They jointly confirm the continued “close consultations on macroeconomic and foreign exchange matters.” After Treasury Secretary Scott Bessent’s recent trip to Asia, the U.S. Department of the Treasury…
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U.S. Treasury Sanctions Russian Oil Companies
The administration responds to President Putin’s lack of good faith in negotiating for peace in Ukraine. Department of the Treasury’s Office of Foreign Assets Control imposed sanctions on…
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Treasury Secretary Meets with China’s Vice Premier
The two leaders discussed ways to improve trade and reduce tariffs. U.S. Treasury Secretary Scott Bessent met with Chinese Vice Premier He Lifeng in Kuala Lumpur ahead of…
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U.S. Treasury Conducts $20 Billion Bailout of Argentina’s Peso
Treasury secretary said, “Argentina faces a moment of acute liquidity.” Treasury Secretary Scott Bessent recently announced that the United States has supported the Argentine Peso with a $20…
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U.S. and U.K. Target Southeast Asia Cybercrime Networks
The Treasury Department reports that U.S. citizens have lost more than $16.6 billion in online investment scams in recent years. The U.S. Department of the Treasury’s Office of…
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Treasury Department Sanctions 50 More Iranian Entities
The fourth round of new sanctions seeks to pressure the oil and gas network. The Treasury Department’s Office of Foreign Assets Control (OFAC) recently announced sanctions on 50…
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President Trump to Meet with President XI During APEC Summit
Treasury secretary addresses U.S.-China trade tensions over rare earth exports and tariff threats. Last week, President Trump stated he may impose an additional 100 percent tariff on Chinese…
Read MoreTreasury Secretary Announces SSA Commissioner as CEO of IRS
Secretary Bessent said Commissioner Bisignano is “a businessman with an exceptional track record of driving growth and efficiency in the private and now public sector.” U.S. Treasury Secretary…
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Treasury Secretary Confirms Framework of TikTok Deal Between U.S. and China
The question of who would be in control of TikTok’s algorithm has reportedly been resolved. Treasury Secretary Scott Bessent said that Washington and Beijing had agreed on a…
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President’s Administration Files Emergency Appeal to Supreme Court over Tariff Ruling
The solicitor general stated that the lower court’s decision “has disrupted highly impactful, sensitive, ongoing diplomatic trade negotiations.” President Donald Trump’s administration filed a petition this week with…
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