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Treasury Announces Enforcement Penalty for Violation of Outbound Program

WASHINGTON, DC – In July 2026, the U.S. Department of the Treasury (Treasury) issued its first civil penalty under the Outbound Investment Security Program (OISP).  Treasury penalized Am...

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Operation Economic Outcast Neutralizes Iranian Regime’s Remaining Shadow Fleet Network

Sanctions Target Iran’s Remaining Illicit Fleet and its Global Support NetworkWASHINGTON—Today, as part of Operation Economic Outcast, the U.S. Department of the Treasury is targe...

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READOUT: Secretary of the Treasury Scott Bessent’s Introductory Call with Republic of Korea Dep...

WASHINGTON—Today, Secretary of the Treasury Scott Bessent spoke virtually with Republic of Korea Deputy Prime Minister and Minister of Finance and Economy Lee Hyoung-il.Secretary...

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Treasury Targets Cartel del Noreste’s Horse Racing Enterprise and Expansive Criminal Network

Sanctions Disrupt CDN’s Integrated Commercial Operations Supporting Violenceand Cross‑Border CorruptionWASHINGTON — Today, the U.S. Department of the Treasury’s Office of Foreign...

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U.S. Treasury Announces Record Enforcement Actions Against Bank of America

Third-Largest Penalty in Treasury History; Largest in OCC HistoryWASHINGTON—Today, the U.S. Department of the Treasury announced enforcement actions imposing more than $1.21 billi...

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Treasury and IRS Move to Protect Health Care Benefits for Eligible Americans

Proposed Rules Implement Working Families Tax Cuts Reforms to Prevent Fraud and Abuse of the Premium Tax Credit WASHINGTON — The U.S. Department of the Treasury (Treasury) and the...

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Statement from U.S. Secretary of the Treasury Scott Bessent for the World Bank Development Comm...

This year’s Annual Meetings of the International Monetary Fund (IMF) and World Bank provide an important opportunity to engage on current global economic challenges as well as our work w...

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Operation Economic Outcast Targets Iran’s International Financial Networks and Shadow Banking A...

Action Disrupts Iraqi Bank Enabling Iranian Sanctions Evasion and Cuts Off Key Foreign Currency LifelinesWASHINGTON—Today, as part of Operation Economic Outcast, the U.S. Departme...

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Operation Economic Outcast Targets Iranian Regime’s Abuse of Religious Charity Networks

WASHINGTON—Today, as part of Operation Economic Outcast, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued an

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Memorandum of Cooperation (MoC) establishing an Australia-Japan Finance Ministerial Dialogue

Date05 October 2026 Australian GovernmentMemorandum of Under...

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