Education Sep 04 Trump administration pushes to remove tax exemption for private colleges with DEI policies By Collin Binkley, Associated Press
World Sep 04 U.S. issues sanctions on Turkish bank that it calls a 'critical financial lifeline' for Iran The Treasury Department accused the Turkish bank and its entities of being established to enable Iran's efforts to transfer oil revenues from China to Turkey, where they could then be converted to cash and gold. By Farnoush Amiri, Andrew Wilks, Associated Press
Politics Aug 31 Treasury Department blocks certain journalists from covering G20 meeting The New York Times said in a statement that denying American journalists access to an event in the U.S. is “not just another disturbing effort by the administration to undermine independent journalism, but a blatant attempt to evade public scrutiny.”… By Ben Finley, Associated Press
World Aug 28 U.S. targets Egyptian bank's UAE branches under new push for Iran's economic isolation Under a new rule proposed Friday by the Treasury Department, the Emirati branches of Banque Misr, Egypt’s second-largest bank, would be severed from access to the U.S. financial system. By Fatima Hussein, Farnoush Amiri, Associated Press
Politics Apr 22 WATCH: Bessent testifies on Trump's Treasury Department budget request before Senate committee Treasury Secretary Scott Bessent doubled down on economic pressures on Iran on Tuesday. By Associated Press
Mar 27 Treasury plans to put Trump's signature on all new U.S. paper currency in break with tradition By Fatima Hussein, Associated Press The plans come in tandem with an ongoing effort to get Trump’s face on a coin, which has also drawn criticism since federal law prohibits the depiction of a living president on U.S. currency. Continue reading
Feb 12 Data of thousands of taxpayers wrongly shared with DHS, court filing says By Fatima Hussein, Associated Press The revelation stems from a data-sharing agreement signed last April by Treasury Secretary Scott Bessent and Homeland Security Secretary Kristi Noem, which allows U.S. Immigration and Customs Enforcement to submit names and addresses of immigrants inside the U.S. illegally to… Continue reading
Feb 04 WATCH: Treasury Secretary Bessent testifies on U.S. financial stability in House hearing By Fatima Hussein, Associated Press 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. Continue reading
Jan 28 WATCH: Trump, Bessent, Nicki Minaj and others speak at 'Trump accounts' launch event By Makiya Seminera, Moriah Balingit, Associated Press 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. Continue reading
May 21 Trump's tariffs will test U.S. allies at G7 finance ministers' summit By Christopher S. Rugaber, Associated Press 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. Continue reading