Latest U.S. Department of the Treasury News
US Treasury sanctions Sierra Leone man for allegedly smuggling migrants into the United States
MEXICO CITY (AP) — The U.S. Treasury Department announced sanctions Thursday on a man from Sierra Leone for allegedly smuggling thousands of migrants from Asia and Africa into the United States. The ring allegedly run by Abdul Karim Conteh provided false documents and drove...
U.S. to expand control of land sales to foreigners near 56 additional military sites
WASHINGTON (AP) — The U.S. wants to expand a Treasury committee's jurisdiction to review land sales near U.S. military sites where foreigners are the buyers. New Treasury rulemaking would expand the U.S. Committee on Foreign Investment in the United States' powers to review land...
Chinese firms eye Morocco as way to cash in on US electric vehicle subsidies
TANGIERS, Morocco (AP) — After the United States passed new subsidies designed to boost domestic electric vehicle production and cut into Beijing’s supply chain dominance, Chinese manufacturers began investing in an unlikely place: Morocco. In the rolling hills near Tangiers and...
New US sanctions against Russia target weapons development, ban uranium imports for nuclear power
WASHINGTON (AP) — The United States on Wednesday imposed new sanctions on hundreds of companies and people tied to Russia's weapons development program, more than a dozen Chinese entities accused of helping Moscow find workarounds to earlier penalties, and individuals linked to the death of...
