US to Ease Sanctions on Venezuela's PDVSA If Guaido Takes Over Company - Treasury
MOSCOW (Sputnik) - The United States will soften sanctions on Venezuelan state-owned oil company PDVSA if Caracas transfers control over the company to opposition leader Juan Guaido or any democratically elected government, the US Treasury Department said on Friday.
Pompeo: New Penalties Against Saudi Arabia for Khashoggi Murder Still Possible
WASHINGTON (Sputnik) - The United States is standing by its promise to penalize Saudi Arabia further in response to the murder of columnist Jamal Khashoggi at the Saudi consulate in Istanbul, the US Secretary of State Pompeo said in an interview on Friday.
US House Passes Bill to Reopen Treasury, Federal Tax Agency Amid Border Wall Shutdown
WASHINGTON (Sputnik) - The US House of Representatives passed and sent to the Senate a bill to reopen the Internal Revenue Service (IRS) and the Treasury Department amid a partial government shutdown that has been ongoing since December 22 due to disputes over the funding of a border wall.
US Treasury Sanctions 4 Russian Media Outlets Over Alleged Election Meddling
WASHINGTON (Sputnik) - The sanctioned entities include Federal News Agency, Economy Today, and Nevskiy News, which are linked to Concord Management and Consulting, as well as USA Really website linked to the Federal News Agency, the US Treasury said in a statement on Wednesday.
US Treasury Sanctions 15 GRU Members for Alleged Election Interference
WASHINGTON (Sputnik) — The United States has sanctioned 15 members of Russia's Main Intelligence Directorate (GRU) for taking part in alleged malign activities, including the 2016 US election meddling, hacking the World Anti-Doping Agency, and the nerve agent attack on Sergei Skripal and his daughter, the US Treasury Department said Wednesday.
Washington, Beijing Mull Holding Next Trade Talks in January - US Treasury
WASHINGTON (Sputnik) - US Treasury Secretary Steven Mnuchin said in an interview on Tuesday that he expects trade negotiations to resume between the United States and China in January.
US Sanctions 2 Iranians Over Alleged Ransomware Payments - Treasury Dept.
WASHINGTON (Sputnik) - The United States has imposed sanctions on two Iranian computer experts for alleged facilitating ransomware payments from at least 200 known victims, and also published currency exchange addresses associated with the scheme known as SamSam, the Department of the Treasury announced in a press release on Wednesday.
China Warns Trade War With US Could Escalate Into 'Great Depression & World War'
Washington is considering sanctions against companies and officials linked to China's alleged crackdown on the country's minority Muslims.
He Is Safe at the Fed: Prof on Trump's Possible Pressure on Jerome Powell
Sputnik discussed Trump's clash with Federal Reserve System and situation on oil markets with Judd W. Patton, Professor of Economics at Bellevue University, located in Bellevue, Nebraska.
US Threatens 'Grave Consequences' for Those Who Supply Oil to Syria
The United States claims that an illegal scheme is in place to support Syrian President Bashar Assad and provide financial assistance to Hezbollah and Hamas.
China Cuts US Bond Investments by Almost $14 Bln Amid Trade Row – Report
The developments come amid the US-Chinese trade row which broke out after President Donald Trump slapped tariffs on some Chinese imports in order to fix the $500 billion bilateral trade deficit. Since then, the two sides have exchanged few rounds of import duties on each other despite attempts to resolve the conflict via dialogue.
US Treasury Sanctions 5 Individuals Linked to Hezbollah, One Entity in Palestine
WASHINGTON (Sputnik) - The United States has imposed sanctions on five individuals over their alleged links to Lebanon's Hezbollah, along with militant faction based in Gaza, the Treasury Department's Office of Foreign Assets Control (OFAC) said in a notice on its website on Tuesday.
US Treasury in Talks Over Disconnecting Iran From SWIFT Amid Sanctions
While Mnuchin insisted that the United States wants to ensure that sanctioned transactions with Tehran "do not occur" through SWIFT or any other mechanisms, he also claimed that the Treasury Department would also identify banks that would be allowed to process transactions for humanitarian funding to Iran.
US Extends Deadline for Divestment From Russian Gaz Group Until December 12 - US Treasury
WASHINGTON (Sputnik) - The United States has extended until December 12 the deadline for businesses to divest or transfer debt holdings from Russia's sanctioned GAZ Group, the US Treasury Department's Office of Foreign Assets Control (OFAC) said in a new notice on its website on Friday.
Russia's Monthly Holdings in US Treasury Securities Drops by Over 5%
WASHINGTON (Sputnik) - Russia's ownership of US long and short-term securities dropped by $810 million compared to the previous month, Treasury Department data revealed.
US Budget Deficit Surges $113Bln to $779Bln in Fiscal 2018
WASHINGTON (Sputnik) - The US government spent $779 billion more than it collected in taxes and fees in the 2018 budget year, as increased tax and fee collections from a booming economy failed to keep pace with rising government spending, the US Department of the Treasury and OMB reported in a joint press release on Monday.
US Treasury Mulls Currency Regime Treaties as Part of Trade Talks
Ahead of the US Treasury's highly-anticipated report on international currency manipulations, the department's Secretary Mnuchin is proposing important updates to the international monetary system.
US Treasury Secretary 'Won't Lose Any Sleep' Over China Selling US Bonds
The US treasury secretary is convinced there are "other buyers" for China's stock of more than $1 trillion worth of US securities.
JPMorgan to Pay $5.26Mln to Settle Cuba, Iran Sanctions Breach - US Treasury
WASHINGTON (Sputnik) - JPMorgan Chase Bank has agreed to pay penalties of more than $5.26 million to settle over 87 violations of US sanctions, including measures imposed against Cuba and Iran, the US Treasury said Friday.
Why Foreign Investors are Fleeing US Securities, Turning to Gold, Chinese Bonds
Foreign investors are getting rid of US bonds in 2018 while seeking safe havens amid the instability driven by the Trump administration's sanctions against Iran and Russia and a full-fledged trade war with China.