Politics Oct 23 Treasury proposes rule to curb high-tech investments in China and other adversaries By Paul Wiseman, Didi Tang, Associated Press
Economy Oct 14 U.S. hits Bank of America with $1.2 billion fine, saying it violated money laundering and sanctions laws The fines on America’s second-biggest bank amount to the third-largest in the department’s history. By Paul Wiseman, Farnoush Amiri, Associated Press
Education Sep 04 Trump administration pushes to remove tax exemption for private colleges with DEI policies The rule is broadly aimed at ending any policies or programs that help students because of their race, and it specifically says such benefits in admissions, scholarships and facilities “would be incompatible” with the rule. By Collin Binkley, Associated Press
World Sep 04 U.S. issues sanctions on Turkish bank that it calls a 'critical financial lifeline' for Iran The Treasury Department accused the Turkish bank and its entities of being established to enable Iran's efforts to transfer oil revenues from China to Turkey, where they could then be converted to cash and gold. By Farnoush Amiri, Andrew Wilks, Associated Press
Politics Aug 31 Treasury Department blocks certain journalists from covering G20 meeting The New York Times said in a statement that denying American journalists access to an event in the U.S. is “not just another disturbing effort by the administration to undermine independent journalism, but a blatant attempt to evade public scrutiny.”… By Ben Finley, Associated Press
Aug 28 U.S. targets Egyptian bank's UAE branches under new push for Iran's economic isolation By Fatima Hussein, Farnoush Amiri, Associated Press Under a new rule proposed Friday by the Treasury Department, the Emirati branches of Banque Misr, Egypt’s second-largest bank, would be severed from access to the U.S. financial system. Continue reading
Apr 22 WATCH: Bessent testifies on Trump's Treasury Department budget request before Senate committee By Associated Press Treasury Secretary Scott Bessent doubled down on economic pressures on Iran on Tuesday. Continue reading
Mar 27 Treasury plans to put Trump's signature on all new U.S. paper currency in break with tradition By Fatima Hussein, Associated Press The plans come in tandem with an ongoing effort to get Trump’s face on a coin, which has also drawn criticism since federal law prohibits the depiction of a living president on U.S. currency. Continue reading
Feb 12 Data of thousands of taxpayers wrongly shared with DHS, court filing says By Fatima Hussein, Associated Press The revelation stems from a data-sharing agreement signed last April by Treasury Secretary Scott Bessent and Homeland Security Secretary Kristi Noem, which allows U.S. Immigration and Customs Enforcement to submit names and addresses of immigrants inside the U.S. illegally to… Continue reading
Feb 04 WATCH: Treasury Secretary Bessent testifies on U.S. financial stability in House hearing By Fatima Hussein, Associated Press A hearing about oversight of the U.S. financial system devolved into insults several times Wednesday as Treasury Secretary Scott Bessent clashed with Democratic lawmakers over fiscal policy, the business dealings of the Trump family and other issues. Continue reading