The moves are based on the belief that Iran is financially supporting Hamas. The Treasury’s Office of Foreign Assets Control announced a third round of sanctions against Hamas-affiliated officials…
Read MoreFinancial Management System
Treasury Department Announces New Sanctions on Hamas
The goal is to cut off their access to funds. The Department of the Treasury announced a series of new sanctions against the terror group Hamas on Wednesday…
Read More
SEC Chair Warns of AI Threat to Financial Systems
Investment advisors should not overly rely upon artificial intelligence for financial data interpretations. Securities and Exchange Commission (SEC) Chairman Gary Gensler recently warned of the current risks artificial…
Read More
President Biden Seeks Tougher Penalties on Execs of Failed Banks
He wants Congress to levy legal and monetary penalties. President Biden has urged federal legislators to pass legislation for regulators that would hold the executives of failed banks…
Read More
Treasury Department Developing Digital Dollar Technology
Legislators are looking at official cryptocurrency. The Treasury Department’s Under Secretary for Domestic Finance, Nellie Liang, said the administration is developing technology that would help create a central bank…
Read More
U.S. and Turkey Join Forces to Curtail Financing of ISIS
Turkey imposes a financial freeze while the U.S. implements sanctions. The governments of the United States and Turkey took simultaneous joint actions to disrupt an ISIS financial facilitation…
Read More
Coast Guard Implements New Financial Management System
Homeland Security better able to manage resources with state-of-the-art integrated system. The Department of Homeland Security (DHS) Management Directorate announced this month that the U.S. Coast Guard (USCG)…
Read More