News and reports from the Department of the Treasury.

Treasury News

Treasury
Secretary of the Treasury Scott K.H. Bessent is set to travel to Banff, Canada, on May 20.
Treasury

Treasury releases March 2025 international capital data showing inflow increase

The U.S. Department of the Treasury has released the Treasury International Capital (TIC) data for March 2025, revealing a net TIC inflow of $254.3 billion.
Treasury

Treasury targets firms involved in Iranian oil trade funding military activities

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has announced sanctions on nearly two dozen firms involved in Iran's international oil trade.
Treasury

Treasury targets financial network aiding Hizballah terrorists

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has imposed sanctions on two senior Hizballah officials and two financial facilitators for their involvement in financial transfers supporting Hizballah.
Treasury

Treasury's Faulkender addresses priorities at U.S. Bancorp Fly-In Meeting

Deputy Secretary Michael Faulkender recently addressed banking leaders at the U.S. Bancorp Fly-In Meeting, highlighting key priorities for the Treasury Department and the Administration under President Trump.
Treasury

U.S. Treasury imposes new sanctions on Iran over ballistic missile program

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has designated six individuals and 12 entities for their roles in aiding Iran's efforts to manufacture materials crucial for its ballistic missile program.
Treasury

Secretary Bessent comments on reconciliation vote supporting Trump's economic agenda

U.S. Secretary of the Treasury Scott Bessent has commented on the recent reconciliation vote by the House Ways & Means Committee.
Treasury

Treasury Secretary highlights Trump’s economic plan at Milken Institute Global Conference

Treasury Secretary Scott Bessent addressed the Milken Institute Global Conference, highlighting President Donald J. Trump's economic agenda and its potential impact on the U.S. economy.
Treasury

Treasury sanctions Burma militia linked to cyber scams

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has imposed sanctions on the Karen National Army (KNA), a militia group in Burma, designating it as a transnational criminal organization.
Treasury

Jonathan McKernan nominated for undersecretary role at U.S. Treasury

Secretary of the Treasury Scott Bessent has announced President Trump's intention to nominate Jonathan McKernan for the position of Undersecretary of Domestic Finance at the U.S. Department of the Treasury.
Treasury

Scott K.H. Bessent outlines U.S. economic strategies before House Committee

Secretary Scott K.H. Bessent addressed the United States House of Representatives Committee on Financial Services, discussing key aspects of the current administration's economic strategy and achievements.
Treasury

Treasury plans pilot program for foreign investors with fast track process

Today, the U.S. Department of the Treasury announced its plan to establish a fast track process aimed at increasing investment in U.S. businesses from allied and partner countries.
Treasury

Treasury highlights job growth and efficiency under Trump administration

Chairman Joyce, Ranking Member Hoyer, and Members of the Subcommittee gathered to hear Secretary Scott K. H. Bessent's statement before the United States House of Representatives Appropriations Subcommittee on Financial Services and General...
Treasury

Treasury Secretary Bessent's upcoming trip to Switzerland aims at economic discussions

On May 8, Secretary of the Treasury Scott K.H. Bessent is set to travel to Switzerland.
Treasury

Treasury Secretary meets with Bahamian Prime Minister to discuss financial sector growth

U.S. Secretary of the Treasury Scott Bessent held a meeting with Prime Minister Philip Davis of the Bahamas on May 6, 2025.
Treasury

Treasury roundtable discusses strategies to tackle homeowners insurance challenges

Today, a roundtable discussion was convened by the Federal Insurance Office (FIO) at the U.S. Department of the Treasury.
Treasury

Treasury sanctions Mexican cartel and issues alert on crude oil smuggling

The U.S. Department of Treasury’s Office of Foreign Assets Control (OFAC) has sanctioned three Mexican nationals and two Mexico-based entities for their involvement in drug trafficking and fuel theft linked to the Cartel Jalisco Nueva Generacion...
Treasury

Treasury Borrowing Advisory Committee discusses market impact of tariffs and economic uncertainty

April 29, 2025 Recent developments in U.S. government policy, notably higher-than-expected tariff rates, have significantly impacted global asset markets, according to the Treasury Borrowing Advisory Committee (TBAC).
Treasury

Treasury Borrowing Advisory Committee addresses fiscal outlook and market developments

The Treasury Borrowing Advisory Committee (TBAC) gathered at the U.S. Department of the Treasury on April 29, 2025, for a private meeting.
Treasury

Foreign investments in U.S. securities rise to $30,881 billion in June 2024

The U.S. Department of the Treasury has released the final results from the annual survey of foreign portfolio holdings of U.S. securities as of June 30, 2024.
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