President-elect Donald Trump's pick for Treasury secretary, Scott Bessent, said on Thursday that the dollar should remain the ...

On 10 January 2025, the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced a package of new sanctions ...

Good afternoon and happy Thursday, readers! The big news of the day is from Doug Burgum’s and Lee Zeldin’s nomination hearings. But there’s also news on the future of Russia sanctions, and more.

U.S. Treasury nominee Scott Bessent on Thursday faced sharp questions from both Democrats and Republicans on tax policy, ...

Scott Bessent said passing new tax legislation is a huge economic concern for the country, including for working- and middle-class families.

The latest US sanctions on oil tankers used to haul Russian petroleum look set to cause severe disruption across the nation’s ...

In the final days of Joe Biden’s presidency, the US unveiled its most sweeping and aggressive effort yet to disrupt the oil ...

On Jan. 10, the U.S. Treasury announced fresh measures to deplete Russia’s energy revenues, including on 183 vessels, largely ...

The latest round of U.S. sanctions against Russian oil announced last Friday could significantly disrupt the country's oil ...

It remains to be seen how the incoming Trump administration will handle enforcement.

Last week, authorities in Russia’s southern ... described the oil spill as a “large-scale environmental disaster” and called for additional sanctions on Russian tankers.

As Bloomberg News has reported, President Joe Biden is considering ramping up sanctions on ... than to squeeze the oil and gas revenue that funded nearly one-third of Russia’s federal budget ...