Treasury Sanctions Two Companies Shipping Commodities for Iran

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…

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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…

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Janet Yellen, Secretary of the Treasury

Janet Yellen, Secretary of the Treasury

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Treasury 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…

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IRS 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.…

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Treasury 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…

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Treasury 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…

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Interest 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…

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Treasury 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…

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Treasury 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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