penny, Treasury Department and phase out production
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Trump's Big Tax Bill Clears The House
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President Donald Trump's administration is lifting sanctions on war-torn Syria, with the goal of speeding recovery and reconstruction efforts in the Middle Eastern country.
After over 200 years, the United States government plans to stop making new pennies, the Treasury Department told the Wall Street Journal.
The Trump administration issued orders Friday to begin easing sanctions on Syria, marking a major policy shift after US President Donald Trump pledged earlier this month to roll back the measures during a trip to the Middle East.
Treasury Secretary Scott Bessent said of the action against the alleged leaders of Mexico-based Cartel del Noreste: “We will continue to cut off the cartels’ ability to obtain the drugs,
A federal judge has rejected a bid by the U.S. Treasury Department to cancel a union contract covering tens of thousands of IRS staff, an early blow to President Donald Trump's efforts to eliminate collective bargaining rights for many federal workers.
Wall Street slumped under the weight of pressure from the bond market, where Treasury yields climbed on worries about the U.S. government’s spiraling debt and other concerns.
That’s not just any surplus — it’s the first monthly surplus of fiscal year 2025 (which began in October 2024), and the second-largest monthly surplus in U.S. history, behind only April 2022’s $308.2 billion surplus.