Treasury Proposes System to Address Money Laundering in Real Estate

The department would track and flag suspicious home purchases. The U.S. Treasury Department proposed a new system that real estate agents can use to flag suspicious real estate…

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Treasury Secretary Testifies Before Senate Banking Committee

She does not believe that commercial real estate vacancies pose a risk to the nation’s financial system. U.S. Treasury Secretary Janet Yellen testified before the Senate Banking Committee…

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Treasury Secretary Says Prices Are Not Coming Back Down 

She says that the economy continues to defy recession. During a speech in Boston in early January, Treasury Secretary Janet Yellen said inflation was cooling and that, in…

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DOL Requests Public Input on Retirement Plan Disclosures

Federal agencies are looking at how many and how often workers receive retirement disclosures, as well as their effectiveness. The Department of Labor announced that the Employee Benefits…

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Treasury Sanctions Two Companies Shipping Commodities for Iran

The entities have funded Islamic extremists in the Middle East. The Department of the Treasury sanctioned two companies this month for secretly exporting Iranian commodities on behalf of…

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Treasury Department Announces Self-Filed Company Ownership Reports

Companies operating in the U.S. must provide information on who owns them within a year. The Treasury Department began accepting self-filed ownership information reports from businesses after the…

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Treasury Secretary Visits Mexico

She wants to enhance trade and curb drug trafficking.  On Tuesday, Treasury Secretary Janet Yellen is meeting with Mexican President Andres Manuel Lopez Obrador and Mexico’s Secretary of…

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IRS Releases Clean Energy Investment Tax Credit

The agency publishes guidance documenting details for investors. The Internal Revenue Service (IRS) has released guidance that outlines the requirements for receipt of the clean energy tax credit.…

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Treasury Secretary Tours North Carolina Lithium Facility

Highlights clean energy investments made by the Biden administration Secretary of the Treasury Janet Yellen visited a lithium processing facility in North Carolina on Thursday, highlighting steps President…

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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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