Trump announced a sweeping U.S. role in Venezuela’s oil sector, but Treasury has published licensing changes—not a complete investment agreement—and gas relief is unlikely soon.
Treasury proposed restricting U.S. correspondent banking with five Banque Misr UAE branches over alleged Iran-linked transactions. The rule is not final.
A Federal Register correction fixes the hearing date and regulatory text for a proposed Trump Account rule. The tax treatment is not final.
The Congressional Budget Office lists a July 2026 budget review, while the latest completed report showed a $1.4 trillion deficit through June.
The IRS says a new automatic process will begin phasing in during summer 2026 for eligible taxpayers with three years of timely filing and payment history.
A three-phase Education-Treasury agreement targets defaulted-loan collections first, while staffing cuts and new repayment rules raise accountability questions.
July 16: White House and Treasury say “radical left terrorism” is transnational—and point to expanded scrutiny of charity and nonprofit finance.
FinCEN’s June 12 guidance lets banks share more suspected-fraud data under Section 314(b), while immigration-related compliance pressure looms.
Treasury’s June 2 and June 5 sanctions hit Iran crypto exchanges and an LPG-smuggling network, raising compliance risk for U.S. banks and trade firms.
