Treasury Secretary Visits Mexico

She wants to enhance trade and curb drug trafficking.  On Tuesday, Treasury Secretary Janet Yellen is meeting with Mexican President Andres Manuel Lopez Obrador and Mexico’s Secretary of…

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IRS Releases Clean Energy Investment Tax Credit

The agency publishes guidance documenting details for investors. The Internal Revenue Service (IRS) has released guidance that outlines the requirements for receipt of the clean energy tax credit.…

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Lynn Malerba, Treasurer, Department of the Treasury

Lynn Malerba, Treasurer, Department of the Treasury

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Shannon Corless, Assistant Secretary of the Treasury for Intelligence and Analysis

Shannon Corless, Assistant Secretary of the Treasury for Intelligence and Analysis

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Government Accountability Office Finds Massive Spending Discrepancies 

Four administration departments and 49 agencies “flagged.”  The Government Accountability Office issued a report on incorrectly reported spending or missing reports on government spending information.  The Departments of…

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Interest on National Debt Now the Top Budget Expense

Treasury data shows interest exceeds $1 trillion per year. Information from the U.S. Treasury Department shows that estimated annualized interest payments on the nation’s debt exceeded $1 trillion…

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Treasury Sanctions 130 Who Help Russia Against Ukraine 

Secretary Yellen says China, Turkey, and UAE support is perpetuating the war. The U.S. Treasury Department has imposed sanctions this week on 130 “individuals and entities” who help…

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Senators Urge HHS to Expand Coverage for OTC Contraceptives

Many birth control pills are covered but require a prescription. Forty-eight senators wrote a letter to President Biden’s administration this week, advocating for healthcare to expand coverage to…

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Senators Draft Letter to President on Hydrogen Tax Credit Flexibility

Legislators say limiting tax credits to new energy sources will limit market development. Ten Senators drafted a letter to President Biden’s administration advocating for greater leniency within the…

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Treasury Department Announces New Sanctions on Hamas 

The goal is to cut off their access to funds. The Department of the Treasury announced a series of new sanctions against the terror group Hamas on Wednesday…

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