Disinterest in reopening communication channels active under President Obama indicates a continuing deterioration in ties between the world's two biggest economies.
Federal agencies are drafting rules to identify threats to government programs, assets, and liabilities; reduce risks to the nation's financial stability; and bolster disclosures of climate risk.
Despite a Twitter-user outcry, and loss of value for some cryptocurrency-related assets, market observers point out that this matches IRS treatment of cash transactions.