Treasury Department – Page 11 – MOSAEC

U.S. National Debt Tops $35 Trillion for First Time

National Debt (US) Presidential Election of 2024 Treasury Department United States Politics and Government

U.S. National Debt Tops $35 Trillion for First Time

The presidential candidates have offered few ideas for reducing the debt burden as red ink continues to mount.

By Alan Rappeport

How Janet Yellen Became an Unlikely Culinary Diplomat

Banking and Financial Institutions Food International Trade and World Market Restaurants Treasury Department United States Politics and Government

How Janet Yellen Became an Unlikely Culinary Diplomat

The Treasury secretary views food as a way to connect, and her dining decisions have become the subject of global intrigue.

By Alan Rappeport

I.R.S. Crackdown on Delinquent Millionaires Yields $1 Billion

High Net Worth Individuals Internal Revenue Service Tax Cuts and Jobs Act (2017) Tax Evasion Taxation Treasury Department United States Politics and Government Wages and Salaries

I.R.S. Crackdown on Delinquent Millionaires Yields $1 Billion

The beefed-up enforcement is part of the agency’s modernization initiative aimed at improving customer service and catching wealthy tax evaders.

By Alan Rappeport

New Plan to Target Russia’s Oil Revenue Brings Debate in White House

Embargoes and Sanctions Oil (Petroleum) and Gasoline Russian Invasion of Ukraine (2022) Sovcomflot Treasury Department United States International Relations

New Plan to Target Russia’s Oil Revenue Brings Debate in White House

Treasury officials want to impose penalties on tankers that help Russian oil evade sanctions. White House aides worry that risks making gasoline more expensive.

By Jim Tankersley and Alan Rappeport