Tag Archives: Treasury Department

Jennifer Shutt, Pennsylvania Capital-Star The nation reached its debt limit Thursday, beginning the uncertain process known as extraordinary measures, in which the U.S. Treasury Department uses accounting maneuvers to avoid defaulting on the debt. The often-used practice is intended to give the Republican House, Democratic Senate and Biden administration time …

The United States Treasury Department said Friday it would reallocate $1.1 billion in pandemic rental assistance from places where it went unused to states and cities with a higher need for the aid. California will receive about $50 million in reallocated funds, the most of any state. New Jersey will …

Yesterday, Congresswoman Cori Bush (MO-01) introduced legislation to improve and expand access to emergency rental assistance by allowing individuals to apply for funds at public schools, libraries, transit systems, housing authorities, the United States Postal Service, and other public entities. $40 billion in rental assistance is still sitting, waiting to …

The Department of Justice on Friday directed the United States Department of the Treasury to turn over former President Donald Trump’s tax returns to the House Way and Means Committee. “The Chairman of the House Ways and Means Committee has invoked sufficient reasons for requesting the former President’s tax information,” …

U.S. Attorney General Merrick Garland today directed the establishment of the COVID-19 Fraud Enforcement Task Force to marshal the resources of the Department of Justice in partnership with agencies across the government to enhance enforcement efforts against COVID-19 related fraud. “The task force will augment and incorporate the existing coordination …

13 Republican state attorneys general are suing the Biden administration over a provision in the $1.9 trillion relief bill. The provision prohibits states from using federal aid to offset tax cuts. “Never before has the federal government attempted such a complete takeover of state finances,” Patrick Morrisey, West Virginia Attorney …