Part of the U.S. response to the Yemen-based rebel group targeting commercial vessels. The Department of the Treasury sanctioned four key officials of the Houthi group based in…
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Treasury Approves Funding for New York High-Speed Internet
$228 million in competitive grants made available to the state Municipal Infrastructure Program. The Department of the Treasury approved $228 million for high-speed internet construction in New York,…
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Treasury Sanctions Russian Responsible for 2022 Medibank Hack
The U.S. coordinates sanctions against Alexander Ermakov with Australia and UK. The Department of the Treasury sanctioned Russian national Alexander Ermakov on Tuesday in coordination with similar sanctions…
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Treasury Sanctions Two Companies Shipping Commodities for Iran
The entities have funded Islamic extremists in the Middle East. The Department of the Treasury sanctioned two companies this month for secretly exporting Iranian commodities on behalf of…
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Labor Department Announces Unpaid Wages for Over 200k Workers
Wage and Hour Division prioritizes back pay from employers who violated wage laws. The U.S. Department of Labor stated that more than 208,000 workers in the country are…
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Treasury Department Announces Self-Filed Company Ownership Reports
Companies operating in the U.S. must provide information on who owns them within a year. The Treasury Department began accepting self-filed ownership information reports from businesses after the…
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Treasury Department Reports U.S. Debt Surpasses $34 Trillion
Highest-ever debt milestone for the United States. The Treasury Department reported that the federal government reached the highest recorded levels of public debt, closing 2023 with $34.001 trillion…
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Treasury Department Sanctions Houthi Funding Network
Houthi rebels have escalated attacks in the Red Sea. The Department of the Treasury’s Office of Foreign Assets Control implemented sanctions against an alleged funding network that sends Iranian…
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White House Economic Advisor Says Sale of U.S. Steel Deserves Scrutiny
Bipartisan legislators voiced opposition and concerns over the sale to a Japanese company. Senators John Fetterman of Pennsylvania and J.D. Vance of Ohio called on the Committee on…
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Treasury Announces $162 Million for International Agricultural Fund
The fund supports farmers and aids rural women and youth. The Department of the Treasury pledged $162 million to support the U.N.’s International Fund for Agricultural Development (IFAD).…
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