Latest in Department of Treasury
The United States and United Kingdom have issued joint sanctions against members of Trickbot, the first sanctions of their kind from U.K. authorities.
Tornado Cash is a deathless artificial being, animated by magical words to circumvent the law.
There has been a recent bipartisan shift to frame economic issues—among many others—in security terms.
Responsibly privatizing Afghan central bank functions could help alleviate a cascading economic and humanitarian catastrophe.
Ransomware amounts to an ongoing tax by foreign gangs on U.S. governments and industry. If U.S. companies are going to pay extortionate taxes to foreign non-state entities, they should at least have to file a tax return.
The United States needs a theory of sanctions, based on honest reflection and study of how economic pressure can and can’t induce the types of behavioral changes that policymakers aim for.
On Sept. 24, the Federal Register published two proposed rules from the U.S. Treasury Department governing the implementation of provisions from the Foreign Investment Risk Review Modernization Act of 2018 (FIRRMA).
The Justice Department's Office of Legal Counsel (OLC) has released an opinion supporting the Treasury Department's refusal to comply with a congressional request for President Trump's tax returns. The OLC opinion can be read here and below.
Secretary of the Treasury Steve Mnuchin has sent a letter to the House Ways and Means Committee denying that committee access to President Trump's tax returns. The letter is available here and below.
It may not feel like it, but the United States is well into the sixteenth year of two national emergencies. President Bush declared the first emergency on September 14, 2001, in the immediate aftermath of the 9/11 terrorist attacks. This proclamation triggered statutory provisions that gave the President broad authority to increase the size and scope of the military, apportion certain defense funds as he saw fit, and recall retired military forces to active duty.