Category Archives: U.S. Treasury

WASHINGTON – The U.S. Department of the Treasury today released the National Strategy 2020 on behalf of the Financial Literacy and Education Commission (FLEC).  The National Strategy details the federal government’s financial literacy priorities and underscores its plan to collaborate with state, local, and tribal governments and the private sector to strengthen financial capability for […]

WASHINGTON – U.S. Treasury Secretary Steven T. Mnuchin issued the following statement on the Election of Mauricio Claver-Carone as President of the Inter-American Development Bank: “I congratulate Mauricio Claver-Carone on his election as President of the Inter-American Development Bank (IDB) and thank outgoing President Luis Alberto Moreno for his service to the institution.  The Western […]

Washington – Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated four Russia-linked individuals for attempting to influence the U.S. electoral process. Russia uses a variety of proxies to attempt to sow discord between political parties and drive internal divisions to influence voters as part of Moscow’s broader efforts to undermine […]

Washington – Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned former Lebanese government ministers Yusuf Finyanus and Ali Hassan Khalil, who provided material support to Hizballah and engaged in corruption. These designations underscore how some Lebanese politicians have conspired with Hizballah at the expense of the Lebanese people and […]

WASHINGTON – Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated four key figures that have facilitated the illegitimate Maduro regime’s efforts to undermine the independence and democratic order of Venezuela. These individuals include David Eugenio De Lima Salas, Reinaldo Enrique Muñoz Pedroza, Indira Maira Alfonzo Izaguirre, and Jose Luis […]

Treasury Designates Front Companies of Triliance Petrochemical and Zagros Petrochemical Washington – Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated six entities for their support to Triliance Petrochemical Co. Ltd. (Triliance), an entity designated by Treasury in January 2020, and related activities. These entities, based in Iran, UAE, and […]

Washington – Today, the U.S. Department of the Treasury and the State of Delaware announced a Memorandum of Understanding (MOU) setting forth information sharing procedures between the Office of Foreign Assets Control (OFAC) and the State of Delaware Department of Justice.  This MOU is intended to: Promote the sharing of certain U.S. economic sanctions-related information […]