Latest News
By C. M. Ingle | Apr 5, 2026
The U.S. Department of the Treasury and IRS plan new guidance clarifying how laws apply to religious organizations under the Johnson Amendment. Officials say forthcoming rules will address internal church communications versus broader political activity.
By C. M. Ingle | Apr 5, 2026
The U.S. Department of the Treasury marked National Financial Literacy Month by announcing new initiatives aimed at improving Americans' understanding of personal finance. Secretary Scott Bessent highlighted how financial knowledge supports opportunity across generations.
By T. J. Graves | Apr 5, 2026
The Treasury Department announced that Department of Homeland Security staff impacted by an ongoing shutdown will get extra time to file taxes. The new deadline extends filings until May 15 with penalty and interest relief included.
By C. M. Ingle | Apr 5, 2026
The U.S. Department of the Treasury is seeking public feedback on its first proposed regulation under the GENIUS Act concerning stablecoin oversight. The new rule would set principles for when state regulations can substitute for federal rules if they are sufficiently similar.
By F. E. Simons | Apr 5, 2026
The Treasury Department announced it will begin meetings with domestic and international insurance regulators focused on private credit markets. The discussions aim to address market developments, risks, and regulatory cooperation starting in April.
By C. M. Ingle | Apr 5, 2026
U.S. Treasury Secretary Scott Bessent spoke at a Long Island business roundtable about recent federal tax reforms benefiting working families and small businesses. He also introduced new initiatives like Trump Accounts aimed at helping Americans build long-term savings.
By F. E. Simons | Apr 5, 2026
The U.S. Treasury's Financial Crimes Enforcement Network has issued an advisory warning banks about rising fraud targeting Medicare and Medicaid programs. The agency also proposed paying whistleblowers who report actionable tips on illicit activities affecting federal benefits.
By C. M. Ingle | Apr 5, 2026
Aphreseller has recalled all lots of Kian Pee Wan capsules after FDA testing found undeclared prescription drugs in the product. Consumers are advised to stop use immediately due to potential health risks associated with dexamethasone and cyproheptadine.
By T. J. Graves | Apr 5, 2026
Tops Friendly Markets has recalled certain peeled garlic products due to possible contamination by Clostridium botulinum bacteria after improper storage conditions were discovered during an inspection. No illnesses have been reported so far; customers may return affected items for a full refund.
By F. E. Simons | Apr 5, 2026
RAW FARM has issued a voluntary recall for certain batches of its cheddar cheese after an FDA advisory linked some products to potential health risks despite no pathogens being detected in tests so far. The company disagrees with federal findings but says it will comply as a precautionary measure.
By C. M. Ingle | Apr 5, 2026
Karns Foods has recalled its Mini Dark Chocolate Raspberry Cups due to undeclared peanuts in some packages. No illnesses have been reported, but customers with peanut allergies are urged not to consume the product and may return it for a refund.
By C. M. Ingle | Apr 5, 2026
Wawa has recalled certain iced tea and fruit punch beverages sold in five states due to a possible undeclared milk allergen. The company urges customers with allergies not to consume these products and offers refunds for affected purchases.
By C. M. Ingle | Apr 4, 2026
U.S. Immigration and Customs Enforcement shared updates on its recent operations via Twitter in early April 2026.
By F. E. Simons | Apr 4, 2026
Executive Assistant Commissioner Diane J. Sabatino posted a series of updates in April 2026 detailing CBP’s use of advanced technology for border security operations, including significant narcotics seizures at the Laredo Port of Entry and...
By T. J. Graves | Apr 4, 2026
U.S. offshore oil production hit a record high in 2025 with strict oversight from federal regulators. The Bureau of Safety and Environmental Enforcement says it continues its focus on safe operations while supporting economic growth.
By C. M. Ingle | Apr 4, 2026
Platform Heritage has been cleared by federal regulators to resume oil production off Santa Barbara as part of Sable Offshore Corp.'s Santa Ynez Unit. Officials say this move could boost California's in-state oil supply while supporting local jobs.
By T. J. Graves | Apr 4, 2026
Three new laws have been signed by the President authorizing Medal of Honor awards for acts of valor by James Capers, Jr., Nicholas Dockery, and John W. Ripley. The recipients served in conflicts including Vietnam and Afghanistan.
By C. M. Ingle | Apr 3, 2026
Bhavesh Lathiya pleaded guilty in Brooklyn federal court on April 3 to distributing illegal fentanyl precursor chemicals from India into the U.S., marking a first-of-its-kind felony conviction against an Indian supplier. Authorities say his actions fueled America’s opioid crisis through deceptive shipping practices targeting domestic traffickers.
By F. E. Simons | Apr 3, 2026
A Pittsburgh man has been sentenced to fifteen years in federal prison for distributing child sexual abuse material. The court also ordered post-release supervision and restitution after tracing illegal content sent via email. Authorities emphasized both the severity of the crime and its impact on victims.
By H. B. Edwards | Apr 3, 2026
Senator Jeff Merkley has criticized President Trump's fiscal year 2027 proposed budget after its release April 3. Merkley highlighted concerns over increased defense spending and lack of support for key domestic programs.
