Authorities have just identified and moved to seize some assets tied to a new cartel in Mexico that had been quietly working under the radar for year supplying large quantities of heroin into Philadelphia. Soon after the announcement, a Mexican governor rushed to their defense claiming they were not a security threat.
The Department of the Treasury has frozen the U.S.-based assets of the Mexican Laredo Drug Trafficking Organization, a major trafficker of heroin to the U.S.
Both the United States and Saudi Arabia have announced sanctions against four individuals, and two groups they are associated with, based on allegations they have provided financial support to global terrorism.
The Obama administration is reportedly considering more concessions to Iran, possibly including the Treasury Department issuing a license that would “permit offshore financial institutions to access dollars for foreign currency trades in support of legitimate business with Iran, a practice that is currently illegal,” as the Associated Press describes it.
Former Republican candidate for California governor and current Federal Reserve Bank of Minnesota President Neel Kashkari gave a speech Feb. 16 advocating doubling-down on Obama’s disastrous Dodd–Frank law, which has made irresponsible “too big to fail” banks much bigger by crushing well-managed community banks.
On Monday, Iran announced that it had regained access to over $100 billion in previously frozen assets, as a result of its nuclear deal.
An “investigative journalist” on Iran’s state-run PressTV Monday claimed to have discovered why the Obama Administration is both offering sanctions relief to the Ayatollah’s Islamic Republic while also imposing a new round of sanctions on Tehran: “Jewish neocons.”
Taxpayer-funded Planned Parenthood affiliates were among the 24 nonprofits devoting more than half their total spending to influence elections between 2008 and 2013, in an apparent violation of tax rules, says a new report.
A senior U.S. Treasury official claimed Syrian President Bashar al-Assad and clients in Turkey are a few who purchase oil from the Islamic State (ISIS/ISIL).
The Bank of Utah has purchased a Boeing 737 airliner from Al Naser Airlines, an Iraqi company with deep ties to Mahan Airlines – an Iran-headquartered company that assists the Tehran regime in pursuit of its global ambitions, according to
The United States intelligence community is trying to get to the bottom of how the Islamic State (ISIS) terror group has been able to acquire a plethora of Toyota pick-up trucks and SUVs during its holy war in the Middle East.
Reuters reports the U.S. Treasury’s Office of Foreign Assets Control has leveled sanctions against a dozen Turkish shipping and energy companies for doing business with Syria, along with four individuals connected with one of the sanctioned corporations, Milenyum Energy.
“Investigators are blaming two IRS workers at a computer center in West Virginia for erasing thousands of emails related to the tax agency’s tea party scandal, impeding congressional investigations into the treatment of conservative political groups,” reports the Associated Press. “The workers might be incompetent, a lead investigator said Thursday, but there is no evidence they were part of a criminal conspiracy to destroy evidence.”
The ongoing Women on the 20s campaign has been putting pressure on President Barack Obama and Treasury Secretary Jack Lew to Remove Andrew Jackson from the $20 bill. However, it turns out that the United States Treasury Department had another target: Alexander Hamilton. While removing Jackson from our nation’s currency would be a travesty, diminishing Hamilton is a disgrace.
From the Washington Post: Will it be Susan B. Anthony or Harriet Tubman? Eleanor Roosevelt or Rosa Parks? Or another important woman from American history? These will be among the names the nation ponders after the Obama administration’s announcement late Wednesday
In the blizzard of Obama administration scandals, don’t forget the IRS-Lois Lerner saga. That scandal is back in the news because some Lerner emails that were reported “lost” have been recovered, and the Treasury Inspector General seems to think they’re important.
Don’t go spending thatt tax refund just yet. The Obama administration says some 800,000 taxpayers were sent the wrong ObamaCare information, and will have to hold off on filing their returns.
Treasury officials have announced that 3-6 million people will be forced to pay the Obamacare tax penalty for not having health insurance in 2014. This is the first time the Treasury Department has given such an estimate.
Sen. Elizabeth Warren (D-MA) is strongly opposed to Lazard investment banker Antonio Weiss getting a senior spot with the US Treasury Department. To avoid a bruising confirmation that may have bolstered Warren’s profile at the expense of the Obama White House, Weiss has asked that his name be withdrawn and is settling for a less lofty spot.
A progressive group founded by Harvard Law professor Lawrence Lessig is calling on Democrats to “stand with Warren against Obama” in opposing Obama’s nomination of Wall Street executive Antonio Weiss — a man who helped raise big bucks for Obama’s political campaigns.
Sen. Al Franken (D-MN) has joined ranks with other progressives like Sen. Elizabeth Warren (D-MA) to blast President Barack Obama’s nomination of Antonio Weiss as the Treasury undersecretary for domestic finance–a big money banker and one of Obama’s top campaign bundlers.
