With lawmakers failing to address corporate tax reform before adjourning for the campaign season, the Treasury Department announced Monday that it is taking targeted action to reduce the tax benefits of corporate tax inversions.
President Barack Obama sought to emphasize in remarks on Wednesday that the American forces being deployed as part of the fight against the terrorist group ISIS will not have a combat mission.
Despite the ceasefire in eastern Ukraine, the U.S. Treasury Department on Friday announced a new round of sanctions against Russia for its role in the conflict. Treasury Secretary Jacob Lew determined that persons operating within Russia's defense and related materiel sector may now be subject to targeted sanctions.
President Barack Obama on Wednesday outlined his comprehensive strategy to eliminate the terrorist group known as the Islamic State. Speaking in a nationally televised primetime speech on the eve of the 13th anniversary of the 9/11 attacks, Obama vowed to use air power but no combat troops to eliminate the terrorists.