Tag: U.S. Treasury Department
Treasury, IRS crack down on Somali fund transfers while probing ‘massive...
Treasury Secretary Scott Bessent announced on Dec. 12 that his agency soon will subject certain money-transfer businesses to “enhanced reporting requirements” to enable greater...
Tariff windfall drives surprise $27 billion US budget surplus in June
New data from the Treasury Department show that surging tariff revenues in June helped the U.S. government post an unexpected budget surplus of $27...
Biden admin housing measures could exacerbate home shortage
(Daily Caller News Foundation) -- The Biden administration announced on Monday new measures that could exacerbate housing shortages in the U.S., experts told the...
Yellen says she regrets pushing ‘transitory’ inflation narrative
A day after the latest inflation data came in hotter than expected, Treasury Secretary Janet Yellen said the path to relieving price pressures will...
U.S. national debt soared in 2023; per-taxpayer burden reached $100,000
(The Center Square) -- The U.S. national debt continued to soar in 2023, surpassing $33 trillion.
It's still rising rapidly.
The U.S. Treasury Department estimates the...