Government finance

FILE - These undated file photos released by the Weber County Sheriff's Office show Jacob Kingston, left, and Isaiah Kingston. Two executives of a Salt Lake City biodiesel company linked to a polygamous group are pleading guilty to charges filed in a $511 million tax credit scheme. Court documents made public on Friday, July 19, 2019, show Jacob Kingston and Isaiah Kingston with the company Washakie Renewable Energy have pleaded guilty to charges including money laundering, mail fraud and conspiracy. (Weber County Sheriff's Office via AP, File)
July 19, 2019 - 7:06 pm
SALT LAKE CITY (AP) — Two executives of a Salt Lake City biodiesel company linked to a polygamous group have pleaded guilty to charges filed in what prosecutors have called a $511 million tax credit scheme, according to documents made public Friday. Washakie Renewable Energy once described itself...
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US Treasury Secretary Steve Mnuchin answers reporters after the G-7 Finance Thursday, July 18, 2019 in Chantilly, north of Paris. Top finance officials from the Group of Seven rich democracies are warning that cryptocurrencies like Facebook's Libra should not come into use before "serious regulatory and systemic concerns" are addressed. (AP Photo/Michel Euler)
July 18, 2019 - 9:46 am
WASHINGTON (AP) — Treasury Secretary Steven Mnuchin said Thursday that budget and debt negotiators have reached an agreement on the core elements of a deal to increase the government's borrowing cap and set a $1.3 trillion overall level for the agency budgets that Congress passes each year...
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US Treasury Secretary Steve Mnuchin, German Finance Minister Olaf Scholz and Canada's Finance Minister Bill Morneau, from left, walk at the G-7 Finance in Chantilly, north of Paris, on Wednesday, July 17, 2019. The Group of Seven rich democracies' top finance officials gathered Wednesday at a chateau near Paris in search of common ground on the threats posed by digital currencies. (AP Photo/Michel Euler)
July 18, 2019 - 6:52 am
CHANTILLY, France (AP) — The Latest on the G-7 finance ministers' meeting (all times local): 12:50 p.m. U.S. Treasury Secretary Steven Mnuchin says the White House will press ahead with its investigation of France's digital tax, which is aimed at companies like Google and Amazon, as a possible...
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House Speaker Nancy Pelosi of Calif. reads from a paper titled "Know Your Rights" regarding ICE agents attempting to perform raids as she meets with reporters on Capitol Hill in Washington, Thursday, July 11, 2019. (AP Photo/Andrew Harnik)
July 17, 2019 - 6:20 pm
WASHINGTON (AP) — Washington negotiators are closing in on a budget and debt deal that would stave off the chance of a government shutdown this fall and allow Congress to speed through legislation to increase the government's borrowing cap. The emerging two-year framework would satisfy demands for...
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U.S. Sen. Kirsten Gillibrand, D-New York, speaks at the AARP Presidential Forum at the Waterfront Convention Center in Bettendorf, Iowa on Tuesday, July 16, 2019. (Olivia Sun/The Des Moines Register via AP)
July 17, 2019 - 4:25 pm
WASHINGTON (AP) — Republican Sen. Rand Paul on Wednesday blocked a bipartisan bill that would ensure a victims' compensation fund related to the Sept. 11 attacks never runs out of money. Paul objected to a request by Sen. Kirsten Gillibrand, D-N.Y., to approve the bill by unanimous consent, which...
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French Finance Minister Bruno Le Maire, left, welcomes Treasury Secretary Steve Mnuchin at the G-7 Finance Wednesday July 17, 2019 in Chantilly, north of Paris. The Group of Seven rich democracies' top finance officials gathered Wednesday at a chateau near Paris in search of common ground on the threats posed by digital currencies. (AP Photo/Michel Euler)
July 17, 2019 - 11:16 am
CHANTILLY, France (AP) — The Trump administration is objecting to France's plan to tax Facebook, Google and other U.S. tech giants, a rift that's overshadowing talks between seven longtime allies this week on issues ranging from digital currencies to trade. As finance ministers from the Group of...
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European Commissioner for Competition Margrethe Vestager, center, speaks with European Commissioner for Economic and Financial Affairs Pierre Moscovici, second left, and European Commissioner for Migration and Home Affairs Dimitris Avramopoulos, left, during the weekly college meeting at EU headquarters in Brussels, Wednesday, July 3, 2019. (AP Photo/Virginia Mayo)
July 17, 2019 - 8:22 am
BRUSSELS (AP) — The European Union is opening a new front in its quest to more closely regulate big tech companies, saying Wednesday it was investigating whether U.S. online giant Amazon uses data from independent retailers to gain an illegal edge when selling its own products. EU antitrust...
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FILE - In this Tuesday, July 2, 2019 file photo, Bulgarian Prime Minister Boyko Borissov arrives for an EU summit in Brussels. Bulgarian officials say unidentified hackers have stolen the personal details of millions of people from Bulgaria's national revenue agency. Prime Minister Boyko Borissov called an emergency meeting Tuesday, July 16 of all law enforcement services to consider the potential harm to national security. (Geoffroy van der Hasselt, Pool Photo via AP, file)
July 17, 2019 - 8:00 am
SOFIA, Bulgaria (AP) — Bulgarian police have detained a suspect who is allegedly behind the hacking of the national revenue agency, an attack that leaked the personal and financial data of millions of Bulgarians and companies. Police cybersecurity chief Yavor Kolev said Wednesday a 20-year-old...
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Treasury Secretary Steve Mnuchin takes questions as he speaks during a news briefing at the White House, in Washington, Monday, July 15, 2019. (AP Photo/Carolyn Kaster)
July 16, 2019 - 11:51 am
PARIS (AP) — Finance officials from the Group of Seven rich democracies will weigh risks from new digital currencies and debate how to tax tech companies like Google and Amazon when they meet this week in the Paris suburb of Chantilly. Those two issues, raised by the impact of the digitalization on...
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July 16, 2019 - 9:26 am
WASHINGTON (AP) — U.S. industrial production was flat in June, as a slump in utilities was offset by gains in output by factories and mining. The Federal Reserve said Tuesday that manufacturing production increased 0.4% last month, aided by a nearly 3% surge at auto plants. Still, factory output...
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