READOUT: Under Secretary for International Affairs Jay Shambaugh Meets with Minister of Finance Sergii Marchenko of Ukraine

WASHINGTON — On Monday, Under Secretary for International Affairs Jay Shambaugh met with Ukraine’s Minister of Finance Sergii Marchenko on…

2 weeks ago

Filing Season 2024 Report Card: IRS Builds On 2023 Progress, Delivers World Class Customer Service Thanks to Inflation Reduction Act

IRS Achieved 88% Level of Service, Cut Call Wait Times to 3 Minutes, Answered 1 Million More Calls Than Filing…

2 weeks ago

United States and United Kingdom Take Action to Reduce Russian Revenue from Metals

New Prohibitions Issued on Aluminum, Copper, and NickelWASHINGTON — Today, the U.S. Department of the Treasury, in coordination with the…

3 weeks ago

Treasury Targets Hamas UAV Unit Officials and Cyber Actor

WASHINGTON — Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is taking action against Hamas,…

3 weeks ago

Treasury Proposes Regulatory Update to Sharpen and Enhance CFIUS Procedures and Enforcement Authorities to Protect National Security

WASHINGTON — Today, the U.S. Department of the Treasury, as Chair of the Committee on Foreign Investment in the United…

3 weeks ago

Remarks by Under Secretary for International Affairs Jay Shambaugh on the U.S. Vision for Global Debt and Development Finance

As Prepared for DeliveryThank you, Peter, for the kind introduction. And thank you to Adam Posen and the Peterson Institute…

3 weeks ago

Acting Comptroller Discusses Creating Economic Opportunity for New Americans

WASHINGTON—Acting Comptroller of the Currency Michael J. Hsu today discussed the value of financial literacy for new Americans in remarks…

3 weeks ago

OCC Extends Comment Period for Proposed Rulemaking and Policy Statement on Bank Mergers

WASHINGTON—The Office of the Comptroller of the Currency (OCC) announced today that it will extend until June 15, 2024, the…

3 weeks ago

Remarks by Deputy Secretary of the Treasury Wally Adeyemo at Good Jobs Solar Summit

As Prepared for DeliveryThank you, General President Booker, and thank you to LiUNA, IBEW and IUOE for inviting me to…

3 weeks ago

U.S. Department of the Treasury and IRS Release Proposed Guidance on Stock Buyback Excise Tax to Ensure Large Corporations Pay More of Their Fair Share in Taxes

WASHINGTON – Today, the U.S. Department of the Treasury and Internal Revenue Service (IRS) issued two Notices of Proposed Rulemaking…

3 weeks ago