U.S. Department of the Treasury

Treasury Issues Proposed Rule to Implement Comprehensive Outbound Investment National Security Act

WASHINGTON– The U.S. Department of the Treasury (Treasury) today issued a Notice of Proposed Rulemaking (NPRM) to propose updates to the Outbound Investment Security Program (OISP) based on direction ...
U.S. Department of the Treasury

The Trump Administration is Making Homeownership More Affordable

Proposed Rules Implement the ROAD to Housing Act and Support Affordable Homeownership in America  WASHINGTON — Today, the U.S. Department of the Treasury issued proposed regulations to make ...
Opinion
U.S. Department of the TreasuryOpinion

Statement from U.S. Secretary of the Treasury Scott Bessent for the World Bank Development Committee and IMF International Monetary and Financial Committee

This year’s Annual Meetings of the International Monetary Fund (IMF) and World Bank provide an important opportunity to engage on current global economic challenges as well as our work with partners ...
U.S. Department of the Treasury

U.S. Treasury Announces Record Enforcement Actions Against Bank of America

Third-Largest Penalty in Treasury History; Largest in OCC History WASHINGTON—Today, the U.S. Department of the Treasury announced enforcement actions imposing more than $1.21 billion in penalties ...
U.S. Department of the Treasury

Treasury International Capital Data for August 2026

The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for August 2026.  The next release, which will report on data for September 2026, is scheduled for November ...
U.S. Department of the Treasury

Treasury Targets Cartel del Noreste’s Horse Racing Enterprise and Expansive Criminal Network

Sanctions Disrupt CDN’s Integrated Commercial Operations Supporting Violenceand Cross‑Border Corruption WASHINGTON — Today, ...
Fiscal Service

U.S. Treasury Identifies $270 Million in Suspicious Activity Linked to Federal Student Aid Fraud

WASHINGTON - The U.S. Department of the Treasury announced today that its Financial Crimes Enforcement Network (FinCEN) has identified approximately $270 million in suspicious financial activity ...
Fiscal Service

Treasury and IRS Move to Protect Health Care Benefits for Eligible Americans

Proposed Rules Implement Working Families Tax Cuts Reforms to Prevent Fraud and Abuse of the Premium Tax Credit WASHINGTON — The U.S. Department of the Treasury (Treasury) and the Internal Revenue ...
Fiscal Service

Operation Economic Outcast Targets Iran’s International Financial Networks and Shadow Banking Architecture

WASHINGTON—Today, as part of Operation Economic Outcast, the U.S. Department of the Treasury disrupted Iran’s efforts to infiltrate the international financial system through an Iraqi bank that also ...
Fiscal Service

Treasury Sanctions Sinaloa Cartel Leadership and Corruption Networks

WASHINGTON—Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned nearly 50 targets who serve as leaders or facilitators for the Sinaloa Cartel. The 21 ...
Fiscal Service

Treasury Announces Enforcement Penalty for Violation of Outbound Program

WASHINGTON, DC – In July 2026, the U.S. Department of the Treasury (Treasury) issued its first civil penalty under the Outbound Investment Security Program (OISP). Treasury penalized Amidi, LLC (Amidi ...
Fiscal Service

Operation Economic Outcast Takes Down Iranian Military Procurement Networks

WASHINGTON—Today, under Operation Economic Outcast, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned 10 individuals and entities in multiple jurisdictions that ...