Trump announces he’s instructing Treasury Department to stop producing the penny: ‘This is so wasteful!’
For far too long the United States has minted pennies which literally cost us more than 2 cents,” Trump posted on Truth ...
IRS layoffs could hurt revenue collection and foil efforts to go after rich tax dodgers, experts say
The Inflation Reduction Act, signed into law by President Joe Biden in 2022, gave the IRS $80 billion and the ability to hire ...
Making change: Trump tells US Treasury to stop making pennies. What if we drop the penny?
President Trump said he wants the U.S. Treasury to stop making pennies. Can he do a penny drop? Does it need Congressional ...
US Judge Extends Order to Block DOGE From Treasury Department Data
A lawyer for the Trump administration couldn’t say whether the data DOGE accessed had been shared outside the US Treasury ...
US regulator withdraws appeal of rule on Treasury markets
U.S. Securities and Exchange Commission has decided to withdraw its appeal of a decision by a federal judge late last year to ...
Treasury watchdog begins audit of Musk DOGE team's access to federal government's payment system
The Treasury Department’s Office of Inspector General says it's launching an audit of the security controls for the federal ...
United States Department of the Treasury
New York Attorney General Letitia James said "this level of access for unauthorized individuals is unlawful, unprecedented, ...
White House, Treasury agree to block DOGE access to taxpayer data, Washington Post reports
White House and Treasury Department officials have agreed to prohibit the Department of Government Efficiency team from accessing personal taxpayer data at the Internal Revenue Service, the Washington ...
2 Ways Elon Musk’s Access to the US Treasury May Impact Social Security
One of the many controversies already swirling around President Donald Trump's second administration is his formation of the Department of Governmental Efficiency (DOGE) helmed by billionaire ...
Trump wants the Department of Education to be closed 'immediately.' Here's what shutting it down would mean.
Linda McMahon, Trump's education secretary pick, has her confirmation hearing on Thursday amid reports of plans to shut down ...
Foreign holdings of US Treasuries fall in December
Foreign holdings of U.S. Treasuries fell in December as the two largest foreign holders of the government debt, Japan and ...