Opening Remarks by Under Secretary Brian Nelson at Executive Committee Meeting of the Terrorist Financing Targeting Center

RIYADH — On October 23, 2023, the Executive Committee of the Terrorist Financing Targeting Center (TFTC) held a meeting in Riyadh, Saudi Arabia, to continue close coordination on countering terrorist financing. This meeting, originally scheduled for November, was convened urgently and covered regional threats, the facilitation of humanitarian aid to the people of Gaza, and […]

Remarks by Assistant Secretary of Treasury for International Finance Brent Neiman at John Hopkins School for Advanced International Studies

As Prepared for Delivery Thank you for the invitation to speak here today at SAIS. As an academic, I’ve had brilliant colleagues and former PhD students of mine join your faculty. As a policymaker, I get to work closely with your impressive alumni, many of which are on the Treasury team and working across the […]

Treasury Department Releases Report Card on How President Biden’s Investing in America Agenda is Supporting Record Small Business Growth

New data show how communities are using the nearly $22 billion made available for thousands of small business support projects across three Treasury Department-led programs, in addition to $12.8 billion reported for over 4,200 worker support projects WASHINGTON – Today, the U.S. Department of the Treasury released a report card detailing how the Department’s implementation […]

READOUT: First Meeting of the Economic Working Group Between the United States and the People’s Republic of China

WASHINGTON – Today, the United States and the People’s Republic of China held the first meeting of the Economic Working Group (EWG), which serves as an ongoing channel to discuss and facilitate progress on bilateral economic policy matters. The delegations met virtually for two hours and had a productive and substantive discussion on topics including […]

U.S. Treasury Department Releases Report on the Historically Equitable Economic Recovery From the Pandemic

New report shows that President Biden’s American Rescue Plan effectively delivered resources and aid to historically underserved communities, enabling economic recovery far more quickly than in previous downturns. WASHINGTON – Today, the U.S. Department of the Treasury released a report providing new evidence that the recovery from the economic harm of the COVID-19 pandemic was […]

Remarks by Assistant Secretary of Treasury for International Finance Brent Neiman at Johns Hopkins School for Advanced International Studies

As Prepared for Delivery Thank you for the invitation to speak here today at SAIS. As an academic, I’ve had brilliant colleagues and former PhD students of mine join your faculty. As a policymaker, I get to work closely with your impressive alumni, many of which are on the Treasury team and working across the […]

Under Secretary for Terrorism and Financial Intelligence Brian Nelson to Travel to the Middle East

WASHINGTON – Under Secretary of the Treasury for Terrorism and Financial Intelligence Brian Nelson will travel to Riyadh, Saudi Arabia and Doha, Qatar from October 23-26, 2023 to further U.S. efforts to deny Hamas and other terrorist organizations the ability to raise and move funds for their violent acts. He will also discuss the facilitation […]

Agencies Extend Comment Period on Proposed Rules to Strengthen Large Bank Capital Requirements

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FACT SHEET: How the Inflation Reduction Act’s Tax Incentives Are Ensuring All Americans Benefit from the Growth of the Clean Energy Economy

WASHINGTON—President Biden’s Inflation Reduction Act is the most significant legislation to combat climate change in our nation’s history, and one of the largest investments in the American economy in a generation. Already, this investment and the U.S. Department of the Treasury’s implementation of the law has unleashed an investment and manufacturing boom in the United […]

Joint Statement of Janet L. Yellen, Secretary of the Treasury, and Shalanda D. Young, Director of the Office of Management and Budget, on Budget Results for Fiscal Year 2023

WASHINGTON — U.S. Secretary of the Treasury Janet L. Yellen and Office of Management and Budget (OMB) Director Shalanda D. Young today released the final budget results for fiscal year (FY) 2023. The Biden-Harris Administration’s record of building the economy from the middle out and bottom up helped sustain a significant economic recovery and laid […]