Latest U.S. Department of the Treasury News
Argentina, Paraguay probe grounded 747 for terrorism ties
BUENOS AIRES, Argentina (AP) — Authorities in Argentina and Paraguay are trying to shine light on the jumbo-jet sized mystery surrounding a cargo plane with Iranian and Venezuelan crew that has been grounded outside Buenos Aires more than two weeks. Prosecutors in the two South...
Senate panel backs Michael Barr, Biden pick as Fed regulator
WASHINGTON (AP) — The nomination of Michael Barr, President Joe Biden's choice to be the top regulator on the Federal Reserve's Board of Governors, was approved Wednesday by a congressional committee and sent to the full Senate. Barr, who served as a top Treasury Department...
Four states receive first allocations of $10B broadband fund
CHARLESTON, W.Va. (AP) — More than half a billion dollars in federal funding will be sent to four U.S. states to expand broadband access as part of a sweeping national effort to bring affordable service to rural and low-income Americans, the U.S. Treasury Department announced Tuesday. ...
US sanctions 2 Bosnian officials for undermining peace
SARAJEVO, Bosnia-Herzegovina (AP) — The United States sanctioned two prominent Bosnian officials Monday, accusing them of threatening the peace, stability and prosperity in their country which has never fully recovered from its brutal inter-ethnic war in the 1990s. The U.S....
Mexican town suspends police chief accused of drug ties
MEXICO CITY (AP) — A town in Mexico fired a police chief who the U.S. government publicly accused of aiding a drug cartel. The mayor of the small town of Ameca, Jalisco, said late Thursday he had removed local police coordinator Severo Flores Mendoza. Mayor Juan...
Putin-linked elites, yachts, firms targeted for sanctions
WASHINGTON (AP) — The U.S. announced new sanctions Thursday on Russian oligarchs and elites, including some of the richest men in Europe and their families, as well as penalties targeting more Kremlin officials, businessmen linked to President Vladimir Putin and their yachts, aircraft and firms...
US sanctions Mexican police official for aiding drug cartel
MEXICO CITY (AP) — The U.S. government announced sanctions Thursday against six people in Mexico, including a police official, for aiding the Jalisco drug cartel. The U.S. Department of the Treasury’s Office of Foreign Assets Control, or OFAC, says the police official gave...
Local governments turn away $73M of federal pandemic aid
JEFFERSON CITY, Mo. (AP) — From small towns to big cities, every government across the U.S. was offered a slice of $350 billion in federal coronavirus relief funds to help shore up their finances, cover pandemic-related costs and invest in community projects. Officials in 1,468...
Russia offers foreign debt payment system similar to gas one
MOSCOW (AP) — Russia said Monday it may use an arrangement similar to that used for payments for its gas supplies to pay its dollar-denominated foreign debts. The Vedomosti business daily quoted Finance Minister Anton Siluanov as saying that Russia will offer the holders of its...
Biden renews sanctions license for Chevron in Venezuela
MIAMI (AP) — The Biden administration has renewed a license partially exempting Chevron from sanctions on Venezuela so it can keep operating in the oil-rich, socialist-run nation. The license issued Friday by the U.S. Treasury Department allows the California-based Chevron and...
