Treasury Reports $129 Billion Brought In on Tax Day

Financial analysts watching 2022 tax receipts closely. The Department of the Treasury released the daily financial statement for the annual tax filing deadline last week, showing a total…

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Medicare Trustees Predict Fund Exhausted by 2031

The president’s proposed budget would protect it, HHS Secretary says The Hospital Trustee Fund, which pays for patient care and hospital stays for senior citizens, will be exhausted…

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Secretary Yellen Proposes Treasury Budget for 2024

Secretary highlights the IRS, anti-Russia efforts, and recent bank saves as part of her budget proposal. Secretary Janet Yellen testified before the House Committee of Financial Services and…

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Treasury Secretary Says Financial Sector Stabilizing

The department continues support for banks, advocates for regulation updates Secretary of the Treasury Janet Yellen said that she believes that the financial sector is beginning to recover…

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Two Cabinet Secretaries May Visit China 

White House announces the U.S. in discussions with Beijing officials.  The White House National Security Coordinator John Kirby stated that Treasury Secretary Janet Yellen and Commerce Secretary Gina…

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Treasury Sanctions Russian Metals and Mining

Similar regulations are imposed by other G7 members. The Department of the Treasury announced a new determination last week that sanctions and blocks the import of Russian metals…

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CBO Predicts Summer Government Default 

The rise of the debt ceiling is still being negotiated. The Congressional Budget Office has projected that the Treasury Department will run out of ways to prevent a…

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Secretary Blinken to Meet Top China Diplomat 

He is seeking “détente” over the spy balloon.  Secretary of State Antony Blinken will be attending the Munich Security Conference this weekend, during which he will have the…

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Treasury Department Awards $690 Million for Rental Assistance

Funds are being distributed to 89 state and local grantees. The Department of the Treasury released an additional $690 million for rental assistance through their Emergency Rental Assistance…

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Bill Would Eliminate Federal Debt Ceiling

Congress looking for ways to avoid regular adjustments of debt ceiling. Representative Bill Foster of Illinois and 42 co-sponsors introduced the End the Threat of Default Act which…

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