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The Board of Trustees of the American Federation of Musicians & Employers Pension Fund has applied to reduce benefits, as per the Multiemployer Pension Reform Act of 2014. This application has been published on the Treasury Department's website. The Department of the Treasury is requesting public comments on the application from interested parties like participants, beneficiaries, and contributing employers. Comments need to be submitted by March 8, 2021, either electronically via the Federal eRulemaking Portal or by mail to the Treasury Department.

The U.S. Department of Commerce has concluded that phosphate fertilizers from Russia are receiving unfair government subsidies. This determination means that interactions exist between certain producers/exporters and government support programs, providing them with specific advantages. The department plans to impose countervailing duties on these products to level the playing field. The final decision depends on whether the U.S. International Trade Commission finds that these subsidies harmed or threatened the U.S. domestic industry.

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has announced the addition of several individuals and entities to the Specially Designated Nationals and Blocked Persons List (SDN List). This action is based on the determination that these persons meet the legal criteria under specific Executive Orders related to harmful activities from the Russian Federation. As a result, all their property and interests within the United States are blocked, and U.S. persons are prohibited from conducting transactions with them. The listed individuals and entities are linked to Russia and China, and are involved in activities such as financial services that have been flagged as risky under U.S. sanctions regulations.

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has released a notice listing individuals, companies, and vessels that have been added to the OFAC's Specially Designated Nationals and Blocked Persons List (SDN List). This designation is based on various legal criteria, primarily relating to activities in the Russian Federation's energy and financial services sectors. The properties and interests of these entities, under the U.S. jurisdiction, are blocked, and American citizens and companies are generally restricted from conducting transactions with them. The notice includes detailed information, including dates, contact details, and online resources for further information on these sanctions.

The Department of Commerce, through its Enforcement and Compliance division, has started investigations on whether granular polytetrafluoroethylene (PTFE) resin imports from India and Russia are benefiting from government subsidies, which might harm U.S. producers. The investigations were initiated after petitions filed by Daikin America, Inc. claimed that these imports are negatively affecting the U.S. industry. The investigation aims to determine if these imports are causing material injury to the domestic industry. Granular PTFE resin is under review, and the department has outlined procedures for submitting comments and information related to these investigations.

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has released four general licenses linked to sanctions against Russian harmful foreign activities. These licenses, numbered 53A, 55C, 113, and 114, allow certain transactions that were initially restricted, involving Russian entities like Gazprombank and projects such as Sakhalin-2. Each license specifies what activities are permitted and outlines exceptions, such as prohibiting some financial dealings with blocked entities. These licenses were first published on OFAC's website and have specific expiration dates outlined in the document.

The Department of Defense (DoD) is proposing a new rule to amend the Defense Federal Acquisition Regulation Supplement (DFARS), aimed at enhancing energy security for U.S. military bases in Europe. This rule, driven by the National Defense Authorization Act for Fiscal Year 2020, prohibits contracts for energy supplied to these bases if the energy comes from inside the Russian Federation. The rule allows exceptions only if a waiver is granted by the approving authority, and it aims to strengthen energy resilience by reducing reliance on Russian-sourced energy. The proposed rule applies to contracts below a certain financial threshold and includes commercial items to ensure comprehensive coverage.

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has added several individuals and entities to its Specially Designated Nationals and Blocked Persons List because they met certain legal criteria. As a result, all their property and any interests they have within the U.S. are blocked, and U.S. citizens are prohibited from doing business with them. These sanctions are mainly related to their activities in the financial and technology sectors of the Russian Federation economy. This action was taken under the authority of Executive Order 14024.

The Department of Commerce initiated investigations to determine if imports of granular polytetrafluoroethylene (PTFE) resin from India and Russia are being sold in the U.S. at prices below fair market value, potentially harming the domestic industry. This action follows petitions filed on behalf of Daikin America, Inc., who allege material injury from these imports. The investigations will examine prices, production costs, and industry support, with preliminary findings expected in 140 days. The International Trade Commission will also assess whether these imports are causing injury to the U.S. industry.

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has added new individuals to its Specially Designated Nationals and Blocked Persons List, based on specific legal criteria. These individuals have been identified as being involved in harmful foreign activities linked to the Russian Federation. Consequently, their property and interests in the U.S. are blocked, and U.S. persons cannot engage in transactions with them. One such entity is OJSC Keremet Bank from Kyrgyzstan, which has been targeted due to its significant transactions involving Russia's military-industrial sector.