Amid escalating tensions in the Middle East, the Trump Administration announced Friday that it would sanction a number of top Iranian officials as well as leading steel and iron producers in the region.
Read moreA federal judge granted ExxonMobil summary judgment against the U.S. Treasury Department’s $2 million fine, for allegedly violating Ukraine-related sanctions regulations.
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Erik Prince, a major Republican donor and founder of controversial security firm Blackwater, has been referred to the U.S. Treasury Department for possible sanctions violations tied to his recent trip to Venezuela for a meeting with a top aide of President Nicolas Maduro, two senior U.S. officials said.
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The House Ethics Committee has rebuked Republican Rep. Cathy McMorris Rodgers of Washington state for misusing taxpayer money and ordered her to reimburse more than $7,500 to the U.S. Treasury.
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A month into Senator Ron Wyden’s investigation of Halkbank, the Turkish state-run bank accused of the biggest money-laundering scheme ever charged in U.S. history, U.S. Treasury officials informed lawmakers that Secretary Steven Mnuchin recently attended a White House lunch with Turkey’s strongman Recep Tayyip Erdoğan.
Read moreThe federal budget deficit ballooned to $984.4 billion in the fiscal year that ended last month and is expected to surpass $1 trillion in 2020, pulled higher by Republican-backed tax cuts and a budget deal that allows more spending.
Read moreLooking to make good on his promise to demolish Turkey’s economy if the country crosses the line in Syria, President Donald Trump plans to sign an executive order expanding the Treasury Department’s ability to sanction Turkish officials.
Read moreA whistleblower in the Trump administration stepped forward over two months ago to warn House Democrats that the Treasury Department is mishandling the president’s long-shrouded tax returns.
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The Treasury Department on Monday took its first action in response to foreign interference in the 2018 midterm elections by placing the yacht and private planes of a Russian financier on an international sanctions list along with employees of a Russian troll farm he funded to spread false information on social media.
Read moreCitizens for Responsibility and Ethics in Washington sued the Department of Treasury in federal court for information on Treasury Secretary Steven Mnuchin‘s investment in the Vanguard Treasury Money Market Fund.
Read moreA federal judge declined, as premature, the House Committee on Ways and Means’ request to expedite proceedings asking the Treasury Department to hand over Donald Trump’s federal income tax returns and related IRS files.
Read moreAlleging aid to the Iranian missile program and other military efforts, the Treasury Department slapped new sanctions Wednesday on two business networks with ties to Tehran.
Read moreGafur-Arslanbek Akhemdovich Rakhimov, a Russian citizen who lives in Dubai, claims in a federal complaint that the U.S. Department of the Treasury’s Office of Foreign Assets Control falsely claims he provides material support to the Thieves in Law, a “purported transnational criminal organization,” and froze his U.S. assets.
Read moreThe U.S. Treasury Department announced sanctions Wednesday on Iranian Foreign Minister Mohammed Javad Zarif, accusing him of acting on behalf of Iran’s supreme leader — a move the Iranian president denounced as “childish” and a barrier to diplomacy.
Read moreFacebook’s plan to create a financial system based on a digital currency faces questions from lawmakers, as it’s shadowed by negative comments from President Trump, his treasury secretary and the head of the Federal Reserve.
Read moreIn the latest push by Democrats in the fight to lay bare President Donald Trump’s financial holdings, the House of Representatives filed a federal lawsuit Tuesday calling on the Treasury Department to turn over six years of his long-awaited tax returns.
Read moreMonths before the raid on Michael Cohen’s home, the FBI investigated what the bureau believed to be substantial payments from foreign sources into his shell company Essential Consultants.
Read moreWASHINGTON (CN) – The No. 1 provider of petrochemicals to the Islamic Revolutionary Guard Corps was hit with sanctions Friday,
Read moreMissing their fifth opportunity to make good on one of President Donald Trump’s campaign promises, administration officials told Congress on Tuesday that they would not to designate China as a currency manipulator.
Read moreContradicting reported IRS policy about its obligation to provide such information, Treasury Department Secretary Steve Mnuchin told Congress Wednesday that he will not release the president’s tax returns to keep on the right side of the law.
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