U.S. customs duty collections surged again back in June as President Donald Trump’s tariffs gained momentum, surpassing $100 billion for the first time in a fiscal year. This helps generate a whopping $27 billion budget surplus for the month, the Treasury Department stated on Friday.
Read More Trump tariffs result in U.S. customs duties topping $100B for ‘first time in a fiscal year’Tag: Treasury Department
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 TrumpJudge 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 dataU.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 orderTrump 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 ProsecutionWall 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