U.S. Department Of Treasury
Recent News About U.S. Department Of Treasury
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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.
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In an announcement on Oct. 4, 2023, the Biden-Harris administration unveiled an additional $9 billion in student debt relief, marking a significant milestone in their endeavors to address the issues plaguing the U.S. student loan system. These measures, coupled with critical reforms to income-driven repayment (IDR) and Public Service Loan Forgiveness (PSLF) programs, along with automatic relief for borrowers facing total and permanent disabilities, have propelled the total debt cancellation by the Biden-Harris Administration to a staggering $127 billion, benefiting nearly 3.6...
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Recently, the Department of the Treasury's Office of Foreign Assets Control (OFAC) sanctioned several individuals with ties to the Sinaloa drug cartel. A press release from the Department of the Treasury on September 26th provided details of the individuals and the implications of the sanction.
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The U.S. Treasury recently sanctioned 10 individuals, many of whom are affiliated with the Sinaloa Cartel. Under Secretary Brian Nelson said on X , formerly Twitter, that these individuals were responsible for smuggling fentanyl and other drugs into the US.
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The Department of the Treasury Foreign Assets Control (OFAC) announced the targeting of 28 individuals involved in the production and distribution of illegal drug substances. This includes a Chinese network responsible for mass fentanyl production. The press release was made in conjunction with recent indictments by the Department of Justice (DOJ) of China-based illicit drug companies.
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According to a press release, Deputy Secretary Adeyemo announced that the Department of the Treasury is taking new measures against the fentanyl supply chain. Speaking at a press conference, Adeyemo stated, "We will continue to work with our international partners, the private sector, and across the U.S. government to bring all our tools to bear against this deadly ecosystem."
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Nelson, a spokesperson for the U.S. Department of State, has reaffirmed the country's unwavering commitment to the victims and families affected by the actions of Mahmoud Ahmadinejad, the former leader of Iran. Ahmadinejad has recently been blacklisted by the Office of Foreign Assets Control for providing support to the Iranian Ministry of Intelligence and Security, which is also under sanctions by the Department of State.