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Tag: Treasury Department

$1 Trillion Coins Instead of More Federal Debt?!

Credit risk out of China and debt ceiling drama in Washington are driving precious metals markets this week. Gold and silver attracted some significant safe-haven...

McConnell Warns Yellen that GOP Won’t Help Raise Debt Limit

(Associated Press) Senate Minority Leader Mitch McConnell has warned Treasury Secretary Janet Yellen he is not budging on his demand that Democrats go it alone...

Treasury Dept Seeks to Track Transactions of Bank Accounts Over $600

(Peter Jacobsen, Foundation for Economic Education) In May, the Treasury Department released the Biden administration’s revenue proposals for fiscal year 2022. One aspect of this document...

Biden Wants to Extend Unemployment Benefits Despite Widespread Job Openings

(Casey Harper, The Center Square) The Biden administration is working to ensure that $300 weekly unemployment payments from federal taxpayers continue in some form beyond...

Currency Emergency: When the Debt Comes Due

What happens when the debt comes due? It’s a question millions of Americans are grappling with in their personal finances. It’s also a multi-trillion dollar...

‘Squad’ Urges Treasury Dept. to Revoke Tax Exemption of Pro-Israel Groups

The Marxist "Squad" sent a letter to Treasury Secretary Janet Yellen to request that her department review and revoke non-profit status from pro-Israel groups,...

Justice Dept. Says IRS Must Give Trump Tax Returns to Congress

(Headline USA) The Justice Department, in a reversal from the previous administration, says the Treasury Department must provide the House Ways and Means Committee former...

YELLEN: Inflation Will Be with Us for MONTHS

Treasury Secretary and former Fed Chair, Janet Yellen, has reversed course, saying that inflation will likely stay with the country for at least a...

Congressman Presses Treasury Sec. Yellen for Disclosure of US Gold Activities

(Money Metals News Service) As foreign governments reportedly accumulate gold and de-dollarize their sovereign wealth funds, a Republican congressman is asking tough questions of the...

Leaker Sentenced to 6 Mos. for Giving Russia Probe Documents to Liberal Journalist

(Emilee Larkin, Courthouse News Service) A federal judge handed a six-month prison sentence Thursday to a former Treasury official who painted herself as a whistleblower...

Congressman Seeks Full Audit of America’s Gold Reserves

(Sound Money Defense League) America’s gold reserves would be audited for the first time in more than 60 years if a measure introduced yesterday by...

GREAT RESET: Treasury Department Proposes 15% Global Minimum Corporate Tax

(Headline USA) The U.S. Treasury Department said Thursday that it supports a global minimum corporate tax rate of at least 15% — below the...

Biden’s Treasury Department Takes Steps to Monitor & Tax Cryptocurrency

(Associated Press) The Biden administration is taking steps to ensure Americans who pay for goods or services with cryptocurrencies don't sidestep the tax man. The...

Treasury Secretary Janet Yellen Wants ‘Global Minimum Corporate Tax’

Janet Yellen, President Joe Biden’s Treasury Secretary, expressed the Biden administration’s support for “global minimum corporate tax,” the Associated Press reported. According to Yellen, the...

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