Treasury Secretary Janet Yellen told lawmakers Wednesday that the department is looking into ways to expand on the limited direct file pilot program with possible extensions in functionality and applicable …
The Treasury Department banned the maker of spyware used to target government officials, reporters and activists, deploying “first-of-its-kind” sanctions against sellers of commercial spyware. The U.S. government deployed sanctions against …
Economist and former U.S. Treasury Secretary Larry Summers will serve on a new board for OpenAI as part of the fallout from a tumultuous week that saw OpenAI’s ousting and …
The Biden administration is touting economic programs geared toward minority-owned businesses as Black and Hispanic voters show increasing disaffection toward Democrats following a year of higher consumer prices and soaring …
The Biden administration on Thursday proposed labeling a cryptocurrency practice that provides customers with anonymity as a money laundering concern, amid a larger effort to crack down on illicit uses …
The US Treasury Department has released new guidelines for the $7,500 electric vehicle tax credit, which is likely to be transformed into a point-of-sale rebate come January 2024. This means …
New rules proposed by the Biden administration on Friday would require cryptocurrency brokers to report information on digital asset sales and exchanges to the Internal Revenue Service (IRS) and taxpayers. …
The Jan. 6 insurrection at the U.S. Capitol played a significant role in the decision by one of the three major credit rating firms Tuesday to downgrade the nation’s pristine …