Taxpayers are expected to lose $10 billion on the GM bailout, as the Treasury Department begins to sell off its remaining 101.3 million shares.
A top Treasury Department watchdog defended his investigation into the targeting of conservative groups by the Internal Revenue Service.
A senior al Qaeda bomb maker operating in Pakistan’s lawless tribal region was designated as a terrorist on Thursday by the Treasury Department.
The United States Treasury Department sanctioned a prominent Greek businessman Thursday for his efforts to help Iran evade Western economic sanctions.
A fuel cell manufacturer that received more than $70 million in federal grants has been fined for illegally paying employees in pesos.
Treasury Department officials argued in court Monday that a conservative think tank is not entitled to more than 7,000 agency emails concerning a potential carbon tax, a move Sen. David Vitter (R., La.) called duplicitous and insulting.
Two House committees are investigating whether the IRS illegally implemented an important provision of Obamacare.
The U.S. Treasury Department announced Tuesday it had sold its remaining shares of American International Group Inc. (AIG), ending the largest government bailout of the 2008 financial crisis.
Democrats attacked Republican efforts to trim the budget at a recent hearing despite bipartisan support for spending more money to fight tax fraud. The House Committee on Oversight and Government Reform’s Subcommittee on Government Organization held a hearing Thursday to discuss ways to fight tax fraud and identity theft.