News and reports from the Department of the Treasury.

Treasury News

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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,...
Treasury

Secretary Bessent discusses US-Jordan economic ties with Prime Minister Hassan

Today, Secretary of the Treasury Scott K.H. Bessent had a meeting with the Prime Minister and Minister of Defense of Jordan, Dr. Jafar Hassan, in Washington.
Treasury

Treasury Secretary Bessent discusses trade and defense with Spain's Minister Cuerpo

Today, Secretary of the Treasury Scott K.H. Bessent engaged in discussions with Carlos Cuerpo, Spain's Minister of Economy, Trade, and Business.
Treasury

TFTC targets financial networks of al-Shabaab in Somalia

RIYADH, SAUDI ARABIA – The Terrorist Financing Targeting Center (TFTC) has announced joint designations against 15 individuals involved with the terrorist group al-Shabaab in Somalia.
Treasury

Secretary Bessent supports Argentina's economic reforms in Buenos Aires meeting

Today in Buenos Aires, U.S. Secretary of the Treasury Scott K.H. Bessent engaged in discussions with Argentina's Minister of Economy, Luis Caputo.
Treasury

U.S. supports Argentina's economic reforms, applauds IMF negotiations

Today, Secretary of the Treasury Scott K.H. Bessent of the United States met with Argentina's President Javier Milei in Buenos Aires.
Treasury

U.S. Treasury sanctions Yemeni bank for Houthi financial support

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has placed sanctions on the Yemen-based International Bank of Yemen Y.S.C. (IBY).
Treasury

Fincen analyzes fentanyl threat patterns in Bank Secrecy Act reports

The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) has issued a Financial Trend Analysis that examines patterns and trends in Bank Secrecy Act (BSA) data associated with fentanyl-related illicit finance.
Treasury

Treasury Secretary addresses financial policy emphasizing support for community banks

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