Tag: Treasury Department

General Electric is cooperating with a Justice Department probe of a discontinued mortgage business.

The decline and fall of General Electric, the poster child of Obamanomics

Timothy P. Carney · January 24, 2018 4:07 am

The partial government shutdown took effect on Saturday, and while the Senate was trying to find a way forward to pass a bill funding the government, no tangible progress was made, and the Senate was expected to vote at noon to try again. (AP Photo/J. David Ake)

Thousands of federal workers stay home on first work day of the shutdown

Pete Kasperowicz · January 22, 2018 1:25 pm

Article I of the Constitution gives Congress the power to coin money and regulate its value. But most members of Congress aren't even aware of the idea that blockchain technology could threaten the institution's control of money.

Will the government start regulating bitcoin?

Joseph Lawler · January 16, 2018 5:01 am

Sen. Chris Van Hollen, D-Md., said Republicans are going to regret gloating about their new tax law when it becomes clear any "trickle-down" impact won't take effect until after the 2018 midterms. (AP Photo/J. Scott Applewhite)

Chris Van Hollen: Tax cuts won’t ‘trickle down’ fast enough to help GOP

Al Weaver · January 14, 2018 5:01 am

Treasury Secretary Steven Mnuchin said, "We are speaking with Congress about getting additional funding for the implementation" of the tax law. (AP Photo/Manuel Balce Ceneta)

Mnuchin expects ‘significant’ hiring at IRS to implement tax law

Joseph Lawler · January 12, 2018 2:44 pm

A collection of bitcoin, litecoin, and ethereum tokens. The Financial Stability Oversight Council, chaired by Treasury Secretary Steven Mnuchin, has set up a working group on cryptocurrencies. The group comprising top federal regulators would examine the potential for speculation on cryptocurrencies to hurt consumers and for the digital currencies to be used for illicit purposes.(Chris Ratcliffe/Bloomberg)

Regulating bitcoin? Federal oversight council sets up group to study cryptocurrencies

Joseph Lawler · January 12, 2018 2:33 pm

"I hope that the states are more focused on cutting their budgets and giving tax cuts to their people in their states than they are on trying to evade the law," Treasury Secretary Steven Mnuchin said. (AP Photo/Manuel Balce Ceneta)

Steve Mnuchin: Blue state attempts to circumvent limits on SALT deduction are ‘ridiculous’

Joseph Lawler · January 11, 2018 8:30 pm

President Trump faces a deadline this week whether to continue the suspension of sanctions the Obama administration lifted in exchange for the nuclear deal that Trump has long criticized. (AP Photo/Alex Brandon)

Steven Mnuchin: ‘I am expecting more sanctions on Iran’

Sarah Bedford · January 11, 2018 7:59 pm

Employers are expected to implement the new withholding tables in paychecks by Feb. 15. "We estimate that 90 percent of wage earners will experience an increase in their take-home pay," Treasury Secretary Steven Mnuchin said.

Treasury: 90 percent of earners will see more take-home pay under new withholding tables

Joseph Lawler · January 11, 2018 7:34 pm

In recently released transcripts, Jerome Powell, President Trump's nominee for chairman of the Federal Reserve (pictured above), expressed skepticism about major stimulus programs and listened to business executives and hedge fund managers. (AP Photo/Carolyn Kaster)

3 clues about Trump’s Fed nominee, Jerome Powell

Joseph Lawler · January 6, 2018 5:01 am

President Trump has long criticized the Iranian government for what he described as its disregard for the spirit of the nuclear deal his predecessor struck. (Mohammad Ali Marizad/Tasnim News Agency via AP)

National Security

Trump administration issues new round of sanctions aimed at Iran

Sarah Bedford · January 4, 2018 8:31 pm

Treasury Secretary Steve Mnuchin said Thursday "We have become used to #FakeNews, now we have #FakeBooks!" following an excerpt release from Michael Wolff's book titled "Fire and Fury: Inside the Trump White House." (AP Photo/Alex Brandon)

Steve Mnuchin: ‘We have become used to #fakenews, now we have #fakebooks’

Anna Giaritelli · January 4, 2018 3:08 pm