Chester County News and Community Website
WASHINGTON, D.C. — Some medical marijuana businesses could soon gain access to federal tax deductions after a planned policy shift tied to the reclassification of certain cannabis products, federal officials …
Marijuana Tax Shift Could Cut Costs for Some Businesses Read More
WASHINGTON, D.C. — States will soon be able to nominate new areas for federal tax incentives designed to attract private investment into underserved communities under guidance released by the Treasury …
New Opportunity Zone Rules Could Spur Investment in Communities Read More
WASHINGTON, D.C. — Families may soon have access to a new government-backed financial account program for children, as the Treasury Department moves forward with private-sector partners to build and manage …
Treasury Taps BNY for New “Trump Accounts” Rollout Read More
WASHINGTON, D.C. — Department of Homeland Security personnel affected by the ongoing federal shutdown will receive extra time to file their taxes, with federal officials granting a 30-day extension and …
Shutdown Relief Gives DHS Workers Extra Time to File Taxes Read More WASHINGTON, D.C. — Future U.S. paper currency will include the signature of President Donald J. Trump alongside the Treasury secretary, marking the first time a sitting president’s signature will appear …
Trump Signature Set for U.S. Currency in Historic First Read More
WASHINGTON, D.C. — Federal officials are launching a new public-private initiative aimed at strengthening the U.S. financial system as artificial intelligence becomes more deeply integrated into banking and financial services.
Treasury Launches AI Initiative to Safeguard Financial System Read More WASHINGTON, D.C. — Foreign investors pulled a net $25.0 billion out of U.S. financial markets in January, according to new federal data, a shift that could signal changing global demand …
Foreign Investment Pullback Raises Questions on U.S. Demand Read More
WASHINGTON, D.C. — Federal officials are shifting responsibility for collecting defaulted student loans to the U.S. Treasury as part of a new partnership aimed at stabilizing a $1.7 trillion loan …
Student Loan Shake-Up Raises Questions for Borrowers Read More WASHINGTON, D.C. — The U.S. Treasury Department announced a series of actions last week that block targeted individuals and companies from accessing U.S.-linked money and, in one case, could cut …
Treasury Rolls Out New Sanctions, Cyber Designations, and Bank Crackdown Read More WASHINGTON, D.C. — The U.S. Department of the Treasury announced new tools to help banks and other financial firms manage artificial intelligence cybersecurity risks, while also releasing fresh data on …
Treasury Rolls Out AI Guardrails as Sanctions And G20 Plans Land Read More