Latest U.S. Department of the Treasury News
Biden signs bill that averts a government shutdown and brings a close to days of Washington upheaval
WASHINGTON (AP) — President Joe Biden signed a bill into law Saturday that averts a government shutdown, bringing a final close to days of upheaval after Congress approved a temporary funding plan just past the deadline and refused President-elect Donald Trump’s core debt demands in the...
What to know about the debt ceiling debate as a government shutdown looms in Washington
A debate over the debt ceiling is at the center of a dispute over funding that is pushing Washington to the brink of a federal government shutdown. President-elect Donald Trump has demanded that a provision raising or suspending the nation's debt limit — something that his own...
US sanctions more allies of Maduro over alleged post-election crackdown in Venezuela
CARACAS, Venezuela (AP) — The United States has imposed sanctions on an additional 21 allies of Venezuelan President Nicolás Maduro, accusing them on Wednesday of perpetrating some of the repression with which officials in the country responded to July's disputed presidential election. ...
Ex-UK Deputy Prime Minister John Prescott is hailed as a working-class hero after his death at 86
LONDON (AP) — British politician John Prescott, a pugnacious and personable former merchant seaman who rose to the post of deputy prime minister in Tony Blair's Labour government, has died at age 86. Prescott’s family announced his death on Thursday. They said the politician, who...
US sanctions group that builds illegal West Bank settlements, with close ties to Israeli government
WASHINGTON (AP) — The U.S. on Monday imposed sanctions on organizations and firms involved in illegal settlement development in the occupied West Bank, including a well-established decades-old group that has close ties with Israeli leadership. Treasury sanctioned Amana, the largest...
US sanctions 398 firms in more than a dozen countries, accusing them of helping Russia's war effort
WASHINGTON (AP) — The U.S. on Wednesday imposed sanctions on 398 firms across Russia, India, China and more than a dozen other nations, accusing them of providing products and services that enable Russia’s war effort and aid its ability to evade sanctions. The effort spearheaded...
US imposes sanctions on Chinese companies accused of helping make Russian attack drones
WASHINGTON (AP) — The U.S. Treasury Department on Thursday announced sanctions against two Chinese companies accused of directly helping Russia build long-range attack drones used in the war in Ukraine. It is the first time the U.S. has imposed penalties on Chinese makers of drone...
