Tagged: US treasury

This image shows a close up of the United States Treasury check and American flag. Concept of stimulus payment, tax refund and federal government grants, loans, benefits and assistance.

Debt Limit Impasse: U.S. Treasury’s Description of Extraordinary Measures

On August 2, 2021, the U.S. Department of the Treasury released a report describing the extraordinary measures being implemented “in order to prevent the United States from defaulting on its obligations as Congress deliberated on increasing the debt limit.”  The four measures discussed in detail are the following:  Suspending sales...

money hanging on laundry line

Combating Terrorist Financing

The U.S. Department of the Treasury released its National Strategy for Combating Terrorist and Other Illicit Financing (Illicit Finance Strategy) describing current government strategies to combat illicit financing of terrorist organizations both domestically and internationally. Transnational criminal organizations, terrorists, and weapons proliferation are the primary drivers of illicit financing activities,...