“Japan’s Oct.-Dec. GDP grows annualized 12.7%”


TOKOYO (February 15, 2021)--GDP grows annualized 12.7% TOKYO (Kyodo) -- Japan's economy in the October-December period grew an annualized real 12.7 percent from the previous quarter, continuing to recover from a coronavirus pandemic-induced slump, government data showed Monday. The expansion in real gross domestic product, the total value of goods and services produced in the country adjusted…

“The United States Takes Further Action Against Enablers of Venezuelan Oil Transactions, Including Sanctions Evasion Network”


WASHINGTON, D.C. (January 19, 2021)---today, Secretary Mike Pompeo issued this statement about sanctioning  of the illegitimate regime of Nicolas Maduro.  "The United States has sanctioned three individuals and 11 entities for their ties to a network helping Nicolas Maduro and his illegitimate regime evade U.S. sanctions on Venezuela’s oil sector. …

“Treasury and IRS Begin Delivering the Second Round of Economic Impact Payments to Millions of Americans


WASHINGTON, D.C. (December 29, 2020)----WASHINGTON – Today, the Treasury Department and the Internal Revenue Service will begin delivering a second round of Economic Impact Payments to millions of Americans as part of the implementation of the Coronavirus Response and Relief Supplemental Appropriations Act of 2021.  The initial direct deposit payments…

President Trump Signed Into Law Three Years Ago Today the Historic Tax Cuts and Jobs Act


WASHINGTON, D.C. (December 22, 2020)---today, Vice President Mike Pence tweeted: [embed]https://twitter.com/Mike_Pence/status/1341398985064505344?s=20[/embed] The Trump Administration achieved one of its top legislative  goals by enacting the first comprehensive tax reform legislation in over 30 years.  The Tax Cuts & Jobs Act (TCJA) delivers tax cuts to lower- and middle-income families and makes…

Senate Leaders Reached A Stimulus Economic Relief Package Offered To Democrats Last Summer


WASHINGTON, D.C. (December 20, 2020)---today top Capitol Hill negotiators sealed a deal Sunday on an almost $1 trillion COVID-19 economic relief package, finally delivering long-overdue help to businesses and individuals and providing money to deliver vaccines to a nation eager for them. The agreement, announced by Senate leaders, would establish…

“U.S. Trustee Program Reaches Agreements with Three Mortgage Servicers Providing More than $74 Million in Remediation to Homeowners in Bankruptcy”


The Department of Justice’s U.S. Trustee Program (USTP announced today that it has entered into national agreements with three mortgage servicers to address past mortgage servicing deficiencies impacting homeowners in bankruptcy.  The agreements with Nationstar Mortgage, LLC (Nationstar), U.S. Bank National Association (U.S. Bank), and PNC Bank, NA (PNC) address…

“Pennsylvania Attorney Sentenced for Role in $2.7 Million Ponzi Scheme”


ALLENTOWN, PA--an Allentown, Pennsylvania, attorney was sentenced today to 78 months in prison followed by three years of supervised release for his role in a $2.7 million investment fraud scheme that victimized his law clients.   Acting Assistant Attorney General Brian Rabbitt of the Justice Department’s Criminal Division, U.S. Attorney William…

“FTC Alleges Mobile Banking App Misled Users About Access to Their Funds, Failed to Deliver on Promised High Interest Rates”


CALIFORNIA----the Federal Trade Commission sued the operators of a mobile banking app, alleging that they falsely promised users high interest rates on their accounts and “24/7” access to their funds. In a complaint filed in federal court, the FTC alleges that Beam Financial Inc. and its founder and CEO Yinan Du, also…