Treasury Department

Bank of America Faces Congressional Probe Over January 6 Information-Sharing

In the latest development surrounding the investigation into banks' handling of customer information during the January 6, 2021, Capitol attack,…

2 years ago

US Regulators Seize Control of First Republic Bank

The US regulators have seized control of First Republic Bank, making it the third financial institution taken under government control…

3 years ago

EXCLUSIVE Chinese defence firm has taken over lifting Venezuelan oil for debt offset -sources

China has entrusted a defence-focussed state firm to ship millions of barrels of Venezuelan oil despite U.S. sanctions, part of…

3 years ago

EXCLUSIVE New York City to auction sanctioned Venezuelan mogul’s apartment

New York City plans next month to auction a midtown Manhattan apartment owned by a Venezuelan media mogul with ties…

3 years ago

Explainer: U.S. Treasury pushes Russia towards default: What next?

The lapse of a key U.S. license allowing Russia to make payments on its sovereign debt to U.S. holders has…

3 years ago

Proposed China investment curb by U.S. sparks debate among chipmakers

Chipmakers are divided over how aggressively to oppose a legislative proposal that would give the U.S. government sweeping new powers…

4 years ago

U.S. stops Russian bond payments, raising pressure on Moscow

The United States stopped the Russian government on Monday from paying holders of its sovereign debt more than $600 million…

4 years ago

Japan urges crypto firms to comply with sanctions against Russia

Japanese authorities ordered crypto exchanges on Monday not to process transactions involving crypto assets subject to asset-freeze sanctions against Russia…

4 years ago

Bitcoin jumps after apparent Yellen statement quells U.S. clampdown fears

Bitcoin led a rally in cryptocurrencies on Wednesday after what appeared to be a prematurely published U.S. Treasury statement allayed…

4 years ago

Analysis: Biden’s regulatory agenda to take shape in 2022

Next year will be a turning point for U.S. financial policy as Democratic President Joe Biden's new regulators ready a…

4 years ago