Economy

Scott Bessent sworn in as 79th Secretary of the Department of Treasury

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

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Treasury Targets Oil Network Generating Hundreds of Millions of Dollars for Iran’s Military

WASHINGTON — Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) is sanctioning an international network for facilitating the shipment of millions of barrels...

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United States Department of the Treasury Announces New Appointments

WASHINGTON – Secretary of the Treasury Scott Bessent announced today President Trump’s intent to nominate Luke Pettit and Jason De Sena Trennert for positions at the United States Depart...

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Penny Production Cessation FAQs

The following recommendations are non-binding guidance. All must comply with otherwise applicable restrictions.Frequently Asked Questions: BusinessesWhy is penny production...

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Treasury Accepting Whistleblower Tips on Fraud, Money Laundering, Sanctions Violations

WASHINGTON—The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) today launched a 

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Achieving our Objectives, Supporting our Stakeholders: OFAC-OFSI Enhanced Partnership Exchange...

Sanctions are among the most powerful tools available to the U.S. and UK governments in advancing our respective foreign policy and national security interests. In January 2026, as part...

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Australian Office of Financial Management independent review – Treasury response

Date09 July 2026 TreasuryGovernment Response2026

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First Nations Economic Partnership Working Groups

Date10 July 2026 Australian Government2026

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First Nations Economic Partnership Annual Workplan

Date10 July 2026 Australian Government2026

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Government response to Senate report on the Treasury Laws Amendment (Financial Market Infrastru...

Date13 July 2026 Australian GovernmentBusi...

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