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The suicide of Alan Krueger, a former Obama and Clinton adviser who killed himself this weekend, has shocked the worlds of politics and business where he was universally revered. Krueger, 58, had a new book coming out in June and was still a member of faculty at Princeton University in New Jersey. He lived at home with his wife Lisa, with whom he has two children, Benjamin, 28, and Sydney, 26. He is survived by them, his elderly parents and siblings. The family confirmed that he killed himself in a statement that was released by Princeton on Monday but no...

The Treasury Department will auction $84 billion in notes and bonds next week in its quarterly refunding auctions, keeping the same size as in its prior offerings, the government said Wednesday. With Congress facing a March 1 deadline to raise the debt limit, Treasury said that it can use certain “extraordinary measures” to continue to finance the government on a temporary basis. Treasury said it was too early to provide “a more precise forecast” on how long the extraordinary measures will last.

As reported in Table IV of the Daily Treasury Statement, the U.S. Treasury collected approximately $21.672 billion in taxes on Christmas Eve, the first business day of the partial federal “shutdown” that began at midnight last Friday. Those Christmas Eve tax collections brought total federal tax revenues for fiscal 2019, which began on Oct. 1, to approximately $666.482 billion. On Friday, Dec. 21, the last day before the partial government shutdown, the Treasury collected approximately $10.876 billion in tax revenues, according to the Treasury statement for that day. That brought total tax collections for fiscal 2019 to approximately $644.811 billion—at...

Treasury Secretary Steven Mnuchin called the CEO's of the nation's six largest banks on Sunday amid a continued precipitous decline in the markets in recent weeks.  Reuters: The Treasury said in a statement that Mnuchin talked with the chief executives of Bank of America (BAC.N), Citi (C.N), Goldman Sachs (GS.N), JP Morgan Chase (JPM.N), Morgan Stanley (MS.N) and Wells Fargo (WFC.N). “The CEOs confirmed that they have ample liquidity available for lending,” the Treasury said. Mnuchin “also confirmed that they have not experienced any clearance or margin issues and that the markets continue to function properly,” the Treasury said....

You might remember back in May 2018 when sketchy porn lawyer Michael Avenetti was releasing U.S. Treasury notifications on Michael Cohen received from an unknown source within the Treasury Department. You might also remember when New Yorker’s Ronan Farrow wrote a sympathetic article after talking to the leaking treasury official. As a result the Treasury Inspector General began an investigation. Today, a U.S. Treasury employee named Natalie Mayflower Sours-Edwards was arrested and charged with leaking to numerous reporters multiple financial reports about suspicious financial transactions related to: Paul Manafort, Richard Gates, Maria Butina, and others.

Shortened title. Full title: Deep State Treasury Leaker Arrested – Senior U.S. Treasury Official Arrested for Leaking Financial Forms To Media You might remember back in May 2018 when sketchy porn lawyer Michael Avenetti was releasing U.S. Treasury notifications on Michael Cohen received from an unknown source within the Treasury Department [See Here]. You might also remember when New Yorker’s Ronan Farrow wrote a sympathetic article after talking to the leaking treasury official [See Here]. As a result the Treasury Inspector General began an investigation.

A U.S. Treasury Department official has been criminally charged with leaking confidential documents relating to former Trump campaign chairman Paul Manafort, the Russian embassy and others, to a reporter from digital media company BuzzFeed, Manhattan federal prosecutors announced on Wednesday. Natalie May Edwards, a senior adviser in the Treasury Department's Financial Crimes Enforcement Network (FinCEN), was arrested on Tuesday and charged with unauthorized disclosure of suspicious activity reports, according to the office of U.S. Attorney Geoffrey Berman. She was expected to make an initial appearance in Virginia federal court later in the day.

The GOP's long-promised change is an offshoot of a tax overhaul last year that cut corporate rates and winnowed down the number of individual tax brackets. On Friday, the Treasury Department and IRS unveiled the new postcard, which will replace the current forms 1040, 1040A and 1040 EZ.

Treasury Secretary Steven Mnuchin is optimistic on U.S. economic growth. "We’re excited. This is the six month anniversary of tax cuts. We’re expecting a big second quarter GDP number," he said on CNBC's "Squawk Box" on Wednesday. “Let me just say I have no advance notice of what it looks like.” President Donald Trump signed the Republican tax overhaul in December, which lowered the corporate tax rate to 21 percent from 35 percent. Mnuchin cited the Federal Reserve Bank of Atlanta's projected GDP growth of 4.7 percent for the second quarter. "I have no idea whether it will be that...

Treasury Secretary Steven T. Mnuchin: "The United States is engaged in an ongoing effort to counter malicious actors working at the behest of the Russian Federation and its military and intelligence units to increase Russia’s offensive cyber capabilities. The entities designated today have directly contributed to improving Russia’s cyber and underwater capabilities through their work with the FSB and therefore jeopardize the safety and security of the United States and our allies.” “The United States is committed to aggressively targeting any entity or individual working at the direction of the FSB whose work threatens the United States and will continue...

The Treasury Department’s inspector general is investigating whether Michael Cohen’s banking records were leaked after details about Cohen’s financial records were made public Tuesday, the inspector general’s office confirmed to TPM on Wednesday. The Washington Post was first to report that the inspector general’s office had opened the investigation into possible leaks of Cohen’s banking information. Rich Delmar, the counsel to the Treasury Department inspector general, told TPM that in response to New York Times reports on payments that Cohen allegedly received from a Russian oligarch’s U.S. affiliate company, the inspector general is looking into whether Suspicious Activity Reports (SARs)...

WOW! Treasury Department Office of Foreign Asset Control (OFAC) published a list of all people & organizations whose assets have been blocked or frozen as a result of the Dec 21 Executive Order by POTUS The document is 1,108 pages.https://www.treasury.gov/ofac/downloads/sdnlist.pdf

Many analysts dismissed “the Kremlin list” the Trump Administration released two weeks ago as a bad joke or worse and thus failed to recognize the extent to which its contents in fact have made Moscow far more afraid of the US president than they were before, according to Liliya Shevtsova. First of all, “by publishing practically the entire list of members of the Russian government and Presidential Administration, the White House shifted from the traditional Western effort of trying to divide the Russian elite into pro-Western and anti-Western factions..." Instead, it properly treated the entire kleptocratic elite as being linked...

The Treasury Department and IRS will seek to prevent hedge funds from exploiting the new tax law to cut their taxes through carried interest, Steven Mnuchin said Wednesday in congressional testimony. Mnuchin was responding to the news reported earlier in the morning by Bloomberg that hedge funds are setting up Delaware LLCs in large numbers to try to avoid the law's limitation on carried interest.

The intelligence division at the Treasury Department has repeatedly and systematically violated domestic surveillance laws by snooping on the private financial records of US citizens and companies, according to government sources. Over the past year, at least a dozen employees in another branch of the Treasury Department, the Financial Crimes Enforcement Network, have warned officials and Congress that US citizensÂ’ and residentsÂ’ banking and financial data has been illegally searched and stored. And the breach, some sources said, extended to other intelligence agencies, such as the National Security Agency, whose officers used the TreasuryÂ’s intelligence division as an illegal back...

The world's worst crooks and killers should be running scared. The law and the executive order President Donald Trump issued make it much easier for the U.S. government to single out and punish egregious cases of abuse. Included in the list were Artem Chayka, the son of the prosecutor general of Russia; Gao Yan, a senior Chinese security official; and Maung Maung Soe, who oversaw Burmese military atrocities against ethnic Rohingya. "Today, the United States is taking a strong stand against human rights abuse and corruption globally by shutting these bad actors out of the U.S. financial system," Treasury Secretary...

Did the current administration “collude” with Russia? So far no evidence at all has emerged to support that hypothesis, but Politico’s Josh Meyer digs deep into another curious set of circumstances in the Obama White House and its own operations with a foreign power. Perhaps the media will start asking whether the previous administration colluded with Iran to let terrorists and drug dealers go free in order to score one of the worst deals ever in international relations. Before Barack Obama decided to pursue the nuclear deal with Iran, the DEA had a major operation called Project Cassandra. This operation...

I am watching a panel discussion led by Judicial Watch Host Christopher J. Farrell, Director of Investigations and Research at Judicial Watch. The expert panelists include: Dr. Sebastian Gorka – Former Deputy Assistant to the President And Author of New York Times best seller Defeating Jihad: The Winnable War. Diana West – Journalist and Author of American Betrayal: The Secret Assault on Our Nation’s Character. Todd Shepherd – Investigative Reporter Washington Examiner. James Peterson – Senior Attorney Judicial Watch.

WASHINGTON -- Treasury Secretary Steven Mnuchin is raising speculation that Harriet Tubman's future on the $20 bill could be in jeopardy. Mnuchin is avoiding a direct answer when asked whether he supports the decision made by the Obama administration to replace Andrew Jackson on the $20 bill with Harriet Tubman, the 19th century African-American abolitionist famous for the Underground Railroad. During last year's campaign, Donald Trump praised Jackson, the nation's seventh president, for his "history of tremendous success" and said the decision to replace him with Tubman was "pure political correctness."

The amount of money the government spends on programs and the amount it collects in taxes could change from the budget office projections, so the office warns that the Treasury could run out of funds even earlier. Currently, the federal deficit stands at $693 billion, which is an increase of $134 billion than what it projected in January. The federal government has an outstanding debt of $19.8 trillion, which includes $14.3 trillion in public debt and $5.5 trillion held by government accounts. Spending on major government programs such as Social Security and Medicare causes the amount of borrowing to increase....