Treasury Department

IRS Warns Shutdown-Exempt Employees: Excessive Leave Could Lead to Furloughs
This week, the IRS faced significant workforce challenges as nearly half of its employees were furloughed. Now, employees who remain ... Read more

Why Agency Leaders Urge Staff to Stay Calm Amid Layoff Threats: What You Need to Know
Federal employees are anxious as talks of a government shutdown loom. This week, guidance from the White House suggested that ... Read more

IRS Watchdog Issues Urgent Alert: Brace for Tax Filing Challenges Ahead as Workforce Slashed by 25%
A recent report from the National Taxpayer Advocate, Erin Collins, highlights potential challenges for taxpayers in the upcoming filing season. ... Read more

Trump Steps Back: Withdrawal of Consumer Bureau Nominee Sparks Controversy
President Trump is shifting gears on his nomination for Jonathan McKernan. Originally tapped to lead the Consumer Financial Protection Bureau ... Read more

IRS Unveils Bold Strategy to Reduce Workforce by 40% as Tax Filing Season Concludes—What It Means for You
The IRS is gearing up for significant changes after this tax filing season, planning to reduce its workforce by up ... Read more

How Trump’s Actions Are Shaking Up the Safest Investment in Global Finance
In uncertain times, many investors have relied on U.S. government bonds as a safe haven. Traditionally, these bonds are seen ... Read more

Navigating Trade Wars: How Bessent is Mastering the Challenges of a Tumultuous U.S. Economy
The recent dinner gathering of former U.S. Treasury secretaries took on a serious tone not typically seen at these events. ... Read more

How Trump’s Tariffs Are Disrupting the Bond Market: Why This is Not the New Normal
Last Friday, the U.S. financial system faced a significant shake-up. Government bond yields spiked as worries about rising tariffs increased. ... Read more