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By Ellen Knickmeyer, Associated Press
The U.S. Treasury Department has concluded that more than 80% of the billions of dollars in federal rental assistance during the pandemic went to low-income tenants.
By Michael Casey, Fatima Hussein, Associated Press
Treasury Secretary Janet Yellen is warning Congress that she will run out of maneuvering room to prevent the U.S. from broaching the government's borrowing limit in October.
By Martin Crutsinger, Associated Press
In testimony, Yellen was asked about the big jump in consumer prices reported last week. She said that the April price increase was the result of a number of special factors related to the economy opening back up.
By Associated Press
Officials at the Treasury Department briefed reporters Thursday on the efforts they are planning, including highlighting a provision in the measure that expands the child tax credit.
Gebran Bassil is a current lawmaker who leads the biggest bloc in parliament and a son-in-law of President Michel Aoun.
Both sides have adopted a hard line in the talks, though the Trump team is more open in disclosing a handful of its proposed compromises.
In our news wrap Monday, the U.S. Treasury will borrow nearly $3 trillion this quarter to cover pandemic relief. That record number is well over twice the total for all of 2019. Also, Israel's Supreme Court is hearing legal challenges…
By Lisa Mascaro, Zeke Miller, Andrew Taylor, Associated Press
In a memorandum issued Wednesday, Treasury is calling for two $250 billion cash infusions to individuals: A first set of checks issued starting April 6, with a second wave in mid-May.
By Richard Lardner, Associated Press
Three senior House Democrats have demanded Treasury Secretary Steven Mnuchin turn over documents that would show how his department decided to lift financial sanctions on three companies connected to Russian oligarch Oleg Deripaska.
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