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IRS proposal would force nonprofits to disclose fraud or terrorism convictions of leaders

Washington — The Trump administration is weighing a proposal to require nonprofits to disclose in their annual tax filings whether their top officials have been convicted of certain financial or terrorism-related crimes, sources with direct knowledge of the matter told CBS News. The IRS disclosure requirement would be added to the Form 990, the annual…

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Trump family crypto business World Liberty gets preliminary approval to establish a bank

A trust company affiliated with the Trump family’s crypto business, World Liberty Financial, has received conditional approval to establish a bank. The Treasury Department’s Office of the Comptroller of the Currency (OCC) on Friday granted preliminary approval to World Liberty Trust Company to establish a bank charter, a move that would allow it to issue…

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Aleem Khan expresses support for Hazara province, calls for new administrative units – Pakistan

ISLAMABAD: Istehkam-i-Pakistan Party (IPP) President Abdul Aleem Khan on Saturday expressed support for the creation of Hazara province in Khyber Pakhtunkhwa, saying people across the country wanted new provinces to be created on administrative grounds. He said calls for the creation of Hazara province had been raised in the Khyber Pakhtunkhwa Assembly since 2010, adding…

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Justice Dept. leaves in place ruling that deregulates silencers, shotguns and certain rifles

Some Americans can now possess short-barreled rifles, shotguns and silencers without registering them with the federal government, after the Trump administration declined to pause a Texas judge’s ruling issued earlier this month that deregulated those weapons. The Aug. 5 ruling by U.S. District Judge James Wesley Hendrix of the Northern District of Texas gave the…

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