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…
Read MoreTreasury Secretary Yellen
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…
Read MoreJanet Yellen, Secretary of the Treasury
Janet Yellen, Secretary of the Treasury
Read MoreTreasury Secretary Visits Mexico
She wants to enhance trade and curb drug trafficking. On Tuesday, Treasury Secretary Janet Yellen is meeting with Mexican President Andres Manuel Lopez Obrador and Mexico’s Secretary of…
Read MoreIRS Releases Clean Energy Investment Tax Credit
The agency publishes guidance documenting details for investors. The Internal Revenue Service (IRS) has released guidance that outlines the requirements for receipt of the clean energy tax credit.…
Read MoreTreasury Secretary Tours North Carolina Lithium Facility
Highlights clean energy investments made by the Biden administration Secretary of the Treasury Janet Yellen visited a lithium processing facility in North Carolina on Thursday, highlighting steps President…
Read MoreTreasury Coordinates with UK on Sanctions Against Iran, Hamas
The moves are based on the belief that Iran is financially supporting Hamas. The Treasury’s Office of Foreign Assets Control announced a third round of sanctions against Hamas-affiliated officials…
Read MoreInterest on National Debt Now the Top Budget Expense
Treasury data shows interest exceeds $1 trillion per year. Information from the U.S. Treasury Department shows that estimated annualized interest payments on the nation’s debt exceeded $1 trillion…
Read MoreTreasury Sanctions 130 Who Help Russia Against Ukraine
Secretary Yellen says China, Turkey, and UAE support is perpetuating the war. The U.S. Treasury Department has imposed sanctions this week on 130 “individuals and entities” who help…
Read MoreTreasury Secretary Speaks at Annual Freedman’s Bank Forum
Attendees seek solutions to eliminate discrimination in banking, housing, and lending. The Department of the Treasury hosted the 2023 Freedman’s Bank Forum last week. The gathering included state…
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