Acting Attorney General Blanche and FBI Director Patel announced the indictment against Southern Poverty Law Center. The Department of Justice announced that a federal grand jury in Montgomery,…
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Treasury Proposes Rules for Stablecoin Oversight Under New Federal Law
The draft regulation outlines anti-money laundering and sanctions requirements for digital payment issuers. The Financial Crimes Enforcement Network (FinCEN)and the Office of Foreign Assets Control (OFAC) recently introduced…
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FTC Warns Major Financial Companies About Debanking U.S. Consumers
The chairman sent letters to major financial companies citing obligations under consumer protection law. Federal Trade Commission (FTC) Chairman Andrew Ferguson sent letters to the chief executives of…
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Treasury Launches AI Innovation Series for Financial System Oversight
The initiative brings regulators and industry together to examine artificial intelligence in financial services. The Financial Stability Oversight Council (FSOC) and the Treasury Department’s Artificial Intelligence Transformation Office…
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Treasury Secretary Takes More Steps to Address Fraud Against Federal Healthcare Programs
FinCEN also issued an advisory for financial institutions after launching a whistleblower website. Treasury Secretary Scott Bessent announced that financial institutions are being encouraged to alert Financial Crimes…
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OFAC Sanctions Iran’s “Shadow Fleet” of Oil Vessels
The agency says that the Iranian ships carry products that fund proxies and missiles. The Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced sanctions on…
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Federal Jury Indicts NY Attorney General on Mortgage Fraud Charges
The state attorney general claimed a property as her second home, but allowed a relative to live there. A federal grand jury recently indicted New York Attorney General…
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U.S. Treasury Targets Networks Supporting Iran-Backed Militias in Iraq
OFAC sanctions individuals and companies accused of aiding Iran’s Revolutionary Guard and affiliated groups through financial and weapons networks. The U.S. Treasury Department’s Office of Foreign Assets Control…
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Social Security Administration Phases Out Paper Checks
The action aligns with President Trump’s executive order from March that reduces costs. The Social Security Administration phased out paper checks at the end of the 2025 fiscal…
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Appeals Court Blocks Firing of Fed Governor Lisa Cook
Issues an emergency ruling stating the government must follow due process. The D.C. Court of Appeals issued an emergency ruling on Monday that determined President Donald Trump cannot…
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