U.S. banks are prohibited from maintaining accounts for Cuban entrepreneurs. The Department of the Treasury’s Office of Foreign Assets Control (OFAC) published new Cuba Sanctions Regulations this week,…
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Treasury Secretary Provides Update on Operation Economic Outcast
He projected that the Iranian regime will make its final oil delivery to China within two weeks. Treasury Secretary Scott Bessent stated that his department’s Operation Economic Outcast…
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White House Issues List of Products Recommended for Reduced Tariffs with China
The proposed reductions follow the state visit of President Xi to the White House. The White House published lists of products on which the United States and China…
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First Lady Rings NYSE Opening Bell to Launch IMPERIA for Women
Mrs. Trump’s new initiative is focused on supporting female CEOs and C-suite executives. First Lady Melania Trump rang the ceremonial bell at the New York Stock Exchange (NYSE)…
Read MoreU.S. Extends Sanctions on Iranian Airlines to Supporters
President Trump says he’s in “deciding mode” on next steps regarding the Islamic Republic. U.S. Treasury Secretary Scott Bessent announced additional sanctions against Iran’s commercial airlines and those…
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President Trump Plans Formation of “AI Force“
He also intends to appoint an AI czar to oversee artificial intelligence policy. President Donald Trump announced that he will form an artificial intelligence (AI) force and appoint…
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FTC Extends Public Comment on Personalized Pricing Policy Proposal
The agency stated it “intends to enforce the law aggressively against any deceptive or unfair personalized pricing practices that violate Section 5 of the FTC Act or any other law enforced…
Read MoreTreasury Grounds Iranian Airlines with Sanctions
Secretary Bessent said anyone doing business with Iranian airlines risks being cut off from the global financial system. The U.S. Department of the Treasury’s Office of Foreign Assets…
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President Issues Proclamation for Labor Day
He said, “Our Nation is entering a bold new era of American manufacturing, technological innovation, and economic prosperity — powered by the might of the American worker.“ President Donald J.…
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Treasury Secretary Discusses Outcome of G20 Finance Meeting
He addressed the lone dissent of China from the consensus on the economic imbalance caused by cheap exports. Treasury Secretary Scott Bessent attended the G20 Finance meeting in…
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