Treasury Department

Treasury Secretary Steven Mnuchin talks to reporters during Monday's press briefing at the White House. Mnuchin announced sanctions against 271 employees of Syria's Scientific Studies and Research Center.

U.S. Announces Sanctions On 271 Syrians Over April 4 Chemical Attack

8:24pm April 24, 2017

by Camila Domonoske

The blacklisted people work on weapons development for Syria, the administration says. Treasury Secretary Steven Mnuchin says the sanctions "target the scientific support center" for the attack.

Adviser Steven Mnuchin arrives at Trump Tower in New York on Nov. 17.

Trump Picks Steve Mnuchin To Lead Treasury Department

9:31am November 30, 2016

by John Ydstie

Mnuchin is a hedge fund CEO and longtime Wall Street banker. His involvement in the spike in foreclosures following the housing market's crash could complicate his confirmation.

Treasury Tries Again To Keep American Firms' Taxes In U.S.

10:59pm October 13, 2016

by Sonari Glinton

The department has revised rules first issued in April, aimed at so-called tax inversions and earnings stripping. They involve companies moving their legal addresses and tax bills abroad.

An Iran Air Boeing 747 passenger plane sits on the tarmac of the domestic Mehrabad airport in the Iranian capital Tehran in 2013.

U.S. Approves Export Of Boeing And Airbus Planes To Iran

6:46pm September 21, 2016

by Merrit Kennedy

It's a major step forward on a key portion of last year's nuclear deal with Iran, and is seen as a test case on doing business with that country. The planes will help modernize Iran's aging fleet.

American abolitionist leader Harriet Tubman (1820-1913) led many slaves to safety using the abolitionist network known as the Underground Railroad.

Treasury Decides To Put Harriet Tubman On $20 Bill

6:19pm April 20, 2016

by Eyder Peralta

The decision caps a public campaign asking for the change and months of deliberation by the Treasury.

A box of Lumigan eye-drops, produced by Allergan Plc, stands next to a box of Viagra tablets, produced by Pfizer Inc. The Irish and American drugmakers were planning to merge, but the deal has been called off after a change in U.S. tax law reduced the pot

Pfizer, Allergan Call Off Their $150 Billion Merger

9:02am April 06, 2016

by Camila Domonoske

Pfizer announced that the planned merger between the two pharmaceutical companies has been terminated because of a recent change in U.S. tax rules.

New Rules On Inversions Could Kill The Allergan-Pfizer Merger

2:15pm April 05, 2016

by Jim Zarroli

President Obama calls the controversial practice "one of the most insidious tax loopholes out there." Now the Treasury Department has introduced rules aimed at reducing the incentives for inversions.

U.S. Imposes New Ballistic Sanctions On Iran, Day After Many Penalties Lifted

11:26am January 17, 2016

by Camila Domonoske

On Saturday, many sanctions on Iran were lifted under the nuclear pact, and the U.S. and Iran exchanged prisoners. On Sunday, the U.S. Treasury announced new sanctions over Iran's weapons program.

The Federal Reserve estimates that nearly a third of workers have no pensions and no retirement savings.

Here's An Easier Way To Start Moving From Broke To Comfortable As You Age

3:40pm November 04, 2015

by Marilyn Geewax

The Treasury Department has launched a new type of retirement account that allows people to save without taking risks or paying fees. The myRA program is designed to encourage workers to start saving.

Alexander Hamilton is currently on the $10 bill.

Woman To Share Marquee On $10 Bill With Alexander Hamilton

2:47pm June 18, 2015

by Lucy Perkins

A redesign of the denomination will add the portrait of an as-yet-undetermined famous American woman beginning in 2020.