Reviews foreign trade of goods and services through June 2022. The Department of the Treasury delivered its semiannual macroeconomic report to Congress last week. The report goes over…
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Treasury Secretary Supports IRS Commissioner Nominee
Daniel Werfel served in the IRS under President Obama. Secretary of the Treasury Janet Yellen has voiced her support of President Biden’s nomination of Daniel Werfel to the…
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OFAC Sanctions Two North Korean Individuals
Treasury Department designates the pair for transporting and procuring ballistic missile supplies for DPRK. The Department of the Treasury’s Office of Foreign Assets Control designated two individuals for…
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Treasury Requests Public Input on Climate Tax Policies
$270 billion is being dedicated to various climate tax incentives. The Treasury Department recently issued three requests for public input, asking for comments on how best to implement…
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Treasury Department Sanctions Iranian Foundation
The organization issued a multi-million bounty on Salman Rushdie’s life. The Department of the Treasury has sanctioned a so-called charitable foundation based in Iran. The 15 Khordad Foundation,…
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Treasury Department Thwarts Russian Hackers
Shifts in cyber threat strategy appear to be effective. The Treasury Department confirmed this week that they successfully fended off cyber attacks likely made by a pro-Russia hacker…
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Treasury Secretary Speaks at Ohio Manufacturing Event
She also held a manufacturing roundtable. Treasury Secretary Janet Yellen traveled to Cleveland on Thursday to continue to promote the focus of President Biden’s administration on domestic manufacturing.…
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President Expands Executive Order Regarding Nicaragua
Human rights violations lead to a new round of sanctions. President Joe Biden signed an executive order this week that will impact the Nicaraguan gold industry. The order…
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Average 401(k) Down $34,000 This Year
Americans have experienced more than $2 trillion in losses. New economic research has found that the average person’s 401(k) has lost some $34,000 in value since the beginning…
Read MoreSecretary Yellen Meets with European Finance Ministers
Discussions include projections for European economic outlook. Secretary of the Treasury Janet Yellen met with Eurogroup members last week to discuss the United States’ perspective on current European…
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