U.S. Department of the Treasury

McManus: Obama's IRS choice

2013-05-22 00:00:00

Message to the president: Resistance is futile. There are plenty of juicy targets for investigators in the IRS scrutiny of conservative organizations that applied for tax-exempt status, but the most dangerous for President Obama is this: Did bureaucrats...

IRS' last two commissioners deny lying; official to take the 5th

2013-05-21 19:13:00

WASHINGTON — As the Internal Revenue Service's last two directors struggled to provide answers Tuesday about the agency's improper scrutiny of conservative groups, a lawyer for another key IRS official said she would invoke the 5th Amendment...

3 big banks nearly halt foreclosure sales after U.S. tweaks orders

2013-05-19 12:04:00

Sales of homes in foreclosure by Wells Fargo & Co., JPMorgan Chase & Co. and Citigroup Inc. ground nearly to a halt after regulators revised their orders on treatment of troubled borrowers during the 60 days before they lose their homes. The banks...

White House fights back on IRS as GOP keeps up pressure

2013-05-19 13:02:00

WASHINGTON — A senior White House aide insisted Sunday that President Obama learned only from news reports that an IRS office had singled out dozens of tea party organizations and other conservative groups for questionable scrutiny, while...

Congress expands inquiry into IRS handling of conservative groups

2013-05-20 20:38:00

WASHINGTON — Congressional investigators are broadening their inquiry into the Internal Revenue Service's mishandling of groups seeking tax-exempt status, indicating that they plan to examine how the agency dealt with a wide swath of nonprofit...

How the IRS spun out of control

2013-05-18 21:42:00

WASHINGTON — Steven Miller, the top enforcement official at the Internal Revenue Service, thought he might have trouble on his hands. Election season was well underway in March 2012 when tea party organizations started to complain angrily of IRS...

White House officials knew of IRS audit findings weeks in advance

2013-05-20 15:37:00

WASHINGTON — Top officials in the White House learned in April that an investigation of the IRS would probably end up showing that the agency targeted conservative groups for special scrutiny, the White House spokesman conceded Monday, contrary to...

Ousted IRS chief defends against partisan charges

2013-05-17 18:51:00

WASHINGTON — The ousted head of the Internal Revenue Service apologized Friday for the agency's "foolish mistakes" in singling out conservative groups for intrusive and time-consuming scrutiny, but said that the effort was not driven by partisan...

U.S. announces new sanctions against Syria

2013-05-16 14:03:00

WASHINGTON -- The U.S. Treasury Department announced new sanctions against the Syrian government Thursday, blacklisting four senior officials, a private television station that it said had colluded with Syrian authorities and an airline it accused of...

Obama says U.S. won't act alone on Syria

2013-05-16 16:50:00

WASHINGTON — President Obama on Thursday ruled out unilateral U.S. military action in Syria even if proof emerges that Syrian forces have used lethal chemical weapons. "This is … an international problem," Obama said at a White House news...

Obama ousts IRS chief over inquiry

2013-05-15 19:12:00

WASHINGTON — President Obama forced out the head of the IRS on Wednesday, seeking to restore the public's faith in the tax agency while asserting a measure of control over a rapidly growing political problem. Making a hastily scheduled statement...

Obama administration to tighten pressure on Iran, aide says

2013-05-15 16:22:00

WASHINGTON – The Obama administration said Wednesday that it would add more sanctions on Iran in an effort to dissuade Tehran from continuing its nuclear program, but stopped short of backing tough new penalties that lawmakers are considering....

President Obama delivers remarks on the Internal Revenue Service following a meeting with Treasury Department officials.

2013-05-15 00:00:00

In a scandal that has already embarrassed the IRS, a report from the Treasury Department is expected to be issued next week on the IRS conduct, who knew about it and when.

2013-05-11 20:25:03

Alan Krueger, a labor specialist, served in the Treasury Department before taking over the Council of Economic Advisers. He is on leave from Princeton University, where he is a professor.

2013-05-02 00:00:00