Treasury Sanctions Cambodian Tycoon and Businesses Linked to Human Trafficking and Forced Labor in Furtherance of Cyber and Virtual Currency Scams

WASHINGTON — Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is sanctioning Cambodian businessman Ly…

2 months ago

U.S. Department of the Treasury Highlights the Benefits of Public-Private Partnerships for Main Street and Underserved Rural and Urban Communities

WASHINGTON – The Economic Opportunity Coalition (EOC), launched by Vice President Kamala Harris in July 2022, is a group of…

2 months ago

READOUT: Deputy Secretary of the Treasury Wally Adeyemo’s Meeting with Bank Policy Institute Members

WASHINGTON – Today, Deputy Secretary Wally Adeyemo and Deputy Assistant Secretary Todd Conklin met with Bank Policy Institute leaders and…

2 months ago

Treasury Targets Oil and LPG Smuggling Network That Generates Millions in Revenue for Hizballah

WASHINGTON — Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is sanctioning three individuals, five…

2 months ago

OCC Allows National Banks and Federal Savings Associations in Alabama, Louisiana, Mississippi and Texas Affected by Tropical Storm Francine to Close

WASHINGTON—The Office of the Comptroller of the Currency (OCC) today issued a proclamation allowing national banks, federal savings associations, and…

2 months ago

U.S. Department of the Treasury Awards $4 Million to Nevada to Help Small Businesses in Key Sectors of the Economy Grow and Hire

Funding will support rural and Tribal businesses, healthcare businesses, and advanced manufacturers in the clean energy sector.WASHINGTON – Today, the…

2 months ago

U.S. Department of the Treasury Releases New Data Showing Nearly 50 Million Americans Have Been Covered Through Affordable Care Act Health Insurance Marketplaces Since 2014

1 in 7 U.S. residents covered through Affordable Care Act health insurance marketplaces over the last decade, with all-time high…

2 months ago

Treasury Designates Actors Facilitating Iran’s Transfer of Lethal Aid to Russia

United States and Partners Respond to Iran’s Escalatory Decision to Provide Ballistic Missiles to Russia for its War EffortWASHINGTON —…

2 months ago

Treasury Targets Key Funding Source of Deadly Fentanyl- Trafficking Cartel CJNG

CJNG Fuel Theft Network Deprives Mexico of Revenue while Strengthening CartelWASHINGTON — Today, the Department of the Treasury’s Office of…

2 months ago

U.S. Department of the Treasury Awards $10 Million to Maryland to Support Technical Assistance for Small Businesses in the Mid-Atlantic Region

WASHINGTON – Today, the U.S. Department of the Treasury announced that the Maryland Technology Development Corporation (TEDCO) is being awarded…

2 months ago