The Treasury Department reports that U.S. citizens have lost more than $16.6 billion in online investment scams in recent years. The U.S. Department of the Treasury’s Office of…
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Treasury Department Sanctions 50 More Iranian Entities
The fourth round of new sanctions seeks to pressure the oil and gas network. The Treasury Department’s Office of Foreign Assets Control (OFAC) recently announced sanctions on 50…
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President Trump to Meet with President XI During APEC Summit
Treasury secretary addresses U.S.-China trade tensions over rare earth exports and tariff threats. Last week, President Trump stated he may impose an additional 100 percent tariff on Chinese…
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Treasury Secretary Announces SSA Commissioner as CEO of IRS
Secretary Bessent said Commissioner Bisignano is “a businessman with an exceptional track record of driving growth and efficiency in the private and now public sector.” U.S. Treasury Secretary…
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Treasury Secretary Confirms Framework of TikTok Deal Between U.S. and China
The question of who would be in control of TikTok’s algorithm has reportedly been resolved. Treasury Secretary Scott Bessent said that Washington and Beijing had agreed on a…
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President’s Administration Files Emergency Appeal to Supreme Court over Tariff Ruling
The solicitor general stated that the lower court’s decision “has disrupted highly impactful, sensitive, ongoing diplomatic trade negotiations.” President Donald Trump’s administration filed a petition this week with…
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Treasury Secretary says President Considering Housing Emergency Declaration
The housing prices, as well as the mortgage rates, have contributed to high costs. Treasury Secretary said this week that President Trump is exploring how best to address…
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Treasury Department Sanctions 16 Entities for Time Share Fraud
The department said the entities send time share funds to Mexican drug cartels. The Department of the Treasury has sanctioned four Mexican nationals and 12 Mexican companies for…
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Treasury Department Sanctions 18 Additional Iranian Entities
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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