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Tag: Treasury Department

World

U.S. Says Sudan’s R.S.F. Committed Genocide and Sanctions Its Leader

January 7, 2025January 7, 2025DECLAN WALSHComments Off on U.S. Says Sudan’s R.S.F. Committed Genocide and Sanctions Its Leader

A force fighting Sudan’s army in a brutal civil war committed massacres and rape that amount to genocide, the Secretary of State said, two decades after a finding of genocide in the same region.

World

Treasury Dept. Hits Chinese Tech Company With Sanctions After Breach

January 3, 2025Zach MontagueComments Off on Treasury Dept. Hits Chinese Tech Company With Sanctions After Breach

The agency imposed penalties on a company it blamed for supporting the Chinese hacking group Flax Typhoon in a 2022-23 infiltration.

World

After Fierce Lobbying, Treasury Sets Rules for Billions in Hydrogen Subsidies

January 3, 2025January 3, 2025BRAD PLUMERComments Off on After Fierce Lobbying, Treasury Sets Rules for Billions in Hydrogen Subsidies

With a lucrative tax credit, the Biden administration is hoping to establish a new industry that might help fight climate change.

World

China Hacked Treasury Dept. in ‘Major’ Breach, U.S. Says

December 30, 2024December 31, 2024Ana SwansonComments Off on China Hacked Treasury Dept. in ‘Major’ Breach, U.S. Says

The episode comes at a particularly sensitive moment, just as the Biden White House is dealing with one of the most far-reaching, and damaging, hacks into American infrastructure in the cyberage.

World

Biden Announces $2.5 Billion in Security Aid to Ukraine

December 30, 2024December 30, 2024HELENE COOPERComments Off on Biden Announces $2.5 Billion in Security Aid to Ukraine

The Treasury Department also released an additional $3.4 billion in budget aid as the Biden administration rushes assistance to Kyiv in its final weeks in office.

World

Biden Administration Looks to Reinforce U.S.-China Ties Ahead of Trump’s Return

December 11, 2024December 11, 2024ALAN RAPPEPORTComments Off on Biden Administration Looks to Reinforce U.S.-China Ties Ahead of Trump’s Return

Senior Treasury officials are holding a final round of talks with a new round of economic volatility on the horizon.

World

U.S. Allows Americans to Hold Foreign Conferences With Speakers Under Sanctions

November 12, 2024CHARLIE SAVAGEComments Off on U.S. Allows Americans to Hold Foreign Conferences With Speakers Under Sanctions

Reversing itself, the Treasury Department said U.S. sanctions do not prohibit hearing from foreigners deemed to be terrorists or other offenders.

World

U.S. Raises New Concerns Over Chinese Lending Practices

October 1, 2024October 2, 2024ALAN RAPPEPORTComments Off on U.S. Raises New Concerns Over Chinese Lending Practices

A Treasury official will call for greater transparency over emergency currency “swap” loans to struggling countries by China’s central bank.

World

U.S. Accuses Russian TV Network of Conducting Covert Intelligence Acts

September 13, 2024September 13, 2024Steven Lee Myers and Michael CrowleyComments Off on 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.

World

US Sanctions Venezuelan Officials in Response to Disputed Election

September 12, 2024September 12, 2024Genevieve GlatskyComments Off on 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.

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