Treasury

Biden: Will ‘Work Like Hell” to Pass Infrastructure, Social Spending Bills; Pelosi Sets Oct. 31 Deadline

President Joe Biden said on Saturday he was going to "work like hell" to get both an infrastructure bill and a multi-trillion-dollar social spending bill passed through Congress and plans to travel more to bolster support with Americans.

‘There’s no control’: Border chaos invades America’s heartland

Iron County in Utah is about the furthest thing from a border community.

China deems all cryptocurrency transactions illegal

China's central bank declared on Friday that all cryptocurrencies are illegal, banning crypto-related transactions and cryptocurrency mining, according to Reuters.

GOP Moves To Block Cash to Iran Through Defense Authorization Bill

Provisions would prevent sanctions relief and expose Iran's malign activities.

Biden’s Wrecking Ball for Financial Privacy

The Biden administration is seeking to compel banks to report to the IRS any bank account with more than $600 in transactions per year. This proposal is a linchpin of Biden’s American Families Plan, and will supposedly help generate almost $500 billion in federal revenue over the next decade.

The Treasury Department’s lucrative revolving door

A lot of government agencies can propel their public-sector employees into high-paying private-sector gigs. Sitting squarely at the top of the list is the Treasury Department.

Senators concerned banks could discriminate against Americans based on political views

Some financial terminations due to 'reputational risk' Senators Marco Rubio (R-FL) and Kevin Cramer (R-ND) sent a letter to U.S. Department of the Treasury on...

$3,586,456,000,000: Federal Tax Collections Set Record Through August

The federal government collected a record $3,586,456,000,000 in total taxes through first eleven months of fiscal 2021 (September through August), according to the Monthly Treasury Statement.

Wealthiest Americans dodging $163B in taxes annually, Treasury says

Report also said the IRS is 'understaffed' and utilizing 'outdated technology'

Survey of small businesses finds optimism falling as Democrats push for tax hikes

Optimism among small business owners has plummeted as Democrats race to raise taxes amid rising inflation, according to a new poll by a right-leaning...

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