TREASURY

U.S. Treasury investigating Minnesota tax dollars possibly linked to Al-Shabaab

@SecScottBessent/X WASHINGTON, D.C. (KVRR/FOX9) — U.S. Treasury is looking into claims that Minnesotans’ tax money might have been misused to support the terrorist group Al-Shabaab. Treasury Secretary Scott Bessent announced the investigation via social media writing it was initiated due to concerns over the management of funds under the Biden Administration and Gov. Tim Walz. He says Treasury is working…

Sen. Hoeven Meets with U.S. Treasury Secretary Over Tax Relief

It would increase the standard deduction for individuals to $12,000 and married couples to $24,000

WASHINGTON, D.C. — The U.S. Treasury Secretary is on Capitol Hill looking for support for tax relief. Steven Mnuchin met with North Dakota U.S. Senator John Hoeven to talk about modernizing and simplifying the tax code. The draft Senate tax relief bill provides a net tax cut of about $1,500 for a median income family of four. It would increase…