Treasury Department

Bessent didn't provide details about how the cost would be offset, though he said the Treasury had been working on the plan for "quite awhile."

The Treasury Department escalated an effort to strip schools of their tax-exempt status if they consider race in admissions, scholarships or other areas.

The Treasury Department and the IRS issued proposed regulations threatening to end the tax-exempt status of schools that offer programs to help minority groups.

An exchange-traded fund strategy that delivers Treasury bill-like returns with lower taxes is getting a fresh boost.

Under the proposed regulations, funds can only be invested in eligible investments beginning when the account is established until the beneficiary turns 17.

The Trump administration moved to further limit immigrants' access to the refundable portion of four tax credits aimed at aiding students, workers and families.

Proposed regulations would prohibit undocumented immigrants from receiving much of the money from refundable tax credits such as the EITC, CTC and AOTC.

The Treasury Department issued a notice of proposed rulemaking on implementing a section of the GENIUS Act on who can sell digital assets pegged to a fiat currency like the U.S. dollar.

The Treasury Department's Financial Crimes Enforcement Network issued a final rule permanently removing the requirement for U.S. companies and people to report beneficial ownership information.

The American Institute of CPAs asked the Treasury and the IRS to revise three of their recent notices on the corporate alternative minimum tax.

The proposed regulations clarify nondiscrimination requirements for employers offering Trump account contribution programs and dependent care assistance.

The IRS and the Treasury want taxpayers to take advantage of the federal Saver's Match program for retirement accounts as part of the new TrumpIRA.gov website.

The IRS and the Treasury issued guidance on the permanent extension of the employer tax credit for paid family and medical leave under the OBBBA.

The Internal Revenue Service slashed the number of languages it supported from 20 to seven in response to an executive order from President Trump.

The Treasury's Financial Crimes Enforcement Network issued an alert about fraud schemes targeting student aid programs administered by the federal government.

A top official at the Internal Revenue Service and the Treasury Department was reportedly ousted after raising concerns over political influence over audits.

The Treasury is considering rules on taxation of college endowments and changes to treatment of R&D costs, bonus depreciation and caps on business interest deductions.

Money flowing into President Donald Trump's newly created accounts for children will initially be invested in a State Street Corp. exchange-traded fund.

There's a safe harbor for gift tax reporting, but the American Institute of CPAs recommends families educate themselves as the accounts go live July 4.

The Treasury's Financial Crimes Enforcement Network limited access by federal agencies to the information reported by companies amid lawsuits and rule changes.