tag US Treasury Department

Pretoria Seeks OFAC License to Work With Iran

EghtesadOnline: South African’s ambassador to Iran has said his country is negotiating with the Office of Foreign Assets Control of the US Treasury Department to get a license for South African banks to work with their Iranian peers.
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Publish Date:15/February/2018 | 09:04

Iranians all strongly standing by IRGC: Zarif

EghtesadOnline: Iran’s Foreign Minister Mohammad Javad Zarif has slammed a move by the US Treasury Department to blacklist the Islamic Revolution Guards Corps (IRGC), saying Iranian people from all walks of life strongly support the defenders of the country and the region against terrorism.
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Publish Date:16/October/2017 | 15:05

Embraer eyeing US approval for Iran plane sales

EghtesadOnline: Brazil’s regional jet maker Embraer says it is still waiting for an approval by the US Treasury Department for sales of aircraft to Iran.
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Publish Date:30/July/2017 | 10:34

Treasury unit to share records with Senate for Trump-Russia probe: WSJ

EghtesadOnline: A unit of the U.S. Treasury Department that fights money laundering will provide financial records to an investigation by the Senate into possible ties between Russia and President Donald Trump and his associates, the Wall Street Journal reported on Friday, citing people familiar with the matter.
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Publish Date:13/May/2017 | 06:44
Craig Phillips’s time at BlackRock is “probably more relevant” than his politics.

How a Hillary Superfan Ended Up Inside Trump's Treasury

EghtesadOnline: As a member of Hillary Clinton’s national finance committee, a distinction reserved for those who raised at least $100,000 for her presidential bid, Craig Phillips qualified as a Hillary superfan, or a “Hillblazer” in the words of the campaign. A former BlackRock Inc. executive, Phillips had told friends and colleagues he hoped to get a political appointment at the Treasury Department, parlaying his big donations into a big job in Washington. His plan half-worked. Phillips is indeed working at the Treasury; it’s just that his boss is Donald Trump, and his job is totally different from what it would’ve been under Clinton.
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Publish Date:01/April/2017 | 18:04

IMF Pledges Continued Work With Central Bank of Iran

EghtesadOnline: More than a week after US Treasury Department blacklisted Central Bank of Iran's Governor Valiollah Seif for his alleged "support for terrorism", the International Monetary Fund has released a statement, pledging to continue its work with him.
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Publish Date:26/May/2018 | 09:48

Iran Jet Licenses Held Up by Delayed OFAC Designations

EghtesadOnline: Iran Aseman Airlines says the pending designation of specific roles inside the US Treasury Department ’s Office of Foreign Assets Control has held up licenses for the sales of the jets the airline has purchased from global planemakers.
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Publish Date:26/August/2017 | 05:45

U.S. Adds Sanctions on Iran Over Ballistic Missile Program

EghtesadOnline: The U.S. moved to add more sanctions on Iran for its ballistic missile program as President Donald Trump signals increasing frustration with the Islamic Republic and the accord over its nuclear program reached during the Obama administration.
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Publish Date:29/July/2017 | 04:55

Markets Worry Trump May Have to Use Obama’s Secret Debt Ceiling Plan

EghtesadOnline: Deep within the Treasury Department sits a once-secret plan written by the Obama administration that could lead to the first-ever default on U.S. debt. Bond traders are worried that Donald Trump’s Treasury secretary may have to use it.
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Publish Date:14/July/2017 | 11:21

Trump orders review of financial rules to prevent future crises

EghtesadOnline: U.S. President Donald Trump ordered the Treasury Department on Friday to examine two powers given to regulators to police large financial companies following the 2008 financial crisis, Treasury Secretary Steven Mnuchin said.
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Publish Date:22/April/2017 | 05:46