Treasury News
Treasury
The U.S. Department of the Treasury, in collaboration with the Internal Revenue Service (IRS), has released new guidance on the Clean Fuels Production Credit under section 45Z.
Treasury
Treasury releases final rules expanding clean energy investments in low-income communities
The U.S. Department of the Treasury and the IRS have released final rules and guidance for the Section 48E(h) Clean Electricity Low-Income Communities Bonus Credit Amount Program.
Treasury
Treasury issues final rules on clean electricity tax credits
The U.S. Department of the Treasury and the IRS have released final rules for Clean Electricity Investment and Production Tax Credits, known as technology-neutral credits, under tax code sections 45Y and 48E.
Treasury
US Treasury sanctions leaders and firms linked to Sudan conflict
The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has imposed sanctions on Mohammad Hamdan Daglo Mousa, known as Hemedti, and seven companies linked to Sudan's Rapid Support Forces (RSF).
Treasury
U.S. Treasury sanctions Hungarian official Antal Rogan for alleged corruption
The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has announced sanctions against Antal Rogan, a senior Hungarian government official, citing his involvement in corruption.
Treasury
Yellen discusses economic issues with China's Vice Premier He Lifeng
Secretary of the Treasury Janet L. Yellen engaged in a virtual meeting with Vice Premier He Lifeng of the People’s Republic of China, focusing on managing the bilateral economic relationship between the two nations.
Treasury
U.S. Treasury issues expanded sanctions relief for Syrian humanitarian efforts
Today, the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) announced Syria General License (GL) 24, which expands authorizations for activities and transactions in Syria as of December 8, 2024.
Treasury
U.S sanctions Beijing-based firm over links with Chinese state-sponsored cyber group
The Department of the Treasury's Office of Foreign Assets Control (OFAC) has sanctioned Integrity Technology Group, Incorporated (Integrity Tech), a cybersecurity company based in Beijing.
Treasury
Treasury releases final rules for clean hydrogen production tax credit
The U.S. Department of the Treasury and the Internal Revenue Service have released final rules for the section 45V Clean Hydrogen Production Tax Credit, a provision established by the Inflation Reduction Act.
Treasury
Treasury amends stock purchase agreements with Fannie Mae and Freddie Mac
The U.S. Department of the Treasury and the Federal Housing Finance Agency (FHFA) have announced amendments to the Preferred Stock Purchase Agreements (PSPAs) with Fannie Mae and Freddie Mac.
Treasury
US sanctions Iranian and Russian entities over alleged interference in 2024 election
The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has announced sanctions against entities in Iran and Russia for their alleged attempts to interfere in the 2024 U.S. election.
Treasury
U.S. sanctions Russian judge over detention of Moscow councilor Alexei Gorinov
The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has imposed sanctions on Russian judge Olesya Mendeleeva for her involvement in the arbitrary detention of Alexei Gorinov, a Moscow city councilor and human rights...
Treasury
U.S. Treasury Secretary announces $3.4B aid to Ukraine amid ongoing conflict
Secretary of the Treasury Janet L. Yellen announced the disbursement of $3.4 billion in direct budget support for Ukraine, marking a significant step as Russia continues its attacks on Ukrainian civilians and infrastructure.
Treasury
Treasury Secretary Yellen addresses Congress on impending debt limit issues
Today, Secretary of the Treasury Janet L. Yellen sent a letter to Congressional leadership about the debt limit.
Treasury
Treasury releases final rules on tax reporting for DeFi brokers
The U.S. Department of the Treasury and the Internal Revenue Service have released final regulations concerning tax reporting requirements for brokers involved in digital asset transactions.
Treasury
U.S imposes new sanctions targeting Iranian oil trade
The United States Department of the Treasury has announced sanctions on four entities and three vessels involved in the trade of Iranian petroleum and petrochemicals.
Treasury
US sanctions Georgian officials over protest crackdowns
The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has imposed sanctions on two officials from Georgia's Ministry of Internal Affairs.
Treasury
Treasury releases report on artificial intelligence in financial services
The U.S. Department of the Treasury has released a report on the uses, opportunities, and risks associated with artificial intelligence (AI) in financial services.
Treasury
Treasury reports October TIC inflow; next update due January
The U.S. Department of the Treasury has published the Treasury International Capital (TIC) data for October 2024, indicating a net TIC inflow of $203.6 billion.
Treasury
Treasury imposes new sanctions targeting Houthi procurement networks
The Department of the Treasury's Office of Foreign Assets Control (OFAC) has announced sanctions against twelve individuals and entities across various jurisdictions.
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