Chester County News and Community Website
WASHINGTON, D.C. — The Treasury Department’s Financial Crimes Enforcement Network has directed financial institutions to identify and report suspicious transactions tied to schemes that use stolen, synthetic or voluntarily supplied …
FinCEN Warns Banks of Federal Student Aid Fraud Schemes Read More
WASHINGTON, D.C. — The Treasury Department has flagged more than 4,900 federal payments totaling about $99 million for review after a new verification system identified deceased people as the listed …
Treasury Flags $99 Million in Payments to Deceased People Read More
WASHINGTON, D.C. — The U.S. Department of the Treasury on Saturday launched the full version of its Trump Accounts mobile application, expanding access to a federally backed savings and investment …
Treasury Launches Trump Accounts App as Child Investment Program Expands Read More
WASHINGTON, D.C. — The U.S. Department of the Treasury said financial regulators and industry leaders are seeking clearer rules for artificial intelligence as banks and other financial firms move from …
Treasury Pushes AI Policy Coordination as Finance Adoption Accelerates Read More
WASHINGTON, D.C. — Foreign investors were net buyers of approximately $103.1 billion in long-term U.S. securities in April, according to Treasury Department data, indicating continued demand for U.S. financial assets …
Foreign Investors Added $103 Billion to U.S. Securities in April Read More
WASHINGTON, D.C. — The U.S. Treasury Department has expanded guidance on how financial institutions can share information about suspected fraud, a move aimed at strengthening the banking sector’s ability to …
Treasury Broadens Fraud-Sharing Guidance for Banks Read More
WASHINGTON, D.C. — The U.S. Department of the Treasury’s Financial Crimes Enforcement Network has issued new guidance urging banks and other financial institutions to increase scrutiny of financial activity linked …
FinCEN Warns Banks on Fraud Risks Tied to Unauthorized Employment Read More
WASHINGTON, D.C. — The U.S. Department of the Treasury and the U.S. Mint are moving forward with a commemorative coin program tied to the 2026 FIFA World Cup, with surcharge …
Treasury, U.S. Mint Launch FIFA World Cup Coin Program With Military Youth Focus Read More
WASHINGTON, D.C. — U.S. Sen. John Fetterman is urging the Treasury Department to revive and finalize anti-money-laundering regulations for antiquities dealers, arguing that gaps in federal oversight may allow terrorist …
Fetterman Presses Treasury to Tighten Money-Laundering Rules for Antiquities Trade Read More
WASHINGTON, D.C. — Some medical marijuana businesses could soon gain access to federal tax deductions after a planned policy shift tied to the reclassification of certain cannabis products, federal officials …
Marijuana Tax Shift Could Cut Costs for Some Businesses Read More