The department explained, “Operation Economic Outcast is severing the remaining economic lifelines that sustain the Iranian regime.” The Department of the Treasury announced that, as part of Operation Economic…
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DOJ Launches National Fraud Detection Center
An assistant attorney general stated, “If you defraud federal programs, we have the tools and the law enforcement partners to find you.” The Department of Justice announced the formation of…
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Treasury and IRS Propose Rules to Safeguard Refundable Tax Credits
The agencies seek to strengthen enforcement of the legal prohibitions against ineligible aliens receiving benefits. The Department of the Treasury and the Internal Revenue Service (IRS) issued proposed…
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U.S. Launches “Operation Economic Outcast“ Against Islamic Republic
The treasury secretary called it Iran’s “economic D-Day,” referencing the historic World War II campaign. The Departments of State, Treasury, Justice, and Defense are collaborating on “Operation Economic…
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U.S. Mint Releases Semiquincentennial Dollar Coin Designs
The mint director said the coin designs “commemorate America’s Semiquincentennial through its depiction of America’s past, present and future.” The U.S. Mint announced the designs of the nation’s…
Read MoreU.S. Pledges Economic Isolation of Islamic Republic
The president indicated a shift away from military force while increasing economic pressures. President Donald Trump’s administration is increasing the economic pressure on Iran. Treasury Secretary Bessent spoke…
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President Trump Says Naval Blockade Remains as Iran Talks Cease
The Islamic Republic has threatened an attack on the U.S. naval blockade. President Donald Trump responded to Tehran’s claim of shifting from a defensive posture to a “fully…
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Treasury Continues to Remove Sanctions Under Modernization Initiative
OFAC also announced the launch of a Reconsideration Portal for persons or property on the sanctions list. The Department of the Treasury’s Office of Foreign Assets Control (OFAC)…
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Scott Bessent, Secretary of the Treasury
Scott Bessent, Secretary of the Treasury
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U.S. Launches Strikes Against Iran After Attacks on Ships in Strait of Hormuz
The license for Iran to sell its oil has also been revoked. The U.S. military launched strikes against Iran after projectiles hit three commercial vessels in the Strait…
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