Latest U.S. Department of the Treasury News

Which EVs qualify for new US tax credit? Websites offer help

Aug. 16, 2022 18:18 PM EDT

WASHINGTON (AP) — As part of the rollout of a huge new climate, tax and healthcare law, the U.S. government is moving forward with its plan to award new tax credits to electric vehicle purchasers. Several new websites launched Tuesday to help people identify which vehicles qualify...

Senior Liberian officials hit with U.S. financial sanctions

Aug. 15, 2022 11:19 AM EDT

WASHINGTON (AP) — The U.S. imposed sanctions Monday on three high-ranking Liberian government officials for engaging in alleged public corruption. President George Weah's chief of staff, the nation's chief prosecutor and the current managing director of the national port authority...

US sanctions UAE, Hong Kong firms that ship Iranian oil

Aug. 01, 2022 13:47 PM EDT

WASHINGTON (AP) — The U.S. has sanctioned a United Arab Emirates-based firm and several Asian companies for facilitating the illicit sale of millions of dollars’ worth of Iranian oil for shipment to East Asia. The Treasury Department's Office of Foreign Assets Control on Monday...

Russian charged with using US groups to spread propaganda

Jul. 29, 2022 19:07 PM EDT

WASHINGTON (AP) — A Russian operative under the supervision of one of the Kremlin's main intelligence services has been charged with recruiting political groups in the United States to advance pro-Russia propaganda, including during the invasion of Ukraine, the Justice Department said Friday. ...

Ukraine says Syrian ship docks in Lebanon with stolen grain

Jul. 28, 2022 15:57 PM EDT

BEIRUT (AP) — A Syrian cargo ship, sanctioned by the United States and carrying what Ukraine says is stolen barley from the war-torn country, has docked in Lebanon, the Ukrainian diplomatic mission in the Mideast nation said Thursday. According to the Ukrainian Embassy in Beirut,...

Rejected by courts, retirees take last shot to save pensions

Jul. 28, 2022 10:48 AM EDT

WASHINGTON (AP) — Dave Muffley thought he had it made when it came to a solid retirement. The Indiana man spent roughly 30 years as a salaried maintenance technician for Delphi Corp., a subsidiary of General Motors Corp., and expected to retire with a comfortable income by the time he hit 62. ...

Judge tosses Arizona suit over limits on virus relief funds

Jul. 23, 2022 17:20 PM EDT

PHOENIX (AP) — A judge has dismissed Arizona Gov. Doug Ducey’s lawsuit challenging the Biden administration’s demands that the state stop sending millions in federal COVID-19 relief money to schools that don’t have mask requirements or that close due to COVID-19 outbreaks. ...

Kansas receives $83.5M to expand high-speed internet service

Jul. 14, 2022 12:37 PM EDT

TOPEKA, Kan. (AP) — Kansas has received $83.5 million in federal coronavirus relief funds for projects that are expected to connect more than 21,000 homes and businesses to high-speed internet service, federal officials announced Thursday. The money for Kansas is part of $10...

Ukraine gets $1.7B in fresh aid to pay health care workers

Jul. 12, 2022 09:23 AM EDT

WASHINGTON (AP) — Ukraine is getting an additional $1.7 billion in assistance from the U.S. government and the World Bank to pay the salaries of its beleaguered health care workers and provide other essential services. The money coming Tuesday from the U.S. Agency for International...

US judge orders Mexican cartel to pay billions for killings

Jul. 07, 2022 19:06 PM EDT

BISMARCK, N.D. (AP) — A Mexican drug cartel accused in the gruesome killings of nine women and children from an offshoot Mormon community must pay $1.5 billion to the families, a federal judge from North Dakota ruled. The family members of the victims filed a lawsuit accusing the...