U.S. Department of the Treasury Outlines Tax Proposals to Reduce the Deficit, Lower Costs for Working Families, and Ensure the Wealthy and Large Corporations Pay their Fair Share

WASHINGTON—Today, the U.S. Department of the Treasury released the General Explanations of the Administration’s Fiscal Year 2025 Revenue Proposals, or “Greenbook,”…

2 months ago

Secretary of the Treasury Janet L. Yellen on the Inter-American Development Bank Group Annual Meetings and IDB Invest Capital Increase

WASHINGTON – The United States applauds the successful Annual Meetings of the Inter-American Development Bank (IDB) Group and warmly welcomes…

2 months ago

On the Third Anniversary of President Biden’s American Rescue Plan, Treasury Releases New Data on How State and Local Aid Fueled National Economic Recovery

New analysis demonstrates that state and local aid fueled national economic recovery from the COVID-19 crisisWASHINGTON – Today, to mark…

2 months ago

FSOC and the Brookings Institution to host Conference on Artificial Intelligence and Financial Stability on June 6-7, 2024

WASHINGTON – The Financial Stability Oversight Council (FSOC) in partnership with the Brookings Institution, will host a two-day conference on…

2 months ago

Treasury Designates Transnational al-Shabaab Money Laundering Network

WASHINGTON — Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) imposed sanctions on 16 entities…

2 months ago

Treasury Sanctions Companies and Individuals Advancing Russian Malign Activities in Africa

WASHINGTON – Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned two companies - one in…

2 months ago

U.S. Department of the Treasury and State Insurance Regulators Launch Coordinated Effort on Homeowners Insurance Data Collection to Assess the Effects of Climate Risk on U.S. Insurance Markets

FIO expects to begin receiving data this summer WASHINGTON – Today, the U.S. Department of the Treasury’s Federal Insurance Office (FIO)…

2 months ago

READOUT: Assistant Secretary Alexia Latortue and Special Presidential Advisor Dodd host Meeting of the Finance Track of the Americas Partnership for Economic Prosperity

PUNTA CANA – The United States hosted a meeting of the Finance Track of the Americas Partnership for Economic Prosperity…

2 months ago

Remarks by Secretary of the Treasury Janet L. Yellen Ahead of Bilateral Meeting with Vice Chancellor and Minister for Economic Affairs and Climate Action Robert Habeck of Germany

As Prepared for DeliveryVice Chancellor Habeck, thank you for joining me here at Treasury, to discuss areas of shared importance…

2 months ago

READOUT: At Edison Electric Institute, Deputy Secretary of the Treasury Wally Adeyemo Discusses Investments in Small and Underserved Businesses and Communities As Clean Energy Economy Grows

 WASHINGTON - Today, U.S. Deputy Secretary of the Treasury Wally Adeyemo joined energy industry leaders for a roundtable at the…

2 months ago