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u.s. treasury department

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FILE PHOTO: The Internal Revenue Service (IRS) building in Washington

Politics Feb 12

Data of thousands of taxpayers wrongly shared with DHS, court filing says

By Fatima Hussein, Associated Press

Politics Feb 04

Scott Bessent testifies before a House Financial Services Committee, in Washington
WATCH: Treasury Secretary Bessent testifies on U.S. financial stability in House hearing

A hearing about oversight of the U.S. financial system devolved into insults several times Wednesday as Treasury Secretary Scott Bessent clashed with Democratic lawmakers over fiscal policy, the business dealings of the Trump family and other issues.

By Fatima Hussein, Associated Press

Politics Jan 28

U.S. President Donald Trump at the White House in Washington
WATCH: Trump, Bessent, Nicki Minaj and others speak at 'Trump accounts' launch event

A U.S. Treasury event Wednesday brings together an assortment of politicians and celebrities — from Texas Republican Sen. Ted Cruz to rapper Nicki Minaj — to discuss the program and its potential impact on the economy.

By Makiya Seminera, Moriah Balingit, Associated Press

Economy May 21

G7 finance ministers and central bank governors meeting in Banff
Trump's tariffs will test U.S. allies at G7 finance ministers' summit

The annual meetings of the Group of 7 finance ministers, known as the G7, are typically congenial and in previous years have produced joint commitments to combat inflation and counter the COVID pandemic. There may be less agreement this year.

By Christopher S. Rugaber, Associated Press

Politics May 07

House Appropriations Financial Services Subcommittee holds oversight hearing on "The United States Air Force and Space For...
WATCH: Treasury Secretary Bessent testifies on the international financial system amid trade wars

Bessent is expected to testify before the House Financial Services Committee at 10 a.m. EDT. Watch live here.

By Associated Press

Feb 08

Federal judge blocks Musk's DOGE from accessing sensitive Treasury material

By Anthony Izaguirre, Associated Press

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.

Continue reading

Jan 27

Senate confirms Scott Bessent as treasury secretary

By Fatima Hussein, Associated Press

Bessent will now have the delicate balancing act of cutting taxes and curbing deficits while putting forward a plan on tariffs that doesn't jeopardize growth.

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Sep 06

WATCH: IRS has recovered $1.3 billion in unpaid taxes from wealthy tax dodgers, Yellen says

By Fatima Hussein, Associated Press

Treasury Secretary Janet Yellen and IRS Commissioner Danny Werfel traveled to Austin, Texas, to tour an IRS campus and announce the latest milestone in tax collections as Republicans warn of big future budget cuts for the tax agency if they…

Continue reading

Oct 21

Watch 1:21
News Wrap: U.S. budget deficit rises to $1.7 trillion in 2023 fiscal year

In our news wrap Saturday, new numbers from the U.S. Treasury Department showed the nation’s deficit has increased nearly 25 percent to $1.7 trillion in the last fiscal year, and at least four people have died in the torrential storm…

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Jul 09

Yellen says U.S. will listen to China's concerns over tech export curbs, but defends trade measures

By Joe McDonald, Associated Press

Treasury Secretary Janet Yellen on Sunday said she agreed Washington will listen to Chinese complaints about security-related curbs on U.S. technology exports and might “respond to unintended consequences” as she ended a visit to Beijing aimed at reviving strained relations.

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Full Episode
Friday, Feb 13
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