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13 stories from Planck Standard. Latest: November 11, 2026.
The Treasury secretary left his Washington-area home after a photo let his Georgetown address be pinpointed. Separately, the U.S. moved refueling jets out of an English base over an Iran threat.
The sanctions hit a Russia-based, North Korean-controlled group that places operatives in U.S. companies under stolen identities and sends the pay home to fund weapons programs.
The Treasury inspector general says the IRS cannot reliably stop or detect snooping, failed to fire 22 people who accessed records without authorization, and left 175 taxpayers uninformed.
That's the highest since October 2023, with the national debt past $40 trillion. Analysts told CBS News the buyback is 'tinkering on the periphery.'
Proposed regulations would deny 501(c)(3) status to private schools whose admissions, scholarships, aid or athletics take race into account. They would bite for tax years starting May 31, 2027.
Officials say the network laundered hundreds of millions of dollars in oil revenue through shell companies in Hong Kong, Singapore and Dubai. "Every facilitator that keeps the regime afloat is putting a target on its own back," Treasury Secretary Scott Bessent said.
Kenneth Kies, once Trump's personal tax lawyer, was pushed toward the exit after telling officials a proposed request would violate a statute barring the White House from steering IRS audits, people familiar with the matter say.
Treasury Secretary Scott Bessent revealed the proposed commemorative note tied to the nation's 250th anniversary. Federal law still bars living people from U.S. money, and even some MAGA supporters are balking.
Secretary Bessent named the package the latest salvo in his 'Economic Fury' campaign, hitting firms in Shanghai, Ningbo, Hong Kong, Dubai and Minsk that allegedly supplied ballistic-missile materials and UAV components.
Treasury Secretary Scott Bessent threatened secondary sanctions against China, the UAE, and other nations that continue buying Iranian oil or holding Iranian funds in their banks.
The Treasury Department announced Thursday that President Trump's name will appear on all new paper currency alongside Secretary Scott Bessent's, making him the first sitting president ever to sign American money.
The historic break from 250 years of American tradition comes as the administration implements a series of measures designed to place the president's personal mark on federal institutions.
In the 10th interagency agreement to dismantle the Education Department, the Trump administration announced a three-phase plan to move all student loans — including 9.2 million in default and eventually FAFSA — to the Treasury, raising legal challenges and borrower confusion.