The Latest Breaking News from Treasury Department

The next few months could be the most politically treacherous time for Prime Minister Prayut Chan-o-cha although toppling him and cutting short the life of his administration may be easier said than done.

A ruckus over the bidding concession for a 25.6-billion-baht water pipeline project in the eastern region has become the latest setback for the government. Yet, the issue needs a clear mind for it to be best resolved.

WASHINGTON — Federal officials Wednesday were asked to investigate whether an Overland Park, Kansas, trucking company broke federal law when securing a $700 million loan through a federal pandemic aid program — a sum that accounted for 95% of the money allocated to the program.

The report questions whether Mr Mnuchin made false statements to a Congressional Oversight Commission regarding the loan’s approval

CHIANG MAI: The Region 5 Appeal Court on Wednesday handed over to the Treasury Department a plot of land at the foot of Doi Suthep, the site of a controversial housing project for judicial officials.

The Senate voted 52-43 Tuesday to confirm Lael Brainard, a member of the Federal Reserve board, to become vice chair, but fell short of the votes needed to move forward with Lisa Cook’s nomination to join the board.

Lisa Cook, who would become the first Black woman to join the Fed board, encountered another obstacle in COVID-19 cases among Democrats.

The United States will provide $500 million more in financial assistance for Ukraine to sustain critical government operations as it fends off the Russia invasion

A longtime Russian business associate of American tobacco giant Philip Morris International Inc - a billionaire whose holdings have included a major stake in a weapons plant supplying Russia’s military - has been sanctioned in Europe for aiding Russia’s invasion of Ukraine, according to a Reuters review of business registries…