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Behind the scenes of the $3 trillion COVID-19 bailout, the Treasury Dept's responsibilities have fallen largely to Deputy Secretary Justin Muzinich. A major beneficiary of that bailout so far: Muzinich & Co., the asset manager founded by his father

Treasury rescuing a trucking company to the tune of $700 million in exchange for an equity stake in the firm, which incidentally was the target of a Justice Dept. lawsuit in 2018 for allegedly overcharging the Defense Dept.

Treasury Dept. utilizes CARES Act provision that provides loans designated for “industries critical to national security” $700 million to YRC Worldwide. Treasury received 29.6% equity stake. SecDef certified company was fit “critical to national security” standards@

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FYI: IRS says *NO* #tax  extension beyond 7/15 due to #COVID19 . "The Dept. of the Treasury and #IRS  today announced the tax filing and payment deadline of July 15 will not be postponed." An automatic extension until Oct. 15 might be available. Here's how:

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NYT 'breaking news': In rush to save economy, Treasury Dept sent out 1 million payments to dead people totaling $1.4 billion. Now tell me again how state govts mailing hundreds of millions of ballots to everyone on their voter rolls is going to result in zero fraud or abuse?

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The Senate Indian Affairs Committee will hold a hearing next month on why it took the Treasury Dept months -- months -- to distribute $8 billion in emergency COVID-19 relief to Native American tribes, says Sen. Tom Udall. "Unconscionable," he says in a statement.

WATCHDOG: Federal government is spending about $2.6 trillion in Coronavirus-related relief programs, but... Treasury Dept. and IRS "sent almost 1.1 million payments totaling nearly $1.4 billion to deceased individuals."

Congressional investigation: treasury dept'>Trump Treasury Dept. sent more than 1 million #coronavirus  stimulus payments to dead people.

Behind the scenes of the $3 trillion COVID-19 bailout, the Treasury Dept's responsibilities have fallen largely to Deputy Secretary Justin Muzinich. A major beneficiary of that bailout so far: Muzinich & Co., the asset manager founded by his father

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Take a moment for this story: -The Treasury Dept is totally depleted -So the bailout work has largely fallen to 1 man -He engaged in a “fake divestment” from his family investment firm -The bailout has been worth billions for his firm

Treasury Dept refuses to release Trump's tax returns, despite subpoena; but has complied with GOP senators’ requests for highly sensitive financial records about Hunter Biden & his associates and has turned over “‘evidence’ of questionable origin” to them

BREAKING: The U.S. Treasury Dept. has complied with Republican Senators’ requests for highly sensitive and closely-held financial records about Hunter Biden and his associates and turned over “‘evidence’ of questionable origin” to them via @nycsouthpaw 

Treasury Dept: US budget deficit widened to $1.067 trillion for the first 11 months of the fiscal year, an increase of 19% over this time last year.

New: Treasury Dept has officially lifted sanctions on three companies tied to Kremlin ally Oleg Deripaska saying they’ve cut his “direct and indirect shareholding stake in these companies and severed his control”. Majorities in both House and Senate opposed the move.

New (and predictable): Federal budget deficit ballooned in first four months of 2019, up 77% from a year ago as tax revenue plummeted and government spending went up. Treasury Dept figures show deficit hitting $310 billion, up from $176 billion.

last October: GOP Sen Corker says "If we're adding one penny to the deficit, I’m not going to be for it. greatest threat to our nation" he was for it this October: Treasury Dept reports 2018 deficit of $779-B, 17% larger than 2017 and higher than any point in Obama's 2nd term

The US Deficit jumped to $779 billion in fiscal year 2018. Up 17% from last year, per Treasury Dept. Last time it was this high was 2012 when US was climbing out of Great Recession.

BREAKING: US Treasury Dept easing Obama admin sanctions to allow companies to do transactions with Russia's FSB, successor org to KGB.

Omg, a Treasury Dept spox has confirmed to that the new Russian “oligarch list” was taken from a Forbes ranking

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