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treasury department news

Trump moves federal student loan management to Treasury Department

On Thursday, the Education and Treasury Departments announced an interagency agreement under which Treasury will assume responsibility for collecting on defaulted federal student loan debt.
Published on Mar 20, 2026 04:46 am IST

Treasury Department terminates union contracts for IRS and Bureau of the Fiscal Service workers

Treasury Department terminates union contracts for IRS and Bureau of the Fiscal Service workers
Published on Feb 28, 2026 05:44 am IST

Trump's student loan plan revealed: New details emerge in court documents

According to court filings, the Department of Education, under Trump, had been working on an agreement with the Treasury to review how federal student loans are managed.
Published on Jun 16, 2025 04:23 pm IST

US Mint stops making pennies due to rising production costs

US President Trump has instructed the Treasury to stop producing new pennies
Published on May 23, 2025 08:13 am IST

US imposes sanctions on a Chinese refinery accused of buying Iranian oil

US imposes sanctions on a Chinese refinery accused of buying Iranian oil
Updated on Oct 06, 2025 04:46 pm IST

Judge relaxes ban on access to sensitive US Treasury information for Musk's DOGE

US President Donald Trump and Elon Musk (R) speak to each other.
Published on Apr 13, 2025 02:56 pm IST

US imposes sanctions on Iranian oil minister, shadow fleet

US imposes sanctions on Iranian oil minister, shadow fleet
Updated on Mar 13, 2025 09:44 pm IST

US judge extends freeze on Elon Musk's DOGE from Treasury systems

A judge on Friday extended a block on DOGE from accessing the Treasury systems
Updated on Feb 22, 2025 08:59 am IST

Federal judge blocks Elon Musk's access to sensitive treasury records

Early on Saturday, a federal court barred Elon Musk's Department of Government Efficiency from gaining access to Treasury Department documents that include millions of Americans' bank account details and sensitive personal information like Social Security.
Published on Feb 08, 2025 02:30 pm IST

Donald Trump picks Ken Kies for key tax policy job at treasury

Members of President-elect Donald Trump's Treasury Department senior leadership team have been revealed. They will collaborate with his secretary nominee, Scott Bessent.
Published on Jan 03, 2025 09:50 am IST

Trump taps ex-Treasury official Miran as chair of Council of Economic Advisers

President-elect Donald Trump
Published on Dec 22, 2024 10:51 pm IST

What is the US debt ceiling amid which a govt shutdown looms in Washington?

President-elect Donald Trump has demanded that a provision raising or suspending the nation's debt limit
Updated on Dec 20, 2024 07:39 am IST

Bessent vs Lutnick: Elon Musk wants this contender to be Trump’s Treasury Secy

Elon Musk, the Chief Executive Officer of SpaceX and Tesla and owner of X
Updated on Nov 18, 2024 04:26 pm IST

Trump considering Fox Business host Larry Kudlow for top economic job: Report

Larry Kudlow speaks before President-elect Donald Trump during an America First Policy Institute gala at his Mar-a-Lago estate, Thursday, Nov. 14, 2024, in Palm Beach, Fla. (AP Photo/Alex Brandon)
Updated on Nov 15, 2024 10:43 pm IST

US Treasury finds no currency manipulation in final Biden-era foreign exchange report

US Treasury finds no currency manipulation in final Biden-era foreign exchange report
Published on Nov 15, 2024 02:52 am IST

70,000 posts lying vacant: Sukhu govt to frame policy soon

The Congress had promised to fill the vacant posts in its poll manifesto.
Updated on Apr 25, 2023 11:12 pm IST

New US tax credit rules narrow the list of eligible EVs

To be eligible, electric vehicles or plug-ins have to be manufactured in North America.
Published on Apr 17, 2023 09:14 pm IST

US treasury secretary expects economy to grow despite recession concerns

US Economy: US treasury secretary Janet Yellen.
Published on Apr 08, 2023 08:59 am IST

November saw highest disbursement of rental aid, says US treasury

Gene Sperling, who leads the oversight for distributing funds from President Joe Biden's $1.9 trillion coronavirus rescue package, speaks during the daily briefing at the White House in Washington.
Published on Jan 08, 2022 01:52 pm IST

Janet Yellen set to become the first woman to head US treasury department

Janet Yellen at a news conference.
Published on Nov 24, 2020 10:10 pm IST

Joe Biden taps ex-Fed chair Janet Yellen to lead treasury

Former Federal Reserve Chair Janet Yellen.
Updated on Nov 24, 2020 05:11 am IST

Joe Biden says he’s decided on treasury secretary nomination

US President-elect Joe Biden concludes his remarks to reporters following an online meeting with members of the National Governors Association (NGA) executive committee in Wilmington, Delaware, US on November 19, 2020.
Updated on Nov 20, 2020 06:17 am IST

US piles up record October budget deficit of $284.1 billion

The US is starting the 2021 budget year the way the old year ended, with soaring deficits.
Published on Nov 13, 2020 06:47 am IST

US budget deficit hits all-time high of $864 billion in June

US president Donald Trump hosts a roundtable event celebrating law enforcement in the East Room of the White House in Washington on July 13, 2020.
Updated on Jul 14, 2020 05:26 am IST

GOP’s beloved low-income area tax break could get stricter rules

One of the proposals which is being pushed would require funds investing in opportunity zones to provide annual updates to the Treasury Department. Image used for representation
Updated on Oct 30, 2019 12:33 pm IST

Trump says he has ordered ‘substantial increase’ of Iran sanctions

Trump said he is not looking to meet Iranian President Hassan Rouhani during a U.N. event in New York this month.
Updated on Sept 18, 2019 09:31 pm IST

US to revoke Saudi visas in aftermath of Khashoggi ‘killing’

Saudi Arabia has admitted that Khashoggi, 59, was killed in its Istanbul consulate.
Updated on Oct 24, 2018 09:07 am IST