Congressional forecasters are projecting a federal deficit of $2.3 trillion this fiscal year, even without the additional $1.9 trillion in spending that President Biden has proposed.Read More
Hackers invaded computer systems at the departments of Treasury and Commerce starting in the spring, according to reports.Read More
Thousands of foreign workers who entered the U.S. on temporary work visas received $1,200 pandemic stimulus checks in error, and many of them are spending the money in their home countries.Read More
In another sign of how the coronavirus is disrupting commerce, banks are running short of nickels, dimes and quarters. The Federal Reserve, which supplies banks, is having to ration change. Read More
U.S. taxpayers will have a three-month extension to file their taxes because of the coronavirus pandemic, Treasury Secretary Steven Mnuchin said Friday. He said that at the president's direction, "we are moving Tax Day from April 15 to July 15."Read More
"We want to go big," President Trump said as his administration seeks to boost the now stalled economy.Read More
Prompted by a request by Sen. Chuck Schumer, D-N.Y., the department's acting inspector general said he will look into what led to a postponement of the abolitionist's appearance on the note. Read More
Treasury Secretary Steven Mnuchin ruled out any changes to the U.S. currency imagery before 2028.Read More
Alexander Torshin and Maria Butina met in 2015 with top leaders in the Treasury Department and Federal Reserve, according to materials obtained under the Freedom of Information Act.Read More
The sanctions target four mid-level commanders and two units — but they failed to satisfy senators and activists alike, who say the U.S. has a ways to go to hold Myanmar accountable for its crimes.Read More