Treasury News
Treasury
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.
Treasury
United States and Ukraine announce reconstruction investment fund agreement
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.
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