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18 Nov 2022, 7:14 am by Geoff Schweller
“I strongly support President Biden’s intent to nominate Daniel Werfel to serve as the next Commissioner of the IRS,” said Secretary of the Treasury Janet Yellen. [read post]
18 Nov 2022, 3:00 am by Jim Sedor
National/Federal Conservative Group Pressing States to Adopt Laws Protecting Companies from ‘Political Boycotts’: Report Yahoo News – Jared Gans (The Hill) | Published: 11/11/2022 A conservative group is planning to push state lawmakers across the country to adopt legislation to shield American companies from “political boycotts. [read post]
16 Nov 2022, 10:04 am by Bernice Diaz and David Chidlaw
 In particular, part (1) increases to three times the amount and part (2)—the penalty paid to the Secretary of Treasury—increases to $10,000 per worker, in the case of intentional disregard. [read post]
14 Nov 2022, 11:30 am by Jonathan H. Adler
§ 173.385.2, specifically directs MOHELA to distribute $350 million "into a fund in the State Treasury" for this program. [read post]
14 Nov 2022, 4:44 am by Emma Snell
Treasury Secretary Janet Yellen said that the U.S. was prepared to help China in its efforts to combat COVID-19. [read post]
Writing on behalf of the Department of Treasury, the Internal Revenue Service (IRS), Secretary of the Treasury, and Commissioner of the IRS, Prelogar said, “the particular circumstances of this case [do] not warrant further review. [read post]
6 Nov 2022, 1:09 am by Frank Cranmer
In 2012, my Department and the Treasury became joint funders, with annual funding increased up to £42 million per annum. [read post]
4 Nov 2022, 8:35 am by Simon Lovegrove (UK)
In a letter to the Interim Chair of the Treasury Select Committee, the Economic Secretary to the Treasury, Andrew Griffith MP states that in light of the appointment of the new Prime Minister the Government was unable to take the amendment to include in the Bill a Public Interest Intervention Power in time for the deadline for Committee Stage. [read post]
3 Nov 2022, 6:54 am by Offit Kurman
Department of Treasury issued final regulations under the Corporate Transparency Act (CTA) that will require most small domestic and foreign business entities which are registered to do business in the United States to disclose the identity of their beneficial owners. [read post]
1 Nov 2022, 1:32 pm by jeffreynewmanadmin
The statute authorizes the Secretary of Treasury to offer rewards up to a maximum of $5 million for information leading to the 1) the restraint or seizure; 2) forfeiture; or, 3) repatriation of stolen assets in an account at a US financial institution (including a US branch of a foreign financial institution), that come within the U.S. or that come with the possession or control of any U.S. person. [read post]
31 Oct 2022, 7:02 am by Ronald Mann
From that vantage, giving the treasury secretary the discretion to impose a fine of almost three million dollars for a wholly innocent misunderstanding about American law is a stark overreach. [read post]
31 Oct 2022, 5:33 am by Emma Snell
The report, which cited unnamed sources, suggested that private messages exchanged between Truss and foreign officials while she was foreign secretary – some involving sensitive information about the war in Ukraine – were breached in the supposed cyberattack. [read post]
26 Oct 2022, 10:20 am by Neil H. Buchanan
  In 2014, after Bernanke had served two full four-year terms, Barack Obama replaced him with Janet Yellen (now Joe Biden's Treasury Secretary), and Donald Trump then replaced her (because everything Obama-related had to go) with Jerome Powell, who still serves as Fed chair today.But has the Fed truly been as good as I claimed in my recent column? [read post]
26 Oct 2022, 9:17 am by Tom Smith
Whether that is in fact true is something economists will no doubt debate, but former Treasury Secretary Larry Summers accurately predicted the impact of the bill and warned of its effect. [read post]
20 Oct 2022, 2:26 pm by Tom Smith
At the G-7 finance ministers’ meeting the following month, Treasury Secretary Janet Yellen signed a communiqué on “greening” the financial system to mobilize trillions of dollars needed to meet net zero commitments and supporting adoption of “mandatory climate-related financial disclosures” based on the TCFD framework. [read post]
19 Oct 2022, 2:14 pm by Adam Levitin
The Treasury Secretary's authority to remove the Comptroller is unclear, but at the very least the Treasury Secretary cannot direct the Comptroller to undertake or not take certain actions. [read post]
14 Oct 2022, 8:29 am by Geoff Schweller
On October 4, Senator Ron Wyden (D-OR), Chair of the Senate Finance Committee, sent a letter to Treasury Secretary Janet Yellen and IRS Commissioner Charles Rettig outlining his priorities for the increased funding for the Internal Revenue Service (IRS) offered by the Inflation Reduction Act. [read post]