Treasury Department

US proposes rules to stop Americans from investing in Chinese technology with military uses

US proposes rules to stop Americans from investing in Chinese technology with military uses

Politics
Amanda Smith

WASHINGTON (AP) — The Treasury Department on Friday fleshed out a proposed rule that would restrict and monitor U.S. investments in China ...

White House to nominate Goldsmith Romero soon, aiming for July hearing

White House to nominate Goldsmith Romero soon, aiming for July hearing

Politics
Amanda Smith

By Chris Prentice NEW YORK (Reuters) -The White House will nominate markets regulator Christy Goldsmith Romero as Federal Deposit Insurance Corporation chair ...

Markets worry Treasury yields could jump back to levels that sparked chaos last October

Markets worry Treasury yields could jump back to levels that sparked chaos last October

Business
Jessica Roberts

wsmahar/Getty Images The benchmark 10-year Treasury yield is hovering below levels that caused a massive crash last fall. Yet, persistent inflation and ...

US loosens some electric vehicle battery rules, potentially making more EVs eligible for tax credits

US loosens some electric vehicle battery rules, potentially making more EVs eligible for tax credits

Politics
Amanda Smith

DETROIT (AP) — The U.S. government on Friday loosened some rules governing electric vehicle tax credits, potentially making more EVs eligible for ...

It’s going to be a massive week for the stock market

It’s going to be a massive week for the stock market

Business
Jessica Roberts

Reuters / Scott Olson It’s a big week for the stock market with a deluge of economic data set to be released. ...

US sanctions fundraisers for extremist West Bank settlers who commit violence against Palestinians

US sanctions fundraisers for extremist West Bank settlers who commit violence against Palestinians

Politics
Amanda Smith

WASHINGTON (AP) — The Biden administration on Friday imposed sanctions on two entities accused of fundraising for extremist Israeli-occupied West Bank settlers ...

Treasury proposes new anti-money laundering regulations for investment advisers

Treasury proposes new anti-money laundering regulations for investment advisers

Politics
Amanda Smith

WASHINGTON (AP) — The Biden administration is rolling out new recordkeeping rules for U.S. investment advisers in its continued effort to clamp ...

A Lucrative Tax Credit for Making Clean Fuel Won’t Be So Easy to Get

A Lucrative Tax Credit for Making Clean Fuel Won’t Be So Easy to Get

Politics
Amanda Smith

WASHINGTON — The Biden administration on Friday issued its long-awaited plan to provide lucrative tax breaks to companies that make hydrogen, a ...

US Treasury’s financial crimes unit lays out access plan for shell company data

US Treasury’s financial crimes unit lays out access plan for shell company data

Politics
Amanda Smith

(Reuters) – The U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) on Thursday detailed its plan for granting access to new data ...

US Treasury Department issues guidelines around a new tax credit for sustainable aviation fuel

US Treasury Department issues guidelines around a new tax credit for sustainable aviation fuel

Politics
Amanda Smith

The Biden administration released long-awaited guidance on Friday around tax credits for aviation fuel that reduces emissions of greenhouse gases compared with ...