Editor Brian Harrod Provides Comprehensive up-to-date news coverage, with aggregated news from sources all over the world from the Roundup Newswires Network
Goldman Sachs Group Inc. banker Jim Donovan is under consideration for the No. 2 job at the Treasury Department, said a person familiar with the deliberations, but he's got one big thing working against him.
The Tennessee Treasury Department returned 41,827 claims of unclaimed property in 2016, marking a 28-percent increase compared to the previous year. It was the highest number of claims returned by the Department.
As a member of the professional tax community, my interest in the goings on over at the Treasury Department is a bit more keen than that of most Americans. And as an American expatriate, I am impacted financially in ways which leave my stateside countrymen and -women largely unscathed .
The White House has backtracked on a report it is rolling back sanctions on RussiaA s Federal Security Service, the successor agency to the KGB, after the Treasury Department announced an amendment to put measures in place by former President Obama in response to Russian interference in the 2016 presidential election. The FSB was one of several entities sanctioned by Obama in December related to Russian hacking of Democratic political organizations and operatives.
A federal appeals court ruled Monday that the Treasury Department will have to hand over more documents to investors of Fannie Mae and Freddie Mac related to its profit sweep of the two government-sponsored enterprises.
When Donald Trump is inaugurated as President on January 20th, 2017, he faces a myriad of problems. Among the financial and economic dilemmas is the national debt.
Steven Mnuchin, President-elect Donald Trump's pick to lead the Treasury, arrives at Trump Tower in New York on Dec. 12. President-elect Donald Trump's pick to lead the Treasury Department is likely to face a contentious confirmation battle centered on his purchase of a failed subprime mortgage lender that repeatedly has been accused of wrongful foreclosures. The formal vetting process for Steven T. Mnuchin, who served as Trump's campaign finance chairman and worked at investment bank Goldman Sachs for nearly two decades, has not yet begun.
New Jersey lawmakers are considering a new tool to boost the state's underfunded pension system: Allow the Treasury Department to purchase unlimited bonds from the state's transportation fund. Gov. Christie and the Democratic-controlled Legislature this year raised the gas tax to replenish the Transportation Trust Fund, which finances maintenance and new projects for roads, bridges, and mass transit.
Dec 2 President Barack Obama issued an executive order which prohibits China's Fujian Grand Chip Investment Fund from acquiring the U.S. business of German semiconductor equipment maker Aixtron, the Treasury Department said on Friday. The White House said it was blocking the deal following an assessment done by the Committee on Foreign Investment in the United States, an inter-agency task force led by the Treasury Department.
In recent years, the Treasury Department has made financial inclusion a priority. What's to come? Gillian B. White considers the future, for The Atlantic.
State-owned Dhanarak Asset Development Co is selling bid envelopes for construction of the 81-rai Chaeng Watthana Government Complex's Zone C as part of efforts to ramp up state investment to boost the country's economic growth. The bid envelope sales will go on until Nov 25, with project construction expected to begin by 2019 and conclude by 2022, said Chakkrit Parapantakul, chairman of Dhanarak Asset Development and director-general of the Treasury Department.
A deal by China's Anbang Insurance Group Co to purchase a landmark Southern California hotel near a major naval base from Blackstone Group LP was called off following opposition from US national security officials, according to people with knowledge of the decision. Blackstone ended the sale of the Hotel del Coronado near San Diego, worth an estimated US$1 billion, after concerns were raised by the Committee on Foreign Investment in the United States , according to the people, who asked not to be identified because the sale process was private.
About - As a math savant uncooks the books for a new client, the Treasury Department closes in on his activities and the body count starts to rise; Stars - Ben Affleck, Anna Kendrick, J.K. Simmons, Jon Bernthal; Director - Gavin O'Connor About - A group of people trying to cross the border from Mexico into the United States encounter a man who has taken border patrol duties into his own racist hands; Stars - Gael Garcia Bernal, Jeffrey Dean Morgan, Alondra Hidalgo, Diego Catano; Director - Jonas Cuaron About - It's the adventures of teenager Max McGrath and alien companion Steel, who must harness and combine their tremendous new powers to evolve into the turbo-charged superhero Max Steel; Stars - Ben Winchell, Josh Brener, Maria Bello, Andy Garcia; Director - Stewart Hendler 'Jack Reacher: Never Go Back'; 'Tyler Perry's Boo! A Madea Halloween'; 'Keeping Up With the Joneses'; 'Ouija: ... (more)
New rules are coming that will likely limit techniques used by the wealthy to lower their estate and gift taxes. The proposed regulations, issued by the Treasury Department and Internal Revenue Service in early August, apply to moves known as "valuation discounts."
Boeing executives are mischaracterizing Congressional efforts to block a controversial $25 billion aircraft sale to Iran, according to lawmakers who spoke to THE WEEKLY STANDARD about statements by executives from the aerospace company. The lawmakers reiterated calls on Boeing to drop its planned sale to Iran Air, whose planes have been used by the Iranian military to transport weapons, according to the Obama administration.
Failed: GOP proposal that would have kept Harriet Tubman off $20 bill The House refused to consider Iowa Republican Steve King's proposal to block currency changes. Check out this story on dailyworld.com: http://usat.ly/28QcM23 Harriet Tubman will be the first woman on the face of a modern U.S. bill, but she's far from the first woman on U.S. currency.
The Treasury Inspector General for Tax Administration warned Tuesday about a new twist in the IRS impersonation scam, with fraudsters pretending to be Internal Revenue Service employees demanding taxpayers send them tax payments not only on iTunes gift cards, but on other types of gift cards as well. TIGTA issued an alert in April saying it has received information that callers impersonating IRS employees or the Treasury Department are demanding payments on iTunes gift cards .
Henderson police are warning the community about two telephone scams that several residents have fallen for, costing them thousands of dollars. Callers claiming to be from the Internal Revenue Service or Treasury Department are telling people that their IRS tax returns were incomplete or incorrect and that penalties are owed, police said.
Based on an average daily volume of 6,631,352 shares, the days-to-cover ratio is currently 1.7 days. iShares Barclays 20+ Yr Treas.Bond opened at 134.78 on Friday.
One of the nation's largest multi-employer pension funds said that it is out of ideas for ways to save itself from an impending failure. After the Treasury Department rejected its Hail Mary proposal, which would have substantially cut benefits for some retirees, the Central States Pension Fund has little choice but to turn to a federal insurance program that is supposed to offer a lifeline to troubled pension funds.