Latest U.S. Department of the Treasury News
US hits more Georgian officials with asset freezes and visa bans for ‘undermining democracy’
WASHINGTON (AP) — The Biden administration is hitting more senior Georgian officials and others with sanctions for undermining the country’s democracy and violating basic human rights. The State and Treasury departments announced Monday that they had imposed asset freezes on two...
Haitian ex-President Martelly hit with U.S. sanctions, accused of facilitating drug trade
WASHINGTON (AP) — The U.S. imposed sanctions on the former president of Haiti, Michel Joseph Martelly, Tuesday following accusations that he abused his influence to facilitate drug trafficking into the U.S. and sponsored gangs that have contributed to instability in the Caribbean country. ...
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...
