Editor Brian Harrod Provides Comprehensive up-to-date news coverage, with aggregated news from sources all over the world from the Roundup Newswires Network
The United States sanctioned 24 Russians, including government officials and oligarchs, and 14 entities on Friday, one of Washington's most aggressive moves yet to punish Moscow for a range of activities including its alleged meddling in the 2016 presidential election. The action, announced by the U.S. Treasury, follows the U.S. decision last month to sanction 19 people and five entities, including Russian intelligence services, for cyber attacks stretching back at least two years.
The United States sanctioned 24 Russian people, including oligarchs and government officials, and 14 groups on Friday over what it called a range of malign activities by Moscow to subvert Western democracies, the Treasury Department said.
People make long queues for new coins under the reign of King Rama X at the coin unit of the Treasury Department on Rama VI Road in Bangkok Friday. Large crowds formed long queues at provincial offices of the Treasury Department to exchange cash for the first lot of circulated coins bearing the image of King Rama X on Friday, the Chakri Memorial Day.
American companies trading in Iran under previous Treasury Department exemptions are in limbo as the White House considers pulling out of the 2015 nuclear deal Abdolreza Kamyab, a Plano, Texas-based exporter of food supplements for livestock, got a beat on competitors years ago by doing business with a country many shunned: Iran. Now, he is worried about his company as the Trump administration threatens to scrap Tehran's nuclear deal and impose new sanctions.
President Trump plans to levy $50 billion worth of tariffs on China to penalize the country for intellectual property theft, according to a report Wednesday. The trade penalties could hit up to 100 Chinese products, ranging from clothing to electronics, according to the paper.
President Donald Trump hugs Broadcom CEO Hock Tan as Tan announces the repatriation of his company's headquarters to the United States from Singapore during a ceremony in the Oval Office of the White House on November 2, 2017 in Washington, DC. President Donald Trump hugs Broadcom CEO Hock Tan as Tan announces the repatriation of his company's headquarters to the United States from Singapore during a ceremony in the Oval Office of the White House on November 2, 2017 in Washington, DC.
This Feb. 10, 1929, file photo, shows Andrew W. Mellon, secretary of the United States Treasury in Washington, D.C. The Mellons' family homestead in Northern Ireland is a centerpiece of the Ulster American Folk Park in Omagh. The park tells the stories of migrants who left the area for a better life in the New World.
Millions of Americans are now getting bigger paychecks as a result of the new tax law. So the government is issuing an online calculator for figuring whether enough money is being set aside.
As ABC News reports, Ron Wyden wrote to the Treasury Department last Friday, arguing that "It is imperative that Congress follow the money and conduct a thorough investigation into any potential money laundering or other illicit financial dealings between the president, his associates, and Russia." Senator Ron Wyden, D-Ore., is probably wasting his time scrutinizing President Trump's 2008 Palm Beach property sale to Russian oligarch Dmitry Rybolovlev.
The Attorney-General's Office has asked the Supreme Administrative Court to push back the legal execution period for the return of PTT's natural gas pipeline, which lapsed in December last year amid a legal dispute, says a Finance Ministry source familiar with the matter. Although the 10-year legal period for the gas transmission pipeline already expired, the Act on Establishment of Administrative Courts and Administrative Court Procedure gives the court a mandate to prolong the period if necessary, the source said.
China's support for Venezuela has benefited ordinary people and been broadly welcomed, the Chinese foreign ministry said on Monday after the United States Treasury accused Beijing of aiding Venezuelan President Nicolas Maduro's government with murky oil-for-loan investments. In a Friday speech at the Centre for Strategic and International Studies, the US Treasury's top economic diplomat, David Malpass, said China's focus on commodities and opaque financing deals had hurt, not helped, countries in the region.
Treasury Secretary Steven Mnuchin on Wednesday called on the Republican-controlled Congress to lift the U.S. debt limit "as soon as possible" so the government can pay federal employee benefits and other obligations. In a letter to congressional leaders and key committee chairmen, Mnuchin said the Treasury Department would continue to suspend payments into federal employee retiree, health and disability funds through Feb. 28. Congress must raise the nation's debt ceiling to avoid a government default.
In this Jan. 26, 2018, photo, Russian President Vladimir Putin chairs a Security Council meeting in Moscow, Russia. The State Department has notified Congress that it will not impose new sanctions on Russia at this time.
A billion-dollar emergency loan approved by Congress to help Puerto Rico deal with the effects of Hurricane Maria has been temporarily withheld by federal officials who say the U.S. territory is not facing a cash shortage like it has repeatedly warned about in recent months. Officials with the Federal Emergency Management Agency and the Treasury Department said in a letter to the director of the island's fiscal agency that Puerto Rico has had a central cash balance exceeding $1.5 billion in the nearly four months since the Category 4 storm.
In a story Dec. 22 about the cost of claims to settle sexual misconduct allegations in Pennsylvania government, The Associated Press erroneously reported the title of House member Frank Dermody. He is the House minority leader, not the majority leader.
The federal government collected a record amount of tax income for the month of November and also had a record level of spending for the month, producing a budget deficit of $138.5 billion, up slightly from a year ago.
The federal government collected a record amount of tax income for the month of November and also had a record level of spending for the month, producing a budget deficit of $138.5 billion, up slightly from a year ago. The November deficit was 1.4 percent higher than a year ago, reflecting in part higher spending to deal with disaster relief and also higher spending by the Treasury Department on interest payments on the national debt, the Treasury Department reported Tuesday.
U.S. House Speaker Paul Ryan on Tuesday defended a one-page analysis by the Treasury Department that asserted a tax plan pushed by the Republican-led Congress would pay for itself in 10 years. FILE PHOTO: Speaker of the House Paul Ryan speaks during his weekly press conference on Capitol Hill in Washington, U.S., November 30, 2017.
The head of a U.S. government agency created to monitor financial markets after the 2007-2009 financial crisis will resign from the post at the end of this year. FILE PHOTO - Office of Financial Research Director Richard Berner is interviewed at the Reuters Financial Regulation Summit in Washington, U.S., May 18, 2016.
The Trump administration on Friday recommended ways to loosen the rules governing the U.S. stock, bond and derivatives markets, proposing a rollback of a variety of tougher requirements adopted in the wake of the 2008 financial crisis. The 220-page report, prepared by the Treasury Department, argues that numerous rules enforced by such agencies as the Securities and Exchange Commission and the Commodity Futures Trading Commission need to be changed to promote stronger economic growth.