Jun 04 Trump administration bans educational and recreational travel to Cuba By Matthew Lee, Michael Weissenstein, Associated Press A Treasury Department statement says the U.S. will no longer allow the group educational and cultural trips known as "people to people" travel to the island. Continue reading
May 06 Trump administration refuses to turn over president’s tax returns to House By Andrew Taylor, Jonathan Lemire, Associated Press The move, which was expected, is sure to set in motion a legal battle over Trump's tax returns. Continue reading
Apr 23 Treasury secretary misses House deadline for Trump tax returns, asks for more time By Associated Press Steven Mnuchin said in a letter to House Ways and Means Chairman Richard Neal that he will give the panel a final decision by May 6. Neal says he will consult with the committee's lawyers on the next steps. Continue reading
Apr 10 Mnuchin says Treasury unable to deliver Trump tax returns by deadline By Andrew Taylor, Jonathan Lemire, Associated Press Mnuchin told House Ways and Means Committee Chairman Richard Neal, who made the request a week ago, that Treasury respects congressional oversight but needs more time to review the "unprecedented" request. Continue reading
Apr 09 Mnuchin says he’ll ‘follow the law’ on House request for Trump tax returns By Andrew Taylor, Associated Press Secretary Mnuchin revealed that Treasury Department lawyers have talked to the White House counsel's office about the question of releasing President Donald Trump's returns, telling lawmakers that the consultations occurred before the request arrived last week. Continue reading
Aug 24 Trump administration acts to stop high-tax states from skirting $10,000 cap By Marcy Gordon, Geoff Mulvihill, Associated Press Four states — Connecticut, Maryland, New Jersey and New York — already have sued the federal government over the deduction cap, asserting it's aimed at hurting a group of Democratic states and tramples on their constitutional budget-making authority. Continue reading
Sep 17 Is the Federal Reserve printing a free lunch? By Terry Burnham The Federal Reserve is nearing the final drawdown of its quantitative easing program, which, in several ways, has helped reduce the budget deficit. But has that really been such a free lunch, asks economist Terry Burnham?… Continue reading
Jul 11 Watch Worries of a Bailout of Mortgage Giants Hit Markets Hard The market value of mortgage giants Freddie Mac and Fannie Mae slumped again Friday, but rebounded after officials downplayed the likelihood of government action. A reporter and analysts discuss the developments. Continue watching