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The Treasury Department announced new sanctions targeting a “sham charity” and an unlicensed bank in Gaza this morning.

Yellen defends Treasury’s anti-money laundering program

Treasury Secretary Janet Yellen delivered a speech this afternoon praising the Financial Crimes Enforcement Network’s implementation of the Corporate Transparency Act. The remarks rebuffed Republican criticism from Congress about the approach’s impact on small business.

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Punchbowl News Presents

Introducing Tech – our newest policy vertical. From high-profile interviews with industry influencers & policymakers to key lobbying updates, Punchbowl News Tech will be your go-to for timely technology insights.

 

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