Chester County News and Community Website
WASHINGTON, D.C. — The U.S. Treasury Department has expanded guidance on how financial institutions can share information about suspected fraud, a move aimed at strengthening the banking sector’s ability to …
Treasury Broadens Fraud-Sharing Guidance for Banks Read More
WASHINGTON, D.C. — The U.S. Department of the Treasury’s Financial Crimes Enforcement Network has issued new guidance urging banks and other financial institutions to increase scrutiny of financial activity linked …
FinCEN Warns Banks on Fraud Risks Tied to Unauthorized Employment Read More
WASHINGTON, D.C. — The U.S. Department of the Treasury and the U.S. Mint are moving forward with a commemorative coin program tied to the 2026 FIFA World Cup, with surcharge …
Treasury, U.S. Mint Launch FIFA World Cup Coin Program With Military Youth Focus Read More
WASHINGTON, D.C. — U.S. Sen. John Fetterman is urging the Treasury Department to revive and finalize anti-money-laundering regulations for antiquities dealers, arguing that gaps in federal oversight may allow terrorist …
Fetterman Presses Treasury to Tighten Money-Laundering Rules for Antiquities Trade Read More
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