Officials state he was organizing weapons deals for armed forces. The Treasury Department sanctioned Sudan leader Mirghani Idris Suleiman last week, addressing his role in procuring weapons for…
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Treasury AI, Fraud Detection Recovers $4 Billion in Improper Payments
Expanding the identification process significantly increases 2024 fraud recovery. The Treasury Department prevented $4 billion of improper payments within government agencies in the 2024 fiscal year, announcing the…
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Treasury Offers $498 Million to Low-Income Housing Projects
The funding will provide long-term fixed-rate capital for large-scale construction. The Treasure Department announced $498 million in fixed-rate capital for housing in low-income urban, rural, and Native communities,…
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Vice President Announces Investment in Tribal Small Business Program
The funding will provide capital and technical assistance for start-up companies. Vice President Kamala Harris recently announced that the Department of the Treasury has approved over $500 million…
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DOJ Convenes Interagency Meeting on Equity in AI
Senior government officials and heads of civil rights offices meet to discuss artificial intelligence. The Civil Rights Division of the Department of Justice held its fourth meeting on…
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Nearly Half of States to Participate in IRS’ Direct File in 2025
The free online service will be available to more than 30 million in 2025. The Internal Revenue Service (IRS) announced that over 30 million taxpayers are eligible for…
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Treasury Imposes More Hamas-Related Sanctions
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 Official Says Diplomacy Mitigated China Reaction to Tariffs
Under Secretary Shambaugh says talks offered “nuanced understanding” of select tariff increases. Treasury Undersecretary Jay Shambaugh said that China has not reacted negatively to new U.S. tariffs on…
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Treasurer Chief Malerba Visits Band Ojibwe Reservation to Review Federal Investments
New bank, wastewater treatment facility, and townhomes funded by grants. U.S. Treasurer Chief Lynn Malerba visited the Mille Lacs Band of Ojibwe reservation in Minnesota last month, touring…
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Treasury Department Takes Action on Mail Theft Check Fraud
Federal agencies and Postal unions call for stronger protections as mail theft-related fraud rises nationwide. The Treasury Department’s Financial Crimes Enforcement Network (FinCEN) reported a significant rise in…
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