Economy

U.S.-UK Transatlantic Taskforce for the Markets of the Future Publishes Recommendations to Prom...

The U.S. Department of the Treasury and HM Treasury jointly published today a set of

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Treasury International Capital Data for May

WASHINGTON – The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for May 2026.  The next release, which will report on data for June 2026, is sch...

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Treasury Intensifies Pressure on Shamkhani’s Expansive Illicit Shipping Empire

WASHINGTON—Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) is intensifying its efforts to disrupt and degrade the illicit shipping and sanctions evasion n...

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Treasury Announces Frank Bisignano to Lead Next Phase of Trump Accounts Expansion

WASHINGTON— Following the historic joint bell-ringing in the Oval Office on July 6, 2026, marking the launch of Trump Accounts, the U.S. Department of the Treasury announces that Frank B...

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Treasury Targets Global Network Procuring Weapons for Iranian Regime

WASHINGTON—Today, following Iran’s attacks on commercial vessels in the Strait of Hormuz, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned seven i...

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READOUT: Financial Stability Oversight Council Meeting on July 15, 2026

WASHINGTON – Today, U.S. Secretary of the Treasury Scott Bessent convened a meeting of the Financial Stability Oversight Council (Council) in executive session at the U.S. Department of...

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Treasury Sanctions Brazilian Criminal Network Exploiting U.S. Financial System to Launder Drug...

WASHINGTON—Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated two Brazilian nationals, three Brazilian companies, and one Portuguese company...

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Treasury Announces Investment Lineup for Trump Accounts

WASHINGTON, D.C. — The U.S. Department of the Treasury today announced the investment lineup for Trump Accounts, including the initial default investment that will be available at launch...

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Treasury and IRS to Accept Philanthropic Stock Contributions for Trump Accounts

WASHINGTON, D.C. —  The U.S. Department of the Treasury today announced that it will accept large philanthropic contributions of readily tradable public company stock to support Trump Ac...

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A Look at the First-Year Results of the Working Families Tax Cuts

American Families and Workers Claimed Over $82 billion in Individual Relief Directly from the Working Families Tax CutsWASHINGTON – As America celebrates its 250th annivers...

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