The Latest Breaking News from Treasury Department

The U.S. Treasury Department plans to reclassify certain refundable tax credits as "federal public benefits," barring undocumented immigrants and some noncitizens from receiving them

Retirement accounts like IRAs are designed to provide stability, but government rules around them change frequently. The Treasury Department’s latest adjustments in 2025 affect how...

The Treasury Department has released a preliminary list of jobs exempt from income tax on tips, including food service, concierge, and salon workers

The Internal Revenue Service violated its own policies when it fired thousands of probationary employees earlier this year at the direction of the Trump administration, the Treasury Department's inspector general said in a report released last week.

President Donald Trump's tariffs poured billions into U.S. coffers in July, setting yet another monthly record for customs duty collections. Treasury Department data released Tuesday shows $27.7 billion in duties came in last month — up from $26.6 billion in June and $22.2 billion in May, and more than triple…

The U.S. government’s gross national debt has surpassed $37 trillion, setting a new record

The U.S. mint made its final order of penny blanks, the Treasury Department said Thursday.

In Pennsylvania, a hydrogen hub in upheaval as natural gas producer pauses involvement while four others bail on the project.

The Trump administration has already spent $155 billion more than former President Joe Biden did over the same period of time after their inaugurations, according to Treasury Department data. And Elon Musk is now claiming that his Department of Government Efficiency has only managed to save $150 billion.