The Treasury Department has imposed sanctions on a network of Muslim Brotherhood and Hamas operatives, exposing how front organizations and underground banks fund violent extremism.
The Treasury Department has imposed sanctions on a network of Muslim Brotherhood and Hamas operatives, exposing how front organizations and underground banks fund violent extremism. PULSE POINTS WHAT HAPPENED: The U.S. Department of the Treasury announced new sanctions Thursday targeting individuals and organizations it said were involved in financing Hamas through charities, businesses, and underground financial networks. The sanctions, issued by the Office of Foreign Assets Control, target a Britain-based Egyptian Muslim Brotherhood official, three alleged financial operatives, and three organizations accused of supporting Hamas’s military wing. DETAIL: Treasury Secretary Scott Bessent said the Trump administration would…Open
Treasury Secretary Scott Bessent stood before diplomats from roughly 65 countries at the State Department on Thursday and made the threat personal. Two hours after he was sworn into office on January 27, 2025, a 24-year-old Massachusetts man armed with a folding knife and two improvised Molotov cocktails arrived at the U.S. Capitol, allegedly intending […] The post Treasury Secretary Bessent confronts far-left violence threat, cites assassination plot hours after taking office appeared first on American Almanac .
Treasury Secretary Scott Bessent stood before diplomats from roughly 65 countries at the State Department on Thursday and made the threat personal. Two hours after he was sworn into office on January 27, 2025, a 24-year-old Massachusetts man armed with a folding knife and two improvised Molotov cocktails arrived at the U.S. Capitol, allegedly intending to kill a Cabinet nominee whose Senate confirmation vote was scheduled that day. Bessent did not mince words. He used the incident to challenge reporters and foreign officials who downplay the reality of violent far-left extremism in America, and he announced that the Treasury Department is expanding its enforcement tools to follow the money behind political terrorism. The setting was the…Open
‘Iran’s actions in the Strait were wholly unacceptable’
The United States reimposed oil sanctions on Iran following reports of unprovoked attacks on ships in the Strait of Hormuz late Monday night and early Tuesday morning. A letter from the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC), the license that temporarily lifted oil sanctions on Iran issued June 21 has been “revoked,” with the effective date listed as July 7, 2026. Earlier Tuesday, Reuters reported that the U.S. government was “revoking a general license that authorized the sale of Iranian oil,” with a U.S. official calling the attacks in the Strait of Hormuz “wholly unacceptable.” The Daily Caller reached out to President Donald Trump’s White House, which confirmed Reuters’ earlier…Open
The Trump administration on Tuesday revoked the temporary waivers it issued as part of the memorandum of understanding with Iran that allowed Tehran to sell oil, the Department of Treasury announced. Why it matters: The revocation of the waivers that was issued less than three weeks ago is in response to the renewed Iranian attacks against ships in the Strait of Hormuz over the past 24 hours . Driving the news: A U.S. official said the Office of Foreign Assets Control is revoking the general license, which authorized the sale of Iranian oil. - "As President Trump and the administration have repeatedly affirmed, the MOU in effect with Iran is entirely performance-based," the U.S. official said. - "Iran will only reap benefits if they…
The department's Office of Foreign Assets Control sanctioned nine individuals and 26 entities linked to the group, including its leadership, investors in scam compounds, and front companies.
On June 3, 2026, the Department of Justice charged a 63-year-old dual U.S.-Iranian national, Jamshid Ghomi with conspiracy to violate the International Emergency Economic Powers Act (IEEPA). Prosecutors allege he laundered more than $15 million in proceeds and used them to fund a $35 million mansion in Newport Coast, California. He purchased the vacant lot for […] The post DOJ Charges Iranian-American CEO with Smuggling U.S. Networking Technology to Iran’s Nuclear Program appeared first on StoneZone .
On June 3, 2026, the Department of Justice charged a 63-year-old dual U.S.-Iranian national , Jamshid Ghomi with conspiracy to violate the International Emergency Economic Powers Act (IEEPA). Prosecutors allege he laundered more than $15 million in proceeds and used them to fund a $35 million mansion in Newport Coast, California. He purchased the vacant lot for nearly $4.5 million, spent over $10 million on construction, and received more than $7 million in foreign wire transfers into the construction escrow account. According to the criminal complaint, Ghomi allegedly orchestrated a scheme lasting more than a decade in which he supplied U.S. origin computer networking equipment, security systems, and encryption technology to Iran’s…Open
Last Saturday, odious “Marxist” influencer Hasan Piker—nephew of Young Turk cofounder Cenk Uygur—was served a subpoena by the Treasury Department’s Office of Foreign Assets Control. […] Source
The U.S. Treasury has more sanctioned individuals and entities tied to a network facilitating Iranian oil sales to China.
The U.S. Treasury has more sanctioned individuals and entities tied to a network facilitating Iranian oil sales to China . PULSE POINTS WHAT HAPPENED: The U.S. Treasury announced sanctions on a dozen individuals and entities for their involvement in facilitating Iranian oil sales to China in a May 11 press release. KEY QUOTE: “As Iran’s military desperately tries to regroup, Economic Fury will continue to deprive the regime of funding for its weapons programs, terrorist proxies, and nuclear ambitions. Treasury will continue to cut the Iranian regime off from the financial networks it uses to carry out terrorist acts and to destabilize the global economy.” – Secretary of the Treasury Scott Bessent. DETAIL: Since February last year,…Open
State of the Union: Iran is reportedly conditioning negotiations on the end of the blockade and the implementation of the Lebanon ceasefire. The post Ceasefire Day 25: Trump Stands By Blockade appeared first on The American Conservative .
A ceasefire to the Iran War entered its 25th day Saturday, one day after President Donald Trump notified Congress that the U.S. military actions against Iran “that began on February 28, 2026, have terminated.” Trump’s letter comes as U.S. servicemembers remain stationed in the region and a negotiated settlement to end the war has yet to be signed. It was reported on Friday that the Trump administration has added Nick Stewart, a lobbying executive at the Foundation for Defense of Democracies affiliate FDD Action, to U.S. envoy Steve Witkoff’s office and negotiating team. Iran has conditioned its participation in a new round of negotiations on an end to the U.S. naval blockade of the Strait of Hormuz and implementation of the…Open
The Trump administration eased sanctions on Venezuela's state-run financial system Tuesday to try to boost the country's economy amid protests by public workers demanding higher pay. Why it matters: Venezuela's government-run bank and other large financial institutions can now begin legally using U.S. currency, directly receive billions of dollars in oil sales and reenter the U.S.-controlled global financial system to help its damaged economy. - The action by the U.S. Treasury is also intended to help spur oil-sector development in Venezuela and stabilize the new government of acting president Delcy Rodriguez. Zoom in: The U.S. took control of Venezuela's oil revenue from its state-owned company after seizing socialist strongman Nicolas…