The Treasury Department reported that “the ultimate goal of sanctions is not to punish, but to bring about a positive change in behavior.” The Department of the Treasury’s…
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President Directs a Halt to Trade with Spain
He gave the direction during the second day of the NATO summit. President Donald Trump directed Treasury Secretary Scott Bessent to halt trade with Spain during the second…
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Treasury Department Issues 60-Day Oil Sanctions Waiver for Iran
Secretary Bessent cited the “productive talks” in Switzerland and Iran’s commitments to uranium inspections and opening the Strait of Hormuz. Treasury Secretary Scott Bessent announced the Office of…
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HHS Officials Announce Changes to Medical Billing Dispute Process
The updated rule seeks to streamline the No Surprises Act arbitration system and reduce administrative costs. Federal agencies finalized a rule updating the Independent Dispute Resolution (IDR) process…
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First Lady and Treasury Secretary Announce Fostering the Future Accounts
Eligible newborns in foster care can participate in “Trump Accounts.” First Lady Melania Trump announced the launch of Fostering the Future Accounts this week alongside Treasury Secretary Scott…
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White House Directs Banking Industry to Review Financial Risks Linked to Immigration Status
President Trump instructs agencies to assess fraud, lending, and compliance risks involving customer identification, and financial activity. President Donald Trump issued an executive order last week directing the…
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Treasury Secretary Extends Waiver on Russian Sanctions
The waiver allowing the sale of Russian oil has been extended for another 30 days, and is expected to generate about $150 million per day. U.S. Treasury Secretary…
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Administration Expands Sanctions Against Supporters of Iran
Secretary Rubio discusses targeted individuals and entities, including those in Iraq, the UAE, and China. Secretary of State Marco Rubio announced that the U.S. is expanding sanctions against…
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Treasury Hosts Academic Summit on AI, Energy, and Emerging Technologies
Secretary Bessent said that “student engagement is critical” to shaping the future of technology. The Department of the Treasury hosted Liberty University students and faculty for a Summit…
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Treasury Proposes Rules for CDFI Fund Eligibility and Compliance
Proposed changes address benefit eligibility standards and anti-discrimination requirements for certified institutions The U.S. Department of the Treasury announced plans to issue proposed rules concerning how certain Community…
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