The Treasury Department’s deputy secretary, Wally Adeyemo, has been leading the effort to crack down on evasion and to coordinate with Europe.
Author: ALAN RAPPEPORT
Yellen Says Aim Is ‘Maximum Pain’ for Russia Without Hurting U.S.
The Treasury secretary told a House committee that the U.S. would continue finding ways to punish Russia for its invasion of Ukraine.
U.S. Levels New Sanctions on Russian Tech Companies
Some of the new sanctions focus on organizations that supply or support Russia’s defense sector.
Amid Invasion of Ukraine, I.R.S. Aims to Police Oligarch Sanctions
It wants to add agents to a 3,000-person investigations unit to help crack down on attempts by Russian oligarchs to evade sanctions.
IMF Warns Ukraine-Russia War Will Likely Slow Global Growth
The economic fallout from Russia’s invasion will depend on the outcome of the war and the duration of the sanctions.
US Escalates Sanctions With a Freeze on Russian Central Bank Assets
The action is likely to fuel rapid inflation in Russia as it wages war in Ukraine.
Sanctions on Russia pose new threat to a fragile global economy.
Armed conflict could exacerbate supply chain disruptions and drive food, gas and other prices higher.
What a Disconnect From Swift Would Mean for Russia
A Belgian financial messaging service is once again at the center of an international sanctions fight.
A Global Tax Deal Is at Hand. Here’s How It Would Work.
President Biden will sign on to an international pact aimed at ending profit-shifting by large companies. Here’s a look at what it means.