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Biden vows abortion fight, assails 'extreme' court ruling

WASHINGTON (AP) — President Joe Biden said Friday he would fight to preserve access to abortion after the Supreme Court overturned Roe v. Wade, and he called on Americans to elect more Democrats who w...

'Groundhog Day' at IRS: Returns pile up, phone delays worsen

WASHINGTON (AP) — It’s Groundhog Day at the IRS. After digging out of a daunting backlog from 2021, the agency has an even bigger backup for this tax season than it did a year ago an...

IRS erases last season's backlog, but still faces 2022 crush

WASHINGTON (AP) — The Internal Revenue Service said Tuesday that it will have erased its backlog of last season's tax returns by the end of this week. And with 143 million returns f...

Biden to name 1st Native American US treasurer to head Mint

WASHINGTON (AP) — A Native American is being appointed U.S. treasurer, a historic first. The White House on Tuesday announced President Joe Biden's intent to appoint Marilynn “Lynn” ...

US sanctions Nicaraguan gold mining firm over ties to Russia

WASHINGTON (AP) — The U.S. imposed sanctions Friday on Nicaragua’s state-owned gold mining company and the president of its board of directors in part over the Central American nation's ties to Russia...

Amid crypto turmoil, senators propose sweeping oversight

WASHINGTON (AP) — Wide-ranging bipartisan legislation unveiled Tuesday would regulate cryptocurrencies and other digital assets following a series of high-profile busts and failures. ...

Treasury Secretary Yellen expects inflation to 'remain high'

WASHINGTON (AP) — Treasury Secretary Janet Yellen acknowledged Tuesday that she and Federal Reserve Chair Jerome Powell “could have used a better word” than “transitory” when describing the expected r...

Putin-linked elites, yachts, firms targeted for sanctions

WASHINGTON (AP) — The U.S. announced new sanctions Thursday on Russian oligarchs and elites, including some of the richest men in Europe and their families, as well as penalties targeting more Kremlin...

Congressional Budget Office says inflation to last into 2023

WASHINGTON (AP) — The Congressional Budget Office released an economic outlook Wednesday saying high inflation will persist into next year, likely causing the federal government to pay higher interest...

US to end Russia's ability to pay international investors

WASHINGTON (AP) — The U.S. will close the last avenue for Russia to pay its billions in debt back to international investors on Wednesday, making a Russian default on its debts for the first time sinc...

Yellen's global tax plan meets resistance abroad and at home

KOENIGSWINTER, Germany (AP) — Treasury Secretary Janet Yellen celebrated a “historic day” last summer when more than 100 nations agreed to a global minimum tax deal, aimed at putting the world's count...

Yellen: Ukraine war fallout threatens 'stagflation,' hunger

BONN, Germany (AP) — Treasury Secretary Janet Yellen warned Wednesday that Russia's February invasion of Ukraine has produced a sharp increase in food and energy prices that is contributing to a slowd...

Yellen meets war refugees in Poland, pushes food crisis plan

WARSAW, Poland (AP) — U.S. Treasury Secretary Janet Yellen on Monday met with Ukrainian refugees and urged the need to confront Russian brutality as she visited Poland ahead of a meeting of finance mi...

Treasury: Russia war bolsters need to combat illicit finance

WASHINGTON (AP) — The Treasury Department laid out recommendations Friday for tightening laws to guard against money laundering and illicit threats to the U.S. financial system, citing the conduct of ...

Crypto meltdown prompts Yellen to call for new regulation

WASHINGTON (AP) — Treasury Secretary Janet Yellen, responding to the recent sharp decline in the value of cryptocurrencies, said Thursday that additional federal regulation was needed to respond to th...