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.
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.
The National Credit Union Administration (NCUA) has liquidated the Unilever Federal Credit Union based in Englewood Cliffs, New Jersey, citing insolvency and no potential for restoring viable operations.
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.
Today, the Federal Deposit Insurance Corporation, in conjunction with the Board of Governors of the Federal Reserve System, has announced the withdrawal of two joint statements concerning crypto-asset-related activities by banking organizations.
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...
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.
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.