The United States on Friday took the first steps toward lifting sanctions on Syria after President Donald Trump said his administration would unwind them.

Treasury Secretary Scott Bessent said of the action against the alleged leaders of Mexico-based Cartel del Noreste: “We will continue to cut off the cartels’ ability to obtain the drugs,

The United States has labeled Syria a state sponsor of terrorism since 1979 and intensified sanctions on the country beginning in 2011, when the Assad regime cracked down on peaceful protests against its ironfisted rule. Sanctions were expanded in 2020 under the Caesar Act.

The United States has imposed sanctions on two members of the Mexican drug trafficking organization Cartel del Noreste, the Northeast Cartel, which was formerly known as Los Zetas.

Stock futures point to a lower open as investors kept an eye on Treasury yields as President Donald Trump's tax bill continues to travel through Congress. After the House narrowly passed by one vote its version of the One,

The cost of producing a penny skyrocketed in recent years, reaching 3.69 cents, according to the Treasury Department.

A federal judge has rejected a bid by the U.S. Treasury Department to cancel a union contract covering tens of thousands of IRS staff, an early blow to President Donald Trump's efforts to eliminate collective bargaining rights for many federal workers.