Economy

U.S. Treasury Announces the Official Launch of Trump Accounts and Full Scope of the App

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 th...

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Making Market History: America Celebrates President Trump’s Joint Bell-Ringing Ceremony as Trum...

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...

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Treasury Calls for Large Position Reports

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...

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Secretary Scott Bessent Delivers Remarks at the Official Unveiling of the President Donald J. T...

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 Representativ...

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Treasury Targets Key Supreme Leader Financier and Iran’s Shadow Exchange Houses

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) ...

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Treasury Sanctions Malware and Infrastructure Providers Supporting Ransomware Attacks Against A...

WASHINGTON — Today, the Office of Foreign Assets Control (OFAC) is designating two individuals and one entity enabling ransomware actors’ and other cybercriminals’ malign activities, not...

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Housing Crisis in Focus: LIHTC Best Practices to Discourage Qualified Contracts and Keep Housin...

Post-pandemic surges in housing costs have laid bare the housing affordability crisis facing Americans. According to

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How does the Well-Being of Young Adults Compare to Their Parents’?

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 i...

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A Third Quarter Update to “The Purchasing Power of American Households”

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 y...

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Exploring Title Insurance, Consumer Protection, and Opportunities for Potential Reforms

By Jeanette Quick, Deputy Assistant Secretary for Financial Institutions PolicyOn July 10, 2024, the U.S. Department of the Treasury’s Federal Insurance Office (FIO) hosted a roun...

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