Category Archives: U.S. Treasury

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 […]

WASHINGTON—The U.S. Department of the Treasury stands with governments and citizens around the world in the global war against the COVID-19 global pandemic. The United States is committed to ensuring the international flow of humanitarian aid continues through legitimate and transparent channels.  Treasury supports the critical work of governments, international organizations, non-profit organizations, and individuals […]

WASHINGTON – Pursuant to section 13(3) of the Federal Reserve Act, U.S. Treasury Secretary Steven T. Mnuchin today approved the establishment of a Main Street Business Lending Program and a Municipal Liquidity Facility to support the flow of credit to American workers, businesses, States, counties, and cities impacted by the coronavirus pandemic.  Small and medium-sized […]

WASHINGTON – The U.S. Department of the Treasury and the Internal Revenue Service today announced they are extending the deadline for many administrative acts under the tax law as well as the tax filing and payment deadlines for fiscal year businesses, tax-exempt organizations and certain estates and trusts. “In an effort to relieve taxpayers during […]