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It may appear you are being charged twice for Medicare, once from your payroll check and another from your Social Security check, but those deductions cover different things, writes Philip Moeller. Photo by William Thomas Cain/Getty Images

Nation Sep 30

What the government’s phase-out of paper checks means for you

By Fatima Hussein, Associated Press

Politics Feb 08

Demonstrators rally outside the Treasury Department after it was reported billionaire Elon Musk has gained access to the U...
Federal judge blocks Musk’s DOGE from accessing sensitive Treasury material

A federal judge early Saturday blocked Elon Musk’s Department of Government Efficiency from accessing Treasury Department records that contain sensitive personal data such as Social Security and bank account numbers for millions of Americans.

By Anthony Izaguirre, Associated Press

Politics Apr 19

FILE PHOTO: The Treasury Department is pictured in Washington
U.S. sanctions fundraisers for extremist West Bank settlers who attacked Palestinians

The announcement from the U.S. Treasury Department comes as the West Bank has seen some of its worst violence perpetrated by extremist settlers against Palestinians since the war in nearby Gaza began.

By Fatima Hussein, Associated Press

Economy Mar 29

U.S. Treasury Secretary Janet Yellen testifies before Senate panel, on Capitol Hill in Washington
WATCH: Yellen testifies on Treasury budget in House hearing amid questions about banking system

Treasury Secretary Janet Yellen testified on the department's budget Wednesday morning.

By Associated Press

World Oct 13

British Chancellor of the Exchequer Kwasi Kwarteng speaks during Britain's Conservative Party's annual conference in Birmingham, Britain, October 3, 2022. Photo by Hannah McKay/REUTERS
Despite economic turmoil, UK Treasury chief says tax-cutting plan stays

Britain's Treasury chief has rejected suggestions that the Conservative government would reverse course on economic plans that have roiled financial markets.

By Danica Kirka, Jill Lawless, Associated Press

Jun 03

Ex-Treasury worker sentenced to prison for leaking banking reports to reporter

By Larry Neumeister, Associated Press

Natalie Mayflower Sours Edwards pleaded guilty last year to a conspiracy charge, admitting she leaked banking reports. Edwards lawyer, Stephanie M. Carvlin, argued that Edwards made her disclosures at a time when she believed people running the Treasury Department "were…

Continue reading

Dec 10

U.S. budget deficit up 25.1% in first 2 months of budget year

By Martin Crutsinger, Associated Press

The Treasury Department reported Thursday that with two months gone in the budget year, the deficit totaled $429.3 billion, up from $343.3 billion in last year's October-November period.

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Mar 25

Why the inverted yield curve makes investors worry about a recession

By Gretchen Frazee

The yield curve measures the difference between short-term and long-term interest interest rates on government bonds.

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Feb 04

Watch 3:11
What economic and political issues were eclipsed by the Nunes memo?

By PBS News Hour

The controversial House Intelligence Committee memo earlier this week has grabbed headlines, but Washington is mired in other significant issues. NewsHour Weekend Special Correspondent Jeff Greenfield joins Megan Thompson from Santa Barbara to discuss the Treasury, which wants to borrow…

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Aug 25

WATCH: Mnuchin predicts Congress will raise debt ceiling

By Associated Press

Treasury Secretary Steven Mnuchin is predicting that Congress will raise the government's borrowing limit in September, before a deadline for default.

Continue reading

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