Politics Jun 12 WATCH: Bessent appears before House committee as Congress considers Trump’s tax bill By Fatima Hussein, Associated Press
Politics Jun 11 WATCH: Bessent testifies on Treasury Department priorities after U.S.-China trade talks Testifying in front of the House Ways and Means committee Wednesday, Bessent was also asked about Trump’s stated desire to punish Harvard University and other nonprofit organizations by directing the IRS to revoke their tax-exempt status. By Associated Press
Nation May 22 U.S. Mint moves ahead with plans to kill the penny WASHINGTON (AP) — The Trump administration says making cents doesn’t make sense anymore. The U.S. Mint has made its final order of penny blanks and plans to stop producing the coin when those run out, a Treasury Department official confirmed… By Fatima Hussein, Alan Suderman, Associated Press
Politics Mar 24 Judge temporarily blocks DOGE from accessing sensitive information at agencies A federal judge has temporarily blocked Elon Musk’s Department of Government Efficiency from accessing people’s private data at the Education Department, the Treasury Department and the Office of Personnel Management. By Lea Skene, Associated Press
Politics Mar 13 Judge orders Trump to reinstate probationary workers fired across multiple agencies A federal judge has ordered the Trump administration to reinstate thousands of probationary workers let go in mass firings across multiple agencies. By Janie Har, Associated Press
Feb 16 Analysis: Trump announced he is getting rid of the penny. What are the consequences? By Jay L. Zagorsky, The Conversation The government makes pennies at a loss, but just stopping production could create new problems. Continue reading
Feb 14 Treasury watchdog launches audit of DOGE access to federal government’s payment system By Fatima Hussein, Josh Boak, Associated Press Democratic senators raised red flags about the access provided to Trump aide Elon Musk's Department of Government Efficiency team. Continue reading
Feb 10 Trump orders U.S. Treasury to stop minting new pennies, citing rising cost of producing the coin By Jill Colvin, Associated Press President Donald Trump says he has directed the Treasury Department to stop minting new pennies, citing the rising cost of producing the one-cent coin. Continue reading
Feb 02 Elon Musk’s task force has gained access to sensitive Treasury payment systems, sources say By Fatima Hussein, Associated Press The Department of Government Efficiency, run by President Donald Trump’s billionaire adviser and Tesla CEO Elon Musk, has gained access to sensitive Treasury data including Social Security and Medicare customer payment systems, according to two people familiar with the situation. Continue reading
Jan 16 WATCH: Scott Bessent testifies at Senate confirmation hearing for treasury secretary By Fatima Hussein, Associated Press U.S. Treasury nominee Scott Bessent on Thursday faced sharp questions from both Democrats and Republicans on tax policy, tariffs, China, Russia sanctions and the future of an IRS tax filing system that Republicans have called to be cut. Continue reading