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The Latest: Scott Bessent testifies before the House on Treasury Department priorities
The Latest: Scott Bessent testifies before the House on Treasury Department priorities Treasury Secretary Scott Bessent is back on Capitol Hill to testify before the House Ways and Means Committee on the department’s priorities, one day after he refused to say whether President Donald Trump and his family would still get immunity from IRS audits after the administration abandoned plans for a $1.776 billion compensation fund that would have benefited the president’s allies - Bookmark Treasury...
CodePink's Media Benjamin confirms getting 'serious' Treasury Department query over Cuba trip
CodePink co-founder Medea Benjamin publicly confirmed for the first time that her organization received an inquiry from the Treasury Department's Office of Foreign Assets Control (OFAC), seeking detailed information about about its March trip to Cuba.The inquiry, which is often called an administrative subpoena, comes as the Trump administration signals a broad effort to increase federal scrutiny of nonprofit organizations operating in foreign-policy and activist spaces. Last October, after...
CodePink's Media Benjamin confirms getting 'serious' Treasury Department query over Cuba trip
CodePink co-founder Medea Benjamin publicly confirmed for the first time that her organization received an inquiry from the Treasury Department's Office of Foreign Assets Control (OFAC), seeking detailed information about about its March trip to Cuba.The inquiry, which is often called an administrative subpoena, comes as the Trump administration signals a broad effort to increase federal scrutiny of nonprofit organizations operating in foreign-policy and activist spaces. Last October, after...
CodePink's Medea Benjamin confirms getting 'serious' Treasury Department query over Cuba trip
CodePink co-founder Medea Benjamin publicly confirmed for the first time that her organization received an inquiry from the Treasury Department's Office of Foreign Assets Control (OFAC), seeking detailed information about its March trip to Cuba.The inquiry, which is often called an administrative subpoena, comes as the Trump administration signals a broad effort to increase federal scrutiny of nonprofit organizations operating in foreign-policy and activist spaces. Last October, after the...
CodePink's Medea Benjamin confirms getting 'serious' Treasury Department query over Cuba trip
CodePink co-founder Medea Benjamin publicly confirmed for the first time that her organization received an inquiry from the Treasury Department's Office of Foreign Assets Control (OFAC), seeking detailed information about its March trip to Cuba.The inquiry, which is often called an administrative subpoena, comes as the Trump administration signals a broad effort to increase federal scrutiny of nonprofit organizations operating in foreign-policy and activist spaces. Last October, after the...
Treasury Department prepares $250 bill with Trump's face on it
Congress needs to pass legislation in order for the bill's printing(Image credit: KENT NISHIMURA)
Bessent readies Trump $250 bill as one big hurdle stands between Treasury and making it reality
The Treasury Department is preparing a $250 note bearing President Donald Trump’s portrait for the nation’s 250th anniversary, but the bill can only move forward only if Congress changes federal law barring living people from U.S. currency. "It’s all up on Capitol Hill. At Treasury, we prepare things in advance.
Bessent readies Trump $250 bill as one big hurdle stands between Treasury and making it reality
The Treasury Department is preparing a $250 note bearing President Donald Trump’s portrait for the nation’s 250th anniversary, but the bill can only move forward only if Congress changes federal law barring living people from U.S. currency. "It’s all up on Capitol Hill. At Treasury, we prepare things in advance.
Bessent spars with Dem in fiery Trump tax showdown until claim crosses the line: ‘Slanderous’
Treasury Secretary Scott Bessent and Rep. Linda Sánchez, D-Calif., traded barbs during a Thursday congressional hearing after she pressed him over a DOJ settlement requiring the IRS to end any existing tax audits of President Donald Trump, with Sánchez ultimately accusing him of overseeing the "most corrupt Treasury Department" in U.S. history. "I hope that you're proud of your performance today, Mr. Secretary," Sánchez told Bessent as he testified before the House Ways and Means Committee...
Bessent spars with Dem in fiery Trump tax showdown until claim crosses the line: ‘Slanderous’
Treasury Secretary Scott Bessent and Rep. Linda Sánchez, D-Calif., traded barbs during a Thursday congressional hearing after she pressed him over a DOJ settlement requiring the IRS to end any existing tax audits of President Donald Trump, with Sánchez ultimately accusing him of overseeing the "most corrupt Treasury Department" in U.S. history. "I hope that you're proud of your performance today, Mr. Secretary," Sánchez told Bessent as he testified before the House Ways and Means Committee...