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<meta property="og:title" content="Remarks by Secretary of the Treasury Janet L. Yellen Ahead of Meeting with the U.S.-China Economic and Financial Working Groups" />
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<meta property="og:title" content="Remarks by Secretary of the Treasury Janet L. Yellen Ahead of Meeting with the U.S.-China Economic and Financial Working Groups" />
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<meta property="og:description" content="As Prepared for DeliveryVice Minister Liao and Deputy Governor Xuan, thank you for joining us here in Washington. It is a pleasure to host you, and to see you both so soon after my recent trip to China.I am greatly appreciative of you, the Vice Premier, and the Premier for your warm welcomes in Guangzhou and Beijing.Over the past year, we have taken major steps to put the U.S.-China economic relationship on stronger footing.At President Biden’s direction, I have focused on intensifying communication. I’ve met with Vice Premier He three times in the past ten months: last July in Beijing; in November in the San Francisco Bay Area; and earlier this month in Guangzhou. And we’ve established the Economic and Financial Working Groups, which I’m very glad are holding their fourth meetings here in person this week.Through our discussions to date, the U.S. and China have made progress on areas of common interest. This includes efforts to protect financial stability, combat money laundering, and address climate change, including through climate finance. As the world’s two biggest economies, we must lead in these areas for the benefit of our peoples and the world.We have also had important discussions on areas where we disagree. While in Guangzhou and Beijing this month, I was able to have frank discussions with senior Chinese officials regarding China’s industrial policy practices and the negative spillovers that overcapacity can create for the global economy. These are concerns I hear not only from American firms, but from many others as well. And I continue to believe that addressing overcapacity and broader macroeconomic imbalances can help China’s own economy.During my trip, Vice Premier He and I also agreed to two significant initiatives, which I believe will let us continue advancing work on areas where our cooperation is necessary, and to continue deepening our understanding on areas where we disagree.Today, less than two weeks since the conclusion of my meetings with Vice Premier He, we are engaging in the intensive exchange we agreed to on balanced growth in the domestic and global economies. This exchange allows us to continue to discuss and address a broad range of issues, including economic policies that can contribute to addressing domestic and external imbalances. We are also holding our first meeting of the Joint Treasury-PBOC Cooperation and Exchange on Anti-Money Laundering, where the teams will discuss the regulation of virtual assets and beneficial ownership, among other issues.We’ll continue to move both initiatives forward in the context of these Working Groups.As we look to the months ahead, I look forward to advancing collaboration on shared goals and addressing misunderstandings. Despite the challenges that the U.S.-China relationship may endure in the weeks and months ahead, President Biden and I are firmly committed to responsibly managing this relationship. Our continued communication and shared work matter for our people and for people around the world.### " />
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<meta property="og:description" content="As Prepared for DeliveryVice Minister Liao and Deputy Governor Xuan, thank you for joining us here in Washington. It is a pleasure to host you, and to see you both so soon after my recent trip to China.I am greatly appreciative of you, the Vice Premier, and the Premier for your warm welcomes in Guangzhou and Beijing.Over the past year, we have taken major steps to put the U.S.-China economic relationship on stronger footing.At President Biden’s direction, I have focused on intensifying communication. I’ve met with Vice Premier He three times in the past ten months: last July in Beijing; in November in the San Francisco Bay Area; and earlier this month in Guangzhou. And we’ve established the Economic and Financial Working Groups, which I’m very glad are holding their fourth meetings here in person this week.Through our discussions to date, the U.S. and China have made progress on areas of common interest. This includes efforts to protect financial stability, combat money laundering, and address climate change, including through climate finance. As the world’s two biggest economies, we must lead in these areas for the benefit of our peoples and the world.We have also had important discussions on areas where we disagree. While in Guangzhou and Beijing this month, I was able to have frank discussions with senior Chinese officials regarding China’s industrial policy practices and the negative spillovers that overcapacity can create for the global economy. These are concerns I hear not only from American firms, but from many others as well. And I continue to believe that addressing overcapacity and broader macroeconomic imbalances can help China’s own economy.During my trip, Vice Premier He and I also agreed to two significant initiatives, which I believe will let us continue advancing work on areas where our cooperation is necessary, and to continue deepening our understanding on areas where we disagree.Today, less than two weeks since the conclusion of my meetings with Vice Premier He, we are engaging in the intensive exchange we agreed to on balanced growth in the domestic and global economies. This exchange allows us to continue to discuss and address a broad range of issues, including economic policies that can contribute to addressing domestic and external imbalances. We are also holding our first meeting of the Joint Treasury-PBOC Cooperation and Exchange on Anti-Money Laundering, where the teams will discuss the regulation of virtual assets and beneficial ownership, among other issues.We’ll continue to move both initiatives forward in the context of these Working Groups.As we look to the months ahead, I look forward to advancing collaboration on shared goals and addressing misunderstandings. Despite the challenges that the U.S.-China relationship may endure in the weeks and months ahead, President Biden and I are firmly committed to responsibly managing this relationship. Our continued communication and shared work matter for our people and for people around the world.### " />
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<title>Remarks by Secretary of the Treasury Janet L. Yellen Ahead of Meeting with the U.S.-China Economic and Financial Working Groups | U.S. Department of the Treasury</title>
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<title>Remarks by Secretary of the Treasury Janet L. Yellen Ahead of Meeting with the U.S.-China Economic and Financial Working Groups | U.S. Department of the Treasury</title>
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<!-- ______________________ USA HEADER _______________________ -->
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<!-- ______________________ USA HEADER _______________________ -->
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<section class="usa-banner" aria-label="Official website of the United States government">
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<section class="usa-banner" aria-label="Official website of the United States government">
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<p class="usa-banner__header-text">An official website of the United States government</p>
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<p class="usa-banner__header-text">An official website of the United States government</p>
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<p class="usa-banner__header-action">Here’s how you know</p>
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<p class="usa-banner__header-action">Here’s how you know</p>
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aria-expanded="false" aria-controls="gov-banner">
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<span class="usa-banner__button-text">Here’s how you know</span>
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<span class="usa-banner__button-text">Here’s how you know</span>
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Official websites use .gov </strong>
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Official websites use .gov </strong>
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A <strong>.gov</strong> website belongs to an official government organization in the United States.
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A <strong>.gov</strong> website belongs to an official government organization in the United States.
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Secure .gov websites use HTTPS </strong>
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Secure .gov websites use HTTPS </strong>
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A <strong>lock</strong>
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A <strong>lock</strong>
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(<span class="icon-lock"><svg xmlns="http://www.w3.org/2000/svg" width="52" height="64" viewBox="0 0 52 64" class="usa-banner__lock-image" role="img" aria-labelledby="banner-lock-title banner-lock-description"><title id="banner-lock-title">Lock</title><desc id="banner-lock-description">A locked padlock</desc><path fill="#000000" fill-rule="evenodd" d="M26 0c10.493 0 19 8.507 19 19v9h3a4 4 0 0 1 4 4v28a4 4 0 0 1-4 4H4a4 4 0 0 1-4-4V32a4 4 0 0 1 4-4h3v-9C7 8.507 15.507 0 26 0zm0 8c-5.979 0-10.843 4.77-10.996 10.712L15 19v9h22v-9c0-6.075-4.925-11-11-11z"/></svg></span>)
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(<span class="icon-lock"><svg xmlns="http://www.w3.org/2000/svg" width="52" height="64" viewBox="0 0 52 64" class="usa-banner__lock-image" role="img" aria-labelledby="banner-lock-title banner-lock-description"><title id="banner-lock-title">Lock</title><desc id="banner-lock-description">A locked padlock</desc><path fill="#000000" fill-rule="evenodd" d="M26 0c10.493 0 19 8.507 19 19v9h3a4 4 0 0 1 4 4v28a4 4 0 0 1-4 4H4a4 4 0 0 1-4-4V32a4 4 0 0 1 4-4h3v-9C7 8.507 15.507 0 26 0zm0 8c-5.979 0-10.843 4.77-10.996 10.712L15 19v9h22v-9c0-6.075-4.925-11-11-11z"/></svg></span>)
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or <strong>https://</strong> means you’ve safely connected to the .gov website. Share sensitive information only on official, secure websites. </p>
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or <strong>https://</strong> means you’ve safely connected to the .gov website. Share sensitive information only on official, secure websites. </p>
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<span class="treasury-america250-banner__title">Countdown to America's 250th Anniversary</span>
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<span class="field field--name-title field--type-string field--label-above">About Treasury</span>
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<span class="field field--name-title field--type-string field--label-above">About Treasury</span>
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<div class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><h2><a href="/about/general-information">General Information</a></h2>
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<p><a href="/about/general-information/role-of-the-treasury">Role of the Treasury</a></p>
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<p><a href="/about/general-information/orders-and-directives">Orders and Directives</a></p>
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<div class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><h2><a href="/about/offices">Offices</a></h2><p><a href="/about/offices/domestic-finance">Domestic Finance</a></p><p><a href="/about/offices/economic-policy">Economic Policy</a></p><p><a href="/about/offices/general-counsel">General Counsel</a></p><p><a href="/about/offices/international-affairs">International Affairs</a></p><p><a href="/about/offices/management">Management</a></p><p><a href="/about/offices/public-affairs">Public Affairs</a></p><p><a href="/about/offices/tax-policy">Tax Policy</a></p><p><a href="/about/offices/terrorism-and-financial-intelligence">Terrorism and Financial Intelligence</a></p><p><a href="/policy-issues/tribal-affairs">Tribal and Native Affairs</a></p><p><a href="/services/report-fraud-waste-and-abuse/inspectors-general">Inspectors General</a></p></div>
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<div class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><h2><a href="/about/offices">Offices</a></h2><p><a href="/about/offices/domestic-finance">Domestic Finance</a></p><p><a href="/about/offices/economic-policy">Economic Policy</a></p><p><a href="/about/offices/general-counsel">General Counsel</a></p><p><a href="/about/offices/international-affairs">International Affairs</a></p><p><a href="/about/offices/management">Management</a></p><p><a href="/about/offices/public-affairs">Public Affairs</a></p><p><a href="/about/offices/tax-policy">Tax Policy</a></p><p><a href="/about/offices/terrorism-and-financial-intelligence">Terrorism and Financial Intelligence</a></p><p><a href="/policy-issues/tribal-affairs">Tribal and Native Affairs</a></p><p><a href="/services/report-fraud-waste-and-abuse/inspectors-general">Inspectors General</a></p></div>
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<div class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><h2><a href="/about/bureaus">Bureaus</a></h2><p><a href="https://www.ttb.gov/">Alcohol and Tobacco Tax and Trade Bureau (TTB)</a></p><p><a href="https://www.bep.gov/">Bureau of Engraving & Printing (BEP)</a></p><p><a href="https://www.fincen.gov/">Financial Crimes Enforcement Network (FinCEN)</a></p><p><a href="https://www.fiscal.treasury.gov/">Bureau of the Fiscal Service (BFS)</a></p><p><a href="https://www.irs.gov/">Internal Revenue Service (IRS)</a></p><p><a href="https://www.occ.treas.gov/">Office of the Comptroller of the Currency (OCC)</a></p><p><a href="https://www.usmint.gov/">U.S. Mint</a></p><p><a href="https://oig.treasury.gov/">Office of Inspector General (OIG)</a></p><p><a href="https://www.tigta.gov/">Treasury Inspector General for Tax Administration (TIGTA)</a></p><p><a href="https://www.sigpr.gov/">Special Inspector General for Pandemic Recovery (SIGPR)</a></p></div>
386
<div class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><h2><a href="/about/bureaus">Bureaus</a></h2><p><a href="https://www.ttb.gov/">Alcohol and Tobacco Tax and Trade Bureau (TTB)</a></p><p><a href="https://www.bep.gov/">Bureau of Engraving & Printing (BEP)</a></p><p><a href="https://www.fincen.gov/">Financial Crimes Enforcement Network (FinCEN)</a></p><p><a href="https://www.fiscal.treasury.gov/">Bureau of the Fiscal Service (BFS)</a></p><p><a href="https://www.irs.gov/">Internal Revenue Service (IRS)</a></p><p><a href="https://www.occ.treas.gov/">Office of the Comptroller of the Currency (OCC)</a></p><p><a href="https://www.usmint.gov/">U.S. Mint</a></p><p><a href="https://oig.treasury.gov/">Office of Inspector General (OIG)</a></p><p><a href="https://www.tigta.gov/">Treasury Inspector General for Tax Administration (TIGTA)</a></p><p><a href="https://www.sigpr.gov/">Special Inspector General for Pandemic Recovery (SIGPR)</a></p></div>
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<div class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><h2><a href="/about/budget-financial-reporting-planning-and-performance">Budget, Financial Reporting, Planning and Performance</a></h2><p><a href="/about/budget-financial-reporting-planning-and-performance/strategic-plan">Strategic Plan</a></p><p><a href="/about/budget-financial-reporting-planning-and-performance/budget-requestannual-performance-plan-and">Budget Request/Annual Performance Plan and Reports</a></p><p><a href="/about/budget-financial-reporting-planning-and-performance/agency-financial-report">Agency Financial Report</a></p><p><a href="/about/budget-financial-reporting-planning-and-performance/inspector-general-audits-and-investigative-reports">Inspector General Audits and Investigative Reports</a></p><p><a href="/about/budget-financial-reporting-planning-and-performance/irs-strategic-operating-plan">IRS Strategic Operating Plan</a></p></div>
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<div class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><h2><a href="/about/budget-financial-reporting-planning-and-performance">Budget, Financial Reporting, Planning and Performance</a></h2><p><a href="/about/budget-financial-reporting-planning-and-performance/strategic-plan">Strategic Plan</a></p><p><a href="/about/budget-financial-reporting-planning-and-performance/budget-requestannual-performance-plan-and">Budget Request/Annual Performance Plan and Reports</a></p><p><a href="/about/budget-financial-reporting-planning-and-performance/agency-financial-report">Agency Financial Report</a></p><p><a href="/about/budget-financial-reporting-planning-and-performance/inspector-general-audits-and-investigative-reports">Inspector General Audits and Investigative Reports</a></p><p><a href="/about/budget-financial-reporting-planning-and-performance/irs-strategic-operating-plan">IRS Strategic Operating Plan</a></p></div>
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<div class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><h2><a href="/about/history-overview">History</a></h2><p><a href="/about/history/curator">Curator</a></p><p><a href="/about/history/history-overview">History Overview</a></p><p><a href="/about/history/prior-secretaries">Prior Secretaries</a></p><p><a href="/about/history/treasurers-of-the-united-states">Prior Treasurers</a></p><p><a href="/about/history/the-treasury-building">The Treasury Building</a></p><p><a href="/about/history/collection">Collections</a></p><p><a href="/about/history/freedmans-bank-building">Freedman's Bank Building</a></p></div>
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<div class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><h2><a href="/about/history-overview">History</a></h2><p><a href="/about/history/curator">Curator</a></p><p><a href="/about/history/history-overview">History Overview</a></p><p><a href="/about/history/prior-secretaries">Prior Secretaries</a></p><p><a href="/about/history/treasurers-of-the-united-states">Prior Treasurers</a></p><p><a href="/about/history/the-treasury-building">The Treasury Building</a></p><p><a href="/about/history/collection">Collections</a></p><p><a href="/about/history/freedmans-bank-building">Freedman's Bank Building</a></p></div>
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<div class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><h2><a href="/careers">Careers</a></h2><p><a href="/about/careers-at-treasury/careers-at-headquarters">At Headquarters</a></p><p><a href="/about/careers-at-treasury/careers-at-our-bureaus">At Our Bureaus </a></p><p><a href="/about/careers-at-treasury/top-ten-reasons-to-work-for-treasury">Top 10 Reasons to Work Here</a></p><p><a href="/about/careers-at-treasury/benefits-and-growth">Benefits and Growth</a></p><p><a href="/about/careers-at-treasury/workforce">Workforce</a></p><p><a href="/about/careers-at-treasury/veterans-employment">Veterans Employment</a></p><p><a href="/about/careers-at-treasury/studentinternship-programs/pathways-programs">Pathways</a></p><p><a href="/about/careers-at-treasury/how-to-apply">How to Apply</a></p><p><a href="https://treasury.usajobs.gov/">Search Jobs</a></p><p><a href="/about/careers-at-treasury/the-fair-chance-to-compete-act">The Fair Chance to Compete Act</a></p></div>
422
<div class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><h2><a href="/careers">Careers</a></h2><p><a href="/about/careers-at-treasury/careers-at-headquarters">At Headquarters</a></p><p><a href="/about/careers-at-treasury/careers-at-our-bureaus">At Our Bureaus </a></p><p><a href="/about/careers-at-treasury/top-ten-reasons-to-work-for-treasury">Top 10 Reasons to Work Here</a></p><p><a href="/about/careers-at-treasury/benefits-and-growth">Benefits and Growth</a></p><p><a href="/about/careers-at-treasury/workforce">Workforce</a></p><p><a href="/about/careers-at-treasury/veterans-employment">Veterans Employment</a></p><p><a href="/about/careers-at-treasury/studentinternship-programs/pathways-programs">Pathways</a></p><p><a href="/about/careers-at-treasury/how-to-apply">How to Apply</a></p><p><a href="https://treasury.usajobs.gov/">Search Jobs</a></p><p><a href="/about/careers-at-treasury/the-fair-chance-to-compete-act">The Fair Chance to Compete Act</a></p></div>
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509
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511
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530
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539
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539
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544
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551
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553
<p><a href="/policy-issues/financing-the-government/quarterly-refunding">Treasury Quarterly Refunding</a></p>
553
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555
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555
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557
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557
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559
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559
<p><a href="/policy-issues/financing-the-government/treasury-investor-data">Treasury Investor Data</a></p>
561
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561
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571
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571
<div class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><h2><a href="/policy-issues/financial-markets-financial-institutions-and-fiscal-service">Financial Markets, Financial Institutions, and Fiscal Service</a></h2><p><a href="/policy-issues/financial-markets-financial-institutions-and-fiscal-service/cash-and-debt-forecasting">Cash and Debt Forecasting</a></p><p><a href="/policy-issues/financial-markets-financial-institutions-and-fiscal-service/debt-limit">Debt Limit</a></p><p><a href="/policy-issues/financial-markets-financial-institutions-and-fiscal-service/fsoc">Financial Stability Oversight Council</a></p><p><a href="/policy-issues/financial-markets-financial-institutions-and-fiscal-service/federal-insurance-office">Federal Insurance Office</a></p><p><a href="/policy-issues/financial-markets-financial-institutions-and-fiscal-service/restore-act">RESTORE Act</a></p><p><a href="/policy-issues/financial-markets-financial-institutions-and-fiscal-service/1603-program-payments-for-specified-energy-property-in-lieu-of-tax-credits">1603 Program</a></p><p><a href="https://www.cdfifund.gov/">The Community Development Financial Institution (CDFI) Fund</a></p><p><a href="/data/troubled-assets-relief-program/housing">Making Home Affordable</a></p></div>
576
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576
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583
<div class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><h2><a href="https://ofac.treasury.gov/">Financial Sanctions</a></h2>
583
<div class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><h2><a href="https://ofac.treasury.gov/">Financial Sanctions</a></h2>
585
<p><a href="https://ofac.treasury.gov/specially-designated-nationals-and-blocked-persons-list-sdn-human-readable-lists">Specially Designated Nationals List (SDN List)</a></p>
585
<p><a href="https://ofac.treasury.gov/specially-designated-nationals-and-blocked-persons-list-sdn-human-readable-lists">Specially Designated Nationals List (SDN List)</a></p>
587
<p><a href="https://ofac.treasury.gov/consolidated-sanctions-list-non-sdn-lists">Consolidated Sanctions List</a></p>
587
<p><a href="https://ofac.treasury.gov/consolidated-sanctions-list-non-sdn-lists">Consolidated Sanctions List</a></p>
589
<p><a href="https://ofac.treasury.gov/sanctions-list-search-tool">Search OFAC's Sanctions Lists</a></p>
589
<p><a href="https://ofac.treasury.gov/sanctions-list-search-tool">Search OFAC's Sanctions Lists</a></p>
591
<p><a href="https://ofac.treasury.gov/other-ofac-sanctions-lists">Additional Sanctions Lists</a></p>
591
<p><a href="https://ofac.treasury.gov/other-ofac-sanctions-lists">Additional Sanctions Lists</a></p>
593
<p><a href="https://ofac.treasury.gov/recent-actions">OFAC Recent Actions</a></p>
593
<p><a href="https://ofac.treasury.gov/recent-actions">OFAC Recent Actions</a></p>
595
<p><a href="https://ofac.treasury.gov/sanctions-programs-and-country-information">Sanctions Programs and Country Information</a></p>
595
<p><a href="https://ofac.treasury.gov/sanctions-programs-and-country-information">Sanctions Programs and Country Information</a></p>
597
<p><a href="https://ofac.treasury.gov/faqs">Frequently Asked Questions</a></p>
597
<p><a href="https://ofac.treasury.gov/faqs">Frequently Asked Questions</a></p>
599
<p><a href="https://ofac.treasury.gov/civil-penalties-and-enforcement-information">OFAC Civil Penalties and Enforcement</a></p>
599
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601
<p><a href="https://ofac.treasury.gov/contact-ofac">Contact OFAC</a></p>
601
<p><a href="https://ofac.treasury.gov/contact-ofac">Contact OFAC</a></p>
607
<div data-block-plugin-id="block_content:2ca3d625-6c59-4e8d-af94-c1e12a9a5e41" class="block block-block-content block-block-content2ca3d625-6c59-4e8d-af94-c1e12a9a5e41 no-underline">
607
<div data-block-plugin-id="block_content:2ca3d625-6c59-4e8d-af94-c1e12a9a5e41" class="block block-block-content block-block-content2ca3d625-6c59-4e8d-af94-c1e12a9a5e41 no-underline">
611
<div class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><h2><a href="/policy-issues/consumer-policy">Consumer Policy</a></h2><p><a href="/policy-issues/consumer-policy/financial-literacy-and-education-commission">Financial Literacy and Education Commission</a></p><p><a href="https://www.mymoney.gov/">Mymoney.gov</a></p><p><a href="/policy-issues/consumer-policy/innovations-in-financial-services">Innovations in Financial Services</a></p><p><a href="/policy-issues/consumer-policy/featured-research">Featured Research</a></p><p><a href="/system/files/136/Fact-Sheet-Department-of-Education-and-Department-of-the-Treasury.pdf">Student Loans</a></p></div>
611
<div class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><h2><a href="/policy-issues/consumer-policy">Consumer Policy</a></h2><p><a href="/policy-issues/consumer-policy/financial-literacy-and-education-commission">Financial Literacy and Education Commission</a></p><p><a href="https://www.mymoney.gov/">Mymoney.gov</a></p><p><a href="/policy-issues/consumer-policy/innovations-in-financial-services">Innovations in Financial Services</a></p><p><a href="/policy-issues/consumer-policy/featured-research">Featured Research</a></p><p><a href="/system/files/136/Fact-Sheet-Department-of-Education-and-Department-of-the-Treasury.pdf">Student Loans</a></p></div>
616
<div class="sub-nav-group secretary-column" id="column-6">
616
<div class="sub-nav-group secretary-column" id="column-6">
617
<div class="block-region-col6">
617
<div class="block-region-col6">
619
<div data-block-plugin-id="block_content:db30dc82-8265-4b2b-a85f-2d67961ebe49" class="block block-block-content block-block-contentdb30dc82-8265-4b2b-a85f-2d67961ebe49 no-underline">
619
<div data-block-plugin-id="block_content:db30dc82-8265-4b2b-a85f-2d67961ebe49" class="block block-block-content block-block-contentdb30dc82-8265-4b2b-a85f-2d67961ebe49 no-underline">
623
<div class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><h2><a href="/policy-issues/international">International</a></h2><p><a href="/policy-issues/international/the-committee-on-foreign-investment-in-the-united-states-cfius">The Committee on Foreign Investment in the United States (CFIUS)</a></p><p><a href=" /policy-issues/international/outbound-investment-program">Outbound Investment Security Program </a></p><p><a href="/policy-issues/international/exchange-stabilization-fund">Exchange Stabilization Fund</a></p><p><a href="/policy-issues/international/g-7-and-g-20">G-7 and G-20</a></p><p><a href="/policy-issues/international/international-monetary-fund">International Monetary Fund</a></p><p><a href="/policy-issues/international/multilateral-development-banks">Multilateral Development Banks</a></p><p><a href="/policy-issues/international/macroeconomic-and-foreign-exchange-policies-of-major-trading-partners">Macroeconomic and Foreign Exchange Policies of Major Trading Partners</a></p><p><a href="/policy-issues/international/exchange-rate-analysis">Exchange Rate Analysis</a></p><p><a href="/policy-issues/international/us-china-comprehensive-economic-dialogue">U.S.-China Comprehensive Strategic Economic Dialogue (CED)</a></p></div>
623
<div class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><h2><a href="/policy-issues/international">International</a></h2><p><a href="/policy-issues/international/the-committee-on-foreign-investment-in-the-united-states-cfius">The Committee on Foreign Investment in the United States (CFIUS)</a></p><p><a href=" /policy-issues/international/outbound-investment-program">Outbound Investment Security Program </a></p><p><a href="/policy-issues/international/exchange-stabilization-fund">Exchange Stabilization Fund</a></p><p><a href="/policy-issues/international/g-7-and-g-20">G-7 and G-20</a></p><p><a href="/policy-issues/international/international-monetary-fund">International Monetary Fund</a></p><p><a href="/policy-issues/international/multilateral-development-banks">Multilateral Development Banks</a></p><p><a href="/policy-issues/international/macroeconomic-and-foreign-exchange-policies-of-major-trading-partners">Macroeconomic and Foreign Exchange Policies of Major Trading Partners</a></p><p><a href="/policy-issues/international/exchange-rate-analysis">Exchange Rate Analysis</a></p><p><a href="/policy-issues/international/us-china-comprehensive-economic-dialogue">U.S.-China Comprehensive Strategic Economic Dialogue (CED)</a></p></div>
628
<div data-block-plugin-id="block_content:ee06edda-a3f6-4eb7-9711-46c815e911a9" class="block block-block-content block-block-contentee06edda-a3f6-4eb7-9711-46c815e911a9 no-underline">
628
<div data-block-plugin-id="block_content:ee06edda-a3f6-4eb7-9711-46c815e911a9" class="block block-block-content block-block-contentee06edda-a3f6-4eb7-9711-46c815e911a9 no-underline">
632
<div class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><h2><a href="/policy-issues/small-business-programs">Small Business Programs</a></h2>
632
<div class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><h2><a href="/policy-issues/small-business-programs">Small Business Programs</a></h2>
634
<p><a href="/policy-issues/small-business-programs/small-and-disadvantaged-business-utilization-0">Small and Disadvantaged Business Utilization</a></p>
634
<p><a href="/policy-issues/small-business-programs/small-and-disadvantaged-business-utilization-0">Small and Disadvantaged Business Utilization</a></p>
636
<p><a href="/policy-issues/small-business-programs/small-business-lending-fund">Small Business Lending Fund</a></p>
636
<p><a href="/policy-issues/small-business-programs/small-business-lending-fund">Small Business Lending Fund</a></p>
638
<p><a href="/policy-issues/small-business-programs/state-small-business-credit-initiative-ssbci">State Small Business Credit Initiative</a></p>
638
<p><a href="/policy-issues/small-business-programs/state-small-business-credit-initiative-ssbci">State Small Business Credit Initiative</a></p>
644
<div data-block-plugin-id="block_content:67ed2f97-7a9f-4b86-9df7-e63b30af96ae" class="block block-block-content block-block-content67ed2f97-7a9f-4b86-9df7-e63b30af96ae no-underline">
644
<div data-block-plugin-id="block_content:67ed2f97-7a9f-4b86-9df7-e63b30af96ae" class="block block-block-content block-block-content67ed2f97-7a9f-4b86-9df7-e63b30af96ae no-underline">
648
<div class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><h2><a href="/policy-issues/tribal-affairs">Tribal Affairs</a></h2>
648
<div class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><h2><a href="/policy-issues/tribal-affairs">Tribal Affairs</a></h2>
657
</article>
657
</article>
661
<li class="nav-item ">
661
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662
<a href="/data" class="mm-top" onclick="return false;">Data</a>
662
<a href="/data" class="mm-top" onclick="return false;">Data</a>
663
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663
<div class="sub-nav">
664
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664
<article class="node node--type-mega_menu_panel node--view-mode-full clearfix">
669
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669
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670
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670
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671
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671
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672
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672
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673
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674
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674
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677
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677
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681
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681
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683
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683
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686
<div class="adv-search-link"><a href="https://search.usa.gov/search/advanced?affiliate=treas" class="hidden">Advanced Search</a></div>
686
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687
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699
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699
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700
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702
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702
<div data-block-plugin-id="entity_field:node:title" class="block block-ctools-block block-entity-fieldnodetitle no-underline">
705
<span class="field field--name-title field--type-string field--label-above">Data</span>
705
<span class="field field--name-title field--type-string field--label-above">Data</span>
710
<div class="mobile-scroll-wrap">
710
<div class="mobile-scroll-wrap">
711
<div class="sub-nav-group secretarys-photo secretary-column" id="column-2">
711
<div class="sub-nav-group secretarys-photo secretary-column" id="column-2">
712
<div class="block-region-col2">
712
<div class="block-region-col2">
714
<div data-block-plugin-id="block_content:9258b68a-9e90-42b1-b7c5-9049081662a0" class="block block-block-content block-block-content9258b68a-9e90-42b1-b7c5-9049081662a0 no-underline">
714
<div data-block-plugin-id="block_content:9258b68a-9e90-42b1-b7c5-9049081662a0" class="block block-block-content block-block-content9258b68a-9e90-42b1-b7c5-9049081662a0 no-underline">
718
<div class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><h2><a href="/policy-issues/financing-the-government/interest-rate-statistics">Interest Rates</a></h2><p><a href="/resource-center/data-chart-center/interest-rates/TextView?type=daily_treasury_yield_curve&field_tdr_date_value=2026">Daily Treasury Par Yield Curve Rates</a></p><p><a href="/resource-center/data-chart-center/interest-rates/TextView?type=daily_treasury_real_yield_curve&field_tdr_date_value=2026">Daily Treasury Par Real Yield Curve Rates</a></p><p><a href="/resource-center/data-chart-center/interest-rates/TextView?type=daily_treasury_bill_rates&field_tdr_date_value=2026">Daily Treasury Bill Rates</a></p><p><a href="/resource-center/data-chart-center/interest-rates/TextView?type=daily_treasury_long_term_rate&field_tdr_date_value=2026">Daily Treasury Long-Term Rates</a></p><p><a href="/resource-center/data-chart-center/interest-rates/TextView?type=daily_treasury_real_long_term&field_tdr_date_value=2026">Daily Treasury Real Long-Term Rates</a></p><p> </p></div>
718
<div class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><h2><a href="/policy-issues/financing-the-government/interest-rate-statistics">Interest Rates</a></h2><p><a href="/resource-center/data-chart-center/interest-rates/TextView?type=daily_treasury_yield_curve&field_tdr_date_value=2026">Daily Treasury Par Yield Curve Rates</a></p><p><a href="/resource-center/data-chart-center/interest-rates/TextView?type=daily_treasury_real_yield_curve&field_tdr_date_value=2026">Daily Treasury Par Real Yield Curve Rates</a></p><p><a href="/resource-center/data-chart-center/interest-rates/TextView?type=daily_treasury_bill_rates&field_tdr_date_value=2026">Daily Treasury Bill Rates</a></p><p><a href="/resource-center/data-chart-center/interest-rates/TextView?type=daily_treasury_long_term_rate&field_tdr_date_value=2026">Daily Treasury Long-Term Rates</a></p><p><a href="/resource-center/data-chart-center/interest-rates/TextView?type=daily_treasury_real_long_term&field_tdr_date_value=2026">Daily Treasury Real Long-Term Rates</a></p><p> </p></div>
723
<div data-block-plugin-id="block_content:edd753f5-38d8-4209-a98c-27488d0d2fb1" class="block block-block-content block-block-contentedd753f5-38d8-4209-a98c-27488d0d2fb1 no-underline">
723
<div data-block-plugin-id="block_content:edd753f5-38d8-4209-a98c-27488d0d2fb1" class="block block-block-content block-block-contentedd753f5-38d8-4209-a98c-27488d0d2fb1 no-underline">
727
<div class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><h2><a href="/data/treasury-coupon-issues-and-corporate-bond-yield-curves">Treasury Coupon-Issue and Corporate Bond Yield Curve</a></h2>
727
<div class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><h2><a href="/data/treasury-coupon-issues-and-corporate-bond-yield-curves">Treasury Coupon-Issue and Corporate Bond Yield Curve</a></h2>
729
<p><a href="/data/treasury-coupon-issues-and-corporate-bond-yield-curves/treasury-coupon-issues">Treasury Coupon Issues</a></p>
729
<p><a href="/data/treasury-coupon-issues-and-corporate-bond-yield-curves/treasury-coupon-issues">Treasury Coupon Issues</a></p>
731
<p><a href="/data/treasury-coupon-issues-and-corporate-bond-yield-curve/corporate-bond-yield-curve">Corporate Bond Yield Curve</a></p>
731
<p><a href="/data/treasury-coupon-issues-and-corporate-bond-yield-curve/corporate-bond-yield-curve">Corporate Bond Yield Curve</a></p>
737
<div class="secretarys-bio sub-nav-group secretary-column" id="column-3">
737
<div class="secretarys-bio sub-nav-group secretary-column" id="column-3">
738
<div class="block-region-col3">
738
<div class="block-region-col3">
740
<div data-block-plugin-id="block_content:3e280843-aad7-4e99-a3ad-4aa1d8d38a45" class="block block-block-content block-block-content3e280843-aad7-4e99-a3ad-4aa1d8d38a45 no-underline">
740
<div data-block-plugin-id="block_content:3e280843-aad7-4e99-a3ad-4aa1d8d38a45" class="block block-block-content block-block-content3e280843-aad7-4e99-a3ad-4aa1d8d38a45 no-underline">
744
<div class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><h2>Federal Financial Data</h2>
744
<div class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><h2>Federal Financial Data</h2>
746
<p><a href="https://fiscaldata.treasury.gov/americas-finance-guide/ ">Your Guide to America’s Finances</a></p>
746
<p><a href="https://fiscaldata.treasury.gov/americas-finance-guide/ ">Your Guide to America’s Finances</a></p>
748
<p><a href="https://fiscaldata.treasury.gov/datasets/monthly-treasury-statement/summary-of-receipts-outlays-and-the-deficit-surplus-of-the-u-s-government">Monthly Treasury Statement</a></p>
748
<p><a href="https://fiscaldata.treasury.gov/datasets/monthly-treasury-statement/summary-of-receipts-outlays-and-the-deficit-surplus-of-the-u-s-government">Monthly Treasury Statement</a></p>
750
<p><a href="https://fiscaldata.treasury.gov/datasets/daily-treasury-statement/operating-cash-balance">Daily Treasury Statement</a></p>
750
<p><a href="https://fiscaldata.treasury.gov/datasets/daily-treasury-statement/operating-cash-balance">Daily Treasury Statement</a></p>
756
<div data-block-plugin-id="block_content:40da813f-5ffa-4ef2-9e52-6767d2e42042" class="block block-block-content block-block-content40da813f-5ffa-4ef2-9e52-6767d2e42042 no-underline">
756
<div data-block-plugin-id="block_content:40da813f-5ffa-4ef2-9e52-6767d2e42042" class="block block-block-content block-block-content40da813f-5ffa-4ef2-9e52-6767d2e42042 no-underline">
760
<div class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><h2><a href="https://www.usaspending.gov/">How Your Money Is Spent</a></h2><p><a href="https://www.usaspending.gov/">USAspending.gov</a></p></div>
760
<div class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><h2><a href="https://www.usaspending.gov/">How Your Money Is Spent</a></h2><p><a href="https://www.usaspending.gov/">USAspending.gov</a></p></div>
765
<div data-block-plugin-id="block_content:1fa5995a-90da-46f6-98f6-f892b7e83b25" class="block block-block-content block-block-content1fa5995a-90da-46f6-98f6-f892b7e83b25 no-underline">
765
<div data-block-plugin-id="block_content:1fa5995a-90da-46f6-98f6-f892b7e83b25" class="block block-block-content block-block-content1fa5995a-90da-46f6-98f6-f892b7e83b25 no-underline">
769
<div class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><h2><a href="https://www.treasurydirect.gov/govt/reports/pd/pd_debttothepenny.htm">National Debt</a></h2><p><a href="https://www.treasurydirect.gov/govt/reports/pd/pd_debttothepenny.htm">National Debt to the Penny</a></p><p><a href="https://fiscaldata.treasury.gov/datasets/historical-debt-outstanding/historical-debt-outstanding">Historical Debt Outstanding</a></p><p><a href="https://fiscaldata.treasury.gov/datasets/monthly-statement-public-debt/summary-of-treasury-securities-outstanding">Monthly Statement of the Public Debt </a></p></div>
769
<div class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><h2><a href="https://www.treasurydirect.gov/govt/reports/pd/pd_debttothepenny.htm">National Debt</a></h2><p><a href="https://www.treasurydirect.gov/govt/reports/pd/pd_debttothepenny.htm">National Debt to the Penny</a></p><p><a href="https://fiscaldata.treasury.gov/datasets/historical-debt-outstanding/historical-debt-outstanding">Historical Debt Outstanding</a></p><p><a href="https://fiscaldata.treasury.gov/datasets/monthly-statement-public-debt/summary-of-treasury-securities-outstanding">Monthly Statement of the Public Debt </a></p></div>
774
<div data-block-plugin-id="block_content:5f1697f3-3b2e-4ac3-9b73-2c49fa9926d0" class="block block-block-content block-block-content5f1697f3-3b2e-4ac3-9b73-2c49fa9926d0 no-underline">
774
<div data-block-plugin-id="block_content:5f1697f3-3b2e-4ac3-9b73-2c49fa9926d0" class="block block-block-content block-block-content5f1697f3-3b2e-4ac3-9b73-2c49fa9926d0 no-underline">
781
<div class="sub-nav-group secretary-remarks secretary-column" id="column-4">
781
<div class="sub-nav-group secretary-remarks secretary-column" id="column-4">
782
<div class="block-region-col4">
782
<div class="block-region-col4">
784
<div data-block-plugin-id="block_content:65eef870-0ea4-4f5d-995e-a15fa42d00bc" class="block block-block-content block-block-content65eef870-0ea4-4f5d-995e-a15fa42d00bc no-underline">
784
<div data-block-plugin-id="block_content:65eef870-0ea4-4f5d-995e-a15fa42d00bc" class="block block-block-content block-block-content65eef870-0ea4-4f5d-995e-a15fa42d00bc no-underline">
788
<div class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><h2><a href="/policy-issues/financing-the-government/quarterly-refunding">Quarterly Refunding</a></h2>
788
<div class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><h2><a href="/policy-issues/financing-the-government/quarterly-refunding">Quarterly Refunding</a></h2>
790
<p><a href="/policy-issues/financing-the-government/quarterly-refunding/treasury-quarterly-refunding-process">Debt Management Overview and Quarterly Refunding Process</a></p>
790
<p><a href="/policy-issues/financing-the-government/quarterly-refunding/treasury-quarterly-refunding-process">Debt Management Overview and Quarterly Refunding Process</a></p>
792
<p><a href="/policy-issues/financing-the-government/quarterly-refunding/most-recent-quarterly-refunding-documents">Most Recent Documents</a></p>
792
<p><a href="/policy-issues/financing-the-government/quarterly-refunding/most-recent-quarterly-refunding-documents">Most Recent Documents</a></p>
794
<p><a href="/policy-issues/financing-the-government/quarterly-refunding/quarterly-refunding-archives">Archives</a></p>
794
<p><a href="/policy-issues/financing-the-government/quarterly-refunding/quarterly-refunding-archives">Archives</a></p>
796
<p><a href="/policy-issues/financing-the-government/quarterly-refunding/treasury-quarterly-refunding-webcasts">Webcasts</a></p>
796
<p><a href="/policy-issues/financing-the-government/quarterly-refunding/treasury-quarterly-refunding-webcasts">Webcasts</a></p>
802
<div data-block-plugin-id="block_content:b3900a1b-1a1f-4663-8abc-c1c74528e6bc" class="block block-block-content block-block-contentb3900a1b-1a1f-4663-8abc-c1c74528e6bc no-underline">
802
<div data-block-plugin-id="block_content:b3900a1b-1a1f-4663-8abc-c1c74528e6bc" class="block block-block-content block-block-contentb3900a1b-1a1f-4663-8abc-c1c74528e6bc no-underline">
806
<div class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><h2><a href="/data/investor-class-auction-allotments">Investor Class Auction Allotments</a></h2>
806
<div class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><h2><a href="/data/investor-class-auction-allotments">Investor Class Auction Allotments</a></h2>
808
<p> </p>
808
<p> </p>
810
<h2><a href="/data/other-programs">Other Programs</a></h2>
810
<h2><a href="/data/other-programs">Other Programs</a></h2>
816
<div class="sub-nav-group secretary-travel-schedule secretary-column" id="column-5">
816
<div class="sub-nav-group secretary-travel-schedule secretary-column" id="column-5">
817
<div class="block-region-col5">
817
<div class="block-region-col5">
819
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819
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823
<div class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><h2><a href="/data/treasury-international-capital-tic-system">Treasury International Capital (TIC) System</a></h2><p><a href="/data/treasury-international-capital-tic-system">U.S International Portfolio Investment Statistics</a></p><p><a href="/data/treasury-international-capital-tic-system-home-page/release-dates-of-tic-data-0">Release Dates</a></p><p><a href="/data/treasury-international-capital-tic-system-home-page/tic-forms-instructions">Forms and Instructions</a></p><p><a href="/data/tic-press-releases-by-topic">TIC Press Releases</a></p></div>
823
<div class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><h2><a href="/data/treasury-international-capital-tic-system">Treasury International Capital (TIC) System</a></h2><p><a href="/data/treasury-international-capital-tic-system">U.S International Portfolio Investment Statistics</a></p><p><a href="/data/treasury-international-capital-tic-system-home-page/release-dates-of-tic-data-0">Release Dates</a></p><p><a href="/data/treasury-international-capital-tic-system-home-page/tic-forms-instructions">Forms and Instructions</a></p><p><a href="/data/tic-press-releases-by-topic">TIC Press Releases</a></p></div>
828
<div data-block-plugin-id="block_content:b79c5b27-c09f-4372-9f3a-15b7b804a842" class="block block-block-content block-block-contentb79c5b27-c09f-4372-9f3a-15b7b804a842 no-underline">
828
<div data-block-plugin-id="block_content:b79c5b27-c09f-4372-9f3a-15b7b804a842" class="block block-block-content block-block-contentb79c5b27-c09f-4372-9f3a-15b7b804a842 no-underline">
832
<div class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><h2><a href="/data/us-international-reserve-position">U.S. International Reserve Position</a></h2>
832
<div class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><h2><a href="/data/us-international-reserve-position">U.S. International Reserve Position</a></h2>
838
<div class="sub-nav-group secretary-column" id="column-6">
838
<div class="sub-nav-group secretary-column" id="column-6">
839
<div class="block-region-col6">
839
<div class="block-region-col6">
841
<div data-block-plugin-id="block_content:7b74c93b-9cc7-4791-a582-c36e910c5d41" class="block block-block-content block-block-content7b74c93b-9cc7-4791-a582-c36e910c5d41 no-underline">
841
<div data-block-plugin-id="block_content:7b74c93b-9cc7-4791-a582-c36e910c5d41" class="block block-block-content block-block-content7b74c93b-9cc7-4791-a582-c36e910c5d41 no-underline">
845
<div class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><h2><a href="/data/troubled-asset-relief-program">Troubled Assets Relief Program</a></h2><p><a href="/data/troubled-assets-relief-program/reports">Reports</a></p><div class="margin-top-2"><h2><a href="/about/offices/management/office-of-the-chief-data-officer">Office of the Chief Data Officer</a></h2><p><a href="https://www.cdo.gov/">Federal CDO Council</a></p><p><a href="https://www.data.gov/">Data.gov</a></p><p><a href="/data/treasury-open-data">Treasury Open Data</a></p><p><a href="https://www.congress.gov/bill/115th-congress/house-bill/4174">Evidence Act H.R.4174</a></p><p><a href="https://datafoundation.org/">Datafoundation.org</a></p></div></div>
845
<div class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><h2><a href="/data/troubled-asset-relief-program">Troubled Assets Relief Program</a></h2><p><a href="/data/troubled-assets-relief-program/reports">Reports</a></p><div class="margin-top-2"><h2><a href="/about/offices/management/office-of-the-chief-data-officer">Office of the Chief Data Officer</a></h2><p><a href="https://www.cdo.gov/">Federal CDO Council</a></p><p><a href="https://www.data.gov/">Data.gov</a></p><p><a href="/data/treasury-open-data">Treasury Open Data</a></p><p><a href="https://www.congress.gov/bill/115th-congress/house-bill/4174">Evidence Act H.R.4174</a></p><p><a href="https://datafoundation.org/">Datafoundation.org</a></p></div></div>
853
</article>
853
</article>
857
<li class="nav-item ">
857
<li class="nav-item ">
858
<a href="/services" class="mm-top" onclick="return false;">Services</a>
858
<a href="/services" class="mm-top" onclick="return false;">Services</a>
859
<div class="sub-nav">
859
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860
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860
<article class="node node--type-mega_menu_panel node--view-mode-full clearfix">
865
<div class="treas-search-menu grid-container" id="megamenu-search">
865
<div class="treas-search-menu grid-container" id="megamenu-search">
866
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866
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867
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867
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868
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868
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869
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869
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870
<div class="region region-search-menu">
870
<div class="region region-search-menu">
873
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873
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877
<form id="search_form" action="https://search.usa.gov/search" accept-charset="UTF-8" method="get"><input name="utf8" type="hidden" value="✓" />
877
<form id="search_form" action="https://search.usa.gov/search" accept-charset="UTF-8" method="get"><input name="utf8" type="hidden" value="✓" />
879
<input type="hidden" name="affiliate" id="affiliate" value="treas" />
879
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880
<label for="query">Enter Search Term(s):</label>
880
<label for="query">Enter Search Term(s):</label>
881
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881
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882
<div class="adv-search-link"><a href="https://search.usa.gov/search/advanced?affiliate=treas" class="hidden">Advanced Search</a></div>
882
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883
<input type="submit" name="commit" value="GO" class="search-form__submit" data-disable-with="Search" />
883
<input type="submit" name="commit" value="GO" class="search-form__submit" data-disable-with="Search" />
895
<div class="mobile-sub-nav">
895
<div class="mobile-sub-nav">
896
<div class="block-region-col1">
896
<div class="block-region-col1">
898
<div data-block-plugin-id="entity_field:node:title" class="block block-ctools-block block-entity-fieldnodetitle no-underline">
898
<div data-block-plugin-id="entity_field:node:title" class="block block-ctools-block block-entity-fieldnodetitle no-underline">
901
<span class="field field--name-title field--type-string field--label-above">Services</span>
901
<span class="field field--name-title field--type-string field--label-above">Services</span>
906
<div class="mobile-scroll-wrap">
906
<div class="mobile-scroll-wrap">
907
<div class="sub-nav-group secretarys-photo secretary-column" id="column-2">
907
<div class="sub-nav-group secretarys-photo secretary-column" id="column-2">
908
<div class="block-region-col2">
908
<div class="block-region-col2">
910
<div data-block-plugin-id="block_content:cd22a6d8-a500-49bb-a312-73c7d2985388" class="block block-block-content block-block-contentcd22a6d8-a500-49bb-a312-73c7d2985388 no-underline">
910
<div data-block-plugin-id="block_content:cd22a6d8-a500-49bb-a312-73c7d2985388" class="block block-block-content block-block-contentcd22a6d8-a500-49bb-a312-73c7d2985388 no-underline">
914
<div class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><h2><a href="/services/report-fraud-waste-and-abuse">Report Fraud, Waste & Abuse</a></h2><p><a href="/services/report-fraud-waste-and-abuse/covid-19-scams">Report COVID-19 Scam Attempts</a></p><p><a href="/services/report-fraud-waste-and-abuse/report-scam-attempts">Report Scam Attempts</a></p><p><a href="/services/report-fraud-waste-and-abuse/report-fraud-or-misconduct-related-to-government-contracts-or-grants">Report Fraud Related to Government Contracts</a></p><p><a href="/services/report-fraud-waste-and-abuse/inspectors-general">Inspectors General</a></p></div>
914
<div class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><h2><a href="/services/report-fraud-waste-and-abuse">Report Fraud, Waste & Abuse</a></h2><p><a href="/services/report-fraud-waste-and-abuse/covid-19-scams">Report COVID-19 Scam Attempts</a></p><p><a href="/services/report-fraud-waste-and-abuse/report-scam-attempts">Report Scam Attempts</a></p><p><a href="/services/report-fraud-waste-and-abuse/report-fraud-or-misconduct-related-to-government-contracts-or-grants">Report Fraud Related to Government Contracts</a></p><p><a href="/services/report-fraud-waste-and-abuse/inspectors-general">Inspectors General</a></p></div>
919
<div data-block-plugin-id="block_content:5c206fe4-3cd6-4a7f-b337-75d6f0042fbc" class="block block-block-content block-block-content5c206fe4-3cd6-4a7f-b337-75d6f0042fbc no-underline">
919
<div data-block-plugin-id="block_content:5c206fe4-3cd6-4a7f-b337-75d6f0042fbc" class="block block-block-content block-block-content5c206fe4-3cd6-4a7f-b337-75d6f0042fbc no-underline">
923
<div class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><h2><a href="/services/bonds-and-securities">Bonds and Securities</a></h2><p><a href="https://www.treasurydirect.gov/">Buy, Manage, and Redeem</a></p><p><a href="https://www.treasurydirect.gov/savings-bonds/treasury-hunt/?utm_source=newsletter&utm_medium=allmail&utm_campaign=MUD_spring&utm_id=MUD7">Treasury Hunt - Search for Matured Bonds</a></p><p><a href="https://www.treasurydirect.gov/savings-bonds/cashing-a-bond/affected-by-a-disaster/">Cashing Savings Bonds in Disaster-Declared Areas</a></p><p><a href="https://www.treasurydirect.gov/help-center/">Frequently Asked Questions</a></p></div>
923
<div class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><h2><a href="/services/bonds-and-securities">Bonds and Securities</a></h2><p><a href="https://www.treasurydirect.gov/">Buy, Manage, and Redeem</a></p><p><a href="https://www.treasurydirect.gov/savings-bonds/treasury-hunt/?utm_source=newsletter&utm_medium=allmail&utm_campaign=MUD_spring&utm_id=MUD7">Treasury Hunt - Search for Matured Bonds</a></p><p><a href="https://www.treasurydirect.gov/savings-bonds/cashing-a-bond/affected-by-a-disaster/">Cashing Savings Bonds in Disaster-Declared Areas</a></p><p><a href="https://www.treasurydirect.gov/help-center/">Frequently Asked Questions</a></p></div>
928
<div data-block-plugin-id="block_content:1337c6e2-5df1-4e57-9bb8-7d76ca39c94c" class="block block-block-content block-block-content1337c6e2-5df1-4e57-9bb8-7d76ca39c94c no-underline">
928
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932
<div class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><h2><a href="/services/treasury-financial-assistance">Grant Programs</a></h2><p><a href="/services/social-impact-partnerships/sippra-pay-for-results">Pay for Results (SIPPRA)</a></p><p><a href="/policy-issues/financial-markets-financial-institutions-and-fiscal-service/restore-act">RESTORE Act</a></p><p><a href="https://www.cdfifund.gov/">Community Development Financial Institution (CDFI) Fund</a></p></div>
932
<div class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><h2><a href="/services/treasury-financial-assistance">Grant Programs</a></h2><p><a href="/services/social-impact-partnerships/sippra-pay-for-results">Pay for Results (SIPPRA)</a></p><p><a href="/policy-issues/financial-markets-financial-institutions-and-fiscal-service/restore-act">RESTORE Act</a></p><p><a href="https://www.cdfifund.gov/">Community Development Financial Institution (CDFI) Fund</a></p></div>
937
<div class="secretarys-bio sub-nav-group secretary-column" id="column-3">
937
<div class="secretarys-bio sub-nav-group secretary-column" id="column-3">
938
<div class="block-region-col3">
938
<div class="block-region-col3">
940
<div data-block-plugin-id="block_content:697d3b79-4238-4159-8111-a4b033f11319" class="block block-block-content block-block-content697d3b79-4238-4159-8111-a4b033f11319 no-underline">
940
<div data-block-plugin-id="block_content:697d3b79-4238-4159-8111-a4b033f11319" class="block block-block-content block-block-content697d3b79-4238-4159-8111-a4b033f11319 no-underline">
944
<div class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><h2><a href="/services/treasury-payments">Treasury Payments</a></h2><p><a href="https://www.irs.gov/refunds">Where is my Refund?</a></p><p><a href="https://fiscal.treasury.gov/pirs/i-want-to.html">Lost or Expired Check</a></p><p><a href="https://www.fiscal.treasury.gov/directexpress/">Direct Express Card</a></p><p><a href="https://www.fiscal.treasury.gov/eft/">Non-Benefit Federal Payments</a></p><p><a href="https://godirect.gov/gpw/">Electronic Federal Benefit Payments - GoDirect</a></p></div>
944
<div class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><h2><a href="/services/treasury-payments">Treasury Payments</a></h2><p><a href="https://www.irs.gov/refunds">Where is my Refund?</a></p><p><a href="https://fiscal.treasury.gov/pirs/i-want-to.html">Lost or Expired Check</a></p><p><a href="https://www.fiscal.treasury.gov/directexpress/">Direct Express Card</a></p><p><a href="https://www.fiscal.treasury.gov/eft/">Non-Benefit Federal Payments</a></p><p><a href="https://godirect.gov/gpw/">Electronic Federal Benefit Payments - GoDirect</a></p></div>
949
<div data-block-plugin-id="block_content:a42a1c43-137d-4599-8c4e-4d6f6030ed6b" class="block block-block-content block-block-contenta42a1c43-137d-4599-8c4e-4d6f6030ed6b no-underline">
949
<div data-block-plugin-id="block_content:a42a1c43-137d-4599-8c4e-4d6f6030ed6b" class="block block-block-content block-block-contenta42a1c43-137d-4599-8c4e-4d6f6030ed6b no-underline">
953
<div class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><h2><a href="/services/currency-and-coins">Currency and Coins</a></h2><p><a href="https://www.usmint.gov/">Shop for Coin Products</a></p><p><a href="https://www.bep.gov/services">Shop for Currency Products </a></p><p><a href="https://www.bep.gov/services/mutilated-currency-redemption">Redeem Damaged Currency</a></p><p><a href="https://www.bep.gov/">Bureau of Engraving and Printing</a></p><p><a href="https://www.usmint.gov/">U.S Mint</a></p><p> </p></div>
953
<div class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><h2><a href="/services/currency-and-coins">Currency and Coins</a></h2><p><a href="https://www.usmint.gov/">Shop for Coin Products</a></p><p><a href="https://www.bep.gov/services">Shop for Currency Products </a></p><p><a href="https://www.bep.gov/services/mutilated-currency-redemption">Redeem Damaged Currency</a></p><p><a href="https://www.bep.gov/">Bureau of Engraving and Printing</a></p><p><a href="https://www.usmint.gov/">U.S Mint</a></p><p> </p></div>
958
<div class="sub-nav-group secretary-remarks secretary-column" id="column-4">
958
<div class="sub-nav-group secretary-remarks secretary-column" id="column-4">
959
<div class="block-region-col4">
959
<div class="block-region-col4">
961
<div data-block-plugin-id="block_content:162bab68-efbe-4083-832b-1499417428d2" class="block block-block-content block-block-content162bab68-efbe-4083-832b-1499417428d2 no-underline">
961
<div data-block-plugin-id="block_content:162bab68-efbe-4083-832b-1499417428d2" class="block block-block-content block-block-content162bab68-efbe-4083-832b-1499417428d2 no-underline">
965
<div class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><h2><a href="/services/treasury-auctions">Auctions</a></h2><p><a href="https://www.irsauctions.gov/">IRS Auctions</a></p><p><a href="https://www.treasury.gov/auctions/treasury/rp/">Real Estate</a></p><p><a href="https://www.treasury.gov/auctions/treasury/gp/">General Property, Vehicles, Vessels & Aircraft</a></p></div>
965
<div class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><h2><a href="/services/treasury-auctions">Auctions</a></h2><p><a href="https://www.irsauctions.gov/">IRS Auctions</a></p><p><a href="https://www.treasury.gov/auctions/treasury/rp/">Real Estate</a></p><p><a href="https://www.treasury.gov/auctions/treasury/gp/">General Property, Vehicles, Vessels & Aircraft</a></p></div>
970
<div data-block-plugin-id="block_content:04a3cfc7-3c51-4a8f-b13b-6c8463269c42" class="block block-block-content block-block-content04a3cfc7-3c51-4a8f-b13b-6c8463269c42 no-underline">
970
<div data-block-plugin-id="block_content:04a3cfc7-3c51-4a8f-b13b-6c8463269c42" class="block block-block-content block-block-content04a3cfc7-3c51-4a8f-b13b-6c8463269c42 no-underline">
974
<div class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><h2><a href="/services/the-multiemployer-pension-reform-act-of-2014">Kline-Miller Multiemployer Pension Reform Act of 2014 </a></h2>
974
<div class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><h2><a href="/services/the-multiemployer-pension-reform-act-of-2014">Kline-Miller Multiemployer Pension Reform Act of 2014 </a></h2>
976
<p><a href="/services/the-multiemployer-pension-reform-act-of-2014/applications-for-benefit-suspension">Applications</a></p>
976
<p><a href="/services/the-multiemployer-pension-reform-act-of-2014/applications-for-benefit-suspension">Applications</a></p>
978
<p><a href="/services/the-multiemployer-pension-reform-act-of-2014/frequently-asked-questions-about-the-kline-miller-multiemployer-pension-reform-act">Frequently Asked Questions</a></p>
978
<p><a href="/services/the-multiemployer-pension-reform-act-of-2014/frequently-asked-questions-about-the-kline-miller-multiemployer-pension-reform-act">Frequently Asked Questions</a></p>
984
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984
<div data-block-plugin-id="block_content:a7453ce4-9a46-433f-bb6e-f7d19f11a1bc" class="block block-block-content block-block-contenta7453ce4-9a46-433f-bb6e-f7d19f11a1bc no-underline">
988
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988
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1050
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<time datetime="2026-02-13T14:52:38Z" class="datetime">February 13, 2026</time>
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1128
<div class="news-title"><a href="/news/featured-stories/treasury-accepting-whistleblower-tips-on-fraud-money-laundering-sanctions-violations" hreflang="en">Treasury Accepting Whistleblower Tips on Fraud, Money Laundering, Sanctions Violations</a></div>
1128
<div class="news-title"><a href="/news/featured-stories/treasury-accepting-whistleblower-tips-on-fraud-money-laundering-sanctions-violations" hreflang="en">Treasury Accepting Whistleblower Tips on Fraud, Money Laundering, Sanctions Violations</a></div>
1130
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<time datetime="2025-12-23T21:15:00Z" class="datetime">December 23, 2025</time>
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<div class="news-title"><a href="/news/featured-stories/penny-production-cessation-faqs" hreflang="en">Penny Production Cessation FAQs</a></div>
1132
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<time datetime="2025-02-08T21:05:59Z" class="datetime">February 8, 2025</time>
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1136
<div class="news-title"><a href="/news/featured-stories/united-states-department-of-the-treasury-announces-new-appointments" hreflang="en">United States Department of the Treasury Announces New Appointments</a></div>
1136
<div class="news-title"><a href="/news/featured-stories/united-states-department-of-the-treasury-announces-new-appointments" hreflang="en">United States Department of the Treasury Announces New Appointments</a></div>
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1162
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1167
<time datetime="2026-06-09T15:30:00Z" class="datetime">June 9, 2026</time>
1168
<div class="news-title"><a href="/news/press-releases/sb0526" hreflang="en">Treasury Releases Social Security and Medicare Trustees Reports</a></div>
1170
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1167
<time datetime="2026-06-05T15:30:00Z" class="datetime">June 5, 2026</time>
1171
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1168
<div class="news-title"><a href="/news/press-releases/sb0524" hreflang="en">Economic Fury Targets Iranian LPG Smuggling and Shadow Banking Networks</a></div>
1172
<div class="news-title"><a href="/news/press-releases/sb0524" hreflang="en">Economic Fury Targets Iranian LPG Smuggling and Shadow Banking Networks</a></div>
1170
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1174
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<time datetime="2026-06-05T14:00:00Z" class="datetime">June 5, 2026</time>
1175
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1172
<div class="news-title"><a href="/news/press-releases/sb0523" hreflang="en">FinCEN Asks Financial Institutions to Detect and Report Illicit Activity Related to Illegal Aliens</a></div>
1176
<div class="news-title"><a href="/news/press-releases/sb0523" hreflang="en">FinCEN Asks Financial Institutions to Detect and Report Illicit Activity Related to Illegal Aliens</a></div>
1174
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1175
<time datetime="2026-06-02T19:30:00Z" class="datetime">June 2, 2026</time>
1176
<div class="news-title"><a href="/news/press-releases/sb0519" hreflang="en">Economic Fury Targets Iran’s Largest Digital Asset Exchange for Terror Finance and Sanctions Evasion</a></div>
1181
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1183
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<h2><a href="/news/press-releases/statements-remarks">Remarks and Statements</a></h2>
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<time datetime="2026-06-04T14:15:00Z" class="datetime">June 4, 2026</time>
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1208
<div class="news-title"><a href="/news/press-releases/sb0522" hreflang="en">Statement from Secretary of the Treasury Scott Bessent Before the United States House of Representatives Ways and Means Committee</a></div>
1208
<div class="news-title"><a href="/news/press-releases/sb0522" hreflang="en">Statement from Secretary of the Treasury Scott Bessent Before the United States House of Representatives Ways and Means Committee</a></div>
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<time datetime="2026-06-03T14:15:00Z" class="datetime">June 3, 2026</time>
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1212
<div class="news-title"><a href="/news/press-releases/sb0521" hreflang="en">Statement from Secretary of the Treasury Scott Bessent Before the United States Senate Finance Committee</a></div>
1212
<div class="news-title"><a href="/news/press-releases/sb0521" hreflang="en">Statement from Secretary of the Treasury Scott Bessent Before the United States Senate Finance Committee</a></div>
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<time datetime="2026-05-29T18:50:00Z" class="datetime">May 29, 2026</time>
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<time datetime="2026-05-29T18:50:00Z" class="datetime">May 29, 2026</time>
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<div class="news-title"><a href="/news/press-releases/sb0514" hreflang="en">Remarks by Treasury Secretary Scott Bessent before the 2026 Reagan National Economic Forum: While America Slept</a></div>
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<div class="news-title"><a href="/news/press-releases/sb0514" hreflang="en">Remarks by Treasury Secretary Scott Bessent before the 2026 Reagan National Economic Forum: While America Slept</a></div>
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<h2 class="uswds-page-title"><span class="field field--name-title field--type-string field--label-hidden">Remarks by Secretary of the Treasury Janet L. Yellen Ahead of Meeting with the U.S.-China Economic and Financial Working Groups</span>
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<div class="date-format field field--name-field-news-publication-date field--type-datetime field--label-hidden field__item"><time datetime="2024-04-16T18:00:00Z" class="datetime">April 16, 2024</time>
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<div class="date-format field field--name-field-news-publication-date field--type-datetime field--label-hidden field__item"><time datetime="2024-04-16T18:00:00Z" class="datetime">April 16, 2024</time>
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<div class="clearfix text-formatted field field--name-field-news-body field--type-text-long field--label-hidden field__item"><p><em>As Prepared for Delivery</em></p><p>Vice Minister Liao and Deputy Governor Xuan, thank you for joining us here in Washington. It is a pleasure to host you, and to see you both so soon after my recent trip to China.</p><p>I am greatly appreciative of you, the Vice Premier, and the Premier for your warm welcomes in Guangzhou and Beijing.</p><p>Over the past year, we have taken major steps to put the U.S.-China economic relationship on stronger footing.</p><p>At President Biden’s direction, I have focused on intensifying communication. I’ve met with Vice Premier He three times in the past ten months: last July in Beijing; in November in the San Francisco Bay Area; and earlier this month in Guangzhou. And we’ve established the Economic and Financial Working Groups, which I’m very glad are holding their fourth meetings here in person this week.</p><p>Through our discussions to date, the U.S. and China have made progress on areas of common interest. This includes efforts to protect financial stability, combat money laundering, and address climate change, including through climate finance. As the world’s two biggest economies, we must lead in these areas for the benefit of our peoples and the world.</p><p>We have also had important discussions on areas where we disagree. While in Guangzhou and Beijing this month, I was able to have frank discussions with senior Chinese officials regarding China’s industrial policy practices and the negative spillovers that overcapacity can create for the global economy. These are concerns I hear not only from American firms, but from many others as well. And I continue to believe that addressing overcapacity and broader macroeconomic imbalances can help China’s own economy.</p><p>During my trip, Vice Premier He and I also agreed to two significant initiatives, which I believe will let us continue advancing work on areas where our cooperation is necessary, and to continue deepening our understanding on areas where we disagree.</p><p>Today, less than two weeks since the conclusion of my meetings with Vice Premier He, we are engaging in the intensive exchange we agreed to on balanced growth in the domestic and global economies. This exchange allows us to continue to discuss and address a broad range of issues, including economic policies that can contribute to addressing domestic and external imbalances. We are also holding our first meeting of the Joint Treasury-PBOC Cooperation and Exchange on Anti-Money Laundering, where the teams will discuss the regulation of virtual assets and beneficial ownership, among other issues.</p><p>We’ll continue to move both initiatives forward in the context of these Working Groups.</p><p>As we look to the months ahead, I look forward to advancing collaboration on shared goals and addressing misunderstandings. Despite the challenges that the U.S.-China relationship may endure in the weeks and months ahead, President Biden and I are firmly committed to responsibly managing this relationship. Our continued communication and shared work matter for our people and for people around the world.</p><p class="text-align-center">###<br> </p></div>
1644
<div class="clearfix text-formatted field field--name-field-news-body field--type-text-long field--label-hidden field__item"><p><em>As Prepared for Delivery</em></p><p>Vice Minister Liao and Deputy Governor Xuan, thank you for joining us here in Washington. It is a pleasure to host you, and to see you both so soon after my recent trip to China.</p><p>I am greatly appreciative of you, the Vice Premier, and the Premier for your warm welcomes in Guangzhou and Beijing.</p><p>Over the past year, we have taken major steps to put the U.S.-China economic relationship on stronger footing.</p><p>At President Biden’s direction, I have focused on intensifying communication. I’ve met with Vice Premier He three times in the past ten months: last July in Beijing; in November in the San Francisco Bay Area; and earlier this month in Guangzhou. And we’ve established the Economic and Financial Working Groups, which I’m very glad are holding their fourth meetings here in person this week.</p><p>Through our discussions to date, the U.S. and China have made progress on areas of common interest. This includes efforts to protect financial stability, combat money laundering, and address climate change, including through climate finance. As the world’s two biggest economies, we must lead in these areas for the benefit of our peoples and the world.</p><p>We have also had important discussions on areas where we disagree. While in Guangzhou and Beijing this month, I was able to have frank discussions with senior Chinese officials regarding China’s industrial policy practices and the negative spillovers that overcapacity can create for the global economy. These are concerns I hear not only from American firms, but from many others as well. And I continue to believe that addressing overcapacity and broader macroeconomic imbalances can help China’s own economy.</p><p>During my trip, Vice Premier He and I also agreed to two significant initiatives, which I believe will let us continue advancing work on areas where our cooperation is necessary, and to continue deepening our understanding on areas where we disagree.</p><p>Today, less than two weeks since the conclusion of my meetings with Vice Premier He, we are engaging in the intensive exchange we agreed to on balanced growth in the domestic and global economies. This exchange allows us to continue to discuss and address a broad range of issues, including economic policies that can contribute to addressing domestic and external imbalances. We are also holding our first meeting of the Joint Treasury-PBOC Cooperation and Exchange on Anti-Money Laundering, where the teams will discuss the regulation of virtual assets and beneficial ownership, among other issues.</p><p>We’ll continue to move both initiatives forward in the context of these Working Groups.</p><p>As we look to the months ahead, I look forward to advancing collaboration on shared goals and addressing misunderstandings. Despite the challenges that the U.S.-China relationship may endure in the weeks and months ahead, President Biden and I are firmly committed to responsibly managing this relationship. Our continued communication and shared work matter for our people and for people around the world.</p><p class="text-align-center">###<br> </p></div>
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<a href="/news/press-releases/sb0519" hreflang="en">Economic Fury Targets Iran’s Largest Digital Asset Exchange for Terror Finance and Sanctions Evasion</a>
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#navigation .nav-item {1960
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