Featured Stories

  • Your Money and Coronavirus: Resources for Financial Relief

    FEDERAL RESOURCES FOR QUICKER FINANCIAL RELIEF   The Treasury Department is delivering the second round of Economic Impact Payments to millions of Americans. There is no action required by eligible individuals to receive this second payment. As with the first round of payments in 2020, most recipients will receive these payments by direct deposit. For

    February 9, 2021
  • FACT SHEET: Treasury to Work to Ensure Families Get Access to Economic Impact Payments

    In response to President Biden’s COVID-19 Economic Relief Executive Order launching an all-of-government effort to provide economic relief, the U.S. Department of the Treasury will work to stand up an effort to help households who have not yet been able to access their stimulus payments get much-needed relief. As many as 8 million households may

    February 9, 2021
  • Statement from Secretary of the Treasury Janet L. Yellen on the Congressional Budget Office Economic Outlook Report

    Yesterday’s CBO forecast is more evidence that we desperately need Congress to act on a rescue package. Last year, the economy shrunk more than any other since the end of World War II. With the growth that the CBO projects, it will be years before the country reaches full employment again. Then there are the

    February 9, 2021
  • Statement by Secretary of the Treasury Janet L. Yellen on the Historic Impact of Economic Crises on People of Color

    (Remarks as prepared) Today, Secretary Yellen spoke at a virtual roundtable with Vice President Kamala D Harris and participants from local Black Chambers of Commerce from across the country to discuss the importance of passing the American Rescue Plan. Thank you all for joining us. I know the members of the Black Chambers of Commerce

    February 9, 2021
  • QUARTERLY REFUNDING STATEMENT OF DEPUTY ASSISTANT SECRETARY FOR FEDERAL FINANCE BRIAN SMITH

    WASHINGTON — The U.S. Department of the Treasury is offering $126 billion of Treasury securities to refund approximately $62.9 billion of privately-held Treasury notes and bonds maturing on February 15, 2021. This issuance will raise new cash of approximately $63.1 billion. The securities are: A 3-year note in the amount of $58 billion, maturing February 15,

    February 9, 2021
  • Minutes of the Meeting of the Treasury Borrowing Advisory Committee of the Securities Industry and Financial Markets Association February 2, 2021

    The Committee convened in a closed session via teleconference at 9:00 a.m.  All members were present, except for Christine Hurtsellers.  Deputy Assistant Secretary for Federal Finance Brian Smith, Director of the Office of Debt Management Fred Pietrangeli, and Deputy Director of the Office of Debt Management Nick Steele welcomed the Committee, including the newest member

    February 9, 2021
  • Treasury Announces Appointment of Several Members of Staff

    WASHINGTON – Today, the United States Department of the Treasury announced the appointment of new members of key staff. This diverse and deeply experienced team is prepared to deliver results for the American people by getting the economy back on track, strengthening the financial system, and restoring jobs. Biographies of the appointees are listed below

    February 9, 2021
  • Tax Filing Season Begins February 12; Learn More Tax Tips and Ways to Speed Your Refund

    The Internal Revenue Service announced that the nation’s tax season will start on Friday, February 12, 2021, when the tax agency will begin accepting and processing 2020 tax year returns. The February 12 start date for individual tax return filers allows the IRS time to do additional programming and testing of IRS systems following the

    February 9, 2021
  • Explore the History of the U.S Department of the Treasury

    The management of the money resources of the United States has always been the primary function of the Department of the Treasury.   Whether it is regulating national banks, determining international economic policy, collecting income and excise taxes, issuing securities, reporting the government’s daily financial transactions, or manufacturing coins or bills for circulation, the one

    February 9, 2021
  • Remarks by Counselor to the Secretary Carter Burwell at the Washington Institute

    As prepared for delivery Introduction   Good morning, everyone. My name is Carter Burwell, and I serve as Counselor to the Secretary for Terrorism and Financial Intelligence at the United States Department of the Treasury. I am sorry to be giving these remarks remotely, and that we all could not be together in person. But

    December 9, 2020
  • Tax Cuts and Jobs Act: Delivering for Businesses, for Families, and for You

    [cmsmasters_row data_padding_bottom_mobile_v=”0″ data_padding_top_mobile_v=”0″ data_padding_bottom_mobile_h=”0″ data_padding_top_mobile_h=”0″ data_padding_bottom_tablet=”0″ data_padding_top_tablet=”0″ data_padding_bottom_laptop=”0″ data_padding_top_laptop=”0″ data_padding_bottom_large=”0″ data_padding_top_large=”0″ data_padding_bottom=”50″ data_padding_top=”0″ data_bg_parallax_ratio=”0.5″ data_bg_size=”cover” data_bg_attachment=”scroll” data_bg_repeat=”no-repeat” data_bg_position=”top center” data_color=”default” data_bot_style=”default” data_top_style=”default” data_padding_right=”3″ data_padding_left=”3″ data_width=”boxed” data_shortcode_id=”21c9gsadru”][cmsmasters_column data_width=”1/1″ data_animation_delay=”0″ data_border_style=”default” data_bg_size=”cover” data_bg_attachment=”scroll” data_bg_repeat=”no-repeat” data_bg_position=”top center” data_shortcode_id=”a6cutdynf9″][cmsmasters_text shortcode_id=”4jscsonw4″ animation_delay=”0″] THE TAX CUTS AND JOBS ACT IS DELIVERING FOR FAMILIES AND FOR YOU. Nearly two years since the

    February 14, 2020
  • Combatting Human Trafficking

    [cmsmasters_row data_padding_bottom_mobile_v=”0″ data_padding_top_mobile_v=”0″ data_padding_bottom_mobile_h=”0″ data_padding_top_mobile_h=”0″ data_padding_bottom_tablet=”0″ data_padding_top_tablet=”0″ data_padding_bottom_laptop=”0″ data_padding_top_laptop=”0″ data_padding_bottom_large=”0″ data_padding_top_large=”0″ data_padding_bottom=”50″ data_padding_top=”0″ data_bg_parallax_ratio=”0.5″ data_bg_size=”cover” data_bg_attachment=”scroll” data_bg_repeat=”no-repeat” data_bg_position=”top center” data_color=”default” data_bot_style=”default” data_top_style=”default” data_padding_right=”3″ data_padding_left=”3″ data_width=”boxed” data_shortcode_id=”cs8jvu8qa8″][cmsmasters_column data_width=”1/1″ data_animation_delay=”0″ data_border_style=”default” data_bg_size=”cover” data_bg_attachment=”scroll” data_bg_repeat=”no-repeat” data_bg_position=”top center” data_shortcode_id=”6j6sx33fmj”][cmsmasters_text shortcode_id=”7qtknb7ewp” animation_delay=”0″] TREASURY’S ROLE IN COMBATTING HUMAN TRAFFICKING Human trafficking is a transnational threat that preys on society’s most vulnerable populations

    February 14, 2020