Treasury News
Treasury
The U.S. Department of the Treasury recently announced the sanctions of four companies and one person who were involved with PMC Wagner (Wagner Group) and the group’s founder Yevgeniy Prigozhin.
Treasury
McGinnis says lack of transparency 'only fuels Americans' distrust in their government' amid ethics concerns surrounding SEC chairman, Bankman-Fried meeting
The lack of transparency regarding Securities and Exchange Commission (SEC) Chairman Gary Gensler's meeting with Sam Bankman-Fried of cryptocurrency exchange FTX, is contributing to feelings of "distrust" toward the federal government.
Treasury
Rep. Ivory supports National State Lands Act for land conservation
Utah Rep. Ken Ivory, R-39th, said the American Lands Council’s (ALC) proposed National State Lands Act is the best solution for land conservation.
Treasury
Nelson: U.S. 'will continue to aggressively target those who seek to prey on desperate migrants'
A transnational human smuggling organization based in Mexico and several individuals and entities associated with it have been sanctioned by the U.S.
Treasury
Yellen: 'Treasury remains vigilant to countries’ currency practices and policy settings'
The U.S. Department of the Treasury has delivered to Congress its semiannual assessment of the economic policies of the United States' major trading partners.
Treasury
Warren, Wyden say controversial pro-golf merger could help Saudis to 'sportswash' its 'egregious' human-rights record
The surprise merger between the PGA Tour and Saudi Arabia's Public Investment Fund has raised concerns on and off the links over potential antitrust violations and human rights.
Treasury
Yellen: 'I am looking forward to discussing Treasury’s oversight of the international financial institutions'
U.S. Secretary of the Treasury Janet Yellen recently talked to members of Congress about the Treasury's oversight of the international financial institutions (IFIs).
Treasury
Adeyemo: Treasury 'provides critical services that touch the lives of millions of American families, workers, and businesses'
The Department charged with processing most of the federal government's payments has launched an initiative to better ensure fairness and transparency of its procedures.
Treasury
Treasury Department official cites need to target Mexican cartels 'engaged in production, distribution of synthetic opioids’
The Department of the Treasury’s Office of Foreign Assets Control (OFAC) has named two members of a Mexican cartel as responsible for trafficking high-caliber firearms from the U.S. into Mexico.
Treasury
Nelson: ‘Sanctions imposed today shine a light on Russia’s ongoing covert efforts to destabilize democratic nations’
Seven individuals in a malign influence group tied to Russian intelligence have been sanctioned by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC).
Treasury
Federal Reserve continues to target lowering inflation with higher interest rates
The Federal Reserve (Fed) is currently implementing monetary policies to counter high rates of inflation, but progress has been slow and inflation, although coming down, remains stubbornly high.
Treasury
Under Secretary for Terrorism: 'Treasury’s sanctions against the most senior Wagner Group representative in Mali identify and disrupt a key operative'
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) recently announced sanctions against a Mali-based leader of the Russian Wagner Group.
Treasury
Nelson: Sanctions 'highlight the DPRK’s extensive illicit cyber and IT worker operations'
Four entities and one individual have received sanctions for conducting illegal cybercrimes to help fund the North Korean government.
Treasury
Yellen: 'If Congress fails to increase the debt limit, it would cause severe hardship to American families'
U.S. Secretary of the Treasury Janet L. Yellen said the nation will be unable to pay its bills as soon as June 1 if the debt ceiling isn't raised.
Treasury
Binance: U.S. law enforcement assistance demonstrates 'unwavering commitment to combating crime worldwide'
Binance, the largest cryptocurrency exchange in the world, said its investigations team has helped U.S. law enforcement seize millions of dollars from and freeze the accounts of individuals associated with organized crime in North Korea.
Treasury
Dorsey: 'The unbanked population is immense'
The sole provider of small Bitcoin vouchers for everyday use, Bitcoin platform Azteco has generated $6 million in seed funding.
Treasury
Bowman: Report helps to 'refine our understanding of the economic challenges facing U.S. households'
The Federal Reserve Board released the Economic Well-Being of U.S. Households in 2022 report May 22, shedding light on the financial security of American adults and their families.
Treasury
Ademeyo: 'Small manufacturing businesses play a vital role in our economy'
The Biden-Harris administration outlined the historic support being provided to small manufacturing businesses across the United States through the State Small Business Credit Initiative.
Treasury
Ademeyo: Multiple agencies work 'to understand how government policies and programs have impacted different communities'
A new study from the U.S. Department of the Treasury, U.S. Census Bureau and Internal Revenue Service found the first wave of economic impact payments provided under the 2020 Coronavirus Aid, Relief and Economic Security Act effectively reached underserved communities and Americans most in need.
Treasury
Treasury Department: 'Digital connectivity is central to expanding economic opportunity in communities across the country'
High-speed internet may finally make its way to millions of Americans, thanks to the American Rescue Plan’s Capital Projects Fund (CPF), a part of the Biden administration's Investing in America Agenda that has been approved by the U.S. Department of Treasury to fund broadband infrastructure projects.
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