Search For "treasury department"
US Treasury Department assures security of payment system after backlash o
Updated : 1 year, 1 month ago IST
The US Department of the Treasury on Tuesday clarified that it is neither halting nor denying federal spending and remains committed to protecting the nation's payment infrastructure, according to a report by the New York Times.
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Elon Musk serving as 'special govt employee' in Trump administration: Whit
Updated : 1 year, 1 month ago IST
That designation implies that Musk, who has been in Trump administration, is not a volunteer but also not a full-time federal employee.
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China in 2025- More trouble lies ahead
Updated : 1 year, 2 months ago IST
One critical area to watch in the coming year will be Sino-US relations after Donald Trump begins his second presidential term. Since Trump's election on November 5, 2024, and even before he is inaugurated on 20 January, China has pulled off many outrageous feats and set preconditions for
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Lawmakers demand answers after China-backed hackers breach US Treasury
Updated : 1 year, 2 months ago IST
A recent breach of the US Treasury Department, attributed to China-backed hackers, has sparked alarm among lawmakers. The breach, which involved a third-party software provider, compromised unclassified documents and workstations. Senators have called for a briefing within eight days, while
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Chinese cyberattack targets US Treasury: Workstations compromised, documen
Updated : 1 year, 2 months ago IST
In a "major incident" of a cyber-attack, A China state-sponsored actor gained access to US Treasury workstations and classified documents, US Treasury Department notified congress on Monday (local time).
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Donald Trump picks Scott Bessent as next Treasury Department Secretary
Updated : 1 year, 3 months ago IST
Trump described Bessent as "A lifelong Champion of Main Street America and American Industry", and said that Scott will work for Trump's policies to drive American competitiveness, stop "unfair trade imbalances", and help create an economy that places growth at the forefront.
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US sanctions 3 Chinese nationals, 3 Thai entities over cyberfraud linked t
Updated : 1 year, 9 months ago IST
The US Department of the Treasury's Office of Foreign Assets Control (OFAC) on May 28 designated three individuals, Yunhe Wang, Jingping Liu, and Yanni Zheng, for their activities associated with the malicious botnet tied to the residential proxy service known as 911 S5. OFAC also sanctioned
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US sanctions Russian entities, persons over North Korea-linked weapons tra
Updated : 1 year, 10 months ago IST
Meanwhile, Russia's Deputy Foreign Minister Sergey Ryabkov in an interview with state media TASS said that Moscow may lower the level of diplomatic relations with Washington if certain scenarios unfold and "if the West chooses the path of escalation."
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US sanctions three Iran weapons procurement networks
Updated : 1 year, 11 months ago IST
The United States on Wednesday imposed new sanctions on three procurement networks that are supporting Iran's ballistic missile, nuclear and defense programmes, the Treasury Department said in a statement.
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US sanctions Hong Kong, UAE firms over 'financial support' to Houthi rebel
Updated : 2 years, 2 months ago IST
Amid concerns over the attacks by armed Houthi rebels on merchant vessels in Red Sea, the Office of Foreign Assets Control (OFAC) of the US Treasury Department on Friday sanctioned two shiiping companies based in Hong Kong and the United Arab Emirates for providing financial support to th
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US announces new sanctions against Iran-backed militia groups, designates
Updated : 2 years, 3 months ago IST
"KSS terrorist activity has threatened the lives of both US and Global Coalition to Defeat ISIS personnel in Iraq and Syria," US Secretary of State Antony Blinken said in a statement.
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US labels Palestinian Islamic Jihad leader a 'Global Terrorist', sanctions
Updated : 2 years, 4 months ago IST
Tuesday's actions were the latest penal measures taken in response to the October 7 Hamas attack against Israel, and both the designation and sanctions are intended to imped individuals' and organisations' access to resources and funding.
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