The Latest Breaking News from Treasury Department

A bank with Cuban American roots in Miami has recently started handling the bank accounts for the Cuban Embassy in Washington, D.C., and the Cuban mission at the United Nations in New York.

A judge has dismissed Arizona Gov. Doug Ducey’s lawsuit challenging the Biden administration’s demands that the state stop sending millions in federal COVID-19 relief money to schools that don’t have mask requirements or that close due to COVID-19 outbreaks

Nine more states have been approved for a piece of nearly $10 billion in relief money being distributed by the federal government to promote small business growth.

U.S. Treasury Secretary Janet Yellen said on Saturday she had productive meetings about a proposed price cap on Russian oil with a host of countries on the sidelines of a meeting of the finance chiefs of the Group of 20 major economies.

U.S. Treasury Secretary Janet Yellen has canceled her visit to the Port of Yokohama during her visit to Japan next week out of deference following the assassination of former Prime Minister Shinzo Abe, a Treasury official said on Saturday.

COVID relief bill bans states from using the money to offset the cost of tax cuts so Republicans are suing

Hotels are crying foul over the new land appraisal rules the Treasury Department is set to apply for the land and building tax from next year, saying the decision could deeply hurt the hospitality sector.

A seized superyacht that U.S. officials say is linked to Suleiman Kerimov is also in U.S. custody.

The Treasury Department has blocked a $1 billion Delaware-based trust connected to sanctioned Russian oligarch Suleiman Abusaidovich Kerimov

The United States on Thursday took enforcement action imposing restrictions against Delaware-based Heritage Trust on the grounds that sanctioned Russian oligarch Suleiman Kerimov holds a property interest, the Treasury Department said.

The US Treasury Department announced Wednesday the transfer of $1.3 billion in economic aid to Ukraine as part of the initial $7.5 billion promised to Kyiv by the Biden administration in May. "With this delivery of economic assistance, we reaffirm our resolute commitment to the people of Ukraine as they…