Midweek Roundup: U.S. Treasury Hits Bank of Moscow With $9.4 Million Penalty, U.N. Passes Ban on Ransom Payments, and More

The U.N. Security Council adopted a resolution Monday calling on member-nations to ban ransom payments and any political concessions to secure hostages held by terrorist groups. Member nations should also ensure "the greatest measure of assistance" in international criminal investigations of terror finance, the resolution said. More In the last decade, designated terrorist organizations collected more than $120 million in ransom, the U.S. Ambassador to the U.N. said Monday. More In a Senate Judiciary Committee hearing Wednesday, Sen. Chuck Grassley (R-IA) questioned U.S. Attorney General Eric Holder over the Justice Department's decision not to challenge laws in Colorado and Washington that permit the...