The Latest Breaking News from Treasury Department

Washington (AFP) - The US announced financial sanctions targeting one of Russia's wealthiest men, Vladimir Potanin, the Treasury Department and State Department said Thursday, adding to efforts that curb Moscow's ability to fund its war in Ukraine.

The US Treasury Department has accused Emmerson Mnangagwa Jr of ties to sanctioned businessman Kudakwashe Tagwirei.

The fix is in. During the Thanksgiving holiday, the Biden administration announced it was quietly reversing policy and allowing limited petroleum imports from Venezuela. The Treasury Department lifted restrictions permitting a six-month deal to ease sanctions so that Chevron petroleum may buy and then ship Venezuelan crude oil to American…

A former director of Haiti’s customs administration and an “immediate” family member are being sanctioned by the U.S. State Department along with relatives of a current member of the Haitian Senate.

US Treasury Department targets several Chinese fishing entities, accusing them of being involved in rights abuses.

The Treasury Department says it's sanctioning a group of companies and people linked to illegal fishing operations and human rights abuses in Chinese waters

The Biden administration levied sanctions on Thursday on prominent Turkish businessman Sitki Ayan and his network of firms, accusing him of acting as a facilitator for oil sales and money laundering on behalf of Iran’s Revolutionary Guard Corps (IRGC). Ayan’s companies have set up international sales contracts for Iranian oil,…

Janet Yellen is set to unveil the first U.S. currency bearing her signature, marking the first time that U.S. bank notes will bear the name of a female treasury secretary

Venezuelan opposition parties are seeking to protect billions of dollars in UN administered humanitarian funds from foreign creditors by keeping the details of their release confidential, according to five people with knowledge of the efforts.

The United States on Thursday sanctioned individuals and companies for allegedly providing financial services to and facilitating weapons procurement for the Lebanese “Hezbollah,” the US Treasury Department stated. “The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) took action against two individuals and two companies based in…

The United States on Thursday sanctioned individuals and companies for allegedly providing financial services to and facilitating weapons procurement for Hezbollah, the U.S. Treasury Department said.