Treasury Department

The federal government collected a record $2,121,987,000,000 in taxes for the first half of fiscal year 2022, according to the U.S. Treasury’s monthly statement. 

President Joe Biden’s (D) administration has threatened to recoup coronavirus relief money issued to Arizona regarding state provisions it claimed discouraged families and school districts from adhering to federal guidance that recommends masks in schools.

Vice President Kamala Harris called for an intentional restructuring of the country’s economic systems on Tuesday, suggesting existing systems were inherently racist.

Sen. Cynthia Lummis (R-WY) told Breitbart News in an exclusive statement Thursday that Saule Omarova, President Joe Biden’s Comptroller of the Currency nominee, and others that believe bitcoin is a threat to national security are “scared” of relinquishing control over Americans.

Saule Omarova, President Joe Biden’s Comptroller of the Currency nominee, claimed Thursday bitcoin and digital currencies might undermine national security. Sen. Cynthia Lummis (R-WY), a pro-cryptocurrency lawmaker, asked Omarova during her Senate Banking Committee nomination hearing if she believed if

Saule Omarova, President Joe Biden’s U.S. Comptroller nominee, blamed “poor phrasing” when she called on “bankrupt” fossil fuel companies to “tackle climate change.”

Forty-one state banking associations wrote a letter Wednesday to members of the Senate Banking Committee, noting that Saule Omarova’s confirmation could “jeopardize” economic growth.

Senate Banking Committee Republicans plan to highlight how Saule Omarova, President Joe Biden’s Comptroller nominee, has written academic papers to nationalize banks.

Saule Omarova, President Joe Biden’s nominee for the Office of the Comptroller of the Currency (OCC), called during a March 2021 virtual conference to eliminate all private bank accounts and deposits.

Saule Omarova, President Joe Biden’s nominee for Comptroller of the Currency, if confirmed, would have the “most powerful, least accountable” position over cryptocurrencies and the banking industry.

Democrat plans to surveil bank accounts with the IRS resemble China’s “social credit score” system, Rep. Drew Ferguson (R-GA) said.

President Joe Biden and his administration released a 40-page report on Friday on how climate change threatens the U.S. economy.

Former Trump era Treasury Department appointee Adam Korzeniewski said Wednesday that House Speaker Nancy Pelosi (D-CA) considering handing over power to the Biden-Harris administration to raise the debt ceiling speaks to her failed leadership.

The plan is for the IRS to sift through nearly all American bank accounts searching for undeclared income.

The U.S. Treasury Department reportedly gave humanitarian organizations its approval to provide aid for Afghanistan this week, despite sanctions against the Taliban that would make many of the needed financial transactions technically illegal.

The International Monetary Fund (IMF) said Wednesday that it will block Afghanistan from accessing $460 million in emergency monetary reserves that were scheduled to be disbursed next week.

Sen. Marco Rubio (R-FL) expressed concern Thursday that a Biden administration executive order that changed Trump-era rules on U.S. investment in Chinese companies would give too much authority to a Treasury Department “too closely aligned with Wall Street.”

Nearly 88 percent of children will be covered benefits their parents will automatically receive

The White House on Monday reminded Americans that families would start receiving direct cash payments in their bank accounts starting in July, as President Joe Biden continues to implement his coronavirus rescue package.

The Fed chair sounded a bit more upbeat about the progress of the economic recovery on Tuesday.

Treasury Secretary Janet Yellen plans to create a senior post at the Treasury Department that will be charged with monitoring alleged risks to the financial system from climate change.

Her enormous speaking fees from Citadel raise questions about conflicts of interest.

The United States Senate voted Monday to confirm Janet Yellen as the nation’s next Secretary of the Treasury, making her the first woman to hold the position in American history after she was chosen by President Joe Biden last November.

President-elect Joe Biden’s nominee to head the Treasury Department, Janet Yellen, raked in millions from Wall Street firms and multinational corporations for “speaking fees” over just the past two years, financial disclosure reports reveal.

The Texas-based IT company SolarWinds recently announced that it has suffered a “highly-sophisticated, targeted and manual supply chain attack by a nation state,” which may have left multiple U.S. government agencies vulnerable. The federal government is investigating a major hack of government agencies including the Treasury Department.

A report published on Sunday revealed that data stored by the United States Treasury was compromised by a sophisticated hacking group backed by a foreign government. The hackers also infiltrated the Commerce Department’s National Telecommunications and Information Administration. The National Security Council launched an investigation into the incident after a meeting on Saturday at the White House.

Yellen described the American dream as “a society where each person can rise to their potential and dream even bigger for their children.”

Joe Biden has purportedly settled on former Federal Reserve chairwoman Janet Yellen as his secretary of the treasury, according to the Wall Street Journal. 

Joe Biden claims that he “beat the socialist” in the Democratic primary, but the socialist could be joining him in his Cabinet if he wins on Tuesday.

The United States blacklisted Iraj Masjedi, Iran’s ambassador to Iraq, and two senior officials of the Iran-backed terrorist organization Hezbollah on Thursday.

Chinese state media praised the proposed deal between TikTok creators ByteDance and Oracle Corporation on Tuesday, with the Communist Party’s Global Times saluting it as recognition for “the hard-won efforts of the Chinese company amid a lack of trust between the world’s two largest economies.”

Sen. Kelly Loeffler led GOP senators in calling upon the DOJ, FBI, and the U.S. Treasury to investigate Planned Parenthood.

President Donald Trump tweeted Friday that he had told the U.S. Treasury to review the tax-exempt status of schools and universities that had become vehicles for left-wing indoctrination.

The Office of Inspector General has confirmed that the Trump administration did not delay the release of the Harriet Tubman $20 bill, as was falsely speculated by the New York Times in June 2019.

Sen. Joni Ernst (R-IA) wrote a letter to Treasury Secretary Steven Mnuchin on Tuesday, asking the secretary to expose how much China exploits American tax law to avoid paying taxes on American treasuries. 

Treasury’s spokeswoman explained on Friday how the Paycheck Protection Program would be changed to make it more useful for small businesses.

White House chief deputy press secretary Hogan Gidley on Tuesday said that President Donald Trump is planning to hold China accountable for the Wuhan coronavirus plaguing the planet, saying the administration views China as “culpable” and is “not going to forget” what the Communist authorities in Beijing did to the world.

Treasury Department spokeswoman Monica Crowley told Breitbart News on Saturday that she believes President Donald Trump is perfectly positioned to oversee the reopening of the United States economy.

Treasury spokeswoman Monica Crowley said that the Paycheck Protection Program was on track to hit the administration’s target to cover half the U.S. workforce.

“Harvard’s going to pay back the money,” Trump said bluntly during the White House press briefing.