A federal arts panel, whose members were appointed by Donald Trump, has unanimously approved the issuance of a commemorative gold coin featuring his image, allowing the US Mint to begin production despite criticism against featuring government officials on currency and his prior efforts to have his face stamped on a $1 coin.
The US Treasury Department has eased sanctions, allowing American companies to conduct business with Venezuela's state-owned oil and gas company, with some restrictions, as the Trump administration seeks ways to increase global oil supplies.
New investors in TikTok are reportedly set to pay $10 billion in commission to Donald Trump's administration, with the funds directed to the Treasury Department as compensation for the US government's role in negotiations.
The US Treasury Department is targeting 14 counties across the United States where it suspects drug cartels are laundering cash, indicating a focused effort to combat illicit financial flows.
Senators Ted Cruz and Tim Scott are reportedly asking the Treasury Department to approve a $200 billion tax cut without requiring congressional approval.
The Treasury Department has terminated union contracts for workers at the IRS and the Bureau of the Fiscal Service, impacting labor relations within these federal agencies.
The U.S. Treasury Department has announced a new licensing policy that will permit the resale of Venezuelan oil to Cuba, aiming to alleviate the island's fuel shortages.
President Donald Trump
Saul Loeb/AFP/Getty Images
The Department of Education announced an agreement to transfer student-loan borrowers to the Treasury Department.
The transfer will begin with…
A Treasury official, Bessent, stated that the Treasury Department is not intervening in oil commodities markets and lacks the authority to do so, addressing rumors of government intervention to lower oil prices.
The Treasury Department reports that the average tax refund has reached over $3,700 midway through the filing season, with millions claiming new tax breaks under the One Big Beautiful Bill Act.
Swiss financial regulators have closed a bank targeted by the US Treasury Department for alleged transactions with illicit actors linked to Russia and Iran.
The US Treasury Department has reportedly threatened to cut off Swiss bank MBaer from the American financial system due to accusations of money laundering for actors from Iran, Russia, and Venezuela.
The U.S. Treasury Department has imposed new sanctions on four individuals, several entities, and oil tankers linked to Iran, according to an announcement on its website.
Banks and staff from the Treasury Department are pushing back against a new proposal for citizen verification, indicating concerns over its implementation or implications.
The US Treasury Department has designated four alleged sham charities, accusing them of funneling funds to Hamas' military wing under counterterrorism sanctions authority.
The Serbian Oil Industry (NIS) has submitted a new application to the US Treasury Department’s Office of Foreign Assets Control (OFAC) for a special operating license, as its existing license is set to expire on March 20th.
‘Stopgap measure’ designed to keep oil flowing into global market as Middle East crisis disrupts crude shipments
The US treasury issued a 30-day waiver on Thursday allowing India to buy Russian oil currently stuck at sea.
“To enable oil to keep flowing into the global market, the treasury department is issuing a temporary 30-day waiver to allow Indian refiners to purchase Russian oil,” treasury secretary Scott Bessent said in a statement posted to social media.
Continue reading...
Venezuela's oil export revenues will no longer be routed through a Qatar fund but will instead be deposited directly into accounts managed by the US Treasury Department.
In a dramatic step, the U.S. Treasury Department on Thursday said it’s proposing to sever a Swiss bank from the U.S. financial system over its alleged illicit ties to Russia and Iran.
The US Treasury Department has issued guidance to financial services firms on how to securely implement and utilize artificial intelligence technologies.
