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US Sanctions, Treasury Hacks and Chinese Entities
Treasury levels sanctions tied to a massive hack of telecom companies and breach of its own network
The Treasury Department has announced sanctions in connection with a massive Chinese hack of American telecommunications companies and a breach of its own computer network.
US Treasury Department imposes sanctions on Chinese company over Salt Typhoon hack
The U.S. Treasury Department on Friday imposed sanctions on alleged hacker Yin Kechen and cybersecurity company Sichuan Juxinhe Network Technology Co., accusing both of being involved in a series of hacks against American telecom companies.
US Sanctions Chinese Entities Behind Telecoms, Treasury Hacks
The Biden administration on Friday announced sanctions on two Chinese entities accused of cyberattacks, including a firm it said is directly involved in the recent espionage campaign against US telecommunications firms and a hacker behind the recent breach of Treasury Department computers.
Yellen, Treasury and debt ceiling
US will hit debt limit on Tuesday, Treasury's Yellen warns in letter. What happens next?
Treasury Secretary Janet Yellen, in a letter on Friday to congressional leaders, said the Treasury would begin using extraordinary measures Jan. 21.
Yellen says Treasury will use 'extraordinary measures' on Jan. 21 to prevent hitting debt ceiling
In one of her last acts as Treasury Secretary, Janet Yellen says her agency will start taking “extraordinary measures,” or special accounting maneuvers intended to prevent the nation from hitting the debt ceiling,
Janet Yellen says Treasury will take 'extraordinary measures' to avoid hitting debt ceiling Jan 21
It is not clear how long Congress will have to secure a deal on funding or raising the debt ceiling again once the measures are taken, but in the past it has helped stall the default for several month
15h
on MSN
Treasury Department recoups $31 million in improper government payments to dead people
The Treasury Department announced this week that it had recouped more than $31 million in fraud and improper payments to dead ...
22h
on MSN
Home insurance costs soaring as climate-related events surge, Treasury Department says
Climate-related natural disasters are dramatically driving up insurance costs for homeowners in the most-affected regions, ...
2d
US Treasury reports record $711 billion budget deficit for first months of 2025
The $711 billion October-December deficit was $201 billion higher than the $510 billion deficit in the same period a year ...
4d
on MSN
More alleged Chinese intrusions into the US Treasury revealed
In a separate recent attack, Chinese group Salt Typhoon allegedly breached 9 major telecommunications firms in a huge ...
1d
US home insurance costs rose more steeply in areas of climate risk, US Treasury Dept study finds
Homeowners in areas most at risk of damage from hurricanes, wildfires and other climate perils pay far more for insurance ...
E&E
20h
Treasury report finds growing evidence of climate-fueled insurance challenges
The report includes ZIP-code-level information aggregated from 2018 through 2022, which covers 330 insurers and more than 246 ...
1d
Treasury releases guidance on domestic content bonus for clean energy credits
The U.S. Department of the Treasury and Internal Revenue Service released additional guidance on the Inflation Reduction Act’s domestic content ...
1d
on MSN
How Trump's Pick for Treasury Secretary Once Helped Break the Bank of England
Trump Treasury Secretary Pick Scott Bessent once worked with George Soros, placing trades that bet against the pound, profiting more than $1 billion when the pound fell in value.
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