Low-Income Community Credit Program Launched

Treasury Department rule encourages the construction of clean energy facilities for lower energy costs. The Department of the Treasury issued a final rule and guidance for its new…

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Treasury Sanctions Former Bank Governor of Lebanon

Canada and UK impose similar sanctions for Riad Salameh. The Department of the Treasury has sanctioned the former governor of Lebanon’s central bank Riad Salameh for secretly investing…

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First Awardees for Minority Business Assistance Chosen

Treasury Department distributes $57 million to 12 states for small business support programs. The Department of the Treasury announced the first awardees of their technical assistance grant for…

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U.S. Imposes Sanctions on Bosnia and Herzegovina Officials

The four individuals facilitated the passage of a law that undermines the Dayton Accords peace deal. The State Department announced sanctions against four top officials of Bosnia and…

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IRS Plans Fully Digital Tax Submissions for 2024

The agency expects to convert entirely to paperless processing by 2025. U.S. Treasury Secretary Janet Yellen announced that the Internal Revenue Service (IRS) will begin accepting digital tax…

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Treasury Secretary Appoints Climate Counselor

The new department official will report to Secretary Yellen directly to support a net-zero emissions economy. Secretary of the Treasury Janet Yellen appointed Ethan Zindler as the Treasury…

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Treasury Department Releases Data on Pandemic Recovery Fund

State and Local Fiscal Recovery Funds supported local government projects and services. The Department of the Treasury released its data recording the use of the American Rescue Plan…

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Secretary Yellen Meets With Vietnamese Prime Minister

She discussed trade, security initiatives, and clean energy transition. U.S. Treasury Secretary Janet Yellen visited Hanoi, Vietnam, this week. She met with Vietnamese Prime Minister Pham Minh Chinh…

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Treasury Department Official Returns to Southern Border

The intention is to disrupt illicit financial networks. Under Secretary of the Treasury for Terrorism and Financial Intelligence, Brian Nelson, met with law enforcement when he visited the…

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Treasury Secretary Commends Zambia’s Debt Restructuring

The troubled nation receives an extension on debt repayment. Secretary of the Treasury Janet Yellen commended Zambia’s debt restructuring agreement this week. Many African countries are deeply in…

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