U.S. Department Of Treasury
Recent News About U.S. Department Of Treasury
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The Independent Community Bankers of America (ICBA) has expressed its support for a proposed rule that would mandate banks with assets worth $100 billion or more to maintain minimum levels of externally issued long-term debt. This rule has been proposed by the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency.
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The U.S. Department of the Treasury has announced a tightening of the price cap on Russian oil, in addition to introducing new sanctions on Russia and its partners.
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The U.S. Department of the Treasury has released an analysis detailing the effects of United States and international sanctions on Russia, particularly their impact on the ongoing conflict between Russia and Ukraine. The report indicates that these sanctions and export controls have significantly damaged Russia's economy and curtailed its ability to finance the war.
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The U.S. Department of the Treasury recently published an article updating consumers on the purchasing power of American households. Purchasing power refers to the quantity of goods or services that a single unit of money can buy.
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Treasury approves using federal funds to improve education and health monitoring in Washington, D.C.The U.S. Department of the Treasury has sanctioned $22.5 million in federal funds for the development of a multi-purpose community facility in Washington D.C. This establishment will be instrumental in providing health care, education, and workforce services to the local population.
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The U.S. Department of the Treasury has released a report detailing how pandemic response funds have stabilized housing markets in Indian Country, resulting in an increased percentage of native families retaining their homes. The report highlights the effectiveness of three pandemic recovery programs that have helped homeowners in Tribal communities avoid foreclosure and eviction, thereby strengthening both local and national economies.
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Drew Horn, the CEO of GreenMet, an organization that addresses vulnerabilities in critical mineral supply chains, told Federal Newswire that the Treasury Department's guidance for electric vehicles (EV) could enable foreign entities of concern (FEOC) to benefit from American taxpayer funds. Horn urged the Department of Energy to work with partners to enhance critical mineral traceability in order to prevent adversarial nations such as China from exploiting American consumers and taxpayers.
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Secretary of the Treasury, Janet L. Yellen, recently announced that the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has imposed sanctions on members associated with the Beltrán Leyva Organization for Fentanyl Trafficking.
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The U.S. Treasury is set to establish a new task force aimed at combating the illegal trafficking of fentanyl across North America. This proactive measure targets an ongoing issue affecting communities in the United States, Mexico, and Canada.
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U.S. Department of the Treasury Secretary Janet Yellen gave remarks on the New Treasury Department Analysis of the Bipartisan Infrastructure Law.
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The Inflation Reduction Act is the largest investment in reducing carbon pollution in United States history, but it also serves as a key investment into economic growth.
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With the IRS achieving its key paperless processing initiative goal, taxpayers can now digitally submit all responses three months ahead of schedule.
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The U.S. government recently announced that it is imposing sanctions on 13 alleged members of the Sinaloa Cartel and four businesses operating along the Sonora-Arizona border. Brian E. Nelson of the Office of Terrorism and Financial Intelligence hopes that freezing their assets will help in the war against illicit fentanyl suppliers.
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The U.S. Department of the Treasury is stepping up its sanctions with 130 new Russian evasion and military-industrial targets in an effort to disrupt producers, exporters, and importers that are aiding Russia's technology and equipment acquisition from other nations.
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The U.S. Department of the Treasury has released a report revealing that the recovery from the economic harm caused by the COVID-19 pandemic was the most equitable in recent history
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The U.S. Department of the Treasury has released a report card detailing the implementation of federal investments in entrepreneurs and small businesses, including those in President Biden's American Rescue Plan.
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U.S. Secretary of the Treasury Janet L. Yellen and Office of Management and Budget Director Shalanda D. Young released the final budget results for fiscal year 2023.
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The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has designated two individuals and four entities as part of Specially Designated National (SDN) and Republika Srpska (RS) President Milorad Dodik's patronage network.
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The blockchain analytics firm Chainalysis has refuted claims made by the Wall Street Journal (WSJ) that Hamas raised tens of millions of dollars in cryptocurrency. According to Chainalysis, the terrorist organization actually raised less than half a million dollars through crypto funding. This contradicts the WSJ's assertion that Hamas and other terror groups were evading US sanctions and funding their operations through crypto.
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Binance, the largest cryptocurrency exchange in the world, has been assisting Israeli law enforcement in freezing accounts and seizing funds associated with terrorist organizations, specifically the militant group Hamas and its Lebanese ally Hezbollah. In a partnership with Israel's Ministry of Defense, Binance helped seize $1.7 million worth of digital assets from accounts linked to Hezbollah and Iran's Islamic Revolutionary Guard Corps' Quds Force.