The White House has started tearing down part of the East Wing to build the ballroom President Donald Trump wants added to the building.
The Trump administration has imposed sanctions on a group of 50 people, companies and ships largely out of the United Arab Emirates, Hong Kong and China.
The U.S. imposes new sanctions on firms and individuals linked to Iran's missile and military aircraft production.
A New York judge has relaxed a ban she'd put on Elon Musk’s Department of Government Efficiency preventing it from accessing sensitive U.S. Treasury Department information.
The United States is on track to hit its statutory debt ceiling — the so-called X-date when the country runs short of money to pay its bills— as early as August without a deal between lawmakers and the White House.
A federal judge in Manhattan has extended a ban on Elon Musk’s Department of Government Efficiency accessing sensitive Treasury Department information, but rejected broader restrictions sought by 19 Democratic state attorneys general who sued over the issue.
A federal judge has left intact a ban that prevents Elon Musk’s Department of Government Efficiency from accessing Treasury Department records containing sensitive personal data for millions of Americans, though she made clear that Treasury Secretary Scott Bessent is exempt.
The U.S., U.K. and Australia have sanctioned a Russian web-hosting services provider and two Russian men who administer the service in support of Russian ransomware syndicate LockBit.
The Department of Government Efficiency’s embed into the federal government has raised a host of concerns, transforming a debate over how to cut government waste into a confrontation over privacy rights and the nation’s financial standing in the world.
A coalition of labor unions filed a lawsuit Monday asking a federal court to stop Elon Musk’s team from accessing private data at the Education Department, the Treasury Department and the Office of Personnel Management.
A federal judge has blocked Elon Musk’s Department of Government Efficiency from accessing Treasury Department records that contain sensitive personal data such as Social Security and bank account numbers for millions of Americans.
Democratic lawmakers are seeking a Treasury Department investigation of the access that Elon Musk’s team was given to the government’s payment system.
A Treasury Department official has written a letter to federal lawmakers saying that a tech executive working with Elon Musk’s “Department of Government Efficiency” will have “read-only access” to the government’s payment system.
The Supreme Court has revived a requirement that owners of millions of small businesses register with an arm of the Treasury Department under an anti-money laundering law.
Labels on wine, distilled spirits and malt beverages in the U.S. would be required to list alcohol content and nutritional information per serving, plus notification of potential allergens, under two new rules proposed Thursday by the Treasury Department.
An investigation is underway after a Secret Service agent working on protective assignment outside Treasury Secretary Janet Yellen’s house fired a weapon following a confrontation with the occupants of a sedan.
U_S_ Treasury official Jay Shambaugh says withdrawing the U_S_ from the IMF and World Bank would be “a step backward."
The Biden administration is moving to clarify how homeowners and businesses can receive lucrative tax credits for installing electric vehicle chargers.
The IRS says more than 140,000 taxpayers filed their taxes through its new direct file pilot program.
More than 100 people protesting the Pennsylvania state government’s investments in Israel were taken into custody in the Capitol Rotunda in Harrisburg.
The Treasury Department is spelling out the rules for tax credits designed to stimulate production of sustainable aviation fuel.
The United States has announced new war-related of sanctions against Hamas, targeting eight officials and representatives who help manage the militant group’s financial network.
Treasury Secretary Janet Yellen has announced economic sanctions against 15 people and two companies that the United States says are linked to a Mexican drug cartel.
Treasury Secretary Janet Yellen is heading to Mexico this week, a trip announced shortly after her agency created a new strike force to help combat illicit fentanyl trafficking.
The U.S. Treasury Department has imposed a new round of sanctions against a group of 20 people and firms who are allegedly involved in a financial facilitation network for the benefit of the Iranian military.
U.S. Treasury Secretary Janet Yellen is suggesting that a ransomware attack that forced China’s biggest bank to take some systems offline only minimally disrupted the U.S. Treasury market.
The Biden administration is taking aim at the fentanyl trafficking threat, announcing a series of indictments and sanctions against Chinese companies and executives blamed for importing the chemicals used to make the deadly drug.
The IRS says it is ending its decades-old policy of making unannounced home and business visits — in a an effort to keep its workers safe and combat scammers who pose as IRS agents.
The U.S. is sanctioning a network of people and firms from Iran, China and Hong Kong associated with the alleged development of Iran’s ballistic missile program.
Thanks to a boost from the government, leasing — not buying — is becoming the most affordable way to get your hands on an electric vehicle.
A defiant House Speaker Kevin McCarthy says the debt ceiling standoff is “not my fault” after he sent Republican negotiators to the White House to finish out debt limit talks.
Proposals to raise the nation's debt limit include spending cuts to coronavirus relief funds that haven't been used.
House Republicans still don’t have a deal with President Joe Biden to raise the nation’s debt ceiling a little more than a week away from a potentially catastrophic default.
The IRS is taking steps to protect the identity of its workers in an effort to deter personal threats aimed at the tax agency's employees.
President Joe Biden and his administration have been searching for ways he might act unilaterally to avoid an economic “calamity” if Congress can’t reach agreement to allow more federal borrowing.
Treasury Secretary Janet Yellen says that in her opinion, the United States should adopt a different system for national finances that might forestall repeated standoffs with Congress over spending.
The United States has sanctioned a son of Mexican drug lord Joaquin “El Chapo” Guzman, three members of the Sinaloa cartel and two Mexican-based firms, alleging they trafficked fentanyl and other drugs into the U.S. Tuesday's sanctions came the day Mexican President Andrés Manuel López Obrador talked with President Joe Biden about immigration and the fentanyl crisis.
In January, the U.S. government ran up against its legal borrowing capacity of $31.381 trillion, and the Treasury Department began implementing “extraordinary measures” to avoid a default.
A Russian arms dealer, his son and a group of front companies across Asia, Europe and the Middle East and their leadership have been targeted for U.S. sanctions in an effort to quell Russia’s access to weapons to continue its invasion of Ukraine.
On Thursday, officials announced that the U.S. government ran up its legal borrowing capacity of $31.381 trillion, and the Treasury Department began implementing “extraordinary measures” to avoid a default.
The Biden administration is slapping sanctions on Iran's chief prosecutor, four other Iranian officials and a company that supports the country's security forces for their roles in an ongoing violent crackdown on antigovernment protests.
People who want to buy an electric vehicle could get a bigger-than-expected tax credit come Jan. 1 because of a delay by the Treasury Department in drawing up rules for the tax breaks.
The Biden administration is easing some oil sanctions on Venezuela in an effort to support newly restarted negotiations between the Venezuelan government and its opposition.
The U.S. has imposed its second round of sanctions in less than a week on people and firms in Africa who it says have provided financial or material support to the Islamic State group.
Two Haitian politicians are facing U.S. sanctions over allegations they abused their positions to traffic drugs in collaboration with gang networks and directed others to engage in violence.
The Treasury Department has sanctioned a group of people and firms connected to Mexico’s Sinaloa drug cartel, including a sibling involved in the family-run Valenzuela drug trafficking organization.
More families who are offered expensive health insurance premiums from their employers will get a discount if they sign up instead for coverage through the Affordable Care Act marketplace this fall.
The U.S. government has imposed sanctions on a Bosnian state prosecutor who is accused of being complicit in corruption and undermining democratic processes or institutions in the Western Balkans.
Treasury Secretary Janet Yellen heads to the Durham, North Carolina, area next Tuesday as part of her ongoing national tour to promote the Biden administration’s legislative agenda ahead of midterm elections.
Elon Musk’s hopes to operate his satellite internet firm in Iran require permission from the Treasury Department, which said Tuesday it welcomes applications to support internet freedom in the country, which is largely isolated from western economies.
The Justice Department says three Iranian citizens have been charged in the United States with ransomware attacks that targeted power companies, local governments and small businesses and nonprofits, including a Pennsylvania domestic violence shelter.
Treasury Secretary Janet Yellen has directed the IRS to develop a plan within six months outlining how the tax agency will modernize its technology, customer service and hiring.
The U.S. has sanctioned a United Arab Emirates-based firm and several Asian companies for facilitating the illicit sale of millions of dollars’ worth of Iranian oil for shipment to East Asia.
A monitor appointed by a federal judge in the wake of a United Auto Workers bribery and embezzlement scandal says the union has been uncooperative, withholding information on additional misconduct allegations.
A multinational task force designed to seize Russian oligarchs' wealth has blocked and frozen $30 billion in sanctioned individuals’ property and funds in its first 100 days.
The U.S. has imposed sanctions on Nicaragua’s state-owned gold mining company and the president of its board of directors partly over the Central American nation’s ties to Russia.
The U.S. will close the last avenue for Russia to pay back its billions in debt to international investors on Wednesday, making a Russian default on its debts for the first time since the Bolshevik Revolution all but inevitable.
The U.S. announced Monday it is imposing financial penalties on five people accused of fundraising for the Islamic State group and using the funds to help traffic children to serve as fighters for the organization.
A Treasury Department official says the United States and its allies are pushing ahead with sanctions aimed at forcing Vladimir Putin to spend Russia’s money propping up its economy rather than sustaining its “war machine” for the fight in Ukraine.
The U.S. and its European allies will impose stiff new sanctions Wednesday, including a ban on new investments in Russia, in retaliation for Russia’s “war crimes” in Ukraine, according to the White House.
A Belgian businessman sanctioned by the U.S. over allegations of illicit gold trade in Congo said Friday the action undermines efforts to improve transparency in a region seeing rising official exports of the mineral.
President Joe Biden has signed an executive order on government oversight of cryptocurrency that urges the Federal Reserve to explore whether the central bank should create its own digital currency.
The Biden administration is seeking to assure financial institutions and other businesses that U.S. sanctions on the Taliban aren’t intended to interfere with trade that could help Afghanistan emerge from an economic and humanitarian crisis.
Treasury Secretary Janet Yellen has told a gathering of America’s mayors the Biden administration’s coronavirus relief bill is “like a vaccine” preventing catastrophic economic damage.
The Biden administration is threatening to recoup COVID-19 relief funds sent to Arizona over state provisions it says discourage families and school districts from following federal guidance recommending face coverings in schools.
The U.S. issued financial sanctions and visa bans on former and current government officials and entities in nine countries Friday — including China, Myanmar and Russia — as part of coordinated actions with Canada and the U.K. to coincide with International Human Rights Day.
The Biden administration will not designate any country as a currency manipulator, but it did name China, Vietnam and Taiwan among the nations that have failed to live up to global agreements not to use their currencies to gain unfair trade advantages.
The Treasury Department says several states and cities have exhausted their federal rental assistance in a sign that spending on a program aimed at averting evictions has picked up speed.
A federal judge has blocked the U.S. Treasury from enforcing a provision of the American Rescue Plan that prohibited states from using the pandemic relief funds to offset new tax cuts.
The U.S. monthly budget deficit fell in October as the government collected more taxes from individuals and corporations thanks to a much improved economy emerging from the coronavirus pandemic.
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The Biden administration is calling on Congress to pass legislation that would strengthen government regulation of stablecoins, a form of cryptocurrency that has soared in popularity in the past year.