U.S. Department Of Treasury News

U.S. sanctions network over alleged Iranian oil shipments

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has imposed sanctions on an international network accused of facilitating the shipment of Iranian crude oil to China.

U.S. Treasury announces $125B offering in new quarterly refunding plan

The U.S. Department of the Treasury has announced plans to issue $125 billion in Treasury securities to refund approximately $106.2 billion of maturing Treasury notes and bonds.

Treasury Secretary holds first call with Bank of Japan Governor

Secretary of the Treasury Scott Bessent recently engaged in a virtual introductory meeting with Bank of Japan Governor Kazuo Ueda.

Treasury Borrowing Advisory Committee reports on economic conditions affecting borrowing strategies

The Treasury Borrowing Advisory Committee (TBAC) has issued a report to the Secretary of the Treasury, providing insights into current economic conditions and their implications for Treasury borrowing strategies.

Treasury announces nominations for assistant secretaries for financial institutions and markets

Secretary of the Treasury Scott Bessent announced President Trump's intention to nominate Luke Pettit and Jason De Sena Trennert for roles at the United States Department of the Treasury.

Treasury committee reviews fiscal strategies amid shifting economic landscape

The Treasury Borrowing Advisory Committee convened on February 4, 2025, at the Department of the Treasury to discuss various financial matters.

Treasury Secretary Bessent discusses economic priorities with ECB President Lagarde

Secretary of the Treasury Scott Bessent recently engaged in an introductory meeting with European Central Bank President Christine Lagarde.

Treasury reassures Congress on integrity of federal payment systems

The U.S. Department of the Treasury has addressed a letter to Congress concerning its payment systems managed by the Bureau of the Fiscal Service.

Treasury reveals borrowing plans for early 2025

The U.S. Department of the Treasury has announced its current estimates for privately-held net marketable borrowing for the first two quarters of 2025.

Treasury withdraws from network supporting Paris Agreement goals

The U.S. Department of the Treasury's Federal Insurance Office (FIO) has announced its decision to withdraw from the Network of Central Banks and Supervisors for Greening the Financial System (NGFS).

Treasury Secretary Bessent meets Japanese Finance Minister to discuss regional cooperation

Secretary of the Treasury Scott Bessent engaged in a virtual introductory meeting with Japan's Finance Minister Katsunobu Kato on January 28, 2025.

Scott Bessent assumes role as new Secretary of Treasury

Scott Bessent was sworn in as the 79th Secretary of the Treasury by Supreme Court Justice Brett M. Kavanaugh on January 28, 2025.

Treasury releases international capital data for November 2024

The U.S. Department of the Treasury has published the Treasury International Capital (TIC) data for November 2024.

Treasury imposes sanctions on Chinese hacker and cybersecurity firm

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has announced sanctions against Yin Kecheng, a cyber actor based in Shanghai, and Sichuan Juxinhe Network Technology Co., LTD., a cybersecurity company located in Sichuan.

Treasury releases new report on trends in U.S. personal auto insurance

The U.S. Department of the Treasury's Federal Insurance Office (FIO) has released a report on personal auto insurance markets and technological change.

Treasury sanctions Yemen bank over alleged ties with Houthis

The U.S. Department of the Treasury has announced new sanctions against Yemen Kuwait Bank for Trade and Investment Y.S.C, citing its financial support to Ansarallah, known as the Houthis.

Treasury Secretary Yellen urges Congress on U.S. debt limit actions

Secretary of the Treasury Janet L. Yellen has addressed a letter to Congressional leaders concerning the United States debt limit.

US sanctions actors undermining peace in Bosnia-Herzegovina

On January 8, 2025, the President of the United States issued Executive Order (E.O.) 14140, an amendment to E.O. 14033.

Treasury issues updated guidance on domestic content bonus for clean energy credits

Today, the U.S. Department of the Treasury and the Internal Revenue Service released new guidance on the Inflation Reduction Act's domestic content bonus for Clean Electricity Production and Investment Tax Credits.

Treasury targets Sudanese armed forces leader amid ongoing conflict

The United States Department of the Treasury has announced sanctions against Abdel Fattah Al-Burhan, leader of the Sudanese Armed Forces (SAF), under Executive Order 14098.