United States Treasury Department
Coverage of United States Treasury Department in the Nexus archive.
- New US sanctions target billionaire Iranian financier Babak Zanjani
The United States Treasury Department has imposed sanctions against nine firms and four people in the business network of Iranian financier Babak Zanjani for attempting to evade sanctions. The sanctions target key businesses and associates linked to Zanjani.
- Bitcoin tumbles below $79,000 as rising bond yields, inflation worries rattle markets
Bitcoin's price has fallen below $79,000 due to rising bond yields and inflation concerns. This downturn is affecting markets and investor confidence. The cryptocurrency's value is being closely watched by investors and analysts.
- Warren pushed ‘free and easy’ IRS filing system, but docs reveal what she used instead
Senator Elizabeth Warren promoted a free IRS filing system but used a private accountant instead. The Direct File pilot program was launched in Massachusetts but had limitations and low usage. Warren continued to push for the system despite its issues.
- Warren pushed ‘free and easy’ IRS filing system, but docs reveal what she used instead
Senator Elizabeth Warren promoted a free IRS filing system but used a private accountant instead. The Direct File pilot program was launched in Massachusetts for the 2024 tax-filing season, but Warren was ineligible due to not taking the standard deduction. Despite this, she continued to push for the system's expansion.
- US links Tether’s $344M crypto freeze to Iran in sanctions push
The United States has linked Tether's $344 million cryptocurrency freeze to Iran, citing sanctions enforcement. The move highlights tensions over cryptocurrency use in circumventing international financial restrictions.