As the U.S. Treasury Department decides whether to license sales of Boeing Co and Airbus commercial aircraft to Iran, opponents of last year’s nuclear pact with the Islamic Republic have launched a lobbying campaign against the deals.
The Obama administration imposed sanctions for the first time Wednesday on North Korean leader Kim Jong Un for his alleged role in perpetuating widespread human rights abuses.
The federal government collected a record amount of taxes in the first 10 months of fiscal year 2015, exceeding $2.6 trillion in revenue, according to the latest monthly Treasury Department statement. Despite the record revenue, the federal government ran a deficit of $465 billion.
The Treasury Department announced Wednesday that it would be making a new $10 bill, replacing Alexander Hamilton with a woman. The verdict knocked the creator of the musical “HAMILTON” off his feet.
The Treasury Department defended changes to the transparency website USASpending.gov on Wednesday, saying that the redesign is in line with the Obama administration’s track record on transparency.
The Senate’s top Democrat is proud of securing taxpayer backing for a green energy company accused by former employees of fraudulently obtaining federal grant money, his office said this week.
The Treasury Department faces difficulties as it mounts a program to cut off funding to Islamic State (IS) terrorists that are currently raising “tens of millions” each month through oil sales, ransoming hostages, criminal activities, and donations from wealthy Islamist sympathizers.
Viacom is turning to former Democratic Rep. Howard Berman (Calif.) to help it navigate its business in Russia around the latest round of sanctions placed on Putin’s regime, according to Politico.