American Families and Workers Claimed Over $82 billion in Individual Relief Directly from the Working Families Tax CutsWASHINGTON – As America celebrates its 250th anniversary, we also mark another milestone: one year since President Trump signed the Working Families Tax Cuts i...
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Washington, D.C. – The U.S. Department of the Treasury today announced the official launch of the full Trump Accounts app, giving American families a new way to view, manage, and grow their children’s stake in the nation’s economic future.On the 250th anniversary of the founding of th...
WASHINGTON, D.C. - Today, the New York Stock Exchange and Nasdaq joined President Donald J. Trump, U.S. Secretary of the Treasury Scott Bessent, and other influential leaders in the Oval Office to ring the opening bell in celebration of the first market opening after the full launch of Trump...
WASHINGTON – The U.S. Department of the Treasury is calling for Large Position Reports from those entities whose positions in the Treasury Floating Rate Note due January 2026 equaled or exceeded $8.4 billion as of Friday, January 23, 2026, or Friday, January 30, 2026. Entities with positions...
As prepared for delivery.Good morning. Thank you to Senator Blackburn for that kind introduction and for inviting me to say a few words. Let me begin by recognizing Representative Jeremy Faison for his leadership. Of course, I also want to acknowledge members of the Trump family who...
WASHINGTON—Today, following Iran’s resumption of attacks on international shipping in the Strait of Hormuz, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) took action against Iranian financial facilitator Ali Ansari (Ansari), who oversees a sprawling global net...
WASHINGTON — Today, the Office of Foreign Assets Control (OFAC) is designating two individuals and one entity enabling ransomware actors’ and other cybercriminals’ malign activities, notably ransomware attacks against Americans. These include First VPN Service (1VPNS), a virtual private net...
Post-pandemic surges in housing costs have laid bare the housing affordability crisis facing Americans. According to a report...
By Laura Feiveson, Deputy Assistant Secretary for MicroeconomicsOver the last few decades, there has been a pervasive sense of a decline in intergenerational mobility. A report in Science found that 90 percent of children born in the 1940s earned more than their parents did at age 30...
In the year ending in the third quarter of 2024, the median American worker could afford the same goods and services as they did in 2019, plus an additional $1,600 to spend or save per year.In the third quarter of 2024, median weekly real earnings—that is, earnings that have been adju...