Treasury Department

January 19January 19
US hits debt ceiling, prompting Treasury to take extraordinary measures
- National
The US hit the debt ceiling set by Congress on Thursday, forcing the Treasury Department to start taking extraordinary measures to keep the government paying its bills and escalating pressure on Capitol Hill to avoid a catastrophic default.

Ceci Partridge
January 13January 13
Treasury secretary warns ‘extraordinary measures’ needed to keep US from defaulting on debt as soon as next week
- Money
- National
The Treasury Department said Friday the US will reach the debt limit on January 19 and “extraordinary measures” will need to be taken, setting up one of the first major battles on Capitol Hill after Republicans took control of the House.

Ceci Partridge
December 21December 21
Commerce Department launches grant program to help female and minority entrepreneurs
- Business
The Commerce Department is launching a nearly $100 million grant program to help tens of thousands of female and minority entrepreneurs jump-start and scale their businesses, targeting structural barriers those groups face.

Ceci Partridge
March 25March 25
Stimulus deal bars Trump’s businesses from Treasury Department loans
- Coronavirus
- National
(CNN) — The stimulus deal the Senate agreed to on Wednesday will prohibit loans or investments from Treasury programs to be used to benefit businesses controlled by the President, the vice president, the heads of executive departments and members of Congress, Senate Minority Leader Chuck Schumer said in a letter to Democrats. The prohibition extends to the […]
February 13February 13
Jessie Liu resigns from Treasury after pulled nomination
- National
(CNN) — The US attorney whose nomination for a top Treasury Department job was yanked because she ran the office that oversaw Roger Stone’s prosecution has resigned, an administration official tells CNN. Jessie Liu, who previously headed the US attorney’s office in Washington, submitted her resignation to the Treasury Department, effective Wednesday evening. She went […]
January 16January 16
Controversial Trump tax break under investigation by Treasury watchdog
- National
The Treasury Department’s inspector general has opened an inquiry into a controversial tax break used by close allies of President Donald Trump. The review into the agency’s Opportunity Zone program is in response to a request from three Democratic lawmakers, said Acting Treasury Inspector General Richard Delmar. The program, created by the 2017 GOP tax bill, allows […]
January 13January 13
Federal budget deficit tops $1 trillion in 2019
- National
The federal government budget deficit surpassed $1 trillion in 2019, marking the first time the country has crossed that threshold in a calendar year since 2012. The budget deficit reached $1.02 trillion for the 12-month calendar year ending in December, according to data released by the Treasury Department on Monday And the gap appears to be […]
December 13December 13
Trump asks Supreme Court to block House subpoena for financial documents and take up case
- National
The Supreme Court said Friday it will consider whether the House and a New York prosecutor can subpoena President Donald Trump’s longtime accounting firm and banks for his financial records, two monumental disputes concerning separation of powers and Trump’s broad claims of immunity that will be decided in the heart of the presidential campaign. In […]

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