To commemorate Stuart Levey’s resignation from Treasury, I send him off into the sunset with an affectionate slap on the rump in the Asia Times article, Good-bye Mr Insubordination. I’ve been an interested observer of Mr. Levey’s activities as Assistant Secretary of State for the Office of Terrorism and Financial Intelligence ever since the OTFI’s... Read More

From her perch at Politico, the estimable Laura Rozen reports that the U.S. government has slapped Swiss bank Credit Suisse with a “half billion dollar� settlement punishing the bank for helping Iran evade U.S. financial sanctions. Attorney General Eric Holder announced the decision, flanked by the head of Treasury’s Office of Terrorism and Financial Intelligence,... Read More

Those with long memories—that go back, say, three months—will remember the last time the U.S. Treasury Department tried to bend an Axis of Evil member to its will through targeted financial sanctions. Failure was the outcome. Now the United States is trying for a do-over with Iran and, though the techniques—particularly for handling China—may be... Read More

Even though John Bolton is gone, like Lord Voldemort he left part of himself in horcruxes scattered through the US government. With the realist takeover of the State Department and the exorcism of Bob Joseph, one of the last bastions of Boltonianism is Stuart Levey’s operation, the Office for Terrorism and Financial Intelligence at the... Read More