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Tag: Treasury Department

US investor and hedge fund manager Scott Bessent testifies before the Senate Finance Committee on his nomination to be Secretary of the Treasury, on Capitol Hill in Washington, DC, on January 16, 2025. (Photo by ANDREW CABALLERO-REYNOLDS / AFP) (Photo by ANDREW CABALLERO-REYNOLDS/AFP via Getty Images)

U.S. Treasury Dept: ‘Blue-collar’ wage growth sees largest increase in almost 60 years under Trump

Blue-collar workers have reportedly experienced their most significant wage growth under any administration in nearly six decades.

Read More U.S. Treasury Dept: ‘Blue-collar’ wage growth sees largest increase in almost 60 years under Trump
The US Treasury Department building is seen in Washington, DC, January 19, 2023, following an announcement by the US Treasury that it had begun taking measures Thursday to prevent a default on government debt, as Congress heads towards a high-stakes clash between Democrats and Republicans over raising the borrowing limit. - The world's biggest economy could face severe disruption with Republicans threatening to refuse the usual annual rubber stamping of a rise in the legal borrowing limit, and this could push the United States into default. (Photo by SAUL LOEB / AFP) (Photo by SAUL LOEB/AFP via Getty Images)

Judge grants DOGE staffers access to Treasury data

A federal judge gave the Department of Government Efficiency (DOGE) access to the Treasury Department’s financial information on Tuesday.

Read More Judge grants DOGE staffers access to Treasury data
DES PLAINES, IL - JULY 06: Pennies lay in a pile July 6, 2006 in Des Plaines, Illinois. According to the U.S. Mint says a penny costs more to make than it's worth, 1.2 cents, prompting some to call for its demise. (Photo Illustration by Tim Boyle/Getty Images)

U.S. Mint places final order to end penny production following Trump’s order

The U.S. Mint has placed its final order for penny blanks and will cease production entirely by early next year, bringing an end to one of the nation’s longest-standing forms of currency, the Treasury Department announced Thursday.

Read More U.S. Mint places final order to end penny production following Trump’s order
NEW YORK, NEW YORK - FEBRUARY 14: NY Attorney General Letitia James speaks during a press conference on the Department of Government Efficiency (DOGE) at Manhattan Federal Courthouse on February 14, 2025 in New York City. James was joined by Connecticut Attorney General William Tong for a press conference ahead of a scheduled court hearing as they discussed their ongoing lawsuit with 17 other state attorneys general to stop Elon Musk’s DOGE from accessing personal data housed in the Treasury Department. (Photo by Michael M. Santiago/Getty Images)

Trump Admin Refers N.Y. AG Letitia James For Possible Mortgage Fraud Prosecution

Federal Housing Finance Agency Director William Pulte issued a letter Tuesday alleging that the New York Attorney General Letitia James “falsified records” to secure a home loan on a property in Virginia as her “principal residence” in 2023, when she was serving as New York’s prosecutor. 

Read More Trump Admin Refers N.Y. AG Letitia James For Possible Mortgage Fraud Prosecution
Traders work on the floor of the New York Stock Exchange (NYSE) during afternoon trading on April 9, 2025 in New York. Wall Street stocks rocketed to close solidly higher Wednesday, with dramatic advances on all three major indexes as US President Donald Trump delayed steep new tariffs hours after they took effect. The Dow Jones Industrial Average surged 7.9 percent to 40,608.45, the broad-based S&P 500 Index rallied 9.5 percent to 5,456.90, and the tech-focused Nasdaq Composite Index jumped more than 12.2 percent to 17,124.97. (Photo by ANGELA WEISS / AFP) (Photo by ANGELA WEISS/AFP via Getty Images)

Wall Street Posts Biggest Single-Day Gain Since 2008 Following Trump’s Surprise Tariff Reversal

U.S. stocks jumped significantly on Wednesday after President Donald Trump announced a 90-day delay in tariffs for countries that hadn’t imposed reciprocal tariffs. 

Read More Wall Street Posts Biggest Single-Day Gain Since 2008 Following Trump’s Surprise Tariff Reversal
WASHINGTON, DC - FEBRUARY 20: The Internal Revenue Service (IRS) Building is seen on February 20, 2025 in Washington, DC. The Internal Revenue Service will begin laying off roughly 6,000 employees in the middle of tax season as the Trump administration pushes to downsize the federal workforce through the Department of Government Efficiency (DOGE). (Photo by Tasos Katopodis/Getty Images)

IRS Chief To Resign ‘In Protest Of Trump Admin’ Over Tax Data-Sharing Agreement With DHS

The acting leader of the Internal Revenue Service (IRS) is reportedly set to resign after a deal was recently set in place on behalf of the agency requiring it to share tax data on undocumented immigrants.

Read More IRS Chief To Resign ‘In Protest Of Trump Admin’ Over Tax Data-Sharing Agreement With DHS

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