U.S. Department Of Treasury
Recent News About U.S. Department Of Treasury
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Treasury releases list for clean electricity tax credit eligibility
Today, the U.S. Department of the Treasury announced the release of its first Annual Table listing greenhouse gas emissions rates for facilities eligible for Clean Electricity Production and Investment Tax Credits.
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Treasury recovers $31M in improper payments using SSA death data
The U.S. Department of the Treasury has announced the prevention and recovery of over $31 million in fraudulent and improper payments through a five-month pilot program using the Social Security Administration’s (SSA) Full Death Master File.
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Treasury report highlights U.S. economic recovery under Biden administration
The U.S. Department of the Treasury's Office of Economic Policy has released an analysis that underscores the significant recovery of the United States economy from the pandemic recession.
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Treasury proposes rules for commercial clean vehicle tax credits
The U.S. Department of the Treasury and the Internal Revenue Service have announced a Notice of Proposed Rulemaking (NPRM) regarding the Qualified Commercial Clean Vehicle Credit, part of the Biden-Harris Administration's Inflation Reduction Act.
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US sanctions Venezuelan officials backing Maduro amid ongoing repression claims
The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has imposed sanctions on eight Venezuelan officials.
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Treasury releases policy brief on trends in small business financing
The U.S. Department of the Treasury has issued a policy brief titled "Financing Small Business: Landscape and Recommendations."
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IRS announces $6 billion tax credit allocations for advanced energy projects
The Internal Revenue Service (IRS) has announced the allocation of $6 billion in tax credits for the second round of the Inflation Reduction Act’s § 48C Qualifying Advanced Energy Project Tax Credit.
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Treasury releases clean fuels production credit guidance effective in 2025
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.
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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.
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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.
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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).
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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...
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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.