Thirty-one of the Senate’s 49 Republicans are co-sponsoring a proposal to nullify a Biden administration proposal by banning the IRS from conducting surveillance on the financial affairs of virtually all individual Americans. The lead co-sponsors of the “Prohibiting IRS Financial Surveillance Act” include Sen. John Boozman and Sen. Tom Cotton, both from Arkansas, as well…

After receiving a $10 billion boost from the Inflation Reduction Act, the Biden administration is resuming a tax credit for makers of solar panels, wind turbines, fuel cells, and other sustainable energy equipment. The U.S. Treasury Department, the U.S. Department of Energy, and the Internal Revenue Service (IRS) have publicized information on the Inflation Reduction…

Congressional investigators are being denied access to 148 Suspicious Activity Reports (SARs) filed with the Department of the Treasury by banks concerning financial dealings of President Joe Biden’s son, Hunter, and brother, Jim, according to incoming House Judiciary Committee Chairman Jim Jordan (R-Ohio). “Most Americans have never heard the term ‘Suspicious Activity Reports.’ These are actual reports that financial institutions…

Sen. Chuck Grassley (R-Iowa) wants to know why, more than a year later, the Department of Treasury, Department of Justice (DOJ), and IRS have yet to explain to America who leaked highly confidential tax return data on hundreds of Americans to a news outlet. “More than a year ago, the news website ProPublica began publishing…

The United States Department of the Treasury on Sept. 17 sanctioned several Chinese entities and individuals based in China for financing Iran-related terrorist activities. The Office of Foreign Assets Control (OFAC) of the Treasury Department posted on its website Friday that it is imposing sanctions on members of the networks that finance terrorist organization Hezbollah in Lebanon and…