Treasury Department

The Treasury Department's top official for financial markets and stability expressed little urgency over the federal government's need to prepare for the potential launch of a digital U.S. dollar.

The Treasury Department announced a timeline for offering more information on some of the main tax provisions of the Inflation Reduction Act.

Senator Joe Manchin is pressing Treasury Secretary Janet Yellen to stand firm on North American-based manufacturing requirements for lucrative electric-vehicle tax credits.

Billionaire hedge fund manager Ken Griffin sued the Internal Revenue Service, claiming it failed to protect his confidential financial information.

The Internal Revenue Service and the Treasury issued a notice on labor requirements for enhanced tax benefits under the Inflation Reduction Act.

A former acting commissioner during the Obama administration is being nominated to fill Charles Rettig's spot.

The service will now enable 403(b) retirement plans to use the same retirement plan determination letter program currently employed by qualified retirement plans.

Treasury Secretary Janet Yellen picked the agency veteran, who has been deputy commissioner for services and enforcement since last year, to head the service.

More than 30,000 cities, counties and tribal governments with billions of dollars in federal stimulus money to spend are now largely on their own.

The government is requesting responses on implementing the Inflation Reduction Act's climate proposals by Nov. 4 or sooner.

Sheldon Whitehouse, D-Rhode Island, and Roger Wicker, R-Mississippi, introduced bipartisan legislation to put more responsibility on accountants and other financial professionals to safeguard against money laundering and other crimes.

The Treasury Secretary outlined some of the Biden administration's unfinished economic business in a speech.

The effective date of final regulations on foreign currency used by multinational companies' qualified business units is being postponed for another year.

Legislation introduced by a mix of Republicans and Democrats would exempt the firms from being considered cryptocurrency "brokers."

The Treasury Secretary waded into the congressional debate over proposed economic and climate legislation.

The former Treasury secretary said that any tax hikes shouldn’t go toward funding fresh outlays.

A worldwide tax deal heralded as a “revolution” for the profits of multinational tech firms has run into a thicket of technical difficulties that will delay implementation to 2024 at the earliest.

The Treasury developed the framework with other federal agencies in response to an executive order from President Biden, even as lawmakers have proposed their own industry-friendly legislation.

The Treasury and the IRS are likely to push off a January date for firms to begin tracking data such as customers’ capital gains and losses.

Effective June 7, isolation of Russia includes sanctions prohibiting U.S. accounting firms — even U.S. firms operating from offices overseas — from providing a variety of services to Russian individuals and entities.