The recently established U.S.-China Financial Working Group is set to meet for discussions about financial stability and curbing the flow of fentanyl.
Tag: Treasury Department
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.
White House Considers Easing Sanctions on Israeli Billionaire
A deal to allow the Israeli billionaire Dan Gertler to cash out his mining positions in the Democratic Republic of Congo has enraged human rights activists and some government officials.
U.S. Imposes Sanctions on Chinese Companies for Aiding Russia’s War Effort
The penalties came after top Biden administration officials warned China not to help Moscow restock its arsenal to attack Ukraine.
Handling of Sex Abuse Inquiry Poses Test for World Bank’s Ajay Banga
The bank is facing scrutiny as it debates how to compensate victims of abuse at Kenyan schools that it was financing.