News

Head of I.R.S. Is Ousted in Treasury’s Power Struggle With Elon Musk
Treasury Secretary Scott Bessent complained to President Trump that the acting commissioner had been installed without his ...
Government Executive10d
Treasury eliminates offices and outsources work, with more layoffs coming
The Treasury Department has begun slashing some offices as part of President Trump’s efforts to reduce the federal workforce, adding several divisions of the Bureau of Fiscal Service to the cut ...
Yahoo Finance25d
Treasury Department planning 'substantial' layoffs
The Treasury Department is planning to lay off a substantial number of employees as part of Elon Musk's Doge push. That's according to a recent court filing. An official in the Treasury's Human ...
Business Insider10d
The Treasury Department says IRS Direct File is a failed program. Its creators are worried DOGE is going to kill it.
A Treasury Department official told BI it was a failed program and said its fate was up in the air. The future of IRS Direct File looks grim as a DOGE official eyes cuts and the Treasury ...
FedScoop6d
DOGE staffer given green light by judge to access Treasury systems
Protestors of Elon Musk and DOGE gather outside the Treasury Department in Washington, D.C., on Feb. 4, 2025. (Scoop News Group photo by Madison Alder) One of Elon Musk’s DOGE surrogates has a pathway ...
The Hill8d
Judge softens ban on DOGE access to Treasury Department data
A New York federal judge has partially walked back a ruling blocking President Trump’s Department of Government Efficiency (DOGE) from accessing sensitive payment data at the Treasury Department.
Bloomberg L.P.26d
Treasury Plans ‘Substantial’ Layoffs as Part of Musk’s DOGE Push
The Treasury is finalizing its plans in response to President Donald Trump’s executive order implementing the Department of Government Efficiency, or DOGE, initiative. Those plans “will be ...
FedScoop22d
Treasury Department elevates Jeffrey King from deputy CIO to the top IT spot
Jeffrey King is now the acting chief information officer of the Treasury Department, according to an update to the CIO Council webpage. Tony Arcadi, who has served the position since 2021, told ...
JD Supra27d
Treasury Department Suspends Enforcement of the Corporate Transparency Act Against U.S. Citizens and Domestic Reporting Companies
FinCEN intends to issue a final rule this year. The U.S. Treasury Department has suspended enforcement of the Corporate Transparency Act for all U.S. citizens and domestic reporting companies.
AOL27d
US Treasury department prepares to streamline banking regulators, Semafor reports
(Reuters) -The U.S. Treasury department is preparing recommendations for streamlining some banking regulators, Semafor reported on Monday, as it seeks a stronger role in the oversight of the ...
CBS News10d
Dismantling Department of Education could cause chaos for Americans with student loans, experts warn
Trump administration officials had previously said such programs would eventually be transferred to another federal agency, such as the Treasury Department, Commerce Department or SBA.