How banks and the government keep track of suspicious financial activity
An obscure government database of suspicious financial activity was thrust into the spotlight Wednesday when the New Yorker reported that key information on Michael Cohen is missing from the system. The report has raised fresh questions about the database, and…
U.S. slaps 5 Russians with sanctions over human rights
WASHINGTON — The United States on Wednesday imposed sanctions on five Russians, including the leader of Chechnya, under a U.S. human rights law that has been a major irritant between Washington and Moscow.
Treasury Department fines Exxon Mobil $2 million for Russia violations on Rex Tillerson’s watch
When Tillerson was CEO, he said Exxon didn't support sanctions generally because it found them usually ineffective.
U.S. blacklists Chinese bank, revving up pressure over North Korea
The Trump administration has blacklisted a small Chinese bank accused of illicit dealings with North Korea, escalating pressure to get Beijing to rein in its wayward ally.
Trump's incoming Cabinet embodies a sharp turn from the outgoing Obama administration.
Given the narrow GOP majority in the Senate, Steven Mnuchin is likely to be confirmed. But Democrats plan to rough him up along the way, grilling the former Goldman Sachs executive over his Wall Street ties and his stake in…
President-elect Donald Trump’s proposed economic team suggests a preference for Wall Street veterans, in a reversal of his campaign promise to surround himself with establishment outsiders. Judy Woodruff speaks with David Wessel of The Brookings Institution about the “elite” appointments,…
President-elect Donald Trump announced two more Cabinet picks on Wednesday: Goldman Sachs veteran Steven Mnuchin for treasury secretary and billionaire investor Wilbur Ross for commerce secretary. He also chose a deputy for Ross: Chicago Cubs co-owner Todd Ricketts. On Twitter,…
President Barack laid out what's needed to support the U.S. economy after a federal government report revealed weak job gains.
