36 Burst results for "Treasury Department"
Fresh update on "treasury department" discussed on Mark Levin
"May have planned by the way I'll do it at the end of the program to he could never say enough to you ladies out there. I like to say, ladies or we have to say no birth givers. Happy Mother's Day. Now for all you left this out there, killing Nancy Pelosi. You're not allowed to say, mother because it's gender specific. So I have this right, Mr Producer. I don't know what you say when you're mentally unhinged, and this is how you choose to speak. But for regular Americans, man say regular Americans. I think I will. We like the word mother and female. And woman and lady and girl. We like to use words like men, Boy? And what other ones you get it? Not it yet. So you become objects. They might as well give us numbers. See, this is more than Marxist mentality. Matters will give us numbers. But they're very confused over there on the radical Marxist left like the LGBT Q. Plus If you do not believe in gender assignment. Then what's this LGBT Q stuff? It shouldn't even exist. They should just call the group. What's its name? I think that would cover everything. What's its name? What's his name? What's between your legs is irrelevant. It's what's between your ears and what's between your ears. But do not come out of your mouth because you see There's only certain things that could come out of your mouth. Yeah. Them this that Back Whatever. I have to speak in code, but I'd rather speak in English. So happy Mother's day and to you liberals out there. You don't get the celebrate Mother's day. You don't believe in the word mothers. It's like July 4th. You don't get off your life for it because you don't believe the nation was founded. On July 4 17 76. So we celebrate separate holidays. Now there's no mother's Day. No Father's Day for you folks. Stop ripping us off. You can't have it both ways. He's I'm not going to get to this. Simon. How much time do I have? Mr Producer? All right, Joe Biden got one go. Wanna put today's jobs report in perspective? Well, if it was doing well, you wouldn't have to put it in perspective. But go ahead. Want toe. Put today's jobs report in perspective, static on and look, we came to office way new. We're facing a once in a century pandemic. Once in a generation economic crisis. You know what you're full of. You're full of Something that looks like karma. Can I say that, Mr Medusa? He's full of Hershey bars. I like her. She bought you get the drift. Once in a generation economic crisis, Ladies and gentlemen, there's never been a luckier man to walk into the Oval Office. Never been a luckier man. The vaccines. We're already invented there out of being distributed. The trajectory was going up, so everybody wanted a vaccine. We get a vaccine. The economy was turning around with predictions of explosive economic growth. The border was secure. The country was on the move. And then Mr Blockhead steps in And he wants you to think. It was the worst situation. What can you imagine if this man had been president with the outbreak of the pandemic? Here He is President, United States as the pandemic is almost over, quite frankly, with the vaccines and Herd immunity. You can see the numbers. And he's not making you shoot me. When I walked in the we came to know we knew we were facing once in a century pandemic once in a generation economic crisis. We are going to have once in a century economic crisis now. Because this fool is on a spending spree. This poll is fullest, redistributing wealth. This fool is going to tax the hell out of our industries so we can't compete with foreign industries. The border's wide open, so union and nonunion jobs are not gonna Exist. And he's gonna Jack up the minimum wage. Without any basis whatsoever. While at the same time, many smaller medium businesses can't find people to work because he's sending out. Let's call it a massive welfare checks. Everybody He's not done. He's got another 45 trillion He wants to spend. Ladies and gentlemen, that'll just be great, won't it? That'll just be great. And he's got a flunky over there. The Treasury Department Yellen was not yelling. And we have this Is more on heading the Fed how they're.
US Lifts Vietnam, Switzerland From Currency Manipulator List
"The Treasury Department's removing Switzerland Vietnam from a list of countries considered currency manipulators that reverses a move made under the Trump administration, the two countries will remain on an enhanced scrutiny list. Along with
US Imposes Sanctions on Russia Over Cyber-Attacks
"A new executive order placed sanctions on russian companies and individuals and response to interference in the twenty twenty presidential election and formally names russia's foreign intelligence service as the perpetrator of the solar winds orion supply chain attack as part of the order. The us treasury department added six russian technology companies that provided support intelligence agencies to the us entity
Treasury Creates New Office to Oversee COVID-19 Relief Programs
"Department is created a new office to supervise the dis first bit of covert provided relief money. It's called the Office of Recovery programs, and the goal is to streamline the process and ensure all eligible groups have access to the money in Corona virus aid Authorized by Congress. The new Treasury Department office will oversee the release of $420 billion from the $1.9 Trillion covert relief package. As it handles several relief programs, including emergency rental assistance, mortgage support and loans for airlines. Greg
US Treasury: 156 million coronavirus relief payments issued
"Keep coming. The Treasury Department says it's now we should more than 156 million payments as part of President Biden's coronavirus relief package. That total includes 25 million payments, primarily to Social Security beneficiaries who hadn't filed a 2019, or 2020 tax return about $372 billion has been paid out since March. 12th. A recent poll by The Associated Press in O R. C Center for Public affairs Research shows about one third of Americans plan to use their checks to pay bills. That compares to 23%, who plan to save the money and 21% who plan to pay down debt.
US Treasury: 156 million coronavirus relief payments issued
"The treasury department says it is issued more than one hundred fifty six billion payments as part of president Biden's corona virus relief plan that total includes twenty five million payments primarily to social security beneficiaries who hadn't filed a twenty nineteen or twenty twenty tax return about three hundred seventy two billion dollars has been paid out since March twelfth a recent poll by the Associated Press in a R. C. center for public affairs research shows about one third of Americans plan to use their checks to pay bills that compares to twenty three percent who plan to save the money in twenty one percent who plan to pay down debt my camp in Washington
AGs from Kentucky, Tennessee sue over stimulus tax rule
"Two more states are suing the bite in administration over provision in the code relief bill that blocks them from using those funds to cut their state taxes the attorneys general of Kentucky and Tennessee both Republicans have filed suit against the treasury department and other agencies seeking to overturn a part of the one point nine trillion dollar relief package that bar states from using relief money to offset tax cuts they're seeking an injunction against what they call an unprecedented power grab by the federal government thirteen other states filed suit last week in Alabama federal court treasury secretary Janet Yellen when challenged on the provision told states they can still cut their taxes if they want they just can't use relief funds to offset the reduction in tax revenue if they change their laws Jackie Quinn Washington
Treasury Department calls for global minimum corporate tax rate
"Treasury secretary. Janet yellen is calling for a global minimum tax rate for corporations that she said would prevent what she called the race to the bottom where countries cut their tax rates to learn businesses. Yellen said the. Us is discussing the plan with g twenty nations.
Waiting for your 2020 tax refund? Here's when it could arrive
"IRAs started processing federal tax returns three weeks late this year, so they're behind on depositing refunds. Now people are checking bank accounts for late tax refunds or new stimulus checks. Did you get a check? I just got it and get ready to pay off some credit cards and get out of debt. I have no, I am not. I am expecting it soon. I'm watching my bank account daily. I just did this morning. $1400 stimulus checks were released by the Treasury Department yesterday. Those air popping up in bank accounts
IRS will delay tax filing due date until May 17
"Some flexibility during the pandemic, Jeff Harlow says certified public accountant and partner at what Flea says the April 15th tax filing due dates being pushed back a month. It is May 17th, and it is sort of official. The Treasury Department Department actually released something late this afternoon that the tax filing duty for individuals for the 2020 tax year will be automatically extended to May 17 I, R. S also extended the deadline. Last year.
Treasury: $242 billion in new relief payments already sent
"Millions of payments have already been received from the latest round of virus relief funding the treasury department says it's already sent out some ninety million payments since president Biden signed a relief plan into law last week that's two hundred forty two billion dollars paid out as direct deposit or mailed as checks the first batch went to eligible taxpayers who provided direct deposit information on their twenty nineteen or twenty twenty tax returns and to those who typically don't file but signed up last year at I. R. S. dot gov officials say payments will continue in the coming weeks the American rescue plan provides up to fourteen hundred dollars for qualifying individuals Jackie Quinn Washington
US budget deficit hits record $1.05 trillion after 5 months
"The US government's budget deficit has had an all time high the treasury department reports the federal deficit hit one point oh five trillion for the first five months of the budget year that's October through February government spending to cope with the corona virus pandemic searched at a pace far above an increase in tax revenue the deficit was sixty eight percent larger than the same period last year it easily surpassed the previous five month high of six hundred and fifty two billion that was set in twenty ten when the government was spending to try to lift the country out of the Great Recession the Congressional Budget Office has projected the deficit for the full budget year will reach two point three trillion but that does not include the one point nine trillion covered relief measure just passed by Congress Ben Thomas Washington
Biden won't put his name on relief checks, unlike Trump
"The relief checks expected to be mailed soon too many Americans will look a bit different from the ones issued last year the twelve hundred dollar checks last April had president Donald J. trump printed on that he insisted on it in a first for any president these checks will be for fourteen hundred dollars and signed by a treasury department official not president by this is not about him this is about the American people getting relief with spokeswoman Jen Psaki saying the focus is on getting the checks out quickly and not branding them the payments would start moving after the house approved the president's one point nine trillion dollar virus relief bill which is expected to happen this week Sager mag ani Washington
Why Has the US Sanctioned Russian Officials but Not the Saudis?
"The. Us treasury department sanctioning russian officials in response to the poisoning the attempted assassination of a russian political leader and dissident alexi navalny ni With novacek. Do you think this is a good idea. I do i do i. It was just unacceptable for the united states to be silent in the wake of russia's most important opposition leader being intentionally poisoned now in prison by putin's government. I mean if we don't lead the global fight to protect democracy and stand up for pro democratic movements in places like russia no one will and what we see is that the forces of despotism are on the march democrat democracies that we took for granted just ten years ago are now slowly sliding away from self determination even in and on the edges of europe and so by standing up to one of the world's most brutal bullies vladimir putin We are also. I think sending a signal to nascent democracy movements and fragile democracies that america is back on the democracy promotion stage so speaking of that. There's a there. Of course. Also the release of the previously classified report about the intelligence communities findings about bin hamad bin salman that he had greenlighted at the very least the operation to capture or kill but those are the words. They're a jamal khashoggi. Newspaper columnist the washington post. The biden administration not doing anything personally. Mohammed bin salman not revoking visa. Travel rights were personal sanctions. Saying the emas recalibration not a rupture. We've been very clear with a saudi. This is an historic partnership. It's lasted for seventy five years. What do you think of that. I mean i think you can sort of connect these two conversations. There's no question that vladimir putin ordered the poisoning of alexei navalny but we didn't announce sanctions on putin today largely because We tend to not levy sanctions on the leaders of countries And i think that is probably part of the rationale for why m b. s. was spared sanctions but i would make this argument on saudi arabia. I frankly think that Nbs weapons matter much more to him than his visa. And so what i would argue is that we should recalibrate. Our security partnership with the saudis. I if they're going to be in the business of chopping up dissidents or targeting them all around the world and we shouldn't be selling them weapons and so. I think the administration is right now. Having debate about what our security partnership looks like and if we make changes to that well. It looked like a personal sanction on. Mvs you'll have a big impact on him and his priorities. Senator chris murphy. Thanks for making time tonight.
Biden To Reexamine Saudi Relations After Release of Declassified Khashoggi Report
"A report Friday at links the Crown Prince of Saudi Arabia. Mohammed bin some into the 2018 killing of Washington Post journalist JaMarcus Shaggy, But there are fear the fears that new U. S sanctions don't go far enough. ABC is Alex for Shay has more from Washington. President Biden spoke with bin Salman's father this week. Maybe clear to him that the rules you're changing way we're gonna hold them accountable for human rights abuses, the White House now unveiling a kasogi policy. Imposing visa restrictions on foreign officials believed to be directly involved in plots against dissidents, starting with 76 Saudis. The Treasury Department also sanctioned the former Saudi official, but the administration stopped short of directly penalizing the crown Prince. Tulane University
Budget deficit totals record $735.7 billion through January
"Hi Mike Rossi a reporting the federal deficit hits a record totals through January with the pandemic induced recession cutting tax revenues and massive covert relief outlays the deficit for the U. S. government for the first four months of the budget year hit an all time high for the period the treasury department reported Wednesday a federal deficit of seven hundred thirty five point seven billion dollars since the budget year began on October first that's an eighty nine percent hike in the shortfall over the same period a year earlier the report shows spending through the first four months of the budget year hit one point nine two trillion dollars an increase of more than twenty two percent over the previous year Mike Crossey up Washington
China gets in on the SolarWinds act
"Reuters reports that the fbi investigation of the solar wind supply. Chain attack is looking into evidence that chinese threat actors successfully exploited a vulnerability in the company's software to compromise the national finance center a payroll system operated by the us department of agriculture. The department of agriculture's reaction to the story is ambiguous. The agriculture department emailed reuters to say that. Usda has notified all customers including individuals and organizations whose data has been affected by the solar winds orion code compromise but a second departmental spokesman said after the story broke that there was no data breach related to solar winds at usda but offered no further clarification the vulnerability the chinese threat actors are believed to have exploited is said to be different from the one used by. Unc twenty four fifty two. The thread actor widely believed to be a russian intelligence service. Reuters anonymous sources told them that the campaign used and infrastructure that have been previously deployed by state backed chinese cyber spies as the washington post observes many have suspected another group was also actively exploiting solar winds but reuters. Report is the first to suggest that this second threat actor was connected to the chinese government. The chinese foreign ministry denied any involvement observing i and in fairness correctly that attribution is a complex technical issue the ministry then moved onto unlikely insistence on the usual pieties. China resolutely opposes and combat's any form of cyber attacks and cyber theft. It's doubtful that any government on the planet even say the holy sea or san marino resolutely opposes any form of cyber attack unless cyber attack is construed narrowly as to rule out any form of interception surveillance or retaliation if any pure cyber are running any government. It's doubtful that government is in beijing. Some have said that majors cyber attacks are often more like riots than bank jobs with multiple actors going after the same targets for their own reasons. Reuters quotes former. Us chief information security officer retired air force general gregory to hill. Who thinks it's not that unusual for more than one group to hit the same product. He prefers the racing metaphor to the criminal. One quote it wouldn't be the first time we've seen a nation state actor surfing in behind someone else. It's like drafting in nascar. To heal said it's worth noting that while the national finance center is housed in the department of agriculture. Its responsibilities aren't confined there. The nfc also handles payroll for other government agencies. Some of the more interesting ones from the point of view of national security are the fbi the state department the department of homeland security and the treasury department the nfc claims on its website to payroll more than six hundred thousand employees and also provides customizable and flexible financial management services and integrated shared service solutions. The data held by the nfc would include social security numbers phone numbers personal email addresses and banking information and also associations between individual employees and their agencies. Such information is useful for building. Human target dossiers of individuals of interest and chinese services have shown an appetite for such sweeping collection in the past against the us most notably in the office of personnel management breach of two thousand fifteen
Lawmakers call for regulation after Robinhood halts trading
"The trading apple robin hood restricted trading on game stop. Amc nokia blackberry and a few other ninety s favorite brands that have been targeted for boosting by the reddit forum. Wall street bets. It is allowing users to buy limited quantities again today other brokers ltd traits as well but at least one retail investor sued robin hood claiming the company manipulated the market to protect the hedge funds. Who have lost a lot of money. Placing short bets on game. Stop over the past several months. Those funds of course are able to keep trading where and whenever they like of democratic lawmakers are also calling for regulation including congressman roque connor who present silicon valley the biggest challenge in my view as you listed with technology and more to do with the financial regulations. I mean the fact that we have hedge funds that can go short stock and then go on. Television and tell people to sell is appalling. We need regulations on that and a financial transaction tax now. What technology did is it gave ordinary people the ability to stand up because we don't have the regulations they said. Well we're going to do something to beat the hedge funds and it did give individuals the opportunity to do that but we really need is a regulatory framework provin has restricted trading on certain stocks for certain traders and that does seem to upset the narrative that this app has come along and decentralized and democratized trading for all exactly i mean that was the hope but then went when you first see the retail traders winning which is such a rarity the next day they come out and they say that they're going to stop trading for ordering individuals but hedge funds can still trade off hours that's inexcusable and that's why i've called a along with representative ocasio cortez and several others for a hearing in the financial services committee to investigate. Why robin hood made that decision. Whether they had any institutional investors influence that decision so there should be rules about what can trigger site like robin hood. Inapt like robin hood to stop trading. It shouldn't just be up their discretion and it should apply equally to everyone. There's no question. Though that absent regulation we have seen pretty profound changes in the financial industry because of intech and because of an app like robin hood coming along and forcing everybody else to make trading free and easy this is disruption right. This is the kind of disruption that your district has produced over and over. Yes and i think to the extent that there's disruption that is healthy is to be applauded. I'm glad that ordinary people actually got to stand up to hedge. Fund shorting but technology is not sufficient without proper regulations tended. Big miss here is what hedge funds are doing on a daily basis that gives them comparative advantage and these apps apparently are not being fair. I mean they're not giving equal access and that's the role for regulation. You have written that. We need to have a system that incentivizes crowdsourcing for making things and building things as opposed to driving up stocks. That aren't actually worth hundreds of dollars. What are your plans to do that. One of the things. I've been looking at is that the treasury department has a institution called federal financing bank. They ought to be lending and having debt in building. Factories across this country have electric vehicle. Factories have a new auto factories have solar plants. Were you lend hundreds of millions of dollars in conjunction with the private sector to re industrialize. America that would be productive investment. And we've seen that. When the government partners with the private sector in that kind of investment it actually initiates incentivize private investment and crowdsourcing. I think we've had an over financial ization of our economy and we need to think about how we're going to have productive capacity of leads to good jobs. I will say though a lot of the people who are on this wall street beth's forum who are participating in this movement i guess are saying this is crowdsourcing. That actually gets us paid in a way that we can't in our economy because wages are stagnant. Or we've lost our jobs or they're just you know that certainly not everybody but is there value in crowdsourcing that makes up for gaps in the american economy. There's definitely value that These folks have made money and my concern is that that shouldn't be the alternative to structural economic reform higher minimum wage. Actually good paying jobs. I mean it would be sad to me if this is the only way. They're working class middle class. Americans can make money. So i support on the side of the ready traders in this dispute but i think that we need regulations for their fairness. We need to make sure that they're not being taken advantage of in the future. A lot of people you know the more people trade. The economic studies show that they actually lose money if you trade a lot and so we need to have regulations on that and we have to have structural reform in the economy so people have options for getting good jobs and don't feel this is the only way they can make ends meet congressman. Ro khanna represents california's seventeenth district robinhood denied that any hedge funds pressured it to limit
Harriet Tubman on the $20? Treasury to move forward with effort
"The Treasury Department moving forward to get Harriet Tubman on the $20 bill, former President Trump was critical of the Obama era plan. Ex Treasury secretary Steve Mnuchin delayed the implementation until 2026. But the White House's president Biden steams, exploring ways to speed up the effort period. Tubman was an abolitionist activist. We'll rescue slaves in the Civil War
"treasury department" Discussed on WJR 760
"Right on the mark show you know I want to state this carefully because I don't want to cause any problems I do worry what's going to happen to our banks because the federal government in specific the treasury department and the federal reserve are pressuring thanks at all levels thanks with the operations in almost every state and community back to quickly approve loans for individuals that may have or have not have no way of paying them back and the specifics that they're giving these institutions about on how they will be reimbursed should there be a default of some sort the specifics are non existence is very ambiguous not a lot of you like to rail against banks I don't have any reason to rail against the bank I don't understand what the problem is really the put your money into you don't put your money do they get along you don't get along but whatever we rail against everything these days the point is you got to have a healthy banking system so I just worry that this not turn into Sir the SNL crisis remember the S. and L. crisis a Mister producer you're very young at the time Mr call screener remember you were in sixth grade well it was a disaster and they had to be bailed out mortgage mortgages had to be bailed out just it was an enormous expense although nothing compared to what goes on today the people remember tarp and so forth we have to have a healthy banking system the banking system collapses or is in critical condition it affects the currency affects the entirety of the economy and what governments do when they're really in trouble which you think about Cuomo and Sanders and Biden people this mindset what do they do they do one of two things or both they start nationalizing banks so that everybody's bad debt becomes all of our bad debt where they take some deposit from you never that happened a few years ago must reducer not in our banks but in other countries they woke up one day and fifty percent of their savings were missing this is why I have led the effort to rail against massive centralized government overreach even during this virus this is why I challenge these blue state one party governors this is why I had been the first to talk about civil liberties and thanks to you and word of mouth more more people are talking about this thanks to you Colin other programs more more if you were talking about this when I talk about constitutional rights and I talk about individual liberty private property rights give the historic perspective I do it not to hear my own voice not to pontificate because it's relevant when Brock Obama says don't look backwards only look forward no no no wait a minute I want to look backwards that's where Lebanese come from I want to look at the declaration of the constitution I would look at the indictment the indictment maybe have a look at the Bible I wanna look backwards all the time in order to give me some knowledge some moral direction to figure out what works and what sales you know when you're in a lab and let's say a pharmaceutical company they're trying to figure out a vaccine as therapy for this virus you'll never hear them say don't look back dole say do look back figure out these various therapies maybe we can borrow one maybe it'll work in this case maybe we can adjust it may we can mix it with another one of course you look back anybody who's an entrepreneur anybody who's creative anybody's ever invented anything always looks back you're always standing on somebody's shoulders as unique as you may think your product is your thinking is or whatever and it may be but it's not unique in a vacuum you build a better mousetrap it's the same with life why are parents and grandparents important because they've lived they've experienced things and they want their children as best as they can to avoid some of the things that they experienced some of the bad things some of the pitfalls don't say teenager Turner's parents say I never looked back I only look for it so you have no guidance no no principles you have no tradition ship no faith you're not gonna log I only look forward you know what that means I just do what I want to do I do what I think that's it but any guidance from experience what a moral principle guides whatsoever that's the left that's the left so it's important when we look at what's going on here that we not fall into this right when you listen to this governor of New York you know what he's saying doesn't make sense now you gotta go figure out why it doesn't make sense because he's a liar because he's a spend all it and now he wants you and me to bail him out so we attacked trump trump is bail his **** out she's my French but don't look back whatever you do ladies and Gemma don't look as bad decisions of the past and the left always does his wife because they fail Bernie Sanders used to point to Venezuela nope many centers used to point to Cuba still kinda does but not totally used to point to Russia at the height of the Cold War the Soviet Union forget now the Scandinavian countries I say look at California look at New York look at Illinois look at new Jersey's R. bankruptcy case what taxes are through the roof property taxes income taxes sales taxes use taxes consumer taxes inheritance taxes these are states that are losing population California not so much because of the immigration issue but not because of taxpayers are leaving the state people walk they actually leave with mobility in this country that's what federalism actually means not bailing out a an incompetent left wing governor that's not federalism such a very very important we keep this perspective civil rights matter individual rights property rights the declaration of the constitution that in face the enlightenment this is our guide we must look back in order to DO what's coming with what's come that's why bring these things up because we do face them day in and day out but he could protest where they can speak and so forth and so on I'll be right back.
"treasury department" Discussed on 550 KFYI
"The treasury department announced that they they expect most Americans who are eligible for stimulus checks under the cares add to to receive pay by the end of this month several categories of people however will not be getting payment under the corona virus relief package while I thought every American was getting the money you know that was too good to be true right let me see here anyone claimed by someone as a dependent no money for you a person listed as a dependent on someone else's tax is not eligible for their own stimulus check this includes both children and disabled or elderly adults whose own children maybe claim them as dependents you don't get any money while the cure's act allows parents to collect five hundred dollars for each child that only applies to children sixteen years old or younger that means that dependents who are seventeen years older do not qualify even if they're still in school and if they do not file their own taxes they cannot get their own check he cares that gold said that non resident aliens are not eligible for for checks but we have the Democrats trying to change that lickety split well no so far I'm cut out my kids are grown even though I got one in college you wonder you know that there's still come as dependents because he was just getting ready to get off the it on his own but here he is knoll cash now hi your income individuals you get Jack to the theme of the checks are based on amounts of twelve hundred dollars for individuals and twenty four hundred dollars for joint filers but they decrease for those whose adjusted gross incomes of past certain thresholds certain thresholds for individual filers that mark is seventy five thousand dollars for joint filers that's a hundred and fifty thousand dollars so if you make more than a hundred if you when your wife may more than a hundred and fifty K. no check for yeah no stimulus oh my goodness they see there's some other folks here were kind of kind of getting frozen out of the holes dhimmis packages well but this is a different the treasury department are still saying they expect for for most Americans or the Americans that are eligible to be getting their checks in the next two weeks they said that they will mail notices a payment to everyone within fifteen days of their payments being sent so not only are you gonna get that check in the mail or get a direct deposit but you also have the federal government saying that they're going to make sure that they give you a notice that the cash is going out as well well that's great that's great once again I I've made as I'm Ross I'm too rich in my kids are too low some frozen out man I'm frozen out I can't get stimulated by the by the federal government in this time of panned Dimmick so you've reached the point where you're good I I I wouldn't say that yeah of course I'm good but I'm an American I guess I'm an American I'm still working right even though I'm still single if you make over the threshold then you're not eligible for it so I would take that money and go right down to my favorite restaurant and spend it W. that would be kind of boosts the economy will I'll why do rich people I'm not saying I'm rich but I am wire which people not getting paid why are we we we had the government mess with our lives to I'm going to get pay I was a bit of money or at least talking about before this is what upsets me or I would take the payment in form of a tax holiday I'm still L. advocating for the tax holiday and the suspension of the employment tax this is something that can I just I just got to get him keep I gotta get hanky bout this and I'm not against folks get money directly that I think that's much better they give it to the state government's whatever happened then dispense it and but I I love the fact that it's come a right to yeah but should know when they first proposed it is far this being big and bold that it was going to get clipped back all Mnuchin well of course we're not going to give in this body to millionaires well why not that's my question why not they'll spend it they will spend debt we're talking a bit more about the stimulus checks but not just the stimulus checks what the Democrats how the Democrats want to spend the money in this time of crisis now one of the things that we have learned we could do that it did at seven forty eight when it things we've learned is that we need to be prepared we were just talking about that if this ever comes around again a some type of government shut down some type of stay in place order we want to make sure that things are in place and that's why you need to talk to my friends at sunny energy sunny energy has helped thousands of homeowners protect themselves by making their own energy and storing it so if the group fails for any reason that families are protected you could check out my my video on five fifty K. up why is.
"treasury department" Discussed on The Last Word with Lawrence O'Donnell
"But it is also the prerogative of the congress as part of their oversight function. And one of their oversight functions is making sure that presidential tax returns are adequately monitored and audited, especially in light of the fact that there were failures in that area during the Nixon administration for which reason they have requested access to the president's tax return. And by the way, this is this is something that's been considered extensively. This isn't something new the relevant statutes sixty one oh three dates from nineteen twenty four congress during the time. I was in the treasury department in the nineties past the IRS restructuring act and. As part of that IRS restructuring act. They made clear that any employee of the IRS who failed to comply with this law. It was what was colloquially referred to as to ten deadly sins would be subject to being a immediately fired. So this is not something that congress has failed to consider carefully. This is not something. These are not provisions that have never been used before. For example, they were used in the investigations of bias against what was felt to be biases against conservative groups during the Obama administration by the van Republican of ways and means committee. So these are long established provisions Lawrence Summers. Thank you very much for joining us. Really appreciate. Thank you. And when we come back. So what will Steve Mnuchin do about chairman Neal's demand for the Trump tax returns?.
"treasury department" Discussed on WNYC 93.9 FM
"The US treasury department has announced sanctions against seventeen. Saudi officials at says we're involved in the killing of Jamal kashogi. They'll be cut off from US businesses or assets. The group includes senior officials, but not the country's powerful. Crown prince the treasury announcement came just after Saudi Arabia's top prosecutor announced he'll seek the death penalty for five Saudis involved in the killing NPR's. Jackie north of reports. The treasury department said it was sanctioning Saudi officials who targeted Imbruglia killed Jamal Shoghi. Among them is sowed El Kettani, a Royal court adviser who is close to Saudi Crown prince, Mohammad bin Salman and headed up his communication strategy. The treasury department said all Kettani took part in the planning and execution of the operation to kill the Saudi journalist. Also, sanction is Muhammed Taybe. He oversaw the Saudi consulate in Istanbul or kashogi died in early October. These are the things I. I think that the administration believes that they need to do in order to try to put this issue behind us and be able to move on with the relationship. That's Gerald fire Stein, director of Gulf affairs at the Middle East institute and former US ambassador to Yemen. He says the US sanctions are a good step. But they do little to answer. The one burning question did Saudi Arabia's powerful crown prince order Kogi Steph. My guess is that until people are satisfied that the investigation has gone to the most senior levels of the Saudi government, particularly the crown prince, it's unlikely that there's going to be a level of satisfaction in Riyadh earlier today. Saudi Arabia's top prosecutor did try to answer lingering questions. He wrapped up the kingdom's investigation. Into Chaudhry death. A walton? A spokesman for the prosecutor described the operation to kill kashogi that had been planned three days in advance. And that a former deputy intelligence chief had organized a team of fifteen men to carry out the operation. The prosecutor's office did not name the five Saudis who could face the death penalty for the killing it, also indicted. Another eleven people were concerts. The investigation found no senior member of the Royal court responsible for case death. Robert Jordan is a former ambassador to Saudi Arabia from two thousand and one to two thousand and three. He says it should be an international investigation into kashogi staff to help quell the skepticism about a transparent investigation. Jordan says it should include an audio recording released by Turkey to several western countries of the final moments of Kashoggi's life. The audiotape needs to be listened to at least by an independent international. Tribunal of some kind is certainly possible that the state by itself doesn't implicate the crown French. But it may well suggest avenues of investigation may also bring into question the account by the prosecutor, meanwhile officials in Turkey, which has been leaking a steady stream of information about the kashogi killing said the Saudi invest. Gatien hasn't done enough to get at the truth. Jackie Northam, NPR news..
"treasury department" Discussed on Vox's The Weeds
"You have to not have somebody reporting back to the government that all this money came in. If you open an American Bank account and try to make these kind of large deposits in it, right. The Bank is going to file was called a suspicious activity report with the treasury department. It's not illegal to deposit large sum of money out of nowhere into a Bank account, but it does get flagged for the government so they can take a look right? The basic principle that it's really important to remember here is that eve. Even though when people are laying out in trials like this, like here's where the money came from an aware it went that is not information that the government has ready access to lake. Money is fun Joel. And so you can't look at an ostrich jacket and go, that must have come from your illegal money. So like what the kind of suspicious transaction flag does is it makes it easier for investigators to go. We have probable cause that something wacky is going on. So he doesn't bring to US banks because that would require an essay. Also jewelers basically have to file essay ours the same as banks do because the easiest way to launder money like this would be you buy gold bars or something, and then you can just sell them and then you have money. You put that in a Bank. You filing us are on that and you say, well, I got it from selling the gold, you know, and like Clinton, right? So you can't so so dealers of precious metal and jewels have to file us a ours. So who doesn't? Right. So clothing. Retailers do not file a ours, but most clothing retailers as seen some journalists who folks we tell sector have specifically called, you know, sort of the bigger international brand name chains. They will not accept incoming wire transfers of this kind at both because you have to pay fees for it. Right? It's it's a little bit unusual and also because most big companies like big during brands, I think have tried to move away from business models whose main purpose would be to cover illicit activity, right in general. If you're a major player in an industry, your compliance costs are going to be much lower relative to everything else than if you're a smaller player. So in general in this is like one of the, you know, conservative critiques of regulation. It's easier for the major players to say, yes, cooperating with the government is fine and good because it's gonna help us more than it's gonna help our competitors. So you have these sort of odd booty right there like small. Mall, not the world's most famous luxury goods company. They will take the wire transfers. They don't need to file essay ours, and it is allowed to sell a fifteen thousand dollar jacket to a guy who wants to wire you money from Ukraine, but what it came in the Cayman Islands, like metaphor, it was like the only regular client who regularly did this at this particular teak, right? Like this wasn't like the known came in beauty. The vendors are testifying at the trial generally that almost none of their other clients would pay for stuff with wires from off-shore accounts. Right? Because I mean, this is kind of thing where like in theory, I think like you could buy a motorcycle with a duffel bag full of twenty dollar bills, but like nobody does that right?.
"treasury department" Discussed on Super Station 101
"One point one trillion dollars in individual income taxes since the start of the year one point one trillion dollars one point one point one point one four three one hundred and forty one billion in taxes came in one point we'll we'll round it off one point one four trillion dollars in individual income taxes came into the federal government since the start of the year that's a record that is a federal government record and despite that record the federal government still ran a deficit of well over five hundred billion dollars all according to the treasury department so again it's it's not at all that we're not taken enough in we're spending too much we're spending too much now why can't everybody understand that why can't everybody see that i don't know i don't know i suppose a lot of people don't want to see it i a lot of people don't care right i suppose a lot of people in america just believe we can just keep more we can just keep taking more and more and more and more money from the american people.
"treasury department" Discussed on Monocle 24: The Globalist
"The us treasury department has ineffective in about ninety two hundred eighty days for companies that are in iran to try to wrap up unexpected selves from the iran operations and you know what we've already seen some of the bigger companies that you know some of the most high profile ones already saying that you know they will not proceed further with their with their operations in iran one one such cases is total the french company who had signed after the nuclear deal went through had signed a contract develop a massive gasfield in iran and the just days ago said that you know they were under no illusions that they may getting exemptions regarding this project and they are looking at the implications of that announced that they would be likely withdrawing and and leaving the share of the project with their partner which was a chinese company china national petroleum corporation so we've already seen you know some of the most highprofile companies making statements and you know mentioning intention of of of leaving that that that part of of of the business and those are predominantly companies in the energy sector that are feeling the heat well not entirely i mean iran is you know iran energy sector is one of the most important portions of the economy but i think companies will be mostly affected or also you know amongst the aircraft makers again after the nuclear deal had gone to companies like boeing and airbus signed a multibillion.
"treasury department" Discussed on FT Alphachat
"What are the trade offs between the loss of letting these companies remain in the private sector but taking big stakes and overseeing them an a meaningful boy versus actually just taking them over you know the question you have to ask about nationalization is then what then what do you do with it you know if you're allowing it to survive and continuing operating the ordinary course to has government ownership is likely in this country whether a democrat or republican there's no real ideological support for having the state be a massive player in financial system we don't have state owned banks at dust nationalization was going to be a transitional state of affairs the prejudice both in the pulse and treasury department of the geithner treasury department is that the capitalists know better how to run a financial institution than the government does and so the way the bailouts were designed was both to refinance the shortterm debt that these institutions could not refinance for themselves and so you had you know a whole alphabet soup of emergency lending programs initiated by the fed and the fdic and then ultimately congress passed the tarp legislation gave the treasury department seven hundred fifty billion dollars of firepower to actually require ties these institutions to put equity behind the entire liability structure of the institutions and basically say you know the government is now at risk behind eighteen trillion dollars of debt provided on a short and longterm basis by third party private parties and that helped calm the crisis but taking them over outright sending all of the board members home in the manager's home he's still had to go find competent people to run these institutions right you weren't gonna pump in a group of regulators than say now you have at it so tell us about the experience of being in washington between two thousand nine two thousand eleven what did you enjoy about what's what's interesting about that experience well i mean if you ask to anybody walking on the street probably if we walked into the newsroom here and ask you know any of the reporters mike guesses is that most of them would say that the federal government lost money that the bailout of the banking system cost the taxpayers enormous amounts of capital when in fact it's just not true every time that the fed the fdic in the treasury department infused.
"treasury department" Discussed on KARN 102.9
"That covers a quarter of mental health care and the us so now if you don't wanna massively increased spending even beyond what the republicans whose her spending you are responsible for the lack of mental health care that clearly is the direct nexus between this massmurderer another mass murders again peter alexander mbc news certify a absolute certify insane he has no evidence no facts whatsoever to tie anything to anything go ahead last year revoked a hotly contested obama era regulation here the media the praetorian guard media defending everything obama he has no idea if they're regulation upper down would have stopped this killer you know what would have stopped this killer if the fbi followed up on its leads that went to stop this killer you know what else what a stop this killer all right i'll say it if the school district had the proper security in these schools the shooter in sob like this deck right there on the spot but the left and the media in the progressives i don't want to talk about that go ahead some people with mental illness to by gun shower leash if the fbi had alerted gun stores how 'bout this guy or if they attract him down to track down his gun purchases they would have known these things aren't done in secret there's records there's records maybe they could have contacted what the treasury department which keeps these records dope the treasury department atf but none of that occurred either go ahead mentally disturbed his message was clear we are committed to working with state and local leaders to help secure schools and tackle the difficult issue of mental health but shortly after taking office president trump blocked an obama era rule that may have staffer what are they all patch notes to each other hey let's go after obama lets promote me let's go after trump let's promote obama lets promote gun control and of course we all know anything that's labelled mental health regulation must be funded beyond belief must be funded funded fun mike we've never funded mental health issues we find them all the time but certain other departments and agencies have to do their jobs what are we going to do take.
"treasury department" Discussed on KDWN 720AM
"That covers a quarter of mental health care and the us so now if you don't wanna massively increased spending even beyond what the republicans are spending you are responsible for the lack of mental health care that clearly is the direct nexus between this massmurderer another mass murders again peter alexander nbc news certify a ball absolute certified insane he has no evidence no facts whatsoever to tie anything to anything go ahead last year revoked a hotly contested obama era regulation here the media the praetorian guard media defending everything 'obon he has no idea if that regulation upper down would have stopped this killer you know what would have stopped this killer if the fbi had followed up on its leads that what is stop this killer you know what else where to stop this killer all right i'll say if the school district had the proper security in these schools the shooter in sob like this deck right there on the spot but the left and the media and the progressives i don't want to talk about that go ahead some people with mental illness by god so leash if the fbi had alerted gun stores how 'bout this guy or if they attract him down to track down his gun purchases they would have known these things aren't done in secret there's records there's records maybe they could have contacted what the treasury department which keeps these records dope the treasury department atf but none of that occurred either go ahead mentally disturbed his message was clear we are committed to working with state and local leaders to help secure schools and tackle the difficult issue of mental health but shortly after taking office president trump blocked an obama era rule that maystadt what are they all patch notes to each other hey let's go after obama let to promote and she me let's go after trump let's promote obama lets promote gun control and of course we all know anything that's labelled mental health regulation must be funded beyond belief must be funded funded fun like we've never funded mental health issues we find them all the time but certain other departments and agencies have to do their jobs what are we going to do take a guy like this and.
"treasury department" Discussed on KARN 102.9
"The treasury department on that and and i've president i spoke about this yesterday is in february 'cause they're working on doing that we think in february we can get the irs to change withholding so that they take less money out of people's paychecks in the first place in employers also can put more money and paychex so we believe we can get the treasury department this is the administration's job but they're working on this to give withholding tables to reflect this tax cuts starting in february so that's what the president mats yes but summaries withholding attract explained to me since i brought this up earlier and before i branch authentic things what is the practical meaning now the practical application of the end vigil mandate uh being removed i know that's of a large part of the guts of obamacare but what's that going the mean to john q and mary citizen going forward eight nine you do not buy with the government says you have to buy the individual mandate is a law that says you have to buy obamacare insurance if you're in the individual market and if you don't you're gonna pay a tax as a penalty if you don't buy that so that is remove repealed so you don't pay this penalty you don't pay this tax you you don't pay that all so you're not gonna force you to buy something you don't wanna buy you'll get to by what you want to buy without penalty is this in your mind as this move forward the any kind of a timetable on dealing with health care as an issue xu i don't want to say repeal replace obamacare but we this is a large part of obamacare gone now yeah you're pulling at basically the biggest string of obama care so by pulling this out we're basically taking away the core architecture of obama care and we believe that gives us the ability to go back and address these other issues what we really want to do is give states the ability to set up your own insurance markets so that they can get premiums down my own state of wisconsin if we can go back to setting up risk pools like many states had reeve can help people.
"treasury department" Discussed on KBNP AM 1410
"Progress on that and i i hope you'll moles accountable for that can we still have banks litter too big to fail um i think we made a great deal of progress on that as i mentioned earlier i think if you think about where we were before the financial crisis were really no one had thought oh what would happen if if there's of run on one of these big money center banks and really the regulators had no practical choice but to keep them from failing because it would have brought down the whole financial system with them so he's to start from that place in a less than ten years ago and you look at where we are now so we we now have uh uh living wills we have the banks that all who please forgive me for interrupting but we're limited strictly to five minutes and and uh um i understand what we've done but i want to ask you again do we still have banks too big to fail in america the i would say no to that i wanna ask you about in 1991 governor he will working for the treasury department and by the way while we're on that subject port role was secretary mnuchin have been making your helping you make decisions if you're confirmed he would have no no role in that none i don't believe so now zero can't think of any not out art in 1991 while working a treasury you he'll be dealt with the collapse of the bank of new england um be prevented a bank run you are decided to guarantee all deposits how many of the bankers went to jail i there was some jail going i can't put a number on it for you okay in in that same year while you were treasury there was on auction right bonn big bid rigging scandal you remember that you know you don't worry we'll added two maybe some other time we can talk about what an option right bondi is but too you're in charge of dealing with the scandal basalt allman brothers and you you did iron out on an agreement that pentagon as the bank um but what about the people who did indeed anybody go to jail if he they did they need they did on good to hear from me again i'm not sure i know it maybe just one but it.
"treasury department" Discussed on WSJ What's News
"Really as as important as perhaps it once was or you know this doesn't necessarily mean that he wouldn't do a good job uh just that he would have to rely on on the staffers a little bit more than say a janet yellen who is herself ability communist he would have to rely on the staffers to to sort of come up to speed a little bit on on the economics of his job but i don't get the sense from anybody that i've talked here that uh anybody has any concerns that he's wouldn't be but all qualified to take the job and powell though as handsome strong on the job training over the years you mentioned he was in the george h w bush white house in he served in the treasury department and he had a deal with a wave of bank failures during that time yet us right so he he has he does have a lot of experience as a bank regulator which is a big big part of the fed's mission the he does did he knows he knows that side of the institution very well and and you know he's a lot of his work on the fed in the past five years has been working on back rules so from that standpoint i think he'd said i don't think there's a lot of concern that he's not qualified or experienced enough it's really more on the on the monetary side where he really needs at where it where there is that you really need somebody who understand sort of these renault macroeconomics set of these theories and trends and things that are happening and and and that sort of thing is obviously something you would learn whether phd but he can also learn that sort of without a page statement he has been let's not forget a fed governor for five years any he has been absorbing all the stuff he's been steeped in the stuff for for five years by all accounts he works very very hard he takes home me now piles of reports to to read he.
"treasury department" Discussed on WPRO 630AM
"Windfall as possible for themselves but admitted to spend issues and moreover they have made a very conscious effort uh not to allow rouhani to use the nuclear deal as capital in order to make reforms at home so rule honey was trying for example two could tell you they inclusive dahlia orgy cbo revolutionary guards the control some forty percent of the economy now you see is rebuffing any effort and feel more power because uh they can pensions are on the rise with the united states andrew honey is going to meet the ir juicy uh as the muscle of the regime the irg see as i understand it a vase is the the state within a state it was singled out by the president in his remarks as a terrorist organisation does that changed the calculus four ronnie for the ayatollah for the regime well i think the language that the president use was very careful uh it is considered the kind of the konta oregon in addition to contribute suit according to the treasury department is different from having put it on terrorist relive that would have had i think a more strategic consequences it is a stayed within the state took control much i said about at least up to forty percent of the economy have their own intelligence to have their own uh essentially lip ways of bringing girl counterfeit communities into the country until and get to uh to have their own prison uh to the act very much like a state within the state and through the quotes regained um the the international uh arm doer expanding their presence and their influence they've just been very active in iraq for example may active in afghanistan not been non uh syria yemen to a lesser extent so they are very much active been this in all of this but my offensive it was the uh the way that the united states try to walk away unilaterally from all of this and strengthen their hand uh as compared to for example rojo knee who was trying to and there's no longer contain or curtailed their influence political is one of those economic let's look out because the president is ass the senate or the congress to react which is very unlikely and the.
"treasury department" Discussed on Invest Like the Best
"Can i think that's a terrible argument either way the whole everything's built on a story and of course the second argument is the irs the treasury department will render it less effective for what it's being used for once they get involved the fdic it's edward cetera that argument has some merit however durban a lot of new things that have come along the government has decided wisely so let's see what happens before we and look at ecommerce is a great example amazon is just this year doing state tax for every state with applicable sales tax they allowed this things go on for twenty years so you could say well the every time is there for an all right i'll agree but i i just have a problem with this idea that all wait till the government shows up they'll shot it down too big too late notes refunded this so this this would not surprise anybody seeing this table are listening that if we find that in five years this was a bubble and it we were just being so completely irrational ridiculous simultaneously there has to exist in the back of your mind but this can't be a bubble for ex ynz because of whatever reasons but then you like but that's exactly what you'd say in a bottle so i don't rule of ser fantastic now the reason the res but the reason why people are willing to bet on the price going higher rather than just betting this is going to become widespread and mark injuries and explains is better than anyone you can't have one or the other the only way bitcoin and block chain is a technology truly be com what the visionaries think it could is if the price goes up because to do institutional scale transactions it's got to be at seventy billion now it's it's the size of net flicks it can't be a block chain future if bitcoin is only worth seventy and then you have the fact that the cold is witness to the only ever be twenty one million coins so the question is if there's only going to be twenty one million coins then every coin has to be worth a lot more that it's were and that's bobble thinking and i get it always will firm on bill coined that was the underlying basis you guys you guys.
"treasury department" Discussed on NPR News Now
"The treasury department is imposing a fine on exxon mobil for violating sanctions on russia more on this from npr's michele kelemen the treasury department says that in may of 2014 when secretary of state rex tillerson was running exxon mobil the texasbased company signed business deals with ross enough director eager sachin he's one of the russian officials who is on a us sanctions list which means us companies can't do business with him the treasury department says exxon mobil showed quote reckless disregard for us sanctions and is now facing a twomillion dollar fine secretary tillerson spokesman had no immediate comment the fine amounts to about ten percent of one days earnings for exxon mobil michelle kelemen npr news washington this is npr news football hall of famer o j simpson is seeking parole this hour the year 70yearold is appearing before parole board to attempt to make the case for why he should be allowed to walk free from nevada prison where he has served more than eight years for armed robbery involving to sports memorabilia dealers in las vegas simpson is reported to have had a good track record as an inmate playing the role of coach n councillor to fellow inmates the ones beloved football star turned hollywood star gained notoriety in the mid 1990s when he was tried and acquitted in the murder of his exwife nicole brown simpson and her friend ronald goal san diego comecon kicks off today drawing tens of thousands of fans from all over the world to celebrate their favour comics movies and tv shows and pierre's petra mayor is in the thick of it people have been lining up to get in for days setting a little camps with blankets coolers and phone chargers might be auto lives about two hours away he and his friend set off for san diego on tuesday we got here tuesday nine am for a third day opening biagio in his friends are collectors they've already scored a small pile of figurines spiderman and conan o'brien other people in line say they're here for netflix shows like stranger things for dr who and marvel comics and of course for game of thrones with just began its seventh season more than one hundred thirty thousand people are expected to visit the convention which runs through sunday petra mayor npr news san diego the dow is down nineteen points this is npr.
"treasury department" Discussed on WSB-AM
"Revenue service it's a branch of the treasury department and on this return mr jefferson we are required to list the source and amount of all our income the amount of income determines the percent of tax that we pay the high yet in calm the higher the rate of tax then you continue however the government has tried to make it simple all americans who worked for others are required to have an estimate of their tax deducted from their earnings before they receive their pay we call this withholding also the law requires us to place our social security number on all our bank accounts all banks where we do business half to have this information in order to send it to the hour as along with our banking information these actions are necessary because government wants to ensure that all of the income taxes are collected you see mr jefferson the government really does not trust the people to pay thomas jefferson is visibly stunned and he says you mean americans are required detailed an agency of the government how much money they made an where they earned it yes you answer puzzle the jefferson says to you the government must have had a great financial emergency which made such a despotic tax system necessary to pay all the great deficit you sadly explained that that really waugh's no emergency yet you explain how the admitted national debt is all moles seventeen trillion dollars today and increasing by one trillion dollars each year jefferson most of the two himself says.