Latest in Treasury Department Sued
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Vivek Ramaswamy expected to depart DOGE
Trump's choice to co-lead the Department of Government Efficiency is expected to announce a gubernatorial campaign after the new administration begins.CBS News - Jan. 19 -
Trump departs for Washington ahead of inauguration
President-elect Donald Trump departed for Washington D.C., alongside his wife and former first lady Melania, ahead of his inauguration.NBC News - Jan. 18 -
Justice Department Reconsiders NCAA Athlete Pay Settlement
The DOJ says an NCAA payment ruling for compensating student athletes may not be enough.Inc. - Jan. 18 -
Pepsi sued by federal regulators for giving Walmart preferential soft-drink pricing
The Federal Trade Commission said Friday that it is suing PepsiCo for illegal price discrimination, alleging the food and beverage giant gave an unnamed retailer more favorable prices than its ...NBC News - Jan. 17 -
Inside Kristi Noem's plans for Department of Homeland Security
Kristi Noem is having her Senate confirmation hearing Friday to become President-elect Donald Trump's secretary of Homeland Security. CBS News political correspondent Caitlin Huey-Burns has more on ...CBS News - Jan. 17 -
Watch live: Austin bids farewell to Defense Department
Defense Secretary Lloyd Austin will bid farewell in a speech Friday morning, just days before President-elect Trump is set to return to the White House. During his four years helming the Pentagon, ...The Hill - Jan. 17 -
Home insurance costs soaring as climate-related events surge, Treasury Department says
During the period, costs for policies across all categories rose 8.7% faster than the rate of inflation.CNBC - Jan. 17 -
Morning Report — Treasury choice touts Trumponomics
In today’s issue: President-elect Trump won the November election with bold economic promises embraced by an electorate ready to hold him responsible if prices don’t ease, job prospects aren’t ...The Hill - Jan. 17 -
They Went After the Hawk Tuah Crypto Promoters. Now They're Suing Pump.Fun
The same lawyers handling a lawsuit over the infamous Hawk Tuah crypto coin are bringing a new class action against memecoin platform Pump.Fun for allegedly putting investors in high financial risk.Wired - Jan. 17 -
Biden delivers farewell remarks at Department of Defense
President Biden addressed the Department of Defense days before he hands over the White House to President-elect Donald Trump. CBS News' Weijia Jiang reports.CBS News - Jan. 16 -
Trump's choice for treasury secretary questioned on the economy
Scott Bessent, President-elect Trump's pick for Treasury Secretary, was pressed about Trump's economic plans at his Senate confirmation hearing. NBC News' Garrett Haake reports.NBC News - Jan. 16 -
Garland delivers farewell address at Justice Department
Attorney General Merrick Garland delivered his farewell address to the Justice Department before President-elect Donald Trump's administration begins. Garland called for discretion in enforcing the ...CBS News - Jan. 16 -
Blinken holds final news conference at State Department
Secretary of State Antony Blinken held his final news conference at the State Department Thursday. Following a portion of the news conference, CBS News contributor Robert Berger provided analysis ...CBS News - Jan. 16 -
Ferreira, Neal, Tolkin depart USMNT training camp
Forward Jesús Ferreira and defenders Jalen Neal and John Tolkin have departed the United States men's national team training camp in Ft. Lauderdale and won't be part of the friendlies against ...ESPN - Jan. 16 -
Biden delivers farewell address to the Department of Defense
Watch live coverage as President Biden delivers his farewell address as commander in chief to the Department of Defense.NBC News - Jan. 16 -
John Deere Sued by FTC Over Equipment-Repair Practices
The lawsuit against the maker of John Deere tractors represents a final push in the Biden administration’s broader efforts to make repairs less costly for consumers.The New York Times - Jan. 16 -
The FTC Suing John Deere Is a Tipping Point for Right-to-Repair
After years of complaints about “unlawful” repairability policies, the FTC is suing tractor manufacturer Deere & Company. Repairability advocates are calling it a milestone for consumer rights.Wired - Jan. 15 -
Treasury Says Pandemic Spending Saved Jobs
Treasury Secretary Janet Yellen said the Biden administration’s stimulus checks reduced major downside risks.Inc. - Jan. 15 -
Abbott sued over its marketing of potentially harmful toddler milk
Formulas marketed for toddlers are a burgeoning business, but pediatricians have long recommended against their use.CBS News - Jan. 15 -
Transportation Department sues Southwest for 'chronically delayed flights'
The Department of Transportation on Wednesday sued Southwest Airlines, alleging the carrier operated chronically delayed flights, and fined Frontier Airlines for late-arriving flights.NBC News - Jan. 15 -
The SEC Is Suing Elon Musk. It’s All in the Timing
Less than a week before Donald Trump takes office, the SEC has filed a complaint against his most prominent benefactor.Wired - Jan. 15 -
Top BlackRock executive Mark Wiedman to depart
Move scrambles asset management giant’s plans to eventually replace founder Larry FinkFinancial Times - Jan. 14 -
Bessent to divest from assets on road to leading Treasury
President-elect Trump’s Treasury Secretary pick Scott Bessent has plans to divest from funds and other investments as he prepares to take over as the country’s top economic official. In an ...The Hill - Jan. 13 -
Asian American professor wrongfully accused of spying for China is suing University of Kansas
Franklin Tao, an Asian American scientist who was wrongfully accused of spying for China, is suing the University of Kansas, his former employer, accusing it of “vicious, unabated discrimination.”NBC News - Jan. 10 -
BlackRock departs climate investment group
Asset management firm BlackRock is leaving a climate-focused investing group, the group confirmed. “We are disappointed to see any investor withdraw, but as a voluntary initiative, we respect any ...The Hill - Jan. 9 -
Treasury yields fall in shortened trading session
U.S. Treasury yields fell during a shortened trading session as the bonds market will close early in honor of the late former U.S. President Jimmy Carter.CNBC - Jan. 9 -
Demystifying the Department of Government Efficiency
This week we break down the new government committee being led by Elon Musk and Vivek Ramaswamy.Wired - Jan. 9 -
Can the Justice Department Survive a Trump Wrecking Ball?
Over the next four years, the rule of law will face a profound test.The New York Times - Jan. 9 -
Treasury: Covid Stimulus May Have Contributed to Inflation
Treasury secretary Janet Yellen said spending could have have contributed ‘a little bit’ to rising inflation.Inc. - Jan. 8 -
Treasury yield curve steepens for all the wrong reasons
Investors continued to sell off the 30-year Treasury bond for a sixth straight session on Wednesday, pushing its yield further into its highest closing level in more than a year.MarketWatch - Jan. 8 -
US stocks slide as strong data sends Treasury yields higher
Investors bet Fed likely to lower interest rates just once this year after better than expected jobs and services figuresFinancial Times - Jan. 7 -
Bitcoin drops below $97,000 as Treasury yields pressure risk assets
Bitcoin slumped on Tuesday as a spike in Treasury yields weighed on risk assets broadly.CNBC - Jan. 7 -
Don King sued by promoter seeking $3B over alleged 'Rumble in the Jungle' anniversary event
A lawsuit against famed boxing promoter Don King seeks more than $3 billion, alleging King falsely denied being involved in an anniversary event for his historic "Rumble in the Jungle."NBC News - Jan. 7 -
Nippon Steel CEO doubles down on pledge to acquire U.S. Steel after suing Biden administration
Japan's Nippon Steel emphasized that it is not giving up on its takeover of U.S. Steel, a day after suing the Joe Biden administration over blocking the proposed merger.CNBC - Jan. 7 -
Minneapolis Promises Police Overhaul in Deal With Justice Department
With only two weeks left in the Biden administration, officials hurried to finalize a plan in the city where George Floyd was murdered.The New York Times - Jan. 6 -
Late Padres owner's widow, Sheel Seidler, suing Peter Seidler's brothers for control of team
The lawsuit alleges that the Seidler siblings are attempting to sell — and perhaps relocate — the Padres.Yahoo Sports - Jan. 6 -
CISA says 'no indication' other agencies impacted by Treasury hack
The Cybersecurity and Infrastructure Security Agency (CISA) said Monday that there is “no indication” other federal agencies were impacted by the recent breach at the Treasury Department. The ...The Hill - Jan. 6 -
Pope Appoints Nun to Lead Vatican Department
Sister Simona Brambilla was appointed as the prefect of a Vatican office that oversees religious orders, but she may not be alone at the top.The New York Times - Jan. 6