Topic: Janet Yellen

Treasury Secretary Janet Yellen said Thursday that mitigating and responding to extreme weather events, including heat waves, as well as addressing climate change, is a key financing priority for the Treasury Department.

The Treasury Department announced on Monday that it would give $100 million over the next three years to invest in a new program focused on increasing the supply to help build more affordable housing around the country.

The Biden administration sanctioned Russian-based anti-virus and cybersecurity company Kaspersky on Friday, following up on a ban placed on its products in the United States by the Commerce Department earlier in the day.

A Mexican drug cartel smuggling fentanyl and its precursor chemicals as well as migrants into the United States was hit with indictments and sanctions on Thursday.

The IRS and Treasury Department on Monday unveiled two new rules aiming to end "a major tax loophole" that the wealthiest Americans have used to avoid paying tens of billions of dollars in taxes.

Secretary of State Antony Blinken Wednesday said 300 individuals and entities helping to enable Russia's war against Ukraine are being sanctioned by the U.S. State and Treasury Departments.

The Treasury Department and the Internal Revenue Service said on Wednesday that U.S. residents had saved more than $1 billion in buying electric vehicles through federal tax credits since the start of 2024.

The Treasury Department announced a round of sanctions against 10 individuals, entities, and vessels for the alleged illegal transport of oil and commodities to a network of Houthi financial facilitator Sa'id al-Jamal.

The U.S. Department of the Treasury and Internal Revenue Service on Thursday announced Direct File will be a permanent, free tax filing option starting in 2025.

The Biden administration said it will increase tariffs on some $18 billion of imports from China to counter what the White House is calling "unfair trade practices" by Beijing.