Minority-owned banks draw billions in funding and donations

The U.S., along with some of the nation's biggest banks, are pumping big bucks into Minority Depository Institutions.

• Apr 22, 2021

The Treasury Department this past week announced Andrew Jackson's face on the front of the $20 bill will be replaced by that of escaped slave-turned-abolitionist Harriet Tubman

The Treasury Department this past week announced Andrew Jackson's face on the front of the $20 bill will be replaced by that of escaped slave-turned-abolitionist Harriet Tubman. When it comes to the green that's been printed over the years, not all our currency has stayed current. Charles Osgood reports.

• Apr 24, 2016
• 01:30

Biden announces sanctions against Russia

President Biden on Thursday signed an executive order branding the threat from Russia a national emergency and unleashing a flurry of sanctions that include the expulsion of at least 10 Russians from the diplomatic mission in Washington. CBS News intelligence and national security reporter Olivia Gazis joins CBSN to discuss the scope of the sanctions and the potential repercussions ahead.

• Apr 15, 2021
• 05:53

Stimulus could create millions of public jobs

Many people with jobs affected by the pandemic may soon be returning to work. President Joe Biden's $1.9 trillion stimulus package will also help create millions of new jobs for those in the public sector who were furloughed or laid off. State and local governments are hoping these new opportunities will bring jobs numbers back to pre-pandemic levels. CBS News reporter Sarah Ewall-Wice joined CBSN's Elaine Quijano to discuss.

• Apr 13, 2021
• 05:38

U.S. deficit hits $1.7 trillion over last six months

The latest monthly Treasury report says the country spent nearly $660 billion more than it took in during March alone.

• Apr 12, 2021

The action by the Treasury Department is partly inspired by a New York Times three-year investigation

The action by the Treasury Department is partly inspired by a New York Times three-year investigation on the increase in shell companies that allow buyers to make all-cash purchases and keep their identities hidden. Louise Story, co-author of the Times' series, joins "CBS This Morning" to discuss the investigation and the government's action.

• Jan 14, 2016
• 02:55

What's behind rising unemployment rates?

This week's jobs report shows a jump in new unemployment claims after several months of decline. Bankrate senior economic analyst Mark Hamrick joins CBSN to explain the latest spike and how President Biden's stimulus package may reverse the trend.

• Mar 18, 2021
• 05:24

Treasury says states can cut taxes under COVID bill – with a catch

States sought and got clarification from federal officials about what they thought might be a blanket ban on tax reductions due to the massive measure.

• Mar 18, 2021

Newsweek is standing by a report that the magazine tracked down the founder of Bitcoin. The new digital currency is highly volatile, having lost half its value over the past three months.

Newsweek is standing by a report that the magazine tracked down the founder of Bitcoin. The new digital currency is highly volatile, having lost half its value over the past three months. It’s also attracting attention from the Treasury Department and the Securities and Exchange Commission. Ben Tracy reports.

• Mar 7, 2014
• 02:28

Stimulus payments delaying tax returns

Washington Post economics correspondent Heather Long joins CBSN's "Red & Blue" anchor Elaine Quijano to explain why millions of people who filed their taxes early are still waiting for their refunds, and how stimulus payments might be causing a delay. The IRS is delaying this year's deadline to May 17.

• Mar 17, 2021
• 06:25

Yellen: Job market still "in a deep hole"

Treasury Secretary Janet Yellen says she is "afraid that the job market is stalling."

• Feb 7, 2021
• 08:08

Senate confirms Janet Yellen as new treasury secretary

She's the first woman to lead the department in its more than 230-year history.

• Jan 26, 2021

Harriet Tubman on the $20? Treasury to move forward with effort

The renewed effort comes after former Treasury Secretary Steve Mnuchin announced nearly two years ago that the redesign proposed by former President Obama would not happen under the Trump administration.

• Jan 26, 2021

Effort to put Tubman on $20 to go forward

White House Jen Psaki said Monday that the Treasury Department will move forward with an effort to put Harriet Tubman on the $20 bill. The effort was initiated by the Obama administration but then was stalled by the Trump administration. CBSN's Elaine Quijano reports.

• Jan 25, 2021
• 00:32

Janet Yellen confirmed as treasury secretary

The Senate on Monday confirmed Janet Yellen as treasury secretary by a 84 to 16 vote. She is the first woman to lead the department in its 230-year history. CBSN's Elaine Quijano reports.

• Jan 25, 2021
• 00:28

Janet Yellen pushes for "big" federal action

CBS News reporter Sarah Ewall-Wice joins CBSN's "Red & Blue" host Elaine Quijano to discuss the "big" actions Janet Yellen wants to see done by the Treasury Department if she is confirmed as secretary by the incoming Biden administration.

• Jan 19, 2021
• 04:47

Hearings start for Biden's cabinet nominees

The Senate is kicking off a series of high-stakes confirmation hearings Tuesday for President-elect Joe Biden's top cabinet nominees. Lawmakers will question his picks to lead the Departments of State, Treasury, Homeland Security and Defense along with the director of national intelligence. CBS News senior White House correspondent Weijia Jiang joins CBSN from Wilmington, Delaware with more on the hearings, the upcoming impeachment trial and the new administration's expected first moves.

• Jan 19, 2021
• 11:44

Feds set to revive loan program for small businesses

The federal loans, which can be forgiven, will have five-year terms and carry an interest rate of 1%.

• Jan 8, 2021

Second stimulus check: IRS says the $600 payments are on their way

The tax agency said it began distributing direct deposits Tuesday night, and will start mailing paper checks December 30.

• Jan 4, 2021

$600 stimulus check start going out

The Treasury Department has started sending out $600 stimulus checks to Americans, but President Trump and Democratic lawmakers say that's not enough. Senate Majority Leader Mitch McConnell blocked a vote to increase the amount to $2,000 per person and instead is linking it to an unrelated internet bill, which is likely to be shot down. CBS News' Debora Alfarone joins "CBSN AM" from Capitol Hill with the latest.

• Dec 30, 2020
• 04:02

Who will get stimulus checks, and how much?

Economists are split over whether increasing the stimulus checks from $600 to $2,000 per person is a good idea. Will the money go to those who need it most? How much will it cost the nation? CBS MoneyWatch senior reporter Stephen Gandel joins "CBSN AM" with details.

• Dec 30, 2020
• 05:10

Hackers gained access to Treasury emails

Email accounts of top Treasury Department officials were infiltrated for months in the massive hacking attack that was recently uncovered, raising fears that hackers possibly linked to Russia stole sensitive information with major financial implications. CBSN technology reporter Dan Patterson joins CBSN AM's Anne-Marie Green to talk about the latest developments.

• Dec 22, 2020
• 06:36

"Dozens" of top Treasury email accounts hacked, senator says

Senator Ron Wyden said the "full depth" of the Treasury hack "isn't known."

• Dec 22, 2020

Trump downplays massive cyberattack

President Trump responded to a massive cyberattack on the U.S., downplaying its severity and impact. Meanwhile, Secretary of State Mike Pompeo blamed Russia for the hack, which affected at least seven government agencies and went undetected for months. Erica Borghard, a senior fellow at the Atlantic Council, joined CBSN's Lana Zak to discuss.

• Dec 19, 2020
• 10:15

U.S. federal agencies hacked by foreign entity

The Department of Commerce and the U.S. Treasury were hacked in an undetected, monthslong operation. Experts believe the cyberattack was by a foreign entity, and many officials blame a Russia-affiliated group for the security breach. Jamil Jaffer, founder and executive director of the National Security Institute at George Mason University, joined CBSN's Elaine Quijano to discuss what we know so far about the hack.

• Dec 14, 2020
• 06:10

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