Treasury

Inflation Debate Hangs Over Stock Market’s Record Run

Some investors think the Federal Reserve will be forced to swiftly raise rates next year to rein in inflation and keep the economy stable

Sen. Barrasso Wants Details of the Financial and Environmental Cost of Sending Biden Administration to Climate Summit

A top Republican senator is demanding answers from the Biden administration about the White House’s decision to send a large number of administration officials to the 2021 United Nations Climate Change Conference (COP26) in Scotland at taxpayers’ expense.

House Build Back Better Bill Includes $600 IRS Reporting Provision

The U.S. House of Representatives on Thursday unveiled the text of the Build Back Better Act, and it includes a provision to require banks to turn account information over to the IRS on accounts with $600 or more in annual transactions.

Thanksgiving 2021 Expected to Be ‘Most Expensive Meal’ in Holiday’s History

The traditional Thanksgiving meal in 2021 is expected to be “the most expensive meal” in the holiday’s history, according to MSNBC.

Dodging the Constitution for a Global Tax

Treasury plans to adopt a new treaty without a proper Senate vote.

FBI Raids Home of Russian Oligarch Oleg Deripaska This Morning in DC – He’s Connected to the Steele Dossier

FBI Agents reportedly swarmed the home of Russian Oligarch Oleg Deripaska this morning in Washington DC.  There’s no mention in today’s reporting of the FBI’s efforts to have Deripaska work for them in 2016.

Pelosi Wants the IRS Sticking Its Nose in All Your Bank Accounts

We’ve previously reported on the incredibly intrusive reporting requirement in the Build Back Better bill — requiring banks to report about any accounts that have transactions...

Biden Admits He Will Have to ‘Build Back Better’ With Less, Is ‘Not Going to Get $3.5 Trillion’

The size of Joe Biden’s much-touted $3.5 trillion Build Back Better economic plan, aimed, among other things, at expanding child care, paid leave, Medicare,...

Pentagon Official Says He Resigned Because US Cybersecurity Is No Match for China

A senior cybersecurity official at the Pentagon said he quit because he thought it was impossible for the US to compete with China on AI.

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