U.S. Department Of Treasury
Recent News About U.S. Department Of Treasury
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The U.S. Department of the Treasury's Office of Cybersecurity and Critical Infrastructure Protection (OCCIP) has issued a consumer advisory to help individuals avoid cyber fraud during the holiday shopping season.
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The U.S. Department of the Treasury has announced the latest round of awards from the Social Impact Partnerships to Pay for Results Act (SIPPRA) program, with six recipients eligible to receive a total of $46.9 million in payments if they meet...
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U.S. Treasury Secretary Janet L. Yellen held a virtual meeting with Choi Sangmok, the Deputy Prime Minister and Minister of Economy and Finance of the Republic of Korea.
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The EU-U.S. Joint Financial Regulatory Forum convened on December 4-5, 2024, to discuss mutual interests within the financial regulatory dialogue.
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The United States Department of the Treasury has announced a $20 billion disbursement to support Ukraine, as part of the $50 billion G7 Extraordinary Revenue Acceleration (ERA) Loans initiative.
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The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has announced new designations in recognition of International Human Rights Day, observed annually on December 10.
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The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has announced sanctions against 28 individuals and businesses involved in a global gold smuggling and money laundering network based in Zimbabwe.
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U.S. Secretary of the Treasury Janet L. Yellen convened a meeting of the Financial Stability Oversight Council (Council) on December 6, 2024, at the U.S. Department of the Treasury.
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This past year has been notable for the U.S. economy, marked by a decrease in inflation, low unemployment rates, and robust economic growth.
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The Department of the Treasury's Office of Foreign Assets Control (OFAC) has imposed sanctions on five individuals and four entities associated with the TGR Group, an international network accused of facilitating sanctions evasion for Russian elites.
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The U.S. Department of the Treasury, in conjunction with the IRS, has released the final rules for the Section 48 Energy Credit, commonly known as the Investment Tax Credit (ITC).
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The United States has announced new sanctions targeting 35 entities and vessels involved in transporting illicit Iranian petroleum to international markets.
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The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has announced sanctions against three former officials from Uzbekistan on charges of human trafficking and gender-based violence.
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The United States has expressed approval of Israel's decision to extend indemnification for Israeli banks by one year.
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The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has taken action against a significant international fundraising network supporting Hamas. The designations include three individuals, a sham charity, and a financial institution in Gaza controlled by Hamas. Additionally, a longstanding supporter of Hamas and nine associated businesses have been targeted.
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The U.S. Department of the Treasury and the IRS have issued a Notice of Proposed Rulemaking (NPRM) clarifying the tax status of wholly-owned Tribal entities. According to this proposal, these entities, which are chartered or organized by one or more Tribes, will share the same federal tax status as their owning Tribes, making them exempt from federal income tax.
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Deputy Secretary of the Treasury Wally Adeyemo addressed attendees at the Wisconsin Building Trades Conference in Milwaukee, reflecting on the impact of recent legislative measures and the administration's commitment to economic recovery and growth. Adeyemo highlighted the challenges faced during the COVID-19 pandemic, noting that unemployment rates soared to nearly 15 percent nationwide, with even higher figures in Milwaukee.
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The U.S. Department of the Treasury and the Internal Revenue Service (IRS) have announced that over 30 million taxpayers in 24 states will be eligible to use Direct File during the 2025 filing season. This initiative, facilitated by the Biden-Harris Administration’s Inflation Reduction Act, allows eligible Americans to file their taxes online for free directly with the IRS.
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The U.S. Department of the Treasury has awarded $9.4 million to Empire State Development in New York to bolster small business growth in the semiconductor and microelectronics sectors. This funding, part of the Biden-Harris Administration’s State Small Business Credit Initiative (SSBCI) Investing in America Small Business Opportunity Program (SBOP), is complemented by $1.5 million in matching funds from Empire State Development.
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The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has designated one individual and three companies for facilitating weapons procurement and smuggling operations for Ansarallah, also known as the Houthis. The targeted entities are based in Iran and China and have allegedly assisted the Houthis in acquiring materials needed for advanced missiles and unmanned aerial vehicles (UAVs).