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Friday, July 12, 2024

Grassley puts pressure on Treasury in tax dispute

Sen. Charles E. Grassley (R-Iowa) on Wednesday criticized a Treasury Department ruling that let Citigroup keep billions of dollars in tax breaks and threatened to prevent the confirmation of several nominees for senior Treasury posts until the department suspended efforts to collect a tax penalty...


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Sen. Charles E. Grassley (R-Iowa) on Wednesday criticized a Treasury Department ruling that let Citigroup keep billions of dollars in tax breaks and threatened to prevent the confirmation of several nominees for senior Treasury posts until the department suspended efforts to collect a tax penalty…