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    Common Dreams. To inform. To inspire. To ignite change for the common good.
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    LATEST NEWS
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    Common DreamsTo inform. To inspire. To ignite change for the common good.

    us treasury department

    US-POLITICS-PROTEST

    Trump Admin Sued for Withholding Documents in President's Scheme to 'Pocket Taxpayer Money'

    "If senior officials are processing this grift behind closed doors... that is not just bad optics, it is a direct threat to government integrity."

    Brad Reed
    Dec 15, 2025

    A democracy advocacy organization is stepping up pressure on the federal government to release more information on President Donald Trump's scheme to receive a $230 million payout from the US Department of Justice.

    Democracy Forward on Monday filed a Freedom of Information Act (FOIA) complaint against the DOJ and the US Department of Treasury, alleging that both agencies have so far refused to turn over any records related to what the group describes as Trump's "stunning effort to obtain a $230 million taxpayer-funded payout for investigations into his own misconduct."

    Keep ReadingShow Less
    corruption
    donald-trump
    US Treasury Secretary Scott Bessent listens as President Donald Trump speaks

    Outrage Grows as Trump Admin Quietly Weighs New 'Tax Windfall for the Biggest Corporations'

    "Apparently the Trump administration thinks the trillions they spent on tax cuts for the wealthy wasn't enough."

    Jake Johnson
    Dec 05, 2025

    The Trump administration's quiet effort to deliver billions more in tax breaks to some of the largest companies in the United States drew fresh scrutiny and outrage this week, with Democratic members of Congress warning that a series of obscure regulatory changes could further undermine efforts to rein in corporate tax dodging.

    In a letter to the US Treasury Department unveiled Thursday, Sen. Elizabeth Warren (D-Mass.) and Rep. Don Beyer (D-Va.) led a group of lawmakers in denouncing the Trump administration's assault on the corporate alternative minimum tax (CAMT), a Biden-era measure that requires highly profitable US corporations to pay a tax of at least 15% on their book profits—the numbers reported to shareholders.

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    corporate power
    tax-cuts
    US Secretary of Education Linda McMahon and Treasury Secretary Scott Bessent

    Trump Plan to Privatize Student Loans Denounced as ‘Giveaway to Wealthy Insiders’

    "By selling parts of the federal student loan portfolio, the Trump administration may seek to unlawfully strip borrowers of their legally guaranteed protections," wrote a group of more than 40 Democratic lawmakers.

    Jake Johnson
    Nov 18, 2025

    Dozens of Democratic lawmakers in the US House and Senate warned Monday that the Trump administration's reported push to sell off the federal government's massive student portfolio to the private market would be disastrous for borrowers and a "lucrative giveaway" to predatory corporations.

    The lawmakers, led by Sens. Elizabeth Warren (D-Mass.) and Bernie Sanders (I-Vt.) in the Senate and Rep. Ayanna Pressley (D-Mass.) in the House, pointed with alarm to recent reports indicating that Treasury and Education Department officials have met repeatedly with finance industry executives for the purpose of valuing the federal government's student loan portfolio, which is believed to be worth around $1.7 trillion.

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    donald trump
    student-loans
    Ken Kies

    'Wallowing in Corruption': Lobbyist Who Helped Ultra-Rich Dodge Taxes Now Heads Trump Tax Office

    "By putting a professional tax dodging consultant in charge of their tax law, Republicans are continuing to make their intentions crystal clear—this law is a gift to billionaires and huge corporations."

    Jake Johnson
    Jul 15, 2025

    A corporate lobbyist who for decades has helped major companies and rich Americans dodge taxes is now serving as the U.S. Treasury Department's top tax policy official, a position in which he will write rules implementing the newly passed Republican budget law.

    That role is "enormously powerful," The New York Times' Jesse Drucker wrote in a Monday profile of Ken Kies, whom the GOP-controlled U.S. Senate confirmed as assistant treasury secretary for tax policy in a party-line vote last month. President Donald Trump selected Kies for the position in January.

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    republican party
    tax-dodging

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