Office of Foreign Assets Control

Carlos Paez Pereda, accused leader of the Sinaloa Cartel's Los Rugrats wing, faces narcoterrorism and drug trafficking charges. The Justice Department alleges he orchestrated a violent drug distribution network, facilitated cartel conflicts, and laundered millions. Federal agencies including the FBI and DEA are involved in the case.

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.

Colombian President Gustavo Petro spoke with Donald Trump in a phone call, requesting the removal of OFAC sanctions on him and his family. Trump stated he would do his best to review the case, while the White House did not confirm the conversation.

The U.S. Treasury imposed sanctions on individuals and companies linked to the Jalisco New Generation Cartel for a fuel theft and tax evasion scheme generating millions annually. Treasury also issued an alert to financial institutions about red flags for fuel smuggling from the U.S. into Mexico, as the cartel expands beyond drug trafficking.

The U.S. Treasury imposed sanctions on two Mexican men and nine companies linked to fuel theft and tax evasion for the Jalisco New Generation Cartel, while issuing a bank alert to identify fuel smuggling red flags. Treasury Secretary Scott Bessent emphasized the cartel's expansion beyond drug trafficking to generate revenue.

The U.S. Treasury imposed sanctions on two Mexican men and nine companies linked to the Jalisco New Generation Cartel for involvement in a fuel theft ring. It also issued a bank alert highlighting red flags for fuel smuggling and tax evasion schemes. The Treasury Secretary emphasized the cartel’s expansion beyond drug trafficking, while the DEA noted its presence in 21 Mexican states.

The U.S. Treasury imposed sanctions on two Mexican men and nine companies linked to the Jalisco New Generation Cartel (JNGC) for involvement in a fuel theft ring evading Mexican taxes. Treasury also issued a bank alert to financial institutions warning of fuel smuggling schemes tied to the cartel, which has expanded beyond drug trafficking to generate revenue.

The Trump administration is removing decades of sanctions on Iran as part of a deal to end the war, including authorizing oil sales and frozen funds. A 14-point memorandum signed with Iran outlines a schedule for sanctions removal and 60-day waivers, but challenges remain in implementation and potential disagreements.

Three International Criminal Court judges have sued US President Donald Trump and his administration, alleging sanctions were imposed for their work on ICC investigations involving Israel and the United States. A New York federal court has ordered the government to respond to the lawsuit within 60 days.

The U.S. Treasury imposed sanctions on Lebanese officials and members of the Alaa Hassan Hamieh business network for obstructing Lebanon’s peace process and delaying Hezbollah’s disarmament. The sanctions also target individuals in Lebanon, Syria, Iraq, and Oman who raise funds and operate front companies to support Hezbollah, an Iran-backed militant group.

The Federal Reserve proposed new customer identification rules for payment stablecoin issuers, aligning them with anti-money laundering standards applied to traditional banks. The rules, part of regulatory efforts under the Genius Act signed by President Trump in July 2025, require stablecoin issuers to collect customer details like legal names and government IDs. Federal Reserve Governor Michael Barr highlighted risks such as reserve asset quality and regulatory arbitrage, urging detailed rulemaking to address gaps.

The US Treasury's Office of Foreign Assets Control sanctioned Iranian crypto exchanges, including Nobitex, for enabling illicit finance activities linked to terrorist financing. The action targets Iran's crypto ecosystem to disrupt illegal financial flows.

Hasan Piker, a Marxist political influencer, defended pro-communist activists linked to tech tycoon Neville Roy Singham, calling them 'wonderful people' and denying any illegal activities. Singham's network has funded anti-ICE protests in multiple U.S. cities, while federal investigators scrutinize Piker and Code Pink over travel to Cuba.

CodePink co-founder Medea Benjamin confirmed a Treasury Department inquiry into her organization's Cuba trip, part of the Trump administration's increased scrutiny of nonprofits. Treasury Secretary Scott Bessent emphasized holding nonprofits accountable for supporting unlawful activities.

CodePink co-founder Medea Benjamin confirmed receiving an inquiry from the Treasury Department's Office of Foreign Assets Control regarding a March trip to Cuba. The inquiry is part of the Trump administration's efforts to increase federal scrutiny of nonprofit organizations operating in foreign-policy and activist spaces, following directives to enforce laws against entities supporting political violence.

CodePink co-founder Medea Benjamin confirmed the Treasury Department's Office of Foreign Assets Control (OFAC) issued an administrative subpoena regarding her organization's March Cuba trip. The inquiry aligns with the Trump administration's broader scrutiny of nonprofits under sanctions laws, as Treasury Secretary Scott Bessent emphasized accountability for groups supporting political violence or unlawful activity.

Medea Benjamin of CodePink confirmed an inquiry from the Treasury Department's Office of Foreign Assets Control (OFAC) about a March trip to Cuba. The Trump administration is intensifying scrutiny of nonprofits linked to foreign policy and activism, with Treasury Secretary Scott Bessent emphasizing legal accountability for organizations supporting unlawful activities or political violence.

Republican lawmakers support a Treasury Department investigation into Hasan Piker's Cuba trip, alleging potential legal violations. A Jewish advocacy group also requested a Justice Department probe, claiming Piker acted as an unregistered agent for Cuba. The investigation is linked to a broader probe involving Neville Roy Singham and his funded organizations.

Donald Trump claims a deal to reopen the Strait of Hormuz has been largely negotiated, but the White House dismisses Iranian media reports as fabrications. Reestablishing safe shipping through the strait faces delays due to lingering mines and uncertainty, while Trump's past false claims and ongoing military strikes highlight the volatility of the situation.

Hasan Piker, a far-left influencer, publicly linked tech tycoon Neville Roy Singham to a network of pro-communist U.S. nonprofits, including CodePink, ANSWER Coalition, and Party for Socialism and Liberation (PSL), alleging they engage in political advocacy under tax-exempt status. Piker and CodePink co-founder Susan Medea Benjamin were subpoenaed by the Treasury Department for allegedly violating sanctions against the Communist Party of Cuba during a 2023 trip.

Marxist influencer Hasan Piker criticized a federal investigation into his Cuba trip as political repression, claiming it targets his anti-Israel activism and anti-capitalist rhetoric. The Treasury Department's Office of Foreign Assets Control subpoenaed Piker and CodePink co-founder Medea Benjamin over potential sanctions violations.

Marxist influencer Hasan Piker and CodePink co-founder Medea Benjamin are under federal investigation for their recent Cuba trips, which Piker claims is politically motivated retaliation against his anti-Israel and anti-US rhetoric. Piker asserts his trip was legally cleared by the Treasury Department's Office of Foreign Assets Control, but he frames the inquiry as part of broader efforts to suppress anti-capitalist and anti-Israel activism.

The US has imposed new sanctions targeting fentanyl distribution linked to the Sinaloa Cartel, with over 12 entities and individuals sanctioned. The sanctions aim to disrupt the cartel's fentanyl trafficking networks. The move is part of US efforts to combat the opioid crisis.