Janet Yellen says Treasury will need to take 'extraordinary measures' to avoid default next month
The notification to Congress is the clearest sign yet that the fight to avoid default will likely take place in the early ...
New York Post1h
‘Extraordinary measures’ needed by mid-January to keep US from defaulting on national debt, Treasury Secretary Janet Yellen warns Congress
at which time it will be necessary for Treasury to start taking extraordinary measures,” Yellen wrote. “I respectfully urge ...
US appeals court halts enforcement of anti-money laundering law
A U.S. appeals court has halted enforcement of an anti-money laundering law that requires corporate entities to disclose the ...
Here's what to know about the CTA and its Jan. 13 rule for small businesses to register with FinCEN
The Corporate Transparency Act, or CTA, requires some businesses to register with FINCEN next month, or face fines. Here's ...
The New York Times7h
Enforcement of Anti-Money-Laundering Law Blocked After Court Reversal
By Mattathias Schwartz Millions of corporate entities will not have to share information about their owners with the ...
koaa1h
Local impact as deadline for small businesses to file new form with U.S. Treasury Department approaches
According to NBC, the U.S. Department of the Treasury first delayed the compliance deadline of January 1 when a federal court in Texas issued a temporary injunction on December 3, 2024 because of ...
Sun City West Independent7h
Trump plan to abolish the Department of Education raises concerns for Arizona schools
Arizona educators worry that President-elect Donald Trump will follow through on a campaign promise to eliminate the ...
JD Supra10h
Corporate Transparency Act Enforceable With Extended Deadlines Following Actions of Fifth Circuit and FinCEN
On December 23, 2024, the US Court of Appeals for the Fifth Circuit granted an emergency motion for a temporary stay pending ...
Treasury sanctions North Korean money laundering network
The Treasury Department said on Tuesday that it has sanctioned two individuals, and one entity involved with illegally ...
decrypt6d
United States of Bitcoin? These States Are Considering BTC Reserves
Multiple U.S. states are reviewing Bitcoin reserve bills, while crypto advocates are pushing for similar proposals in other ...