#Treasury Department
6 articles with this tag
EconomyBank of America Slapped with $1.2 Billion Fine for Sanctions and Anti-Money Laundering Violations
Bank of America has been fined over $1.2 billion by the Treasury Department for violating anti-money laundering and sanctions laws. The bank also agreed to a $750 million penalty from the OCC and an $11.6 million settlement related to sanctions breaches.
EconomyTrump Lifts US Sanctions on Russian Diesel Exports to Combat Surging Fuel Prices
US President Donald Trump has lifted sanctions on Russian diesel exports to lower soaring fuel prices ahead of the midterm elections, drawing criticism from Ukraine.
EconomyUS Targets Russia's VTB Bank in Latest Escalation of Economic Sanctions Against Iran
The US has imposed new sanctions on Russia's VTB Bank for allegedly helping Iran evade economic restrictions as part of an ongoing pressure campaign.
EconomyUS Imposes Major Sanctions on 27 Iranian Airlines to Increase Economic Pressure
The US has placed sanctions on 27 Iranian commercial airlines and 36 total targets as part of an escalating economic pressure campaign led by President Donald Trump's administration and Treasury Secretary Scott Bessent.
EconomyUS Treasury Department Targets Early Next Year for Fast-Track Foreign Investment Initiative
The US Treasury Department expects to launch the Known Investor Programme early next year to streamline foreign investment and enhance review efficiency for frequent filers.
EconomyUS Imposes Sweeping Sanctions on Nearly 60 Entities Targeting Iran’s Economy
The US Treasury Department has imposed sweeping sanctions on nearly 60 individuals and entities across multiple nations to isolate Iran's economy amid ongoing conflict.