Government And Institutions

The General Services Administration is taking a longer-term approach with its government overhaul and is looking to cap certain indirect spending.

Transportation Secretary Sean Duffy and FAA acting Administrator Chris Rocheleau plan to implement actions to improve operations at Newark Liberty International Airport.

The Department of Justice said Credit Suisse Services AG will hand over more than $510 million in penalties for its part in aiding U.S. taxpayers in skirting the IRS through offshore accounts.

Treasury Secretary Scott Bessent testified that the U.S. is negotiated with 17 of its largest trading partners, but not China, and he expects most of those deals be reached this year.

New data from the Internal Revenue Service shows that the average tax refund amount is up over 3% from a year ago, though the number of refunds issued is down by more than 1%.

The Treasury Department and IRS are working to make the tax collection agency more efficient, which has included a focus on updating outdated IT systems.

The Trump administration is releasing its "skinny" budget blueprint outlining its fiscal priorities, which will include a focus on boosting the defense budget.

USPS' Postal Inspection Service is helping the Trump administration conduct investigations for immigration enforcement operations, according to a Washington Post report.

People were swindled out of $16.6 billion by online bad actors in 2024, according to a recently released report from the FBI's Internet Crime Complaint Center.

Treasuries have historically served as a key safe-haven asset for investors, including foreign governments, while also helping the federal government finance its growing debt.

About 20,000 workers at the IRS have expressed interest in buyout offers extended by the Trump administration as part of its plan to shrink the agency.

Tax Day arrives on April 15, and taxpayers have a deadline of midnight to file their return or request an extension from the IRS. But that does not extend tax payment deadlines.

Federal Trade Commission (FTC) Chairman Andrew Ferguson weighed in on the agency’s antitrust case against social media giant Meta Platforms in a Monday appearance on “Mornings with Maria."

Interior Secretary Doug Burgum addressed the coal industry and President Donald Trump’s executive order to help boost its production in an interview with FOX Business’ Kelly Saberi.

The Trump administration is conducting a review of the use of regulatory guidance at the CFPB and is planning to rescind guidance that exceeds legal authority.

The Department of Government Efficiency (DOGE) uncovered tens of thousands of unemployment claims for claimants with improbably high or low ages, which the Labor Department confirmed.

Sen. Bill Cassidy is probing 23andMe, which recently filed for bankruptcy protection, to ensure the company does not sell customer data to China or other foreign adversaries.

Live Nation said it is constantly working to stop bots from sweeping up tickets but even still, the company said "more efforts are needed to curb runaway resale."

The egg crisis continues as ongoing outbreaks of bird flu continue to decimate flocks and drive prices higher. It's caused over 30% of Americans to hold off on buying eggs altogether.

DOGE's cost-cutting push has spurred a surge in job searches by federal workers at agencies that are under the microscope, a report by the Indeed Hiring Lab found.