U.S. Department of the Treasury

Biden and McCarthy strike positive tone after debt limit talks, but no deal yet

BY: and - May 22, 2023

WASHINGTON — President Joe Biden and Speaker Kevin McCarthy left their closely watched meeting Monday without an agreement on government spending or the debt limit, prolonging a stalemate that could soon disrupt Americans’ everyday lives as well as the global economy.  Both struck a positive tone Monday, though neither divulged details about what remains unresolved […]

Another state cabinet member is stepping down

BY: - March 24, 2023

James Thorsen, director of the Rhode Island Department of Administration, is leaving April 28 to return to the U.S. Department of the Treasury, Gov. Dan McKee’s office announced on Friday. Brian Daniels, the director of the Office of Management and Budget, will fill in as interim administration director after Thorsen leaves. Thorsen’s departure is the […]