News and reports from the Department of the Treasury.

Treasury News

Treasury
On April 30, an agreement was signed by the United States and Ukraine to establish the United States-Ukraine Reconstruction Investment Fund.
Treasury

U.S. and EU review insurance agreement at bilateral committee meeting

The United States Department of the Treasury and the Office of the United States Trade Representative convened with European Commission representatives on April 29 in Washington.
Treasury

U.S. Treasury announces $125 billion securities offer to refinance maturing notes

The United States Department of the Treasury has announced a plan to offer $125 billion in Treasury securities to refinance $94.2 billion in privately-held Treasury notes maturing on May 15, 2025.
Treasury

U.S. and Japan reaffirm strong bilateral ties and economic security discussions

Washington, May 2, 2025 — On Thursday, Secretary of the Treasury Scott K.H. Bessent, Secretary of Commerce Howard Lutnick, and U.S. Trade Representative Jamieson Greer met with Japan's Economic Revitalization Minister Ryosei Akazawa.
Treasury

U.S. targets Iran-China missile propellant procurement network with sanctions

Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced it is sanctioning a network of six entities and six individuals based in Iran and the People’s Republic of China (PRC).
Treasury

U.S. economy shows moderate growth amidst labor market recovery in Q1 2025

Despite the challenging weather conditions in January, the U.S. economy demonstrated resilience in February and March of 2025, managing to sustain growth albeit at a slower pace than at the end of 2024.
Treasury

Treasury releases borrowing estimates for upcoming quarters, cites changes since February

The U.S. Department of the Treasury has released its latest estimates for privately-held net marketable borrowing for the upcoming quarters of April to June 2025 and July to September 2025.
Treasury

U.S. Treasury targets vessels aiding Houthi oil shipments

The U.S. Treasury's Office of Foreign Assets Control (OFAC) has announced action against three vessels and their owners for allegedly supporting the Houthi group in Yemen.
Treasury

Michael Faulkender discusses CFIUS reforms at ACI CFIUS Conference

Thank you for the introduction, Andrew, and good afternoon to everyone.
Treasury

Bessent urges IMF and World Bank to refocus on core missions, enhance efficiency

The upcoming Spring Meetings of the International Monetary Fund (IMF) and World Bank will focus on critical global economic issues.
Treasury

Secretary Bessent emphasizes Poland-U.S. alignment on global issues

Today, Secretary of the Treasury Scott K.H. Bessent held a meeting with Poland's Minister of Finance, Andrezj Domanski, in Washington.
Treasury

Treasury Secretary Bessent meets with Turkish finance leaders to discuss Iran and financial stability

Today, Secretary of the Treasury Scott K.H. Bessent met with Türkiye's Minister of Finance Mehmet Simsek and Central Bank Governor Fatih Karahan in Washington.
Treasury

Scott Bessent urges reform for IMF and World Bank to restore global financial balance

In a recent address to the Institute of International Finance, Treasury Secretary Scott Bessent outlined plans to restore balance to the global financial system by refocusing the International Monetary Fund (IMF) and the World Bank on their...
Treasury

Treasury Department supports ABA Foundation during Teach Children to Save program

Secretary of the Treasury Scott K.H. Bessent has joined with the ABA Foundation to support their annual Teach Children to Save Program.
Treasury

Treasury Secretary Bessent discusses U.S.-Ukraine economic partnership advancement

Today, Secretary of the Treasury Scott K.H. Bessent held a meeting with Prime Minister Denys Shmyhal and Minister of Finance Sergii Marchenko of Ukraine.
Treasury

Treasury Secretary Bessent discusses reforms with Mexico's finance secretary

Today, U.S. Secretary of the Treasury Scott K. H. Bessent held a meeting with Mexico's Secretary of Finance and Public Credit Edgar Amador Zamora.
Treasury

U.S. Treasury sanctions Iranian LPG magnate and corporate network

The United States Treasury Department’s Office of Foreign Assets Control (OFAC) has designated Seyed Asadoollah Emamjomeh, an Iranian national significant in the liquified petroleum gas (LPG) industry, along with his corporate network.
Treasury

U.S. Treasury sanctions Chinese firms importing Iranian oil, targeting 'shadow fleet' vessels

The Department of the Treasury’s Office of Foreign Assets Control (OFAC) has placed sanctions on Shandong Shengxing Chemical Co., Ltd.
Treasury

TIC data reveals foreign holdings of U.S. securities increase by $284.7B in February 2025

The U.S. Department of the Treasury has released the Treasury International Capital (TIC) data for February 2025, indicating an overall net TIC inflow of $284.7 billion.
Treasury

Treasury sanctions top leaders of La Nueva Familia Michoacana cartel

The U.S. Department of the Treasury has announced sanctions against four members of the Mexican cartel, La Nueva Familia Michoacana (LNFM), recognized for its involvement in trafficking fentanyl and other illicit drugs into the United States,...
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