Category: treasury

Ex-Treasury Official Sentenced to Jail for Leaks Related to Mueller Probe

A former Treasury Department official has been sentenced to six months behind bars for leaking thousands of confidential banking documents, including ones related to former President Donald Trump’s one-time campaign chair Paul Manafort, Russian diplomats in the United States, and the Russia probe led by special counsel Robert Mueller, according to reports. Natalie Mayflower Sours…


Republicans Push Yellen Be Tough on CCP

Senators Marco Rubio (R-Fla.), Ben Sasse (R-Neb.), Tom Cotton (R-Ark.), and Mitt Romney (R-Utah) on Jan. 25 pushed Secretary of the Treasury Janet Yellen to be forceful when dealing with the Chinese Communist Party (CCP) and use economic tools to challenge and decouple from the regime. The four senators sent a letter (pdf) to Yellen shortly…


Republicans Push Yellen to Be Tough on CCP

Senators Marco Rubio (R-Fla.), Ben Sasse (R-Neb.), Tom Cotton (R-Ark.), and Mitt Romney (R-Utah) on Jan. 25 pushed Secretary of the Treasury Janet Yellen to be forceful when dealing with the Chinese Communist Party (CCP) and use economic tools to challenge and decouple from the regime. The four senators sent a letter (pdf) to Yellen shortly…


Senate Confirms Janet Yellen as Secretary of Treasury

The U.S. Senate has confirmed Janet Yellen as the nations’ 78th secretary of Treasury. The 84-15 Senate confirmation vote late Monday marks the first time a female will take up the role, and the oldest to hold the role in recent history. Yellen, 74, is the third member of President Joe Biden’s cabinet to be confirmed. She…


Senate Confirms Janet Yellen as Secretary of the Treasury

The U.S. Senate has confirmed Janet Yellen as the nation’s 78th secretary of the Treasury. The 84–15 Senate confirmation vote late Jan. 25 marks the first time a woman will take up the role. Yellen, 74, is also the oldest to hold the role in recent history. Yellen is the third member of President Joe…


Trump Administration Toughens Ban on Investment in Chinese Military Companies

WASHINGTON—The Treasury Department on Dec. 28 released guidance for investors about the president’s new executive order that bans investment in companies with ties to the Chinese military. The guidelines clarify that the ban will include subsidiaries of all Chinese firms in the Pentagon’s blacklist, handing a clear win to national security advocates. The notice came…


Trump Administration Tightens Ban on Investment in Chinese Military Companies

WASHINGTON—The Treasury Department on Dec. 28 released guidance for investors about the president’s new executive order that bans investment in companies with ties to the Chinese military. The guidelines clarify that the ban will include subsidiaries of all Chinese firms in the Pentagon’s blacklist, handing a clear win to national security advocates. The notice came…


Treasury Has Not Seen Any Damage From Widespread Hack: Mnuchin

A recent hacking campaign of U.S. agencies, believed the be the biggest ever to be uncovered, impacted the Treasury Department’s unclassified systems, but the department has not seen any damage, Treasury Secretary Steven Mnuchin said in a CNBC interview on Monday. “We do not see any breaking into our classified systems. Our unclassified systems did…