The chilling effects of the Treasury Department’s unprecedented sanctions against code itself are being felt well beyond the cryptocurrency community, threatening the entire open source software ecosystem, and raising existential questions for all privacy-promoting technologies.
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What happened now in the fight over Trump’s tax returns?
Humanitarian groups often express frustration with U.S. sanctions, which can hinder the deliver of aid during crises and make banks reluctant to work with them, but there are ways to bridge this gap.
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.
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.