Remarks by Treasury Secretary Scott Bessent before the Petroleum Club of Houston
Good morning. Thank you to the Petroleum Club of Houston for welcoming me today.One of the great privileges of my role as…
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May 2026 Producer Price Index — 2026-06-11
The Producer Price Index for final demand rose 1.1 percent in May, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today.…
Stocks
SEC Proposes Rescission of Regulation NMS Rules 611 and 610(e)
The Securities and Exchange Commission today proposed amendments to rescind Rules 611 and 610(e) of Regulation NMS. “After two decades of Rule…
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Treasury Secretary Scott Bessent and First Lady Melania Trump Announce Access to Trump Accounts for Foster Youth, under Mrs. Trump’s Fostering the Future Initiative
WASHINGTON, D.C. – Today, U.S. Treasury Secretary Scott Bessent and First Lady Melania Trump unveiled a new policy initiative designed to strengthen…
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Remarks by Treasury Secretary Scott Bessent at The Trump Accounts for Foster Youth Event
Please join me in thanking the First Lady for those thoughtful remarks.Fostering the Future is the latest expression of her longstanding work…
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May 2026 Consumer Price Index — 2026-06-10
The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.5 percent on a seasonally adjusted basis in May, after rising 0.6…
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May 2026 Real Earnings — 2026-06-10
Real average hourly earnings for all employees decreased 0.1 percent from April to May, seasonally adjusted, the U.S. Bureau of Labor Statistics…
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Treasury Previews Education Freedom Tax Credit Guidance
WASHINGTON — The U.S. Department of the Treasury previewed forthcoming Treasury and IRS guidance for the implementation of the new federal scholarship…
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Economic Fury Disrupts Foreign Networks Supporting Iran’s Military and Weapons Programs
WASHINGTON—Today, as part of Economic Fury, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned nine individuals and…
Investing
Treasury Releases Social Security and Medicare Trustees Reports
WASHINGTON – Following a meeting of the Social Security and Medicare Boards of Trustees, the U.S. Department of the Treasury—joined by Departments…
Stocks
SEC Establishes Joint Data Standards as Required Under the Financial Data Transparency Act of 2022
The U.S. Securities and Exchange Commission established joint data standards under the Financial Data Transparency Act of 2022. The final rule establishes…
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May 2026 Employment Situation — 2026-06-05
Total nonfarm payroll employment increased by 172,000 in May, and the unemployment rate was unchanged at 4.3 percent, the U.S. Bureau of…
Banking
Agency Information Collection Activities: Information Collection Extension; Comment Request; Regulatory Capital Reporting for Institutions Subject to the Advanced Capital Adequacy — 2026-06-05 [2026-11344]
Office of the Comptroller of the Currency (OCC), Treasury; Board of Governors of the Federal Reserve System (Board); and Federal Deposit Insurance…
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Economic Fury Targets Iranian LPG Smuggling and Shadow Banking Networks
WASHINGTON—Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is designating a network of individuals, entities, and vessels…
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FinCEN Asks Financial Institutions to Detect and Report Illicit Activity Related to Illegal Aliens
WASHINGTON—Today, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued an Advisory urging financial institutions to be vigilant against…
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2026 First Quarter (Revised) Productivity and Costs — 2026-06-04
Nonfarm business sector labor productivity increased 0.3 percent in the first quarter of 2026, the U.S. Bureau of Labor Statistics reported today…
Banking
Comptroller Gould Testifies on Agency Activities — 2026-06-04
WASHINGTON—Comptroller Jonathan V. Gould today testified on the Office of the Comptroller of the Currency’s (OCC) priorities and activities before the U.S.…
Stocks
SEC Announces New Members of Small Business Capital Formation Advisory Committee
The Securities and Exchange Commission today announced five new members of the Small Business Capital Formation Advisory Committee. The new members were…
Investing
Statement from Secretary of the Treasury Scott Bessent Before the United States House of Representatives Ways and Means Committee
Chairman Smith, Ranking Member Neal, and members of the Committee, thank you for convening today’s hearing. I’m grateful for this opportunity to…
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April 2026 — 2026-06-03
Unemployment rates were higher in April than a year earlier in 200 of the 387 metropolitan areas, lower in 152 areas, and…
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Statement from Secretary of the Treasury Scott Bessent Before the United States Senate Finance Committee
Chairman Crapo, Ranking Member Wyden, and members of the committee, thank you for convening today’s hearing. I’m grateful for this opportunity to…
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Fourth Quarter — 2026-06-02
From December 2024 to December 2025, employment increased in 169 of the 372 largest U.S. counties, the U.S. Bureau of Labor Statistics…
Investing
April 2026 — 2026-06-02
The number of job openings increased to 7.6 million in April, the U.S. Bureau of Labor Statistics reported today. Over the month…
Banking
Agencies Remove Additional References to Reputation Risk — 2026-06-02
The federal bank regulatory agencies today jointly updated certain interagency documents to remove references to reputation risk. The agencies are taking this…