The Treasury Department's Office of Foreign Assets Control (OFAC) Home | Office of Foreign Assets Control administers and enforces economic and trade sanctions against targeted foreign countries and regimes, terrorists, international narcotics traffickers, proliferating weapons of mass destruction, and other threats to U.S. national security, foreign policy, and economic activities. Before the War of 1812, Treasury Secretary … Continue reading Office of Foreign Assets Control (OFAC)

The Internal Revenue Service (IRS) Internal Revenue Service | An official website of the United States government received its current name in 1953 and a federal income tax was established in 1913 U.S. Constitution - Sixteenth Amendment | Resources | Constitution Annotated | Congress.gov | Library of Congress by the 16th Amendment to the U.S. Constitution.  Taxation to fund federal … Continue reading Internal Revenue Service

The Treasury Department's Bureau of the Fiscal Service (BFS) Bureau of the Fiscal Service aspires to promote the financial integrity and operational efficiency of the federal government through exceptional accounting, financing, collections, payments, and shared services.  This is done through providing modern electronic options for paying federal charges, fees and taxes, facilitating all-electronic financial transactions,  meeting evolving … Continue reading Bureau of the Fiscal Service (BFS)

The Financial Crimes Enforcement Network (FINCEN) United States Department of the Treasury Financial Crimes Enforcement Network - Home | FinCEN.gov is a Treasury Dept. agency responsible for safeguarding the financial system from illicit activity, countering money laundering and the financing of terrorism, and promoting national security through strategic use of financial authorities and collecting, analyzing, and … Continue reading Financial Crimes Enforcement Network

The Treasury Department's Bureau of Engraving and Printing (BEP) Home | Engraving & Printing is responsible for developing and producing U.S. currency notes and being a global standard-bearer for banknotes and document security through manufacturing and innovation excellence to limit counterfeiting.  BEP was established in 1862 and became the exclusive producer of U.S. currency in 1877  History | … Continue reading Bureau of Engraving and Printing (BEP)

In July this year I had the opportunity to take a friend to visit a friend outside of Westport Indiana.  Many of you may not know where Westport Indiana is … it’s between Greensburg and North Vernon…east of Columbus about 20 miles.  We visited this friend so I could see the marker erected in 1890 … Continue reading Center of Population

The Treasury Dept's Alcohol, Tobacco Tax, and Trade Bureau (TTB) Home | TTB: Alcohol and Tobacco Tax and Trade Bureau regulates  alcohol, tobacco, firearms, and ammunition excise taxes that are rightfully due; to protect the consumer of alcohol beverages through compliance programs that are based upon education and enforcement of the industry to ensure an effectively regulated … Continue reading Alcohol, Tobacco, and Tax Trade Bureau

The U.S. Department of the Treasury is responsible for maintaining a strong economy and creating economic and job opportunities by promoting the conditions that enable economic growth and stability at home and abroad, strengthen national security by combating threats and protecting the integrity of the financial system, and manage the U.S. Government’s finances and resources effectively.  It … Continue reading Department of the Treasury

The U.S. Dept. of Transportation’s (DOT) Office of Inspector General (OIG) https://www.oig.dot.gov/ was established by the Public Law 95-452 The 1978 Inspector General Act https://www.oig.dot.gov/sites/default/files/2023-11/The%20Inspector%20General%20Act%20of%201978%20-%20Updated%202020-04-15%20%28508%20Compliant%29.pdf.  It’s legal authority is derived from 49 USC 1326 https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title49-section1326&num=0&edition=prelim and its administrative law authority in the CFR is 49 CFR 1.70 https://www.ecfr.gov/current/title-49/subtitle-A/part-1/subpart-C?toc=1 This office works within DOT to promote the efficiency and effectiveness of DOT … Continue reading U.S. Dept. of Transportation’s (DOT) Office of Inspector General (OIG)

The Surface Transportation Board (STB) https://www.stb.gov/ is a federal agency charged with regulating U.S. surface transportation modes with particular emphasis on rail.  It was established in 1996 by the Interstate Commerce Commission (ICC) termination act with the ICC regulating transportation since 1887.  In 2015, STB became an independent agency https://www.stb.gov/wp-content/uploads/STB-Reauth-Act-of-2015.pdf separate from the  Department of … Continue reading Surface Transportation Board (STB)