The Abdul Karim Conteh group was sanctioned for violating U.S. immigration law. The Department of the Treasury sanctioned the Abdul Karim Conteh Human Smuggling Organization (Karim HSO) this…
Read MoreTreasury Department
Treasury Department Allocates $100 Million to Affordable Housing
The investment is intended to address mortgage inflation caused by the housing shortage. Secretary of the Treasury Janet Yellen announced that $100 million in financing is now available…
Read More
Treasury Department Proposes Tax Accountability for Business Partnerships
The department moves to address the “basis shifting” of business partnerships to lower tax brackets. The Treasury Department proposed new rules this week to hold high-profile tax evasion…
Read More
Treasury Department Sanctions La Nueva Familia Drug Cartel
Eight entities sanctioned for partnering with cartel to traffic narcotics. The Department of the Treasury announced eight new sanctions this week against Mexico-based entities affiliated with the La…
Read More
Treasury Places Additional Russian Sanctions
Over 300 individuals and entities related to the Russian military industry were targeted ahead of the G7 summit. Secretary of the Treasury Janet Yellen announced over 300 sanctions…
Read More
Patty Collins, Director, Department of Treasury Bureau of Engraving and Printing
Patty Collins, Director, Department of Treasury Bureau of Engraving and Printing
Read More
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…
Read More
IRS Announces Tax Bonus for Domestically Produced Iron
The agency released guidance on how to apply for a 10 percent tax credit. The Internal Revenue Service (IRS) released new tax guidance this past week, instructing companies…
Read More
IRS Extends Remote Work Pilot
The agency is analyzing data for future policy. The Internal Revenue Service (IRS) has extended its remote work pilot program, which was slated to end in June, through…
Read More
New Sanctions Placed on Russian Chemical Weapons Developers
The U.S. alleges Russia has used chemical weapons in Ukraine. President Biden’s administration announced new sanctions against those involved in Russia’s chemical weapons development programs. The administration alleges…
Read More