Posts filtered by tags: Treasury[x]


 

Mnuchin Flew to L.A. on Private Jet of Billionaire Michael Milken

The Treasury Secretary, who has come under fire for previous air travel decisions, has reimbursed Mr. Milken for the flight, a spokesman said. Mr. Milken served time in prison for securities fraud.
Tags: News, Treasury, Conflicts Of Interest, Ethics and Official Misconduct, Securities and Commodities Violations, Michael Milken, Regulation and Deregulation of Industry, United States Politics and Government, Airlines and Airplanes, Mnuchin, Fines (Penalties, Gifts to Public Officials, Milken, Private Aircraft


Mnuchin Seeks China Tariff Relief, WSJ Says; Treasury Denies It

Treasury Secretary Steven Mnuchin is a proponent of easing up on tariffs, while U.S. Trade Representative Robert Lighthizer has reservations about the idea, the newspaper reported Thursday, citing unnamed people close to the discussions. The Treasury Department disputed that reporting. Neither Mnuchin nor Lighthizer has made any recommendations with respect to tariffs or other parts of the negotiations with China, according to a Treasury spokesperson working with the administration’s trade tea...
Tags: News, China, Treasury, Treasury Department, U S Trade, Mnuchin, Steven Mnuchin, Robert Lighthizer, Lighthizer, Mnuchin Seeks China Tariff Relief WSJ


Treasury's Mnuchin declines to testify before House panel on shutdown

Treasury Secretary Steven Mnuchin on Thursday declined a request by the Democratic chairman of the U.S. House of Representatives tax committee to testify next week about the partial government shutdown's impact on the upcoming federal tax filing season. In a letter to House Ways and Means Committee Chairman Richard Neal, the Treasury Department offered to send senior officials "who are most knowledgeable" about the department's plans during the shutdown. The Internal Revenue Service said this ...
Tags: News, House, Treasury, Internal Revenue Service, U S House of Representatives, House Ways and Means Committee, Richard Neal, The Treasury Department, Mnuchin, Steven Mnuchin


Treasury poised to ease sanctions tied to Russian oligarch

WASHINGTON (AP) — The Treasury Department appears set to lift sanctions on three companies connected to Russian oligarch Oleg Deripaska despite concerns from lawmakers in both parties who say the Trump administration should be tougher on Russian President Vladimir Putin and his allies.
Tags: News, Vladimir Putin, Washington, Ap, Treasury, Trump, Treasury Department, Oleg Deripaska


House Democrat calls on Mnuchin to appear for hearing on IRS shutdown plan

The top Democrat on the powerful House Ways and Means committee on Thursday asked Treasury Secretary Steven Mnuchin to testify next week about the decision to bring more than 36,000 IRS workers back to work unpaid as the government shutdown drags into tax season.
Tags: Cnn, House, Treasury, Irs, House Ways and Means Committee, Mnuchin, Steven Mnuchin


Trump White House cancels Davos trip for World Economic Forum

The planned delegation included Pompeo and Mnuchin. White House press secretary Sarah Sanders says the Trump administration has canceled a planned trip to Davos, Switzerland, for the World Economic Forum. The announcement was made today, Thursday, the 27th day of Trump's partial government shutdown. [email protected]: “Out of consideration for the 800,000 great American workers not receiving pay and to ensure his team can assist as needed, President Trump has canceled his Delegation’s trip to the...
Tags: Post, Politics, News, White House, Russia, US news, Davos, House, Switzerland, Treasury, Donald Trump, Trump, Wef, World Economic Forum, Davos Switzerland, David Gura


Trump Cancels White House Trip To Davos Because Of Government Shutdown

Treasury Secretary Steve Mnuchin was expected to lead the delegation to the World Economic Forum on Jan. 22.
Tags: News, Treasury, Steve Mnuchin, Trump Cancels White House


Oil Rebound Fizzles as Treasury Denies U.S. Easing China Tariffs - Bloomberg

Oil Rebound Fizzles as Treasury Denies U.S. Easing China Tariffs - Bloomberg:Oil’s after-market rebound waned Thursday after the U.S. Treasury Department disputed a report that the Trump administration might ease trade tariffs against China.Futures in New York climbed as much as 0.5 percent, erasing what had been a losing session, before slipping again. The turnaround came after the Wall Street Journal said Treasury Secretary Steven Mnuchin is a proponent of rolling back the penalties, citing un...
Tags: Travel, New York, China, Treasury, Wall Street Journal, Trump, Treasury Department, BNP Paribas SA, U S Treasury Department, Rupert Neil Bumfrey, Steven Mnuchin, Harry Tchilinguirian, Treasury Denies U S Easing China Tariffs Bloomberg, China Futures


US officials consider lifting China tariffs: report

US officials have considered lifting tariffs on Chinese imports to calm volatile stock markets and encourage Beijing to make concessions in current trade talks, The Wall Street Journal reported Thursday. American and Chinese trade officials have until March 1 to resolve their trade war, to prevent a sharp increase in punitive US duties on $200 billion in Chinese goods. Treasury Secretary Steven Mnuchin raised the idea of revoking tariffs on some or all of the $250 billion in Chinese goods impa...
Tags: News, White House, China, US, Beijing, Treasury, Wall Street Journal, Steven Mnuchin


House Democrat calls on Mnuchin to cut Davos trip short for hearing on IRS shutdown plan

The top Democrat on the powerful House Ways and Means committee on Thursday asked Treasury Secretary Steven Mnuchin to testify next week about the decision to bring more than 36,000 IRS workers back to work unpaid as the government shutdown drags into tax season.
Tags: Cnn, Davos, House, Treasury, Irs, House Ways and Means Committee, Mnuchin, Steven Mnuchin


United States: Treasury And IRS Propose Welcome (And Some Unwelcome) Guidance On The Base Erosion And Anti-Abuse Tax - Fenwick & West LLP

Treasury and the IRS have issued proposed regulations filling a number of gaps and providing necessary guidance on the Base Erosion and Anti-Abuse Tax (BEAT).
Tags: News, United States, Treasury, Irs, Fenwick, West LLP, Treasury And IRS


This Quiet Mueller Cooperator Has a Key Role in Trump Probe

Rick Gates, who spent about a decade working for Kremlin-backed political players in Ukraine, served as Donald Trump’s deputy campaign manager for four months and then became the campaign’s liaison to the Republican National Committee. Weeks later, he appears to have met with Mnuchin and Barrack again for an appointment marked as personal on the Treasury secretary’s calendar.
Tags: News, Ukraine, Treasury, Kremlin, Donald Trump, Barrack, Mnuchin, Rick Gates, Mueller Cooperator Has, Republican National Committee Weeks


Senate GOP Blocks Dem Effort To Enforce Sanctions On Russian Oligarch Firms

WASHINGTON (AP) — The Senate has narrowly upheld a Treasury Department decision to lift sanctions from three companies connected to Russian oligarch Oleg Deripaska. A vote to move forward on a Democratic resolution that would have reversed Treasury’s decision failed Wednesday on a 57-42 vote, just short of the 60 votes needed. The vote came up short even though several Republicans had criticized the sanctions move and 11 of them voted with Democrats. At issue is a December announcement from th...
Tags: Florida, News, Putin, Vladimir Putin, Congress, Montana, Washington, Senate, Russia, Ap, Gop, Maine, Arkansas, House, Arizona, Treasury


IRS calling back half its employees to process returns and issue taxpayer refunds

IRS headquarters image by Kari Bluff via Flickr Creative Commons The Internal Revenue Service has some good news for taxpayers and sort of good news for its staff. The agency is calling back more than half — specifically, 46,052 or almost 55 percent of its more than 80, 265 — employees. These are workers who, according to the updated government shutdown contingency plan issued Jan. 15 by the Treasury Department, are necessary for the IRS "to continue return processing activities to the ex...
Tags: Taxes, Treasury, State Department, Sam, Irs, Internal Revenue Service, Treasury Department, National Air Traffic Controllers Association, Criminal Investigation, Reardon, NTEU, National Treasury Employees Union, Tony Reardon, Kari Bluff


Senate upholds Treasury decision to ease Russian sanctions

WASHINGTON (AP) — The Senate has narrowly upheld a Treasury Department decision to lift sanctions from three companies connected to Russian oligarch Oleg Deripaska. A vote to move forward on a Democratic resolution that would have reversed Treasury’s decision failed Wednesday on a 57-42 vote, just short of the 60 votes needed. The vote came […]
Tags: Business, News, Washington, Senate, Ap, Treasury, Democratic, Treasury Department, Oleg Deripaska


GOP Senators Split With White House On Russia Sanctions

WASHINGTON (AP) — Almost a dozen Senate Republicans broke with the White House Tuesday on Russia, voting to move forward on a resolution that would maintain sanctions on companies linked to oligarch Oleg Deripaska. The Democratic resolution would stop the Treasury Department from lifting penalties against the Russian aluminum manufacturing giant Rusal and two other companies connected to Deripaska. Senators took two procedural votes to proceed to the resolution, with 11 Republicans voting wit...
Tags: Florida, News, Putin, Vladimir Putin, Congress, Montana, Washington, Saudi Arabia, Senate, White House, Russia, Defense, Ap, Democrats, Gop, Maine


Senate Advances Measure to Keep Sanctions on Deripaska Units

The 57-42 vote to take up the measure Tuesday came shortly after Treasury Secretary Steven Mnuchin lobbied GOP senators at the Capitol and indicated he’s not backing down from his plan to lift sanctions against three companies Deripaska controls: United Co. Rusal, En+ Group Plc and EuroSibEnergo JSC. “We have great responsibility in managing sanctions programs all over the world and we take those responsibilities very seriously,” Mnuchin told reporters after he met privately with Senate Republi...
Tags: News, Senate, Gop, Treasury, Capitol, JSC, Mnuchin, Steven Mnuchin, Deripaska, United Co Rusal En Group Plc


Experience Jordan: 6 Nights of Ancient History, Beautiful Scenery and Adventure!

“The day we stop exploring is the day we commit ourselves to live in a stagnant world, devoid of curiosity, empty of dreams.” A quote by Neil deGrasse Tyson, still holds true to this day and the days yet to come. We often limit ourselves to see the beauty of the world in accordance to what we know about it. Surprisingly enough, the many wonders of the world are no secret to those that realize that even places we may not have thought to visit are hosts to some of the most beautiful destinations,...
Tags: Travel, Saudi Arabia, Iraq, Syria, Earth, Middle East, Treasury, Neil Degrasse Tyson, Jordan, Artemis, Wadi Rum, Petra, Amman, Red Sea, Vic, Dead Sea


United States: House Committee Leaders Seek Briefing On Termination Of Certain Sanctions Against Russian Oligarch - Cadwalader, Wickersham & Taft LLP

The leaders requested that Treasury delay the implementation of the sanction terminations until Mr. Mnuchin had an opportunity to brief House members.
Tags: News, United States, House, Treasury, Mnuchin, Taft LLP


Ivanka Trump to work on World Bank president search

WASHINGTON (AP) — The White House says Ivanka Trump will take part in the nomination process for a new head of the World Bank.The senior adviser was asked to participate by Treasury Secretary Steven Mnuchin because she has worked... [Author: [email protected]]
Tags: Business, Washington, White House, Ap, Treasury, World Bank, Ivanka Trump, Steven Mnuchin


Government's surplus runs ahead of forecast

The government's budget surplus for the five months ended November was running slightly ahead of forecast due to it collecting more tax and incurring fewer expenses than forecast.The surplus of $261 million was in contrast to Treasury's... [Author: [email protected]]
Tags: Business, Treasury


Transparency-seeking OPEN Government Data Act signed into law

The federal government produces one hell of a lot of data, but despite desultory lurches toward usability, there’s little guarantee that it’s available in a way that makes it useful to anyone. That may change for the better with the OPEN Government Data Act, which the president signed into law last night. The act essentially requires federal agencies to default when possible to making data (and metadata) public, to publish that public data in a machine-readable format and catalog it online. It a...
Tags: Fcc, Government, Senate, Tech, Policy, House, Treasury


Mnuchin urges senators to support easing Russia sanctions

WASHINGTON (AP) — Treasury Secretary Steven Mnuchin (mih-NOO'-shin) is urging Republican senators to support the Trump administration's decision to ease sanctions on companies linked to Russian oligarch Oleg Deripaska.Mnuchin met... [Author: [email protected]]
Tags: Business, Washington, Russia, Ap, Treasury, Trump, Mnuchin, Steven Mnuchin, Oleg Deripaska Mnuchin


White House Names Scaled-Back Delegation to Attend World Economic Forum

A smaller delegation led by Treasury Secretary Steven Mnuchin will still attend
Tags: News, White House, Uncategorized, Treasury, Steven Mnuchin, Onetime


Ivanka Will Not Be New Head Of World Bank, But Will Play Role In Selection

Contrary to recent rumors, Ivanka Trump will not be the new leader of the World Bank, according to the White House. But she will play a large role in selecting its new president. According to a Monday New York Times report, Treasury Secretary Steven Mnuchin personally asked Ivanka to assist in the process. There is still reportedly some doubt as to whether she is sufficiently divested from her business interests to partake in U.S. economic decisions, as she still holds worldwide trademarks. [...
Tags: News, White House, New York Times, Treasury, World Bank, Ivanka, Ivanka Trump, Steven Mnuchin, Kate Riga, Ivanka Will


United States: Treasury Adds Color To Grecian Repeal – Proposed Regulations Implement New Section 864(C)(8) For Sale Of Partnership Interests By Foreign Partners - Mayer Brown

On December 20, 2018, the US Department of Treasury and the IRS released proposed regulations under Section 864(c)(8) of the Code on the treatment of a foreign partner's transfer of an interest in a partnership
Tags: News, United States, Treasury, Irs, Mayer Brown, US Department of Treasury


Schumer Will Force Vote Over Decision To Relax Sanctions On Oligarch-Linked Firms

Senate Democratic leader Chuck Schumer says he’ll force a vote in the coming days on the Treasury Department’s decision to ease sanctions on three companies connected to Russian oligarch Oleg Deripaska (pictured above). Treasury Secretary Steven Mnuchin has defended the decision, saying the companies are undergoing a major restructuring to “sever Deripaska’s control and significantly diminish his ownership.” He says Deripaska himself and any companies he controls remain under sanctions. Schumer,...
Tags: News, Congress, Washington, Senate, Russia, Treasury, Trump, U S Senate, Treasury Department, Schumer, U S Treasury Department, Senate Committee, Chuck Schumer, Mueller, Sherrod Brown, Trump Administration


Senate Democrats Will Force Vote on Sanctions of Deripaska Firms

Schumer’s move comes amid a backlash from Democratic lawmakers suspicious of the Trump administration’s motives, and is aimed at forcing Republicans who control the Senate to take a side in the matter. “After consultation with the relevant committee ranking members and my colleagues, I have concluded that the Treasury department’s proposal is flawed and fails to sufficiently limit Oleg Deripaska’s control and influence of these companies, and the Senate should move to block this misguided effor...
Tags: News, Senate, Treasury, Trump, Democratic, Schumer, Trump Administration, Oleg Deripaska, Sanctions of Deripaska Firms


Mnuchin: Next round of trade talks with China this month

WASHINGTON (AP) — Treasury Secretary Steven Mnuchin says the next round of trade negotiations with China will likely occur later this month in Washington.Mnuchin told reporters that Vice Premier Liu He was expected to lead a delegation... [Author: [email protected]]
Tags: Business, Washington, China, Ap, Treasury, Mnuchin, Steven Mnuchin, Liu He


Mnuchin: Next round of trade talks this month

WASHINGTON (AP) — Treasury Secretary Steven Mnuchin says the next round of trade negotiations with China will likely occur later this month in Washington.Mnuchin told reporters that Vice Premier Liu He was expected to lead a delegation... [Author: [email protected]]
Tags: Business, Washington, China, Ap, Treasury, Mnuchin, Steven Mnuchin, Liu He