Investments (WVBTI) outperformed the funds run by BlackRock and other firms blacklisted from doing business with the state the last year for boycotting the fossil fuel industry.

Latter-Day Saints Church Fined Millions for Allegedly Using Shell Companies to Hide Assets

The Church of Jesus Christ of Latter-day Saints, commonly referred to as the Mormon church, has been fined millions of dollars for supposedly hiding the size and scope of its actual investments, which now likely total more than $40 billion.

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