Monetary Brief News

U.S. Department Of Treasury News

Secretary Bessent discusses key policies and challenges in interview with Tucker Carlson

In an interview with Tucker Carlson, Secretary Scott Bessent discussed several key policy issues impacting the United States under President Trump's administration.

Treasury Department announces new senior appointments under Secretary Scott Bessent

Today, the U.S. Department of the Treasury, under the leadership of Secretary Scott Bessent, announced the appointment of key figures to senior positions.

Senate approval of FY 2025 budget resolution receives Secretary Bessent's endorsement

U.S. Secretary of the Treasury Scott Bessent released a statement in response to the Senate's approval of the Fiscal Year 2025 Budget Resolution.

US targets Houthi financial network for procuring Russian commodities

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has taken measures against a network involved in providing financial and logistical support to the Houthis.

Treasury Secretary leads effort to prevent Iran from accessing global financial systems

In Washington, D.C., U.S. Secretary of the Treasury Scott Bessent led a public-private partnership event aimed at preventing Iran from accessing the global financial system.

Treasury emphasizes public-private partnerships in curbing Iranian threats

Treasury Secretary Scott Bessent addressed the FinCEN Iran Maximum Pressure and Counter Terrorism (IMPACT) Exchange Series in Washington, reinforcing the emphasis on economic security and national security.

US Treasury and Justice act against Iranian drone parts procurement network

Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC), in partnership with the U.S. Department of Justice, imposed measures against a network involved in procuring unmanned aerial vehicle components for Iran’s Qods...

Treasury sanctions Sinaloa Cartel's financial network in crackdown on money laundering

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) took significant action against six individuals and seven entities tied to the Sinaloa Cartel, as announced on March 31, 2025.

Bessent and Bryant collaborate for National Financial Literacy Month initiatives

U.S. Treasury Secretary Scott Bessent met with John Hope Bryant, the Founder, Chairman, and CEO of Operation HOPE, to launch a collaborative effort at the outset of National Financial Literacy Month.

Treasury Secretary Bessent discusses economic ties with German Finance Minister

U.S. Secretary of the Treasury Scott K.H. Bessent held a meeting last Friday with German Finance Minister Jörg Kukies in Washington, DC.

U.S. Treasury sanctions Hizballah finance team and linked companies in Lebanon

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has enforced sanctions on five individuals and three companies linked to a Lebanon-based sanctions evasion network.

Treasury Secretary hosts 'Big Six' meeting on extending Trump Tax Cuts

Treasury Secretary Scott Bessent organized a meeting with the "Big 6" group at the U.S. Department of Treasury today.

Treasury removes BOI reporting requirements for US companies

The U.S. Department of the Treasury has announced the publication of an interim final rule by the Financial Crimes Enforcement Network (FinCEN).

Michael Faulkender confirmed as Deputy Secretary of the Treasury

Yesterday, the United States Senate confirmed Michael Faulkender as the Deputy Secretary of the Treasury. “It is an honor to be confirmed as the Deputy Secretary of the United States Department of the Treasury.

U.S. imposes new sanctions on Iranian officials over Robert Levinson case

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC), in coordination with the Federal Bureau of Investigation (FBI), has imposed sanctions on three officials from Iran's Ministry of Intelligence and Security (MOIS).

Financial Stability Oversight Council discusses key issues in March 2025 meeting

The Financial Stability Oversight Council convened on March 20, 2025, to discuss various issues affecting the financial sector.

Treasury removes sanctions on Tornado Cash amid ongoing concerns over North Korean cyber threats

The U.S. Department of the Treasury has announced the removal of economic sanctions against Tornado Cash, as stated in their recent filing in the case Van Loon v. Department of the Treasury.

U.S. imposes sanctions on network supporting Iran's oil exports

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has announced new sanctions targeting entities involved in Iran's oil exports.

U.S. imposes new sanctions on Iranian oil minister and shadow fleet operators

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has announced sanctions against Iran’s Minister of Petroleum, Mohsen Paknejad, along with several entities across multiple jurisdictions, including China and India.

Treasury Secretary discusses economic agenda with EU Commissioner

Secretary of the Treasury Scott Bessent engaged in an introductory call with European Commissioner Valdis Dombrovskis.