Tag: Treasury Department
Senators Denounce Trump Administration’s Response to Myanmar Quake
Democratic senators sent a letter to the Trump administration on Wednesday criticizing what they called the paltry U.S. aid response to the earthquake...
Bessent to Skip G20 Finance Ministers Meeting in South Africa
Treasury Secretary Scott Bessent will skip a meeting of finance ministers and central bankers from the Group of 20 nations in Cape Town...
Trump’s Executive Order to End E.V. Subsidies Draws Pushback
If President Trump has his way, the auto industry’s transition to electric vehicles will soon slam into reverse. He will erase tax credits...
U.S. Says Sudan’s R.S.F. Committed Genocide and Sanctions Its Leader
The United States declared on Tuesday that a genocide took place in Sudan, drawing fresh attention to the scale of atrocities in Africa’s...
U.S. Hits Chinese Cybersecurity Company With Sanctions After Breach
The Treasury Department imposed sanctions on a Beijing-based cybersecurity company on Friday, blaming it for helping Chinese hackers infiltrate U.S. communications systems and...
After Fierce Lobbying, Treasury Sets Rules for Billions in Hydrogen Subsidies
The Biden administration on Friday made final its long-awaited plan to offer billions of dollars in tax credits to companies that make hydrogen,...
