Monetary Brief News

U.S. Department Of Treasury News

Secretary Bessent comments on reconciliation vote supporting Trump's economic agenda

U.S. Secretary of the Treasury Scott Bessent has commented on the recent reconciliation vote by the House Ways & Means Committee.

Treasury Secretary Bessent to attend G7 meeting in Canada

Secretary of the Treasury Scott K.H. Bessent is set to travel to Banff, Canada, on May 20.

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.

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 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 targets Chinese firms over imports of Iranian oil

The Department of the Treasury's Office of Foreign Assets Control (OFAC) has intensified its efforts against Iran's oil exports by designating Hebei Xinhai Chemical Group Co., Ltd., a "teapot" refinery, and three port terminal operators in...

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 sanctions Burma militia linked to cyber scams

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 Secretary highlights Trump’s economic plan at Milken Institute Global Conference

Treasury Secretary Scott Bessent addressed the Milken Institute Global Conference, highlighting President Donald J. Trump's economic agenda and its potential impact on the U.S. economy.

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 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.

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 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 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).

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 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.

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.

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.

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 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...