Latest Treasury Department News & Updates

Washington, Feb 25 (IANS) The United States imposed sanctions on a Russian exploit broker and several associated entities accused of acquiring and selling stolen American cyber tools, in what officials described as the first action under a new law aimed at protecting US intellectual property.The measures target Russian national Sergey Sergeyevich Zelenyuk and his company, Operation Zero. The action coincides with a separate criminal case against Australian national Peter Williams, who pleaded gu…

Washington, Feb 4 (IANS) External Affairs Minister S. Jaishankar held separate meetings with US Secretary of State Marco Rubio and Treasury Secretary Scott Bessent, holding wide-ranging discussions on the India-US strategic and economic partnership.“Delighted to meet US @SecRubio this afternoon,” Jaishankar said in a post on X after the meeting. “A wide-ranging conversation that covered our bilateral cooperation agenda, regional and global issues.”He said the discussions with Rubio cover…

Washington, Jan 29 (IANS) US President Donald Trump has claimed a surge in investment, record stock market gains, and strong backing from major technology, finance, and consumer companies, as he argued the United States is entering an unprecedented economic expansion.Speaking at the Treasury Department’s Trump Accounts Summit on Wednesday (local time), Trump said more than “$18 trillion” in investment is flowing into the US, driving large-scale construction across industries from automobil…

Washington, Jan 29 (IANS) US President Donald Trump on Wednesday unveiled a new federal initiative called “Trump Accounts,” saying the programme would provide every newborn American child with a government-funded investment account to give families a financial head start from birth.Speaking at the Treasury Department’s Trump Accounts Summit, Trump said the initiative would “give every newborn American child a financial stake in the future,” calling it a way to ensure that children begi…

Washington, Jan 17 (IANS) The United States and Japan reaffirmed the central role of their alliance in maintaining peace and stability in the Indo-Pacific this week, as Secretary of War Pete Hegseth hosted Japanese Defence Minister Shinjiro Koizumi.Senior officials from both countries held a series of high-level meetings spanning defence, diplomacy, and economic cooperation this week.On January 15, Special Advisor to the Prime Minister of Japan Oue Sadamasa visited US Marine Corps Camp Blaz in G…

Washington, Jan 11 (IANS) US President Donald Trump has declared a national emergency to block courts and creditors from seizing Venezuelan government funds held by the United States of America. This is important to protect oil-related revenues, which is critical to US national security and foreign policy objectives in the Western Hemisphere.In an executive order signed on Friday and released on Saturday, Trump said the “threat of attachment or the imposition of other judicial process” against V…