U.S. Sanctions Syrians Linked to Alleged Atrocities

WASHINGTON—The U.S. Treasury Department levied sanctions against five senior Syrian security officials and eight prisons accused of committing human-rights abuses, the start of what the Biden administration says will be its campaign to hold the Assad regime accountable for war crimes. Wednesday’s

U.S. Sanctions Cuba Over Protest Crackdown

The Biden administration imposed new sanctions against a top Cuban military official and a special police unit on Thursday and warned of more sanctions ahead, accusing the government and its agents of violence, repression and human-rights violations against peaceful protesters. The Treasury

Infrastructure Talks Stall Over Expanded IRS Powers

WASHINGTON—Disagreements over expanding the Internal Revenue Service have snarled lawmakers’ efforts to firm up their roughly $1 trillion bipartisan infrastructure agreement before an initial vote next week gauging the deal’s support. In an hourslong meeting Thursday afternoon with White House officials, Republicans

Senate Confirms Nellie Liang to U.S. Treasury Post

Nellie Liang will manage the federal debt at a time when the Biden administration is proposing trillions of dollars in new spending. Photo: Rod Lamkey – Cnp/Zuma Press Updated July 15, 2021 12:15 pm ET WASHINGTON—The Senate confirmed former Federal Reserve economist

Yellen Says EU Delay on Digital Tax Helps Global Corporate-Tax Deal

BRUSSELS—Treasury Secretary Janet Yellen thanked European officials for delaying work on a controversial tax on digital services, saying coming negotiations on a proposed global minimum corporate tax should clarify what levies might be allowed. European Union officials on Monday said they would

President Biden Signs Bill to Fund CFTC Whistleblower Program

President Biden has signed into law legislation that would temporarily set up a new account to pay for the operations of the Commodity Futures Trading Commission’s whistleblower program, paving the way for the U.S. derivatives markets regulator to resolve a funding crisis

U.S. Wins Backing for Global Minimum Corporate Tax

The U.S. has won international backing for a global minimum rate of tax as part of a wider overhaul of the rules for taxing international companies, a major step toward securing a final agreement on a key element of the Biden administration’s

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