Economy Statement for the Treasury Borrowing Advisory Committee
IntroductionDespite multiple winter storms in January creating a drag early in the quarter, February and March saw stronger performance, indicating that economic…
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Treasury Announces Marketable Borrowing Estimates
Sources and Uses TableWASHINGTON -- The U.S. Department of the Treasury today announced its current estimates of privately-held net marketable borrowing[1] for…
Investing
Treasury Targets Vessels Delivering Oil Derivatives to the Houthis
WASHINGTON — Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) is targeting three vessels and their owners for…
Banking
OCC Announces Settlements with Former Wells Fargo Internal Auditors — 2025-04-25
WASHINGTON—The Office of the Comptroller of the Currency (OCC) today announced settlements with David Julian, former Chief Auditor at Wells Fargo Bank…
Investing
Readout from Secretary of the Treasury Scott Bessent’s and United States Trade Representative Jamieson Greer’s Meeting with Deputy Prime Minister Sang-mok Choi and Minister Duk-Geun Ahn
WASHINGTON – Yesterday, Secretary of the Treasury Scott K.H. Bessent and U.S. Trade Representative Jamieson Greer met with Deputy Prime Minister and…
Investing
Readout from Secretary of the Treasury Scott Bessent’s Meeting with Finance Minister Sri Mulyani Indrawati of Indonesia
WASHINGTON – Yesterday, Secretary of the Treasury Scott K.H. Bessent met with Finance Minister Sri Mulyani Indrawati of Indonesia. The Secretary complimented…
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Manufacturing and Mining Industries, 2024 — 2025-04-24
Labor productivity decreased in 52 of the 86 four-digit NAICS manufacturing industries in 2024, the U.S. Bureau of Labor Statistics reported today.…
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Deputy Secretary Michael Faulkender’s Remarks at ACI CFIUS Conference
As prepared for delivery.Thank you for the introduction, Andrew, and good afternoon to everyone. It is a pleasure to be with you…
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Secretary Bessent Partners with ABA Foundation to Promote "Teach Children to Save Day"
WASHINGTON – Secretary of the Treasury Scott K.H. Bessent is pleased to be collaborating with the ABA Foundation in support of its…
Investing
2024 Employment Characteristics of Families — 2025-04-23
In 2024, 5.3 percent of families included an unemployed person, up from 4.8 percent in 2023, the U.S. Bureau of Labor Statistics…
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Secretary Bessent IMFC-DC Statement
As prepared for delivery.I look forward to this year’s Spring Meetings of the International Monetary Fund (IMF) and World Bank, and meeting…
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Treasury Secretary Scott Bessent Remarks before the Institute of International Finance
As prepared for delivery.IntroductionThank you for that kind introduction. It’s an honor to be here. In the final months of World War…
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2024 College Enrollment and Work Activity of Recent High School and College Graduates — 2025-04-22
In October 2024, 62.8 percent of 2024 high school graduates ages 16 to 24 were enrolled in colleges or universities, little changed…
Banking
Modifications to the Capital Plan Rule and Stress Capital Buffer Requirement — 2025-04-22 [2025-06863]
Board of Governors of the Federal Reserve System. The Board is inviting public comment on a notice of proposed rulemaking (the proposal)…
Crypto
SEC Charges PGI Global Founder with $198 Million Crypto Asset and Foreign Exchange Fraud Scheme
The Securities and Exchange Commission today charged Ramil Palafox for orchestrating a fraudulent scheme that raised approximately $198 million from investors worldwide…
Investing
Treasury Targets Iranian Liquified Petroleum Gas Magnate
WASHINGTON — Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) is designating Iranian national and liquified petroleum gas…
Stocks
Paul S. Atkins Sworn In as SEC Chairman
Paul S. Atkins was sworn into office today as the 34th Chairman of the Securities and Exchange Commission. Chairman Atkins was nominated…
Stocks
SEC Awards $6 Million to Joint Whistleblowers
The Securities and Exchange Commission today announced an award of approximately $6 million to joint whistleblowers who provided new information that led…
Investing
State Employment and Unemployment (Monthly) News Release - 2025 M03 Results — 2025-04-18
(NOTE: On July 18, 2025, BLS corrected errors in seasonally adjusted estimates for all employees in state government and its aggregates for…
Banking
Temporary Exceptions to FIRREA Appraisal Requirements in Los Angeles County as Affected by California Wildfires and Straight-Line Winds — 2025-04-18 [2025-06748]
Office of the Comptroller of the Currency (OCC), Treasury; Board of Governors of the Federal Reserve System (Board); Federal Deposit Insurance Corporation…
Banking
OCC Announces Conditional Approval of Capital One, National Association to Acquire Discover Bank — 2025-04-18
WASHINGTON—The Office of the Comptroller of the Currency (OCC) announced today that it has conditionally approved the merger of Discover Bank, Greenwood…
Banking
OCC Announces Enforcement Actions for April 2025 — 2025-04-17
WASHINGTON—The Office of the Comptroller of the Currency (OCC) today released enforcement actions taken against individuals currently and formerly affiliated with banks…
Stocks
SEC Small Business Advisory Committee to Explore Regulation A
The Securities and Exchange Commission’s Small Business Capital Formation Advisory Committee announced that its meeting on Tuesday, May 6, 2025, will focus…
Investing
Treasury Targets International Bank of Yemen for Support to the Houthis
WASHINGTON — Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) is sanctioning Yemen-based International Bank of Yemen Y.S.C.…