Treasury

How Government Spending Fuels Inflation

When debt grows so much that people don’t believe the Treasury will pay it, they sell their bonds and buy other things, sending prices through the roof.

Another Obama Economist Joins Public Chorus of Voices Disparaging Biden’s Handling of Inflation

Former Treasury official Steven Rattner writes in the NYT that the president is being "disingenuous" in his approach to U.S. economic issues.

IRS, Department of Homeland Security Contracted Firm That Sells Location Data Harvested From Dating Apps

The company formerly known as X-Mode is now part of a federal government contractor that sells location data quietly harvested from apps.

55 Federal Agencies Now Tracking Those Who Applied For Religious Exemptions To COVID Vax

Up to 57 policy amendments were drafted by 55 departments under the Biden administration, all seeking to track federal employees who are requesting for different types of exemptions to COVID vaccines, the Liberty Counsel Action (LCA) has found.

National Debt Passes $30 Trillion for the First Time in U.S. History

The national debt rose from almost $28 trillion to $30.01 trillion so far under Biden's first term, according to Treasury data

S&P 500 Closes Out Worst Month Since Start of Pandemic

The S&P 500 just ended its worst month since March 2020 as investors fret about coming interest rate hikes and uncertainty over the situation in Ukraine.

America’s Most Dangerous Unknown Man

The US Senate will soon vote on Federal Reserve Chairman Jerome Powell’s nomination to a second term.

Arizona Sues Biden Admin After They Threaten State Over Funding For Schools Without Mask Mandates

Joe Biden’s Treasury Department wants COVID-19 funding back from Arizona because the state is sending money to districts that don’t have mask mandates — and the state’s Republican governor is taking them to court over it.

19 Federal Agencies Spying on Americans With Religious Exemptions

Departments of Justice, Health, Transportation, Treasury involved

Economy at Tipping Point

It had to happen.

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