WRAL

Treasury plans to change tax credit eligibility in a move critics say will hurt immigrant taxpayers

WASHINGTON (AP) — The U.S. Treasury Department said Thursday it plans to reclassify certain refundable tax credits as “federal public benefits," which will bar some immigrant taxpayers from receiving ...
WRAL

Treasury Secretary Bessent calls for looser regulations for the U.S. financial system

WASHINGTON (AP) — U.S. Treasury Secretary Scott Bessent is proposing to overhaul a regulatory panel that monitors the nation's financial stability, by advocating for looser regulations. The Financial ...
Fox 5 San Diego

Trump’s tariffs may mean Walmart shoppers pay more, his treasury chief acknowledges

WASHINGTON (AP) — Treasury Secretary Scott Bessent acknowledged Sunday that Walmart, the largest U.S. retailer, may pass along some of the costs from President Donald Trump’s tariffs to its shoppers ...

On Capitol Hill, Treasury Secretary Bessent’s testimony descends into insults and shouting matches

A hearing with Treasury Secretary Scott Bessent turned chaotic Wednesday as Democratic lawmakers clashed with him over fiscal policy and Trump family conflicts.
KLFY News 10

Treasury rachets up investigations targeting Minnesota’s Somali community for fraud

WASHINGTON (AP) — The Treasury Department is targeting businesses that people use to wire money to family members abroad as the Trump administration rachets up investigations into fraud within ...