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…

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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…

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Patty Collins, Director, Department of Treasury Bureau of Engraving and Printing

Patty Collins, Director, Department of Treasury Bureau of Engraving and Printing

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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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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…

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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…

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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…

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IRS Exceeds Taxpayer Assistance Response Goals

Secretary Yellen seeks to maintain Congressional investment. The Internal Revenue Service (IRS) said this week that the agency exceeded its taxpayer response goals for the year. They attribute…

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Treasury Secretary Concludes Trip to China

She advocated the continued boycott of Russia during her visit. Secretary of the Treasury Janet Yellen concluded her five-day visit with Chinese Premier Li Qiang this week with…

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Prerequisites Suggested Before President’s Meeting with Iraqi Prime Minister

Legislators write President Biden with recommendations in light of ongoing militia attacks. Eight members of the House majority sent President Joe Biden a letter this week providing suggestions…

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