Department of Treasury
Coverage of Department of Treasury in the Nexus archive.
- U.S. revokes Iran oil waivers after Iranian attacks in Strait of Hormuz
The Trump administration revoked temporary waivers allowing Iran to sell oil in response to Iranian attacks on ships in the Strait of Hormuz. The U.S. cited Iran's 'unacceptable' actions as a reason for the revocation, emphasizing that benefits under the memorandum of understanding depend on Iran's behavior.
- Trump administration releases scaled-back AI executive order
The Trump administration released a revised executive order on artificial intelligence that reduces federal oversight compared to a previous draft. The order maintains a voluntary framework for AI companies to share models with the government for up to 30 days, avoids mandatory requirements, and emphasizes protecting innovation from regulatory burdens.
- Trump officials negotiating access to Anthropic's Mythos despite blacklist
The White House and Anthropic are negotiating access to the AI model Mythos for federal government use despite the Pentagon's efforts to blacklist the company as a supply chain risk. Civilian agencies like the Departments of Energy and Treasury seek Mythos' capabilities for national security, while the Pentagon bars Anthropic from military contracts due to litigation. The Office of Management and Budget is evaluating agency access to Mythos.