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Treasury Dept to Step Up Scrutiny of Money Laundering in Real Estate Market
Treasury
Treasury Dept to Step Up Scrutiny of Money Laundering in Real Estate Market
2021-12-06 17:56:29
by Dan McCue

WASHINGTON – The Treasury Department is seeking public comment on ways to reduce money laundering and other corruption in the real estate market, part of a larger effort by the Biden administration to curb illicit financial activity as the economy... Read More

Treasury and Federal Reserve Discuss Benefits of Child Tax Credit
Treasury
Treasury and Federal Reserve Discuss Benefits of Child Tax Credit
2021-09-29 21:50:39
by Alexa Hornbeck

WASHINGTON -- The Committee on Banking, Housing, and Urban Affairs met this week to discuss the CARES Act and supporting an equitable pandemic recovery through vaccination efforts, supporting small businesses, and longer term needs like broadband infrastructure investments.  The members... Read More

Mnuchin to Put $455 Billion in Funds Out of Yellen's Easy Reach
Economy
Mnuchin to Put $455 Billion in Funds Out of Yellen's Easy Reach

WASHINGTON — Treasury Secretary Steven Mnuchin will put $455 billion in unspent Cares Act funding into an account that his presumed successor, former Federal Reserve Chair Janet Yellen, will need authorization from Congress to use. Mnuchin plans to place the money into the agency's General Fund,... Read More

Oregon's Read Is Steeped In Public Service, Embracing Opportunities
In The States
Oregon's Read Is Steeped In Public Service, Embracing Opportunities
2019-04-16 20:56:14
by Dan McCue

Tobias Read chuckled. The Oregon state treasurer wasn't long into a conversation when his caller asked why it is that his colleagues in government speak so highly of him. After a self-effacing pause, Read said he's just been lucky. "I... Read More

United States Posted Largest-Ever Monthly Budget Deficit in February
Economy
United States Posted Largest-Ever Monthly Budget Deficit in February
2019-03-22 21:31:58
by Dan McCue

The federal government posted its biggest monthly budget deficit ever in February as a sharp decline in corporate revenue coincided with increased spending, the Treasury Department announced Friday. The budget gap widened to $234 billion in February, compared with a... Read More

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