President Trump says he’s in “deciding mode” on next steps regarding the Islamic Republic. U.S. Treasury Secretary Scott Bessent announced additional sanctions against Iran’s commercial airlines and those…
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U.S. Imposes Sanctions on Russia’s VTB
The financial institution was assisting Iran in evading sanctions. The Departments of State and Treasury announced that the Office of Foreign Assets Control (OFAC) placed sanctions on Russia’s VTB Bank…
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FinCEN Identifies $17 Billion in Healthcare Fraud
Secretary Bessent said, “Treasury will continue working alongside our law enforcement partners to disrupt fraud wherever it occurs, protect Americans, and safeguard the integrity of taxpayer-funded programs.” The…
Read MoreTreasury Grounds Iranian Airlines with Sanctions
Secretary Bessent said anyone doing business with Iranian airlines risks being cut off from the global financial system. The U.S. Department of the Treasury’s Office of Foreign Assets…
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U.S. Mint Releases Semiquincentennial “Never Forget“ Half Dollar
The special “Enduring Liberty” coin commemorates September 11, 2001. The U.S. Mint opened orders for the semiquincentennial half dollar to the public the day before Patriot Day. The…
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Treasury Sanctions Turkish Financial Institution Over Support for Iranian Regime
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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Treasury Secretary Discusses Outcome of G20 Finance Meeting
He addressed the lone dissent of China from the consensus on the economic imbalance caused by cheap exports. Treasury Secretary Scott Bessent attended the G20 Finance meeting in…
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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…
Read MoreU.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…
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