US Treasury Newswire

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  1. Obama administration officials detail obstacles to Islamic State campaignRead the original story w/Photo

    Yesterday | The Fresno Bee

    In separate briefings offered hundreds of miles apart, representatives of the U.S. Central Command in Tampa, Fla., and the Treasury Department in Washington described only incremental progress in the fight against the Islamic State. Militarily, Centcom commanders said, U.S. air support has created a stalemate in parts of Syria and Iraq – and that was the good news.

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  2. U.S.: IS profits from black market oilRead the original story w/Photo

    4 hrs ago | Recordpub.com

    Islamic State militants are raking in money at a remarkable rate, earning about $1 million a day from black market oil sales alone, a Treasury Department official said Thursday.

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  3. Islamic State is now world's richest terrorist group, US official saysRead the original story w/Photo

    5 hrs ago | South China Morning Post

    David Cohen talks about actions the Treasury Department is taking to combat financing for the Islamic State group. Photo: AP Islamic State has become the world's wealthiest terror group, earning tens of millions of dollars a month from illegal oil sales and ransoms, officials have revealed.

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  4. Mortgage Lenders Snooze While Treasury Yields Jump 0.06% To 0.13% This WeekRead the original story w/Photo

    6 hrs ago | Seeking Alpha

    Best to move fast to refinance that fixed rate mortgage. Mortgage rates continued to fall this week, because they lag Treasury movements.

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  5. MomentumLOVE is All AroundRead the original story

    6 hrs ago | American Reporter

    As we've seen over the past few months, Americans are not happy with the way things are. They want change.

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  6. T.S. KerriganSEAMUS and Me: Late Birthdays in a Lost WorldRead the original story

    6 hrs ago | American Reporter

    On Friday, Sen. Claire McCaskill, D-Mo., said what a lot of us are thinking about Wall Street fat cats and how they are taking federal bailout money while handing out bonuses and pay raises to themselves. "They don't get it," she said.

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  7. World briefs / U.S.: Jihadi oil revenues decliningRead the original story w/Photo

    8 hrs ago | Post-gazette.com

    The U.S. military campaign against the Islamic State has begun to cut into the Sunni militant group's substantial oil revenues, the top counterterrorism official at the Treasury Department said Thursday, but starving its cash flow will be a slow process. "We have no silver bullet, no secret weapon to empty ISIL's coffers overnight," David Cohen, the Treasury undersecretary for terrorism and financial intelligence, said in a speech at the Carnegie Endowment for International Peace in Washington, using an alternative name for the Islamic State.

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  8. On Native GroundCAN President Obama Live Up to the Ideals in his Second Inaugural Address?Read the original story

    Jan 24, 2013 | American Reporter

    Some conservatives in Congress are outraged over the idea that the Obama Administration could thwart their plans to threaten blow up the economy if the President doesn't approve steep cuts to Social Security, Medicare, and Medicaid. But there are a few conservatives who remember who won last November's presidential election and are willing to take President Obama at his word when he said that he's not going to negotiate with the Republican leadership in Congress who want to link a vote on the federal debt ceiling to making those cuts in social welfare spending.

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  9. U.S. says ISIS earns $1M per day selling oilRead the original story w/Photo

    9 hrs ago | St. Petersburg Times

    Islamic State of Iraq and Syria militants are raking in money at a remarkable rate, earning about $1 million a day from black market oil sales alone, a Treasury Department official said Thursday. David Cohen, who leads the department's effort to undermine ISIS's finances, said the extremists also get several million dollars a month from wealthy donors, extortion rackets and other criminal activities, such as robbing banks.

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  10. Windsor Islamic group condemns attacks, worries about backlashRead the original story w/Photo

    11 hrs ago | The Windsor Star

    The mosque of the Windsor Islamic Association on Northwood Drive is shown in this 2009 file photo. The head of the Windsor Islamic Council on Thursday condemned the terror attacks in Ottawa and Montreal and said members of his community are concerned about a possible backlash.

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  11. Jihadists take to Twitter to mock Canada for Ottawa shootingRead the original story w/Photo

    11 hrs ago | The Windsor Star

    A profile picture posted by Twitter user "Muthanna al-Kanadi" - who identifies himself as a Jihadist in Syria who is a former Windsor, Ont. resident.

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  12. ISIS raking in cash: Extremists earn more than $1 million a day...Read the original story w/Photo

    12 hrs ago | Edmonton Journal

    Islamic State of Iraq and Al-Sham militants are raking in money at a remarkable rate, earning about $1 million a day from black market oil sales alone, a Treasury Department official said Thursday. David Cohen, who leads the department's effort to undermine ISIS' finances, said the extremists also get several million dollars a month from wealthy donors, extortion rackets and other criminal activities, such as robbing banks.

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  13. Obama administration officials detail obstacles to Islamic State campaignRead the original story w/Photo

    13 hrs ago | Star-Telegram.com

    The Obama administration on Thursday offered a very mixed assessment of progress in the U.S.-led campaign to degrade and defeat the Islamic State, with no serious ground offensive against the militant group likely for at least a year and little sign that the effort to stanch its flow of money has succeeded. In separate briefings offered hundreds of miles apart, representatives of the U.S. Central Command in Tampa, Fla., and the Treasury Department in Washington described only incremental progress in the fight against the Islamic State.

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  14. Read the original story w/Photo

    13 hrs ago | SFGate

    Islamic State militants are raking in money at a remarkable rate, earning about $1 million a day from black market oil sales alone, a Treasury Department official said Thursday. David Cohen , who leads the department's effort to undermine the Islamic State's finances, said the extremists also get several million dollars a month from wealthy donors, extortion rackets and other criminal activities, such as robbing banks.

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  15. U.S.: IS earns $1M per day in black market oil salesRead the original story w/Photo

    14 hrs ago | The Aiken Standard

    Islamic State militants are raking in money at a remarkable rate, earning about $1 million a day from black market oil sales alone, a Treasury Department official said Thursday. David Cohen, who leads the department's effort to undermine the Islamic State's finances, said the extremists also get several million dollars a month from wealthy donors, extortion rackets and other criminal activities, such as robbing banks.

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  16. Race for 71st District Seat is TightRead the original story w/Photo

    15 hrs ago | WILX-TV Lansing

    Political analysts are calling the race for the 71st District seat in the State House of Representatives the tightest race in the state. "The two candidates are strong, you've got a Democratic incumbent who's the first Democrat in almost half a century to win the seat two years ago.

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  17. IS black market oil: Islamic State hauls in $1 mil per day in black market oilRead the original story w/Photo

    15 hrs ago | Examiner.com

    The conflict in Iraq grows ever closer to civil war as ISIS advances on Baghdad and lays siege to some of the country's largest oil refineries. ISIS black market oil sales are a booming business.

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  18. 50th Anniversary Kennedy Half-Dollar Silver Coin Collection AvailableRead the original story

    16 hrs ago | PressReleasePoint

    The United States Mint will open sales for the 50th Anniversary Kennedy Half-Dollar Silver Coin Collection on Oct. 28 at noon Eastern Daylight Time . Initially, orders will be limited to five sets per household.

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  19. The World's Wealthiest TerroristsRead the original story w/Photo

    16 hrs ago | The Atlantic

    ISIS has made at least $20 million in ransom this year and millions more in oil revenues, the Treasury Department said Thursday. The Islamic State makes about $1 million a day from sales of oil it has seized at war.

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  20. US: ISIS Earns $1M a Day in Black Market Oil SalesRead the original story

    16 hrs ago | WMAL-AM Washington

    Islamic State militants are amassing wealth at an unprecedented pace, earning about $1 million a day from black market oil sales alone, a Treasury Department official said Thursday. David Cohen, who leads the department's effort to undermine the Islamic State's finances, said the extremists also get several million dollars a month from wealthy donors, extortion rackets and other criminal activities, such as robbing banks.

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