The White House proposed Monday trimming the U.S. Treasury Department's budget by three percent for the coming fiscal year, including a seven percent drop in funding for the country's financial intelligence unit.
As many federal agencies have watched their budgets and staffs shrink or remain static in recent years, the U.S. Treasury Department office charged with researching economic sanctions has seen something rare: growth.
House lawmakers Friday passed a $1 trillion appropriations bill that would trim nearly $2 billion from the U.S. Treasury Department's proposed budget, if approved by the Senate.