Tag: scott_bessent

Treasury Unveils Redesigned CFIUS Website to Streamline Foreign Investment Reviews

29 Jul 2026 8:32 a.m. · Source: US Treasury

The U.S. Treasury launched a redesigned CFIUS website, CFIUS.gov, featuring a pre-filing portal, risk matrix, and process guidance. This aims to modernize information access and streamline foreign investment reviews, enhancing national security and economic engagement.

Politics and Government Business Federal Government Economy Trade Computers and Internet US Department of the Treasury CFIUS Foreign Investment National Security Scott Bessent Chris Pilkerton Government US Treasury
Treasury Secretary Bessent Hails "Historic" Launch of Trump Accounts, Citing 7 Million Enrollments

27 Jul 2026 1:34 p.m. · Source: US Treasury

U.S. Treasury Secretary Scott Bessent announced the successful launch of Trump Accounts, enrolling 7 million children. The program provides seed investments and aims to boost financial literacy and an "ownership economy" for American youth.

Politics and Government Business Federal Government Economy Financial Markets Education Artificial Intelligence Scott Bessent Trump Accounts Financial Literacy U.S. Treasury Investment Accounts Digital Financial Literacy Ownership Economy US Treasury
Treasury Removes 84 from Sanctions List in Modernization Push

27 Jul 2026 1:33 p.m. · Source: US Treasury

The U.S. Treasury's OFAC removed 84 individuals and entities from its sanctions list, updating 22 entries and resolving 18 duplicates. This is the second phase of a modernization effort to ensure sanctions are targeted and effective, supported by a new…

Politics and Government Business Law Enforcement Federal Government General Politics Economy Legal Financial Markets U.S. Department of the Treasury OFAC Sanctions Modernization Scott Bessent Trump Administration Reconsideration Portal US Treasury
Treasury to Host FLEC Meeting on Digital Financial Literacy

27 Jul 2026 10:23 a.m. · Source: US Treasury

The U.S. Treasury will host a public meeting of the Financial Literacy and Education Commission (FLEC) on July 27, 2026. Chaired by Secretary Scott Bessent, the meeting will focus on advancing digital financial literacy and education.

Politics and Government Business Federal Government Economy Education U.S. Treasury Financial Literacy and Education Commission Scott Bessent Digital Financial Literacy Financial Education Washington D.C.Public Meeting US Treasury
FinCEN Alerts Financial Institutions to Federal Student Aid Fraud Schemes

24 Jul 2026 10:12 a.m. · Source: US Treasury

FinCEN has issued an alert to financial institutions regarding widespread fraud targeting federal student aid. The alert details schemes involving 'ghost students' and 'straw students' and urges vigilance to detect and report suspicious activity.

Politics and Government Business Law Enforcement Federal Government Economy Education Legal Artificial Intelligence FinCEN Federal Student Aid Fraud Schemes Financial Crime Government Benefits Fraud U.S. Treasury Scott Bessent US Treasury
Treasury Report Finds No Currency Manipulators, Ten Nations on Monitoring List

23 Jul 2026 4:12 p.m. · Source: US Treasury

The U.S. Treasury's latest report found no major trading partners manipulated their currency through December 2025, but ten economies, including China, remain on a monitoring list for close attention to their foreign exchange policies.

Politics and Government Business World Federal Government Economy Trade Financial Markets General Politics US Department of the Treasury Foreign Exchange Currency Manipulation Trade Policy Monitoring List Scott Bessent China US Treasury
US Treasury Secretary Praises Pakistan's Economic Reforms

22 Jul 2026 11:46 a.m. · Source: US Treasury

U.S. Treasury Secretary Scott Bessent met with Pakistan's Finance Minister Muhammad Aurangzeb, commending progress on macroeconomic stability and fiscal consolidation. Bessent urged sustained reforms for durable growth and supported Pakistan's return to international capital markets.

Business Politics and Government Economy Federal Government General Politics Financial Markets US Treasury Pakistan Scott Bessent Muhammad Aurangzeb Economic Reforms Macroeconomic Stability International Capital Markets
Treasury's New System Halts $99 Million in Payments to Deceased Individuals

21 Jul 2026 6:33 a.m. · Source: US Treasury

The U.S. Treasury successfully implemented a new payment verification process, stopping over 4,900 payments worth $99 million to deceased individuals, fulfilling President Trump's executive order.

Politics and Government USA General Politics White House Federal Government Economy Legal US Treasury Payment Verification Deceased Individuals Fraud Prevention Executive Order 14249 Scott Bessent Donald J Trump
Financial Stability Council Addresses Geopolitical Risk, AI, and Market Stability

15 Jul 2026 4:21 p.m. · Source: US Treasury

The Financial Stability Oversight Council, chaired by Treasury Secretary Scott Bessent, met to discuss geopolitical risk, AI's financial impact, quarterly stability, and nonbank designations, aiming to bolster U.S. financial system resilience.

Politics and Government Business Science & Technology Federal Government Economy Banking Financial Markets Artificial Intelligence Financial Stability Oversight Council Scott Bessent U.S. Department of the Treasury Geopolitical Risk Financial Stability Nonbank Financial Companies US Treasury
Financial Stability Council Addresses Geopolitical Risk, AI, and Economic Security

15 Jul 2026 4:20 p.m. · Source: US Treasury

The Financial Stability Oversight Council met to discuss geopolitical risk, AI's financial impact, Q2 2026 stability, and nonbank designations, aiming to bolster U.S. economic security and system resilience.

Business Politics and Government Science & Technology Federal Government Economy Banking Financial Markets Artificial Intelligence Computers and Internet Financial Stability Oversight Council US Treasury Scott Bessent Geopolitical Risk Financial Stability Nonbank Financial Companies
U.S. Treasury Launches Trump Accounts App to Boost Children's Financial Future

6 Jul 2026 10:29 a.m. · Source: US Treasury

President Trump and Secretary Bessent launched the Trump Accounts app, a new platform for families to manage and grow children's investments, offering financial education and aiming to expand stock ownership nationwide.

Politics and Government Business Education Federal Government Economy Financial Markets Social Issues Trump Accounts U.S. Treasury Financial Education Children's Savings Stock Market Scott Bessent Donald J Trump US Treasury
U.S. Treasury Launches Trump Accounts App Nationwide for Children's Financial Future

4 Jul 2026 12:19 p.m. · Source: US Treasury

The U.S. Treasury launched the Trump Accounts app nationwide, offering families a new platform to manage children's investments and financial education. This initiative aims to expand stock ownership and build long-term financial security for future generations.

Politics and Government Business Federal Government Economy Financial Markets Education Computers and Internet Trump Accounts U.S. Department of the Treasury Financial Education Stock Ownership Savings Platform Scott Bessent Washington D.C.US Treasury
Trump's Working Families Tax Cuts Deliver Over $82 Billion in First Year Relief

2 Jul 2026 4:07 p.m. · Source: US Treasury

One year after enactment, President Trump's Working Families Tax Cuts have provided over $82 billion in relief, primarily benefiting low- and middle-income Americans through various deductions and credits, according to a Treasury analysis.

Politics and Government Business Federal Government Republican Party Democratic Party Economy General Politics Working Families Tax Cuts Tax Relief US Treasury Donald Trump Scott Bessent American Families Personal Finance
Treasury to Accept Philanthropic Stock Contributions for Trump Accounts

2 Jul 2026 2:06 p.m. · Source: US Treasury

The U.S. Treasury will now accept philanthropic stock contributions for Trump Accounts, launching July 4, 2026. This initiative aims to boost long-term financial security for American children, with over six million families already signed up.

Politics and Government Business Federal Government Economy Financial Markets Social Issues U.S. Department of the Treasury Trump Accounts Philanthropy Stock Contributions Financial Services Children Scott Bessent US Treasury
Treasury Concludes AI Innovation Series, Emphasizing Financial System Resilience

24 Jun 2026 10:33 a.m. · Source: US Treasury

The Treasury Department concluded its AI Innovation Series, focusing on strengthening the U.S. financial system. Discussions highlighted AI's potential for growth and security, emphasizing the need for regulatory frameworks to evolve and support responsible adoption while maintaining stability.

Politics and Government Business Science & Technology Federal Government Economy Artificial Intelligence Financial Markets Computers and Internet U.S. Department of the Treasury Financial Stability Oversight Council Financial System Scott Bessent Regulatory Frameworks Innovation US Treasury
Treasury Secretary Bessent Unveils New Economic Statecraft Strategy

23 Jun 2026 7:34 p.m. · Source: US Treasury

Treasury Secretary Scott Bessent unveiled a new economic statecraft strategy, emphasizing national capacity, reciprocity, and financial leadership. Under President Trump, the U.S. aims to restore economic security, protect sovereignty, and ensure fair global trade, prioritizing American prosperity and resilience.

Politics and Government Business Science & Technology Economy Federal Government Trade Financial Markets Artificial Intelligence Scott Bessent U.S. Treasury Economic Statecraft National Security Reciprocity Donald Trump Global Economy US Treasury
FinCEN Boosts Fraud Fight with New Information Sharing Guidance

12 Jun 2026 5:03 p.m. · Source: US Treasury

FinCEN has updated guidance for financial institutions to share fraud information under the USA PATRIOT Act's 314(b) program. This aims to combat billions in annual fraud losses, empowering institutions to quickly identify and stop illicit financial activity.

Politics and Government Business Law Enforcement Federal Government Economy Legal White House Financial Markets FinCEN Fraud Financial Institutions Information Sharing USA PATRIOT Act US Treasury Scott Bessent
Treasury Secretary Bessent and First Lady Trump Unveil "Trump Accounts" for Foster Youth Financial Security

11 Jun 2026 1:09 p.m. · Source: US Treasury

Treasury Secretary Scott Bessent and First Lady Melania Trump launched an initiative to provide foster youth with "Trump Accounts," enhancing financial education and wealth-building opportunities for long-term independence.

Politics and Government Business Federal Government Economy Social Issues Education Scott Bessent Melania Trump Trump Accounts Foster Youth Financial Security U.S. Department of the Treasury Fostering the Future Initiative US Treasury
US Treasury and First Lady Launch Financial Security Accounts for Foster Youth

11 Jun 2026 12:34 p.m. · Source: US Treasury

First Lady Melania Trump's Fostering the Future initiative, in partnership with the US Treasury, launches "Fostering the Future Accounts" for foster youth. These accounts, powered by Trump Accounts, aim to provide long-term financial security and opportunity for vulnerable children.

Politics and Government Business General Politics Federal Government State Governments Economy Social Issues Trump Accounts Foster Youth Melania Trump Scott Bessent US Treasury Financial Security Child Welfare
Treasury Previews Education Freedom Tax Credit Guidance

10 Jun 2026 2:59 p.m. · Source: US Treasury

The U.S. Treasury Department previewed guidance for the new federal Education Freedom Tax Credit, set to launch in January 2027. This credit encourages private contributions for K-12 scholarships, aiming to expand educational opportunities for families.

Politics and Government Business Federal Government Economy Education General Politics U.S. Department of the Treasury Education Freedom Tax Credit Scholarship Tax Credit Scott Bessent K-12 Education Working Families Tax Cuts US Treasury
Treasury Secretary Bessent Touts Economic Gains from Trump Policies and 2027 Budget

4 Jun 2026 10:27 a.m. · Source: US Treasury

Treasury Secretary Scott Bessent detailed President Trump's 2027 Budget and economic policies, citing increased tax refunds, new 'Trump Accounts,' and significant gains in trade and deregulation before the House Ways and Means Committee.

Politics and Government Business General Politics Federal Government Economy Employment and Labor Trade Scott Bessent Donald J Trump US Treasury Tax Cuts Economic Policy Deregulation Trade Deficit
Treasury Secretary Bessent Touts Trump's 2027 Budget, Highlighting Tax Cuts and Economic Growth

3 Jun 2026 10:25 a.m. · Source: US Treasury

Treasury Secretary Scott Bessent presented President Trump's 2027 Budget, emphasizing the impact of Working Families Tax Cuts, the introduction of Trump Accounts, and progress in trade and deregulation to drive economic expansion.

Politics and Government Business General Politics Federal Government Economy Employment and Labor Trade Scott Bessent US Treasury Donald Trump 2027 Budget Working Families Tax Cuts Trump Accounts Deregulation
Treasury Secretary Bessent Appoints Kate Tyrrell as Chief of Staff

2 Jun 2026 3:09 p.m. · Source: US Treasury

Secretary of the Treasury Scott Bessent has named Kate Tyrrell as the new Treasury Chief of Staff. Tyrrell brings extensive experience from the OCC and other federal and private sector roles to her new position.

Politics and Government Business Treasury Department Kate Tyrrell Scott Bessent Chief of Staff Office of the Comptroller of the Currency (OCC)Washington D.C.Government Appointments US Treasury
Treasury Secretary Bessent Declares "America Has Awakened" to Economic Security Risks at Reagan Forum

29 May 2026 2:52 p.m. · Source: US Treasury

Treasury Secretary Scott Bessent addressed the 2026 Reagan National Economic Forum, asserting that America has "awakened" to critical economic vulnerabilities. He outlined President Trump's "America First Trade Policy" to link economic and national security, rebuild industrial capacity, and secure supply…

Politics and Government Business USA General Politics Federal Government Economy Trade Military Scott Bessent US Treasury Reagan National Economic Forum Economic Security National Security America First Trade Policy Supply Chain Resilience
Treasury Secretary Bessent to Outline Economic Security Doctrine, Host Trump Accounts Tour in California

28 May 2026 3:50 p.m. · Source: US Treasury

Treasury Secretary Scott Bessent will deliver an economic security address at the Reagan National Economic Forum and host a Trump Accounts Tour event in California. He will discuss the America First agenda, financial literacy, and the impact of Working Families…

Politics and Government Business General Politics Federal Government Economy Education Scott Bessent U.S. Treasury Economic Security Reagan National Economic Forum Trump Accounts Tour California America First US Treasury
U.S. Treasury Modernizes Sanctions, Removes 76 Outdated Targets

28 May 2026 12:06 p.m. · Source: US Treasury

The U.S. Treasury's OFAC removed 76 outdated targets from its sanctions list, including deceased individuals and defunct networks. This modernization aims to make sanctions more targeted and effective, focusing on high-risk threats.

Politics and Government Business Federal Government Economy Legal General Politics Europe U.S. Treasury OFAC Sanctions Specially Designated Nationals List Scott Bessent National Security Financial Regulation US Treasury
Treasury Launches Trump Accounts App, Prepares for July 4 Program Rollout

28 May 2026 7:02 a.m. · Source: US Treasury

The U.S. Treasury has launched the Trump Accounts app, a new interface for a policy aimed at building financial strength for American families. Account activation begins now for those already signed up, with full program launch and initial contributions set…

Politics and Government Business Federal Government Economy Financial Markets Education Social Issues Trump Accounts U.S. Department of the Treasury Scott Bessent Financial Security Mobile App July 4, 2026 Washington US Treasury
Treasury Secretary Bessent Urges Brunswick Graduates to Embrace "Strenuous Life" and Public Service

20 May 2026 4:03 p.m. · Source: US Treasury

Treasury Secretary Scott Bessent challenged Brunswick School graduates to pursue a life of consequence, drawing on historical examples and his own decision to join public service under President Trump, urging them to embrace challenges over comfort.

Politics and Government Business World Federal Government General Politics Education Economy Asia Europe Scott Bessent Brunswick School Commencement Public Service Strenuous Life US Treasury Donald Trump
US Treasury Secretary Bessent Urges Global Action Against Terror Financing at Conference

19 May 2026 9:28 a.m. · Source: US Treasury

Secretary Scott Bessent outlined the Trump Administration's "Economic Fury" campaign against terrorist financing at the No Money for Terror conference. He detailed sanctions on Iran and urged global partners to join efforts to dismantle illicit financial networks.

Politics and Government Business Conflict World Federal Government Economy Financial Markets Middle East Europe Latin America US Treasury Scott Bessent No Money for Terror Conference Terrorist Financing Iran Sanctions Trump Administration
Treasury Secretary Scott Bessent Meets with Insurance Commissioners on Private Credit

7 May 2026 12:45 p.m. · Source: US Treasury

Treasury Secretary Scott Bessent convened with state insurance commissioners and the NAIC to discuss the U.S. life insurance sector, focusing on private credit markets, offshore reserves, and the need for balanced regulation that manages risk while encouraging innovation.

Business and Finance Insurance Scott Bessent U.S. Department of the Treasury NAIC Private Credit Regulatory Policy US Treasury