U.S. Treasury Releases Report on Benefits of Labor Unions
Treasury releases comprehensive report on labor unions. The report was initiated by Vice President Harris.
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Treasury & IRS Propose Regulations Digital Assets
Treasury Department and IRS release proposed regulations on digital assets sale by brokers and solicit public input and feedback.
$175M for Minority Small Businesses, Capital Readiness
Minority Business Development Agency (MBDA) announces $175 million for awardees under the Capital Readiness Program (CRP).
IRS Aims for Paperless Processing
IRS launches Paperless Processing Initiative with a goal of paperless correspondence by 2024, paperless processing by 2025.
Secretary Yellen to Visit Beijing to Meet with Senior PRC Officials
Secretary of the Treasury, Janet L. Yellen, will travel to Beijing, China from July 6-9 for meetings with senior officials.
TREASURY: Treasury Department Bolsters Semiconductor Supply Chain Confidence with Key CHIPS Investment Tax Credit Guidance
The regulations aim to stimulate investment in U.S. semiconductor manufacturing and manufacturing equipment.
TREASURY: Secretary of the Treasury Janet L. Yellen Sends Letter to Congressional Leadership on the Debt Limit
This is the second letter in a month regarding the debt limit and the Treasury Department’s financing capacity for federal operations.
TREASURY: Treasury Department Announces Awards to Connect More Families and Businesses to High-Speed Internet as Part of President Biden’s Investing in America Agenda
Treasury has approved approximately $185.9 million for Delaware and Idaho under the American Rescue Plan’s Capital Projects Fund (CPF)
TREASURY: New Treasury Department, IRS, and Census Study Finds Economic Impact Payments Quickly and Effectively Reached Underserved Communities and Americans Most In Need
The research indicates 55% of recipients received their EIP in the first week, with 95% receiving it within six weeks.
TREASURY: Secretary of the Treasury Janet L. Yellen Sends Letter to Congressional Leadership on the Debt Limit
“We will be unable to continue to satisfy all of the government’s obligations by early June, and potentially as early as June 1”