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…
Read MoreSecretary 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…
Read MoreTreasury 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…
Read MoreTwo 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…
Read MoreTreasury 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…
Read MoreCBO 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…
Read MoreSecretary 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…
Read MoreTreasury 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…
Read MoreBill 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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