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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Janet Yellen, Secretary of the Treasury

Janet Yellen, Secretary of the Treasury

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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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Treasury Department Estimates National Debt Near $34 Trillion

One legislator says federal spending is at a breaking point. The U.S. Census population clock shows the population of America to be nearly 336 million people. The Treasury Department…

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