SPLC indictment builds momentum for Bessent’s Treasury to probe partisan nonprofits

NEWYou can now listen to Fox News articles! The Treasury Department is tightening Internal Revenue Service (IRS) tax-exempt reporting requirements in an effort to uncover nonprofit funding being used for “extremist activity” and “hiding fraud.” The move comes days after the Southern Poverty Law Center (SPLC), a nonprofit known for civil rights litigation and racial … Read more

Treasury Secretary Scott Bessent testifies before the Senate

IE 11 is not supported. For an optimal experience visit our site on another browser. UP NEXT What are peptides and why is the FDA considering easing limits? 03:09 Meet Viper, the MRI for your car 02:46 Virginia voters approve congressional redistricting amendment 02:36 Chicago collectible store is latest target in Pokemon card crime spree … Read more

Treasury secretary says Americans can already see refunds as Trump’s tax breaks kick in

Treasury secretary says Americans can already see refunds as Trump’s tax breaks kick in – CBS News Watch CBS News Treasury Secretary Scott Bessent said Americans are already seeing record refunds as President Trump’s new tax breaks start to kick in. Nancy Cordes reports. Source link

Treasury to place Trump’s signature on paper currency to mark US 250th anniversary

NEWYou can now listen to Fox News articles! U.S. dollar bills will bear President Donald Trump‘s signature to mark the 250th anniversary of American independence, the Treasury Department said, a first for a sitting president. Trump’s signature will be placed on all U.S. paper currency and will replace the Treasurer of the United States’ signature … Read more

Trump’s signature will be featured on U.S. paper currency, a presidential first, Treasury says

The Treasury Department plans to add President Trump’s signature to new U.S. paper currency, an unprecedented move for a sitting president, the department announced Thursday. “There is no more powerful way to recognize the historic achievements of our great country and President Donald J. Trump than U.S dollar bills bearing his name,” Treasury Secretary Scott … Read more

Treasury secretary defends U.S. military actions in Iran: ‘Sometimes you have to escalate to de-escalate’

Treasury Secretary Scott Bessent on Sunday defended strikes on Iran’s infrastructure since the U.S and Israel’s joint operation against the country began in February, saying “sometimes you have to escalate to de-escalate.” His comments came just hours after President Donald Trump wrote in a post on Truth Social that he was giving Iranian leadership 48 … Read more

Student loans to go to Treasury Department as Trump continues to dismantle Education Department

WASHINGTON — The U.S. Education Department is handing off a portion of its student loan portfolio to the Treasury Department, a first step toward shedding management of all student loans as Trump administration officials dismantle the federal education agency. Under an agreement announced Thursday, the Treasury Department will take over management of student loans whose … Read more

Mortgage rates rise as Iran war fans inflation fears and lifts Treasury yields

Mortgage rates in the U.S. jumped this week to the highest level in three months, as the Iran war fans inflation fears and puts pressure on the U.S. housing market. The 30-year fixed mortgage rate rose to 6.22% in the week ending March 19, up from 6.11% the previous week, according to Freddie Mac.  Economists note that … Read more

Average tax refund tops $3,700 midway through filing season, Treasury says

NEWYou can now listen to Fox News articles! FIRST ON FOX: Taxpayers are seeing an average refund above $3,700 halfway through the filing season, and the Trump administration is pointing to its new tax breaks as a driver of higher take-home pay. Treasury figures reviewed by Fox News Digital show the IRS has processed nearly 63.5 … Read more