A Treasury official will call for greater transparency over emergency currency “swap” loans to struggling countries by China’s central bank.
Tag: Treasury Department
U.S. Accuses Russian TV Network of Conducting Covert Intelligence Acts
Sanctions announced on Friday are an effort to undercut RT by making it difficult for the network to conduct global business in dollars.
US Sanctions Venezuelan Officials in Response to Disputed Election
The sanctions against 16 government officials appointed by the authoritarian president of Venezuela were seen as unlikely to be effective by observers and analysts.
U.S. Officials to Visit China for Economic Talks as Trade Tensions Rise
The recently established U.S.-China Financial Working Group is set to meet for discussions about financial stability and curbing the flow of fentanyl.
How Janet Yellen Became an Unlikely Culinary Diplomat
The Treasury secretary views food as a way to connect, and her dining decisions have become the subject of global intrigue.
New Plan to Target Russia’s Oil Revenue Brings Debate in White House
Treasury officials want to impose penalties on tankers that help Russian oil evade sanctions. White House aides worry that risks making gasoline more expensive.
U.S. Unveils Rules to Curb Investments in Chinese Technology
The Treasury Department unveiled rules to curb financing of Chinese semiconductors, quantum computers and artificial intelligence systems.
U.S. Expands Sanctions on Russia as G7 Leaders Gather
The Biden administration is taking new measures aimed at stopping China from helping the Kremlin sustain its war effort against Ukraine. U.S. officials hope European nations will take similar steps.
Biden Moves to Open U.S. Banks to Cuba’s Private Sector
The rules will allow Cuban entrepreneurs to open bank accounts in the United States, making it easier for them to expand and encouraging other Cubans to start businesses.
Carbon Offsets, a Much-Criticized Climate Tool, Get Federal Guidelines
The new principles aim to define ‘high-integrity’ offsets amid concerns that current practices often don’t cut greenhouse gas emissions as claimed.