The department marks the anniversary of October 7th by sanctioning the terrorist group’s funding network. The Treasury Department imposed sanctions against parts of Hamas’ funding network on Monday,…
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Treasury Sanctions Hezbollah Petroleum Gas Smuggling Network
Five companies and two vessels tied to Hezbollah finance team sanctioned. The Treasury Department announced that it has sanctioned ten entities tied to Hezbollah’s oil and gas smuggling…
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House Judiciary Chair Requests Details on Companies’ Environmental Goals
Representative Jordan wrote to 130 investors regarding ESG in money management. House Judiciary Chair Jim Jordan wrote letters to 130 investors, requesting an explanation for their proposed environmental,…
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Senate Committee Finds SEC and CFTC Oversight of AI Lacking
Their report calls for new standards to mitigate potential harms from machine learning in trading. The Senate Homeland Security and Governmental Affairs Committee (HSGAC) recently released a report…
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Supreme Court Agrees to Nvidia Class Action Appeal
The company calls allegations of misleading revenue statements “speculative litigation.” The Supreme Court agreed to hear an appeal filed by Nvidia, which claimed that a revived class action…
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CFPB Director Urges Congress to Safeguard Consumer Data
Certain financial institutions have reportedly developed media relations for individually targeted marketing. Director Rohit Chopra of the Consumer Financial Protection Bureau (CFPB) has urged legislators to protect consumers…
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Treasury Department Requests Public Comment on Financial AI Policies
The agency seeks to increase understanding of current AI use within financial services. The Department of the Treasury recently released a request for information and insight on the…
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SEC Warns Crypto Broker of Possible Infractions
Brokerage companies claim cryptocurrency is not a security. The Securities and Exchange Commission (SEC) sent a “Wells notice” to Robinhood, a retailer securities broker. The document warned of…
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Treasury Coordinates with UK on Sanctions Against Iran, Hamas
The moves are based on the belief that Iran is financially supporting Hamas. The Treasury’s Office of Foreign Assets Control announced a third round of sanctions against Hamas-affiliated officials…
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Treasury Department Announces New Sanctions on Hamas
The goal is to cut off their access to funds. The Department of the Treasury announced a series of new sanctions against the terror group Hamas on Wednesday…
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