Impoundment is when a president refuses to spend money allocated by Congress and returns the funds to the Treasury.

Discover how the IRS's direct deposit system can streamline your tax refund process, ensuring you receive your money quickly and efficiently. Learn the steps to set it up and the benefits it offers.

Welcome to the Money blog as the Bank of England announces a cut in the base rate from 4.75% to 4.5%. That's all from our live Q&A and the Money blog today - scroll down to read expert answers on what ...

The Senate voted 53 to 47 to confirm Russell T. Vought — an architect of the ultraconservative Project 2025 policy agenda — to lead the White House budget office.

If the bank recovers the funds and returns them to the IRS, the IRS will send a paper refund check to your last known address ...

And if you anticipate getting a hefty refund back, it may behoove you to get that process started now so you can keep an eye ...