The State Department last week approved a possible $1.23 billion military sale to Germany, the Defense Security Cooperation Agency said. The sale includes "AIM-120D-3 Advanced Medium Range Air-to-Air Missiles and related equipment," and the principal contractor will be RTX.

President Donald Trump on Sept. 25 signed an executive order that a White House official said brings "into effect" the U.S.-China agreement that will eventually bring TikTok under the control of American investors (see 2509220010). Trump, speaking to reporters, said he had a "very good talk" with Chinese President Xi Jinping, and "he gave us the go-ahead" to approve the deal. "We have American investors taking it over," Trump said, adding that technology company Oracle will "play a very big role in terms of security, safety and everything else."

The Treasury Department officially published a rule this week delaying the effective date of new regulations that were set to make investment advisers subject to anti-money-laundering and counterterrorism financing requirements. The original final rule, which was issued in August 2024 and scheduled to take effect Jan. 1, 2026 (see 2408290024), will now apply starting Jan. 1, 2028. Treasury previewed the delay in July (see 2507240021).

The State Department last week approved a possible $780 million military sale to Poland, the Defense Security Cooperation Agency said. The sale includes "Javelin Missile Systems and related elements of logistics and program support," and the principal contractors will be RTX and Lockheed Martin.

A tentative TikTok deal reached between the U.S. and China will ensure the app will be majority-owned by American investors and will give the U.S. control over its algorithm, senior White House officials said during a call with reporters Sept. 22. TikTok’s U.S. operations will be transferred “into a new joint venture” based in the U.S., with a board of directors that’s mostly American, an official said. Technology company Oracle will “serve as a security provider,” overseeing “top-to-bottom security throughout the company.”

The U.S. and the U.K. last week signed the Technology Prosperity Deal, which the White House said will boost cooperation on AI, nuclear energy and quantum computing while supporting U.S. national security. A fact sheet said the deal will promote U.S. and U.K. AI exports to "offer the full stack of chips, data centers, and models" and will launch a U.S.-U.K. Quantum Industry Exchange Program to align trade and technology policy. They will also look to increase civil nuclear exports in third countries.

The State Department’s Directorate of Defense Trade Controls last week released its notifications to Congress of recently proposed export licenses. The notifications, which cover licenses submitted from April through June, include exports to Germany, Ukraine, Italy, the Netherlands, the U.K., Denmark, Saudi Arabia, Australia and elsewhere.

The State Department recently approved possible military sales to Finland, Peru, Norway, Belgium and the Netherlands, the Defense Security Cooperation Agency said.

The Treasury Department's spring 2025 regulatory agenda for the Financial Crimes Enforcement Network includes one new mention of a rule to finalize the agency's beneficial ownership information reporting rule.

President Donald Trump again signed an executive order giving China’s ByteDance another 90 days, or until Dec. 16, to find a buyer for TikTok or face a U.S. ban on the social media application.