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The Latest Breaking News from Treasury Department

US Imposes Additional ‘Hezbollah’-Related Sanctions

The United States on Thursday sanctioned individuals and companies for allegedly providing financial services to and facilitating weapons procurement for the Lebanese “Hezbollah,” the US Treasury Department stated. “The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) took action against two individuals and two companies based in…

Asharq Al-Awsat

U.S. sanctions Hezbollah's accountants, weapons facilitator

The United States on Thursday sanctioned individuals and companies for allegedly providing financial services to and facilitating weapons procurement for Hezbollah, the U.S. Treasury Department said.

Reuters

New US sanctions against North Koreans over missile program

The Biden administration has imposed sanctions on three members of North Korea's ruling party central committee for their involvement in the country's ballistic missile program

The Independent UK

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Kraken Exchange Fined By US Government For Allowing Crypto Transactions In Iran

Kraken, one of the top crypto exchanges by trading volume, agreed to pay up a settlement in violations of the sanctions policy.

Zenger

Treasury turns over Trump tax returns sought by House committee

WASHINGTON — The Treasury Department turned over six years of Donald Trump’s tax returns to a House committee after the Supreme Court cleared the way for the release.

Tribune News Service

Treasury complies with court order on releasing Trump taxes

The Treasury Department says it has complied with a court order to make former President Donald Trump’s tax returns available to a congressional committee

The Independent UK

How to stay ‘alarmingly authentic’ while working on the Hill - Roll Call

Exiting spox Jenna Valle-Riestra has some thoughts after a few eventful years on the Senate Judiciary Committee.

Roll Call

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Biden making new commitments at Tribal Nations Summit

The Biden administration is making new commitments to Native American nations at the first in-person summit on tribal affairs in six years

The Independent UK

U.S. gives Chevron go ahead to pump oil in Venezuela again

The license signals an opening for other oil companies to resume their business in Venezuela.

Axios

Biden eases Venezuela sanctions as opposition talks resume

The Biden administration is easing some oil sanctions on Venezuela in an effort to support newly restarted negotiations between the Venezuelan government and its opposition

The Independent UK

US Sanctions More Iranian Officials as Crackdowns Continue

The United States on Wednesday imposed sanctions against three more Iranian security officials in response to the Tehran government's continued crackdown on protests after 22-year-old Mahsa Amini died while being held by the morality police for violating the country’s strictly enforced dress code. Hassan Asgari, Alireza Moradi and Mohammad Taghi…

Asharq Al-Awsat

US sanctions more Iranian officials as crackdowns continue

The United States has imposed sanctions against three more Iranian security officials in response to the Tehran government’s continued crackdown on protests after the death of Mahsa Amini

The Independent UK

With the GOP in control of the House, here's who's likely to lead key committees

House Republicans make up the majority in the House of Representatives for the 118th Congress. Here's a rundown of the lawmakers likely gaining power in key panels at the beginning of the new year.

WEKU

Donald Trump loses fight to avoid to handing tax returns to Congress

Donald Trump has lost his fight to prevent his tax returns being handed over to a Democrat-led congressional committee.

Evening Standard

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Asharq Al-Awsat

US, Allies to Set Russia Oil Price Cap in 'Next Few Days'

Washington and its allies are planning to finalize a price cap for Russian oil in "the next few days," as they seek to cut off a critical source of funding for Moscow, the US Treasury Department said Tuesday. The price cap would be the basis for a ban set to…

Axios

Supreme Court won’t halt release of Trump’s tax records to House committee

The House Ways and Means Committee has tried obtaining Trump's tax returns from the IRS for years.

ABC News

The Loop: Cristiano Ronaldo quits Manchester United, release of Trump's taxes gets green light, and 'Teal' the Australian 'Word of the Year' — as it happened

The news Australia is searching for, and all the news that happened while you snoozed: This is The Loop, your quick catch-up for this morning's stories as they happen.

Daily Mirror

Donald Trump loses court fight to stop his tax returns being handed over to Congress

The Supreme Court rejected Trump's plea for an order that would have prevented six years of tax returns being handed over to the Democratic-controlled House Ways and Means Committee.

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The Independent UK

Supreme Court OKs handover of Trump tax returns to Congress

The Supreme Court has cleared the way for the handover of former President Donald Trump’s tax returns to a congressional committee after a three-year legal fight

Roll Call

Supreme Court denies Trump bid to keep tax records from House - Roll Call

The Supreme Court cleared the way for the Ways and Means panel to get six years of former President Donald Trump’s tax returns from the IRS.

Reason

Sixth Circuit Concludes ARPA Condition on COVID Relief Violates Spending Clause

The U.S. Court of Appeals for the Sixth Circuit concluded some state challenges to the COVID relief bill were not justiciable, but reaches the merits in one case and finds the law lacking.

The Independent UK

Dutch, UK fentanyl sellers hit with Treasury sanctions

Two Dutch nationals, an Englishman and nine companies have been targeted for sanctions by the U.S. government for allegedly operating an illegal fentanyl ring that generated millions of dollars in virtual currency

Reuters

U.S. slaps sanctions on Burmese arms dealer, company

The United States imposed sanctions on Tuesday on a Burmese arms dealer and his company for facilitating arms deals and weapons purchases on behalf of Myanmar's military, the Treasury Department said.

The Independent UK

U.S. sanctions South African Islamic State-affiliated firms

The U.S. has imposed its second round of sanctions in less than a week on people and firms in Africa who it says have provided financial or material support to the Islamic State group

Tribune News Service

Series I bond rates decline to still-high 6.89% ⁠— here’s how to buy them

If you’re looking for an investment with a high interest rate, inflation protection and the safety of government backing, then Series I bonds could be an attractive addition to your portfolio. The Treasury Department announced that I bonds will now pay 6.89% for a full six months on any bonds…

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