Category Archives: U.S. Treasury

Washington – The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for February 2020. The next release, which will report on data for March 2020, is scheduled for May 15, 2020. The sum total in February of all net foreign acquisitions of long-term securities, short-term U.S. securities, and banking flows was […]

SSI recipients with dependent children should still use the “Non-Filers Enter Info Here” portal on IRS.Gov to provide their information WASHINGTON—The Social Security Administration announced today that Supplemental Security Income (SSI) recipients will automatically receive their Economic Impact Payments directly to their bank accounts through direct deposit, Direct Express debit card, or by paper check, […]

WASHINGTON – U.S. Treasury Secretary Steven T. Mnuchin issued the following statement on the Payroll Support Program for passenger air carriers: “We welcome the news that a number of major airlines intend to participate in the Payroll Support Program. This is an important CARES Act program that will support American workers and help preserve the […]

WASHINGTON – Consistent with direction from G7 Leaders, Finance Ministers and Central Bank Governors met virtually on April 14 to reaffirm our close coordination to fight the pandemic and mitigate its impacts, including by enacting wide-ranging health, economic, and financial stability measures in our respective countries.  Ministers and Governors reiterated their pledge to do whatever […]

WASHINGTON—Millions of Americans are starting to see Economic Impact Payments deposited directly in their bank accounts. The U.S. Department of the Treasury and IRS expect tens of millions of Americans will receive their payments via direct deposit by Wednesday, April 15. These payments are being automatically issued to eligible 2019 or 2018 federal tax return […]

WASHINGTON – Today, the U.S. Department of the Treasury launched a web portal to allow eligible State, local, and tribal governments to receive payments to help offset the costs of their response to the coronavirus pandemic.   Once registered through this portal, States, territories, and the District of Columbia will receive promptly half of the funds allocated […]

New online tool developed to help millions of taxpayers who do not normally file tax returns to submit information needed to receive payments WASHINGTON – Today, the U.S. Department of the Treasury and the Internal Revenue Service launched “Non-Filers: Enter Payment Info Here,” a web portal where Americans who did not file a tax return […]

WASHINGTON – Today, U.S. Treasury Secretary Steven T. Mnuchin announced certain details of the Payroll Support Program under the CARES Act. Title IV of the CARES Act provides payroll support for American workers employed by passenger air carriers, cargo air carriers, and related contractors. Treasury has received over 230 applications for payroll support from a […]