Treasury Department

US Sanctions 271 Syrians, Freezes Their US Assets

Two weeks after launching missile strikes on Syria, the U.S. Treasury announced it has sanctioned 271 employees of Syria's Scientific Studies and Research Center in response to the alleged sarin attack conducted by the Assad regime on Kahn Sheikhoun.

Frontrunning: April 20

  • White House to risk shutdown as Trump searches for “win” (Politico)
  • Saudi Minister Wants OPEC Oil-Production Deal Extended, Perhaps for Less Than 6 Months (WSJ)
  • Russia denies Reuters report think tank drew up plan to sway U.S. election (Reuters)
  • Fed's Kaplan: Three rate rises this year 'still a good baseline' (Reuters)
  • Ex-Arconic CEO Sent Vague Threat to Hedge-Fund Boss (WSJ)

Exxon Seeks Russian Sanctions Waiver To Work With Rosneft

Just as the "puppet of Putin" narrative had gone quiet - following Trump's Tomahawk-ing a largely abandoned airfield in Syria - it appears the Russia-linkages stories are about to get restarted. WSJ reports that Exxon Mobil has applied to the Treasury Department for a waiver from U.S. sanctions on Russia in a bid to resume its joint venture with state oil giant PAO Rosneft.

Frontrunning: April 17

  • Trump’s Renewed Focus on Health Bill Vexes GOP Tax Strategy (WSJ)
  • Wall Street banker Cohn moving Trump toward moderate policies (Reuters)
  • Trump Rejects Protests Over Tax Returns (WSJ)
  • Merkel Calls on Erdogan to Open Talks in ‘Deeply Split’ Turkey (BBG)
  • Turkish Opposition Plans Challenge to President Erdogan’s Referendum Victory (WSJ)

US Preparing Sanctions Against Syria

Just hours after unleashing a missile strike on Syria, Steven Mnuchin announced that the US will announce sanctions “in the near future” against the Assad regime. 

Jamie Dimon Warns "Something Is Wrong" With The US

"Our problems are significant, and they are not the singular purview of either political party. We need coherent, consistent, comprehensive and coordinated policies that help fix these problems. The solutions are not binary – they are not either/or, and they are not about Democrats or Republicans."

Doubt Rises As Market Liquidity Collapses

Our country has deep structural problems that require deep thinking. Does anybody see evidence of deep thinking anywhere? Or even a debate on how to address them?

Condo Flippers In Miami-Dade Left Twisting In The Wind

Miami-Dade’s spectacular condo flipping mania is in turmoil, with sales plunging, inventory-for-sale soaring, and new supply flooding the market. It’s not like Miami hasn’t been through this before.