Treasury

Retired FBI Agent Who Led Trump-Russia Probe Arrested for His Own Ties to Russian Oligarch

Charles McGonigal (57), a former senior FBI counterintelligence official who led the Trump-Russia probe, has been arrested and charged with violating U.S. sanctions by agreeing to provide services to Oleg Deripaska, a sanctioned Russian oligarch.

Biden Continues to See Low Approval Ratings Despite Midterm Results

President Joe Biden witnessed some of the lowest approval ratings of his administration despite moderating price levels and the Democratic Party avoiding severe midterm losses, according to a new poll from Reuters.

Treasury Secretary Janet Yellen Calls House Republicans ‘Irresponsible’ For Wanting Spending Cuts Amid Debt Ceiling Battle

Treasury Secretary Janet Yellen asserted on Saturday that House Republicans attempting to negotiate spending cuts amid the renewed debt ceiling battle are “very irresponsible.”

IRS Having Trouble Hiring People Who ‘Are Able to Pass Background Checks’ After Biden Admin Calls for 87,000 New Agents

Out of more than 565,000 job applications received until early October, the IRS only recruited around 19,000 workers.

IRS Has ‘Not Yet Finalized’ How Middle Class Will Be Affected by $80 Billion Windfall

A report from the Internal Revenue Service released last week indicated that officials are devoting much of the agency’s recent funding windfall toward audits even as the degree to which the actions will impact everyday taxpayers remains uncertain.

IRS Hasn’t Planned Details of How $80 Billion Windfall With Affect Middle Class

The Internal Revenue Service (IRS) does not yet know the details of how the Biden admin's approval of an $80 billion windfall will affect middle-class audits.

U.S. Treasury Buys Time for Biden and GOP on Debt Limit Deal

The U.S. government bumped up against its debt limit Thursday, prompting the Treasury Department to take “extraordinary” accounting steps to avoid default — as friction between President Joe Biden and House Republicans raised concern about whether the U.S. can sidestep an economic crisis.

U.S. to Hit $31.4 Trillion Debt Ceiling Next Week, Biden Admin Warns While Pushing Congress to ‘Act Promptly’ to Increase or Suspend Limit

On Friday, Treasury Secretary Janet Yellen wrote a letter to congressional leaders warning that the U.S. would hit its debt limit on January 19 and encouraged Congress to "act promptly to protect the full faith and credit of the United States," CNBC reported.

GOP Launches Probe into Biden Family’s Business Deals and Influence Peddling

House Republicans open investigation into Joe Biden and his family regarding their foreign business practices, international influence peddling schemes, and suspected suspicious activities.

Trump Tax Returns Released

House Ways and Means Committee releases Trump's tax returns from 2015-2020 after legal battle to investigate potential violations of Constitution's emoluments clauses and proper auditing by IRS.

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