Treasury

U.S. Treasury Secretary Janet Yellen acknowledged in a CNBC interview that the Biden administration's pandemic stimulus spending may have contributed “a little bit” to inflation.

The U.S. Department of Treasury sanctioned entities in Iran and Russia over interference in the 2024 General Election.

The Treasury Department revealed that it was breached by Chinese hackers in what has been described as a "major cyber security incident."

"Two roads diverged in a yellow wood And sorry I could not travel both And be one traveler, long I stood And looked down one as far...

U.S. stocks fell sharply on Wednesday, erasing earlier gains after the Federal Reserve announced a 25 basis point rate cut and projected a slower pace of rate reductions for next year.

Congress is preparing to vote on legislation that would restrict U.S. investments in China as part of a broader government funding bill, lawmakers announced Tuesday.

Attorney General Merrick Garland is under scrutiny from Congress as Republican lawmakers ramp up investigations into his Department of Justice (DOJ) over an alleged coverup tied to the Crescent Dunes solar energy project in Nevada. The project, which received hundreds of millions in federal grants during the Obama administration, has been plagued by technical failures, financial troubles, and environmental concerns. Now, questions are being raised about the DOJ’s involvement in a qui tam lawsuit that was abruptly dismissed after initially being supported by the government.

President-elect Donald Trump is looking to privatize the U.S. Postal Service, according to a report from The Washington Post. Sources familiar with the development told the publication that Trump discussed the matter with Commerce Secretary pick Howard Lutnick.

A damning report from the House Judiciary Committee and the Select Subcommittee on the Weaponization of the Federal Government alleges that federal agencies under the Biden-Harris administration are exploiting the Bank Secrecy Act (BSA) to conduct warrantless surveillance of Americans' financial activities. The investigation reveals that federal law enforcement agencies, particularly the FBI, have used financial institutions to bypass constitutional safeguards and obtain sensitive data.

The United States announced on Tuesday that it has allocated $20 billion in funding for Ukraine, utilizing proceeds earned from frozen Russian assets. The funds are part of a larger $50 billion support package coordinated by the Group of Seven (G7) nations. This financial boost comes just 40 days before President Joe Biden is set to leave office, raising questions about the future of U.S. support for Ukraine under President-elect Donald Trump.