Latest U.S. Department of the Treasury News
Lebanon says Israeli agents likely killed Hezbollah-linked currency exchanger near Beirut
BEIT MERI, Lebanon (AP) — Lebanon’s interior minister alleged Wednesday that the mysterious abduction and killing of a Hezbollah-linked Lebanese currency exchanger in a villa on the edge of a quiet mountain resort town earlier this month was likely the work of Israeli intelligence operatives. ...
Treasury wants to boost foreign investment review powers, as Congress dissects Nippon, TikTok deals
WASHINGTON (AP) — U.S. Treasury wants to enhance the power of a little-known, secretive government committee to review deals made between U.S. firms and foreign investors. This comes as high-profile deals involving foreign investment in the U.S. — like Chinese firm ByteDance’s...
A Lebanese man sanctioned by the US over alleged Hamas links is found shot dead near Beirut
BEIRUT (AP) — A Lebanese man sanctioned by the U.S. for his alleged links with the Palestinian group Hamas was found dead Wednesday after he went missing for a week, Lebanese state media and judicial officials said. Mohammad Srour, 57, was sanctioned by the U.S. in August 2019 for...
From overcapacity to TikTok, the issues covered during Janet Yellen's trip to China
BEIJING (AP) — U.S. Treasury Secretary Janet Yellen and her team are leaving China and returning to Washington after trying to tackle the major questions of the day between the countries. Here's a look at what she tried to accomplish, what was achieved, and where things stand for the world's two...
Yellen calls for level playing field for US workers and firms during China visit
GUANGZHOU, China (AP) — U.S. Treasury Secretary Janet Yellen called on China on Friday to address manufacturing overcapacity that she said risks causing global economic dislocation, and to create a level playing field for American companies and workers. Starting a five-day visit in...
US imposes more Iran sanctions and hits Syrian regime with penalties for drug trafficking
WASHINGTON (AP) — The United States on Tuesday imposed sanctions on a money exchanger and a group of firms across six countries involved in commodity shipments and business transactions that benefit Iran's military and the Houthi militant group in Yemen and the Hezbollah militia in Lebanon. ...
U.S. sanctions Russian entities accused of enabling digital currency sanctions evasion
WASHINGTON (AP) — The U.S. on Monday imposed sanctions on a collection of fintech firms and people, mostly in Russia, accused of enabling sanctions evasion. Treasury’s Office of Foreign Assets Control sanctioned 13 firms — five of which are owned by an already sanctioned...
US sanctions spyware company and executives who targeted American journalists, government officials
WASHINGTON (AP) — The Treasury Department announced Tuesday it has sanctioned two people and a Greece-based commercial spyware company headed by a former Israeli military officer that developed, operated and distributed technology used to target U.S. government officials, journalists and policy...
US sanctions Zimbabwe president Emmerson Mnangagwa over human rights abuses
WASHINGTON (AP) — The United States on Monday sanctioned Zimbabwe’s President Emmerson Mnangagwa, its first lady and other government officials for their alleged involvement in corruption and human rights abuses. The Treasury Department’s Office of Foreign Assets Control...
US and UK hit Iranian deputy commander and Houthi member with sanctions
WASHINGTON (AP) — The U.S. and U.K. sanctioned a deputy commander of Iran's Islamic Revolutionary Guard Corps and a Houthi militant member, Tuesday. The U.S. additionally sanctioned firms registered in Hong Kong and the Marshall Islands, along with two ships, including one that transported $100...
