FATIMA HUSSEIN

Treasury Union Employees president Doreen Greenwald speaks during an interview with The Associated Press, Wednesday, Feb. 5, 2025 in Washington. (AP Photo/John McDonnell)

IRS workers involved in 2025 tax season can’t take buyout until after the taxpayer filing deadline

IRS employees involved in the 2025 tax season will not be allowed to accept a buyout offer from the Trump administration until after the taxpayer filing deadline. That’s according to a letter sent Wednesday to all IRS employees.

Elon Musk speaks at an indoor Presidential Inauguration parade event in Washington, Monday, Jan. 20, 2025. (AP Photo/Matt Rourke)

Elon Musk creates confusion about IRS’ Direct File — but the free tax program is still available

Billionaire tech mogul Elon Musk posted on his social media site that he has “deleted” 18F, a government agency that worked on technology projects such as the IRS’s Direct File program.

Elon Musk speaks at an indoor Presidential Inauguration parade event in Washington, Jan. 20, 2025. (AP Photo/Matt Rourke, File)

Elon Musk’s DOGE commission gains access to sensitive Treasury payment systems: AP sources

The Department of Government Efficiency, run by President Donald Trump’s billionaire adviser and Tesla CEO Elon Musk, has gained access to sensitive Treasury data including Social Security and Medicare customer payment systems.

Scott Bessent, President-elect Donald Trump's choice to be Secretary of the Treasury, appears before the Senate Finance Committee for his confirmation hearing, at the Capitol in Washington, Thursday, Jan. 16, 2025. (AP Photo/Ben Curtis)

Scott Bessent confirmed as treasury secretary, giving him a key role in extending Trump’s tax cuts

The U.S. Senate has confirmed billionaire investor Scott Bessent as President Donald Trump’s treasury secretary.

President-elect Donald Trump speaks at a rally ahead of the 60th Presidential Inauguration, Sunday, Jan. 19, 2025, in Washington. (AP Photo/Matt Rourke)

Trump pledges a series of Day 1 executive actions to end ‘four long years of American decline’

President-elect Donald Trump used a raucous rally on the eve of his inauguration to promise swift Day 1 action remaking the federal government, shifting federal priorities at breakneck speed and ensuring that “the curtain closes on four long years of American decline.”

People take their places as a rehearsal begins on the West Front of U.S. Capitol ahead of President-elect Donald Trump's upcoming inauguration, Sunday, Jan. 12, 2025, in Washington. (AP Photo/Jon Elswick)

Yellen says Treasury will use ‘extraordinary measures’ on Jan. 21 to prevent hitting debt ceiling

In one of her last acts as Treasury Secretary, Janet Yellen says her agency will start taking “extraordinary measures,” or special accounting maneuvers intended to prevent the nation from hitting the debt ceiling, on January 21, in a letter sent to congressional leaders Friday afternoon.

Internal Revenue Service Commissioner Daniel Werfel testifies during the Senate Finance Committee hearing on President Joe Biden's budget request for fiscal year 2024 for the IRS, April 19, 2023, on Capitol Hill in Washington. (AP Photo/Mariam Zuhaib, File)

IRS Commissioner Daniel Werfel says he’ll step down on Trump’s Inauguration Day

IRS Commissioner Daniel Werfel says he intends to step down from his position on President-elect Donald Trump’s Inauguration Day.

Scott Bessent, President-elect Donald Trump's choice to be Secretary of the Treasury, appears before the Senate Finance Committee for his confirmation hearing, at the Capitol in Washington, Thursday, Jan. 16, 2025. (AP Photo/Ben Curtis)

Treasury nominee calls for stronger Russia sanctions and Fed independence at confirmation panel

U.S. Treasury nominee Scott Bessent is facing sharp questions from both Democrats and Republicans on tax policy, tariffs, China, Russia sanctions and the future of an IRS tax filing system that Republicans have called to be cut.

Canadian Minister of Energy and Natural Resources Jonathan Wilkinson arrives for a Liberal caucus meeting in Ottawa on Wednesday, Jan. 8, 2025. (Sean Kilpatrick/The Canadian Press via AP)

Canadian minister warns that Americans will experience economic pain from Trump tariffs

Canada’s energy minister came to Washington this week to warn U.S. lawmakers that President-elect Donald Trump’s threatened tariffs would inflict economic pain on Americans, with higher prices and job losses.

The U.S. Department of the Treasury building is seen in Washington, Nov. 18, 2024. The U.S. Treasury Department announced that it is expanding sanctions against the Russian energy sector for it’s nearly three-year old war in Ukraine. (AP Photo/Jose Luis Magana, File)

US recovers $31 million in federal payments to dead people

Ever since the U.S. Social Security Administration opened its books to the Department of the Treasury’s Bureau of Fiscal Service, it has been able to stop and recover more than $31 million in improper federal payments to dead people.

El presidente Donald Trump habla durante una entrevista con The Associated Press en la Oficina Oval de la Casa Blanca en Washington el 16 de octubre de 2018. (AP Foto/Evan Vucci, Archivo)

Trump says he will create an ‘External Revenue Service’ agency to collect tariff income

President-elect Donald Trump says he plans to create a new agency called the External Revenue Service to collect tariffs and other revenues from foreign nations. He posted on his social media site that the U.S.

President-elect Donald Trump speaks during a meeting with Republican governors at Mar-a-Lago, Thursday, Jan. 9, 2025, in Palm Beach, Fla. (AP Photo/Evan Vucci)

Trump tax cuts, if made permanent, stand to benefit highest income earners, Treasury analysis shows

At the very top of Republicans’ 100-day agenda with President-elect Donald Trump in the White House is the plan to renew some $4 trillion in expiring tax cuts. The U.S.

A sign is displayed outside the Internal Revenue Service building on May 4, 2021, in Washington. (AP Photo/Patrick Semansky, File)

IRS has improved taxpayer services but is slow to resolve ID theft, an independent watchdog says

An independent watchdog finds the IRS has improved its overall taxpayer service through Democrats’ Inflation Reduction Act but still faces delays processing claims from a coronavirus pandemic-era tax credit program and is slow to resolve certain identity theft cases.

Hungary's Prime Minister Viktor Orban addresses a media conference at the end of an EU summit in Brussels, Dec. 19, 2024. (AP Photo/Omar Havana)

US sanctions top Hungarian official for alleged corruption while in office

A senior Hungarian government official close to Prime Minister Viktor Orbán was on Tuesday hit with U.S. sanctions for his alleged involvement in corruption in Hungary.

Cars drive past a roundabout hoisting the new Syrian flag after the ousting of the Assad regime, in Salam City, formerly called Baath City after the ruling party, in Quneitra, Syria, Sunday, Jan. 5, 2025. (AP Photo/Mosa'ab Elshamy)

US eases restrictions on Syria while keeping sanctions in place

The U.S. on Monday eased some restrictions on Syria’s transitional government after Islamist insurgents ousted Syrian leader Bashar Assad. U.S.

Nippon, US Steel file suit against Biden administration, union, and rival after $15B deal scuttled

Nippon Steel and U.S. Steel are filing a federal lawsuit challenging the Biden administration’s decision to block a proposed nearly $15 billion deal for Nippon to acquire Pittsburgh-based U.S. Steel.

President Joe Biden speaks at a reception for new Democratic members of Congress in the State Dining Room of the White House, Sunday, Jan. 5, 2025, in Washington. (AP Photo/Manuel Balce Ceneta)

As he prepares to leave office, Biden urges incoming Democratic lawmakers to reach across the aisle

President Joe Biden is calling on incoming Democratic lawmakers to always be mindful of other people’s perspectives — even when they may be wrong.

President Joe Biden departs the East Room of the White House after signing the Social Security Fairness Act, Sunday, Jan. 5, 2025, in Washington. (AP Photo/Manuel Balce Ceneta)

Higher Social Security payments coming for millions of people from bill that Biden signed

President Joe Biden has signed into law a measure that boosts Social Security payments for current and former public employees.

President Joe Biden, right, presents the Presidential Medal of Freedom, the Nation's highest civilian honor, to former Secretary of State Hillary Clinton, in the East Room of the White House, Saturday, Jan. 4, 2025, in Washington. (AP Photo/Manuel Balce Ceneta)

Hillary Clinton, George Soros and Denzel Washington received the highest US civilian honor

Former Secretary of State Hillary Clinton, Democratic philanthropist George Soros and actor-director Denzel Washington were awarded the nation’s highest civilian honor.

US sanctions Beijing-based cyber group for its alleged role in hacking incidents

U.S. Treasury on Friday sanctioned a Beijing-based cybersecurity company for its alleged role in multiple hacking incidents targeting critical U.S. infrastructure.

President Joe Biden and first lady Jill Biden walk across the South Lawn of the White House, Thursday, Jan. 2, 2025, in Washington, after returning from Camp David. (AP Photo/Mark Schiefelbein)

Biden will visit New Orleans on Monday in the wake of the deadly Bourbon Street attack

President Joe Biden will visit New Orleans next week, with the city still reeling from the deadly New Year’s rampage in which an Army veteran plowed a truck into revelers.

This is a portion of US Steel's Edgar Thomson Works in Braddock, Pa., on Sunday, Apr., 28, 2024. (AP Photo/Gene J. Puskar, File)

Biden blocks $14 billion acquisition of US Steel by Japan’s Nippon Steel

President Joe Biden has blocked the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based U.S. Steel. This affirms his earlier vow to block the acquisition.

U.S. Treasury Secretary Janet Yellen speaks during a visit to the Financial Crimes Enforcement Network (FinCEN) in Vienna, Va., on Jan. 8, 2024. (AP Photo/Susan Walsh, File)

Janet Yellen tells Congress US could hit debt limit in mid-January

Treasury Secretary Janet Yellen says her agency will need to start taking “extraordinary measures,” or special accounting maneuvers intended to prevent the nation from hitting the debt ceiling, as early as January 14th, in a letter sent to congressional leaders Friday afternoon.

FILE - A sign is displayed outside the Internal Revenue Service building May 4, 2021, in Washington. On Friday, Aug. 19, 2022. (AP Photo/Patrick Semansky, File)

IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power

IRS leadership on Thursday announced that the agency has recovered $4.7 billion in back taxes and proceeds from a variety of crimes.

Treasury Secretary Janet Yellen speaks in the Cash Room of the Treasury Department during an event for the anniversary of the Community Development Financial Institutions Fund, Thursday, Nov. 21, 2024, in Washington. (AP Photo/Jacquelyn Martin)

Secret Service agent fired at suspects outside of Janet Yellen’s house in Washington DC

An investigation is underway after a Secret Service agent working on protective assignment outside Treasury Secretary Janet Yellen’s house fired a weapon following a confrontation with the occupants of a sedan.

FILE - Republican presidential nominee former President Donald Trump signs autographs as Massad Boulos listens during a visit to The Great Commoner, Nov. 1, 2024, in Dearborn, Mich. (AP Photo/Julia Demaree Nikhinson, File)

Trump names Massad Boulos, campaign liaison and family relative, as a senior adviser on Middle East

Donald Trump says Massad Boulos, a Lebanese American businessman who is the father-in-law of Trump’s daughter Tiffany, will be a senior adviser on Arab and Middle Eastern affairs.

FILE - Ben Wikler, chair of the Democratic Party of Wisconsin, waves to the crowd at a campaign event, Nov. 1, 2024, in Little Chute, Wis. (AP Photo/Andy Manis, File)

Wisconsin Democratic leader Ben Wikler enters the race to lead the national party

Ben Wikler, chair of the Democratic Party in Wisconsin, says he’s joined the race to lead the national party after an election that swept Donald Trump and Republicans to power in Washington.

FILE - Charles Kushner arrives for the funeral of Ivana Trump, July 20, 2022, in New York. (AP Photo/John Minchillo, File)

Trump wants pardoned real estate developer Charles Kushner to become US ambassador to France

President-elect Donald Trump has named pardoned real estate developer Charles Kushner, father of Trump’s son-in-law Jared Kushner, as his intended nominee for ambassador to France.

FILE - President-elect Donald Trump speaks during a meeting with the House GOP conference, Nov. 13, 2024, in Washington. (Allison Robbert/Pool via AP, File)

Trump threatens 100% tariff on the BRIC bloc of nations if they act to undermine US dollar

President-elect Donald Trump is threatening 100% tariffs against a bloc of nine nations if they act to undermine the U.S. dollar.

Canada Prime Minister Justin Trudeau walks through the lobby of the Delta Hotel by Marriott, Saturday, Nov. 30, 2024, in West Palm Beach, Fla. (AP Photo/Carolyn Kaster)

Canada’s Trudeau returns home after Trump meeting without assurances that tariffs are off the table

Canadian Prime Minister Justin Trudeau is returning home after his meeting with Donald Trump without assurances the president-elect will back away from threatened tariffs on all products from the major American trading partner.