Tag: Treasury Department

Beltway Confidential

Mnuchin fails the test on PPP loans

Ryan Ellis · May 13, 2020 5:33 pm

The Treasury Department's report on Russian oligarchs is not a sanctions list, however, many individuals on the list are subject to current U.S. sanctions. Parts of the Treasury report still remain unclassified. (AP Photo/Jacquelyn Martin, File)

Treasury: Deficit soared to record-smashing $738B in April

Jay Heflin · May 12, 2020 8:34 pm

FILE - In this Monday, Aug. 8, 2011, file photo, a statue of former Treasury Secretary Albert Gallatin stands outside the Treasury Building in Washington. The Treasury Department reports on the federal budget picture for April and for the fiscal year thus far on Monday, May 12, 2014.

Treasury opposes legislation to force insurers to cover coronavirus business losses retroactively

Nihal Krishan · May 11, 2020 9:23 pm

IRS instructs prisoners to return pandemic relief checks

Nihal Krishan · May 7, 2020 7:27 pm

IRS urges families to return ‘inadvertent’ stimulus checks sent to dead or incarcerated relatives

Madison Dibble · May 6, 2020 7:30 pm

Gov. Gavin Newsom speaks during a California Democratic Party event.

California is first state to borrow federal money for unemployment

Carly Ortiz-Lytle · May 5, 2020 12:40 pm

The Treasury Department's report on Russian oligarchs is not a sanctions list, however, many individuals on the list are subject to current U.S. sanctions. Parts of the Treasury report still remain unclassified. (AP Photo/Jacquelyn Martin, File)

Treasury to borrow $3 trillion in second quarter, far more than during financial crisis

Jay Heflin · May 4, 2020 7:58 pm

FILE - This Nov. 16, 2015 photo shows an overview of a section of the Mississippi Power Co. carbon capture plant in DeKalb, Miss. Regulators have reached a settlement with Mississippi Power Co. on how much customers should pay for a troubled $7.5 billion power plant once touted as the future of coal. The unit of Atlanta-based Southern Co. is agreeing to lower the price tag on its Kemper County power plant by $85 million, its second round of concessions in two weeks. Shareholders have already lost $6 billion.

Energy and Environment

Treasury watchdog finds hundreds of millions in improperly claimed carbon capture tax credits

Abby Smith · April 30, 2020 11:23 pm

President Trump directed Treasury Secretary Steven Mnuchin to design a financial aid program for oil companies with Energy Secretary Dan Brouillette (not pictured).

Energy and Environment

Trump administration set to offer oil companies emergency loans involving government stakes

Josh Siegel · April 29, 2020 10:56 pm

Beltway Confidential

Treasury Department deserves credit for speedy relief efforts

Bruce Thompson · April 29, 2020 9:29 pm

Crisis exposes that Americans have no savings

Jp Cortez · April 29, 2020 4:00 am

Trump administration shrugs off complaints to tout small-business relief program as big success

Nihal Krishan · April 29, 2020 1:48 am