The move increases financial pressure on Iran’s sanction evasion tactics. The Treasury Department sanctioned 18 additional entities and individuals last week for aiding Iran in the evasion of…
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President Trump Extends Trade Truce with China
The 90-day extension will allow for continued negotiations to avoid exorbitant import duties on both sides. President Donald Trump announced that the U.S. and China are extending the…
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U.S. Sanctions IT Worker Network Funding North Korean Weapons Program
The clandestine network sought to evade existing sanctions against the Democratic People’s Republic of Korea. The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned the Korea…
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President Trump Visits Federal Reserve HQ
The president went to tour the renovated site, which has experienced budget and deadline overruns. President Donald Trump visited the Federal Reserve on Thursday, the first time a…
Read MoreU.S. Sanctions Six Tren de Aragua Leaders
Treasury Secretary Bessent says the president’s administration “will not allow Tren de Aragua to continue to terrorize our communities.” The United States sanctioned the head of Tren de…
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Commerce Secretary Confirms August 1 “Hard Deadline” for EU Tariffs
He says 30 percent tariff increase on European products is unlikely to trigger inflation. Commerce Secretary Howard Lutnick recently confirmed that the August 1 deadline for new tariffs…
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President Trump Hosts Faith-Based Luncheon
Business leaders and CEOs who have invested in the White House Faith Office attended. President Donald Trump hosted a luncheon in the State Dining Room on Monday for…
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Treasury Sanctions 30 Iranian Entities Engaged in “Shadow Banking”
The department stated the individuals and companies work to finance nuclear missile programs The Treasury Department’s Office of Foreign Assets Control (OFAC) recently sanctioned 30 more entities that…
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U.S. Announces Preliminary Trade Deal with China
Negotiators finalize terms but need approval from President Trump and President Xi. Negotiators from the United States and China announced Wednesday that they have finalized a framework for…
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Treasury Secretary Warns California Governor Over Proposed Tax Evasion
Governor Newsom suggested his state would not send billions in taxes to the federal government. U.S. Treasury Secretary Scott Bessent recently warned Governor Gavin Newsom of California over…
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