Tag: us_treasury
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U.S. Treasury Sanctions Iranian Network for Defrauding American Firms to Aid Tehran's Military
The U.S. Treasury sanctioned an Iranian network for defrauding American firms to supply Iran's military. This action, part of "Economic Fury," targets individuals and front companies involved in procuring restricted goods for MODAFL.
Politics and GovernmentBusinessConflictLaw EnforcementFederal GovernmentEconomyMiddle EastLegalTradeMilitary U.S. TreasuryIran SanctionsEconomic FuryMODAFLAli Majd SepehrProcurement NetworkFraudUS Treasury
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Treasury Secretary Bessent Declares "America Has Awakened" to Economic Security Risks at Reagan Forum
Treasury Secretary Scott Bessent addressed the 2026 Reagan National Economic Forum, asserting that America has "awakened" to critical economic vulnerabilities. He outlined President Trump's "America First Trade Policy" to link economic and national security, rebuild industrial capacity, and secure supply…
Politics and GovernmentBusinessUSAGeneral PoliticsFederal GovernmentEconomyTradeMilitary Scott BessentUS TreasuryReagan National Economic ForumEconomic SecurityNational SecurityAmerica First Trade PolicySupply Chain Resilience
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US Treasury and State Bank of Viet Nam Affirm Exchange Rate Transparency
The U.S. Treasury and State Bank of Viet Nam have committed to transparent exchange rate policies and continued dialogue, agreeing to avoid manipulation and disclose key financial data starting in 2027.
Politics and GovernmentBusinessWorldEconomyFinancial MarketsFederal GovernmentTradeAsia U.S. Department of the TreasuryState Bank of Viet NamExchange RatesFinancial PolicyTransparencyInternational Monetary FundViet Nam – U.S. Macroeconomic Financial Policy DialogueUS Treasury
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Treasury, IRS Offer Relief to Sovereign Investors on Tax Regulations
The Treasury and IRS issued guidance for Section 892 regulations, offering grandfathering and transitional relief to foreign governments and sovereign wealth funds. This aims to provide certainty for U.S. investments and support economic growth.
Politics and GovernmentBusinessFederal GovernmentEconomyFinancial MarketsLegal U.S. Department of the TreasuryInternal Revenue ServiceSection 892Sovereign InvestorsTaxationInvestingGovernmentUS Treasury
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US Treasury Imposes New Sanctions on Iranian Military Oil Network
The US Treasury has sanctioned five Hong Kong-based companies for facilitating Iran's military oil sales, aiming to cut off funding for its armed forces and reduce threats to regional stability.
Politics and GovernmentBusinessConflictFederal GovernmentEconomyMiddle EastAsiaMilitary IranUS TreasuryEconomic SanctionsOil TradeOFACHong Kong
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Treasury Secretary Bessent to Outline Economic Security Doctrine, Host Trump Accounts Tour in California
Treasury Secretary Scott Bessent will deliver an economic security address at the Reagan National Economic Forum and host a Trump Accounts Tour event in California. He will discuss the America First agenda, financial literacy, and the impact of Working Families…
Politics and GovernmentBusinessGeneral PoliticsFederal GovernmentEconomyEducation Scott BessentU.S. TreasuryEconomic SecurityReagan National Economic ForumTrump Accounts TourCaliforniaAmerica FirstUS Treasury
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U.S. Treasury Modernizes Sanctions, Removes 76 Outdated Targets
The U.S. Treasury's OFAC removed 76 outdated targets from its sanctions list, including deceased individuals and defunct networks. This modernization aims to make sanctions more targeted and effective, focusing on high-risk threats.
Politics and GovernmentBusinessFederal GovernmentEconomyLegalGeneral PoliticsEurope U.S. TreasuryOFACSanctionsSpecially Designated Nationals ListScott BessentNational SecurityFinancial RegulationUS Treasury
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Treasury Launches Trump Accounts App, Prepares for July 4 Program Rollout
The U.S. Treasury has launched the Trump Accounts app, a new interface for a policy aimed at building financial strength for American families. Account activation begins now for those already signed up, with full program launch and initial contributions set…
Politics and GovernmentBusinessFederal GovernmentEconomyFinancial MarketsEducationSocial Issues Trump AccountsU.S. Department of the TreasuryScott BessentFinancial SecurityMobile AppJuly 4, 2026WashingtonUS Treasury
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U.S. Treasury Sanctions Iran's Persian Gulf Strait Authority Over Maritime Extortion
The U.S. Treasury sanctioned Iran's Persian Gulf Strait Authority, calling it an IRGC extortion scheme in the Strait of Hormuz. This move intensifies the "Economic Fury" campaign, aiming to cut off revenue for Iran's terror activities and warn against cooperation.
Politics and GovernmentBusinessLaw EnforcementWorldFederal GovernmentEconomyTradeMiddle EastLegalMilitary IranSanctionsStrait of HormuzU.S. TreasuryIRGCMaritime SecurityEconomic FuryUS Treasury
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U.S. Treasury Details Extensive Public Contact Options for Services
The U.S. Department of the Treasury has outlined numerous contact points for public and business inquiries, covering tax assistance, fraud reporting, U.S. Mint services, and more, ensuring broad accessibility to its diverse operations.
Politics and GovernmentBusinessLaw EnforcementFederal GovernmentEconomyBankingLegalEmployment and Labor U.S. Department of the TreasuryIRSU.S. MintContact InformationPublic ServicesFinancial AssistanceGovernment AgenciesUS Treasury
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Treasury Secretary Bessent Urges Brunswick Graduates to Embrace "Strenuous Life" and Public Service
Treasury Secretary Scott Bessent challenged Brunswick School graduates to pursue a life of consequence, drawing on historical examples and his own decision to join public service under President Trump, urging them to embrace challenges over comfort.
Politics and GovernmentBusinessWorldFederal GovernmentGeneral PoliticsEducationEconomyAsiaEurope Scott BessentBrunswick SchoolCommencementPublic ServiceStrenuous LifeUS TreasuryDonald Trump
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Treasury Sanctions Sinaloa Cartel Fentanyl and Money Laundering Networks
The U.S. Treasury has sanctioned over a dozen individuals and entities linked to the Sinaloa Cartel, targeting fentanyl trafficking and sophisticated cryptocurrency money laundering operations. This action aims to disrupt the cartel's ability to flood the U.S. with illicit drugs.
Politics and GovernmentLaw EnforcementBusinessFederal GovernmentEconomyLegalSocial IssuesLatin America Sinaloa CartelFentanylMoney LaunderingOFACSanctionsCryptocurrencyMexicoUS Treasury
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Treasury Sanctions Flotilla Organizers and Muslim Brotherhood Networks Supporting Hamas
The U.S. Treasury has sanctioned four individuals linked to a pro-Hamas flotilla attempting to reach Gaza, alongside key actors in Hamas-aligned Muslim Brotherhood networks. These actions aim to disrupt financial support for Hamas and its terrorist activities.
Politics and GovernmentConflictWorldLaw EnforcementFederal GovernmentMiddle EastEuropeLegalEconomy U.S. Department of the TreasuryOFACHamasSanctionsGazaMuslim BrotherhoodTerrorismUS Treasury
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US Treasury Secretary Bessent Urges Global Action Against Terror Financing at Conference
Secretary Scott Bessent outlined the Trump Administration's "Economic Fury" campaign against terrorist financing at the No Money for Terror conference. He detailed sanctions on Iran and urged global partners to join efforts to dismantle illicit financial networks.
Politics and GovernmentBusinessConflictWorldFederal GovernmentEconomyFinancial MarketsMiddle EastEuropeLatin America US TreasuryScott BessentNo Money for Terror ConferenceTerrorist FinancingIranSanctionsTrump Administration
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U.S. Treasury Reports $150.7 Billion Net Capital Inflow for March
The U.S. Treasury announced March 2026 international capital data, revealing a $150.7 billion net inflow, primarily from private foreign investors, with significant activity in long-term securities and banking flows.
BusinessPolitics and GovernmentEconomyFinancial MarketsFederal GovernmentBankingTrade Treasury International CapitalForeign InvestmentU.S. SecuritiesFinancial DataU.S. Department of the TreasuryEconomic IndicatorsMarch 2026US Treasury
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U.S. Sanctions Target Iran's IRGC Oil Operations to China
The U.S. Treasury sanctioned 12 individuals and entities for enabling Iran's IRGC oil sales to China, aiming to cut funding for weapons and proxies. This "Economic Fury" targets the regime's revenue, with potential penalties for facilitators.
Politics and GovernmentBusinessWorldFederal GovernmentEconomyTradeMiddle EastAsia IranSanctionsOil TradeIRGCOFACChinaTerrorism FinancingUS Treasury
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OFAC Updates Specially Designated Nationals and Blocked Persons List
OFAC has updated its Specially Designated Nationals and Blocked Persons list. The U.S. Department of the Treasury advises the public to check its website for the latest version and details on today's changes, recommending periodic visits for future updates.
Politics and GovernmentBusinessLaw EnforcementFederal GovernmentLegalEconomy OFACSpecially Designated NationalsSDNBlocked PersonsU.S. Department of the TreasurySanctionsGovernmentUS Treasury
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Treasury Secretary Scott Bessent Meets with Insurance Commissioners on Private Credit
Treasury Secretary Scott Bessent convened with state insurance commissioners and the NAIC to discuss the U.S. life insurance sector, focusing on private credit markets, offshore reserves, and the need for balanced regulation that manages risk while encouraging innovation.
Business and FinanceInsuranceScott BessentU.S. Department of the TreasuryNAICPrivate CreditRegulatory PolicyUS Treasury
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U.S. Treasury Sanctions Iraqi Oil Official and Militia Leaders Over Iran Terror Funding
The U.S. Treasury has sanctioned Iraq's Deputy Minister of Oil and three militia leaders for diverting oil revenues to Iran. The move is part of a broader campaign to disrupt funding for Iran-backed terrorist activities against U.S. interests.
Politics and GovernmentConflictBusinessIraqIranFederal GovernmentMiddle EastEconomyMilitaryLegalEnergy U.S. Department of the TreasuryAli Maarij Al-BahadlyScott BessentTerrorismOil and GasUS Treasury
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U.S. Treasury to Offer $125 Billion in Securities for Quarterly Refunding
The U.S. Treasury will auction $125 billion in notes and bonds to refund maturing securities and raise $41.7 billion in new cash, while maintaining current nominal coupon auction sizes.
Politics and GovernmentBusinessFederal GovernmentEconomyBankingFinancial Markets Business and FinanceU.S. Department of the TreasuryGovernment BondsBrian SmithDebt ManagementSecurities AuctionUS Treasury
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U.S. Treasury Announces Marketable Borrowing Estimates for Second and Third Quarters of 2026
The U.S. Department of the Treasury projects $189 billion in net marketable borrowing for the April-June 2026 quarter and $671 billion for the July-September quarter, adjusting previous estimates due to shifting cash flows.
Politics and GovernmentBusinessFederal GovernmentEconomyFinancial Markets U.S. Department of the TreasuryMarketable BorrowingNational DebtBusiness and FinanceGovernment FinanceSOMAUS Treasury
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US and Croatia Sign Protocol to Income Tax Treaty
US and Croatia amend income tax treaty with a new protocol, aiming for greater certainty in investments and alignment with current U.S. tax laws. The agreement moves to the U.S. Senate for ratification.
Politics and GovernmentBusinessWorld Tax TreatyCroatiaProtocolDubrovnikThree Seas InitiativeTax PolicyUS Treasury
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EU-U.S. Joint Financial Regulatory Forum Concludes in Washington
The EU-U.S. Joint Financial Regulatory Forum, co-chaired by the U.S. Treasury and the European Commission, convened in Washington, D.C., focusing on digital finance, banking regulation, and capital markets.
Politics and GovernmentBusinessWorldFederal GovernmentFinancial MarketsBankingTradeEconomyEurope EU-U.S. Joint Financial Regulatory ForumFinancial RegulationDigital FinanceBanking RegulationCapital MarketsFATCAG20US Treasury
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Treasury Sanctions Maduro Regime Insiders and Sanctions Evaders in Venezuela's Oil Sector
The U.S. Department of the Treasury targets Nicolas Maduro's regime in Venezuela, sanctioning individuals and entities involved in drug trafficking, corruption, and oil sector evasion, reversing a previous deal.
Politics and GovernmentBusinessWorldWhite HouseFederal GovernmentTradeFinancial MarketsLaw EnforcementSocial IssuesLegalAsiaPanama U.S. Department of the TreasuryVenezuelaNicolas MaduroSanctionsOil SectorDrug TraffickingOFACUS Treasury
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Treasury Secretary Bessent Meets with Israeli Minister Smotrich
Secretary of the Treasury Scott Bessent met with Israeli Minister Bezalel Smotrich to reinforce the strong relationship between the United States and Israel. Bessent lauded Smotrich’s leadership and encouraged embracing President Trump’s peace deal.
Politics and GovernmentWorldMiddle EastFederal GovernmentWhite House Scott BessentBezalel SmotrichIsraelAbraham Accordspeace dealDiplomacyUS Treasury
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U.S. and Greece Discuss Trade and Security
Treasury Secretary Scott Bessent met with Greek Finance Minister Kyriakos Pierrakakis to discuss strengthening bilateral trade and investment ties, as well as cooperation on critical national security matters.
Politics and GovernmentBusinessWorldTradeFinancial MarketsNational SecurityEurope Scott BessentKyriakos PierrakakisGreeceInvestmentUS Treasury
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US Treasury Secretary Meets with German Vice Chancellor
Treasury Secretary Scott Bessent met with German Vice Chancellor Lars Klingbeil to discuss trade, international tax issues and security cooperation regarding Ukraine.
Politics and GovernmentBusinessWorldGermanyEuropeTradeFederal GovernmentWhite House Scott BessentLars KlingbeilUkraineInternational TaxUS Treasury
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U.S. Treasury Targets Cocaine Trafficking Network in Guyana
The U.S. Treasury Department has announced sanctions against a network trafficking cocaine from Guyana to the U.S. and Europe, aiming to disrupt illicit drug flows.
Politics and GovernmentBusinessWorldLaw EnforcementMiddle EastAsiaEuropeEconomyTradeMilitaryFinancial Markets Treasury DepartmentGuyanacocainedrug traffickingsanctionsUS Treasury
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U.S. and Japan Discuss Trade and Economic Cooperation
U.S. Treasury and Commerce Secretaries meet with Japan's Economic Revitalization Minister to discuss fair trade, investment, economic security, and strengthen bilateral ties.
Politics and GovernmentBusinessWorldTradeFederal GovernmentAsiaEconomy Scott BessentHoward LutnickRyosei AkazawaJapanEconomic CooperationUS Treasury
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Jonathan McKernan Nominated for Undersecretary of Domestic Finance
Jonathan McKernan nominated as Undersecretary of Domestic Finance. McKernan, previously awaiting confirmation to lead the Bureau of Consumer Financial Protection, will advance the President's America First agenda.
Politics and GovernmentBusinessEconomy Jonathan McKernanScott BessentTreasury DepartmentUndersecretary of Domestic FinancePresident TrumpFederal Deposit Insurance CorporationFederal Housing Finance AgencyUS Treasury