Treasury and IRS released new data on the IRS's Direct File Pilot for the 2024 filing season. The program received positive user feedback, saved participants an estimated $5.6M in tax preparation fees and helped taxpayers access over $90M in refunds.
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Treasury sanctioned over a dozen entities, individuals, and vessels that have financed the clandestine sale of Iranian UAVs for Iran’s Ministry of Defense and Armed Forces Logistics, which is involved in supporting Iran’s IRGC and Russia’s war in Ukraine. home.treasury.gov/news/press-rel…

Tune in as Secretary Janet Yellen joins Reuters for a fireside conversation, where she'll discuss the continued resilience and strength of the U.S. economy under President Biden's leadership, the work she's leading to responsibly manage the U.S.-China economic relationship, and other priorities.

Treasury sanctioned two leaders of al-Qa’ida-aligned terrorist group Jama’at Nusrat al-Islam wal-Muslimin (JNIM) for hostage-taking of U.S. persons in West Africa. Treasury will continue to hold accountable those who seek to hold U.S. citizens hostage.
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Today, Treasury sanctioned two companies and four individuals involved in malicious cyber activity on behalf of the IRGC-CEC. The U.S. is committed to protecting entities from these coordinated campaigns intended to destabilize our critical infrastructure. home.treasury.gov/news/press-rel…

In response to Iran’s unprecedented attack on Israel, Treasury Department is taking swift and decisive action to impose new sanctions targeting the Iranian UAV program and major revenue generators, in a coordinated action with the United Kingdom. home.treasury.gov/news/press-rel…

Because of decisive policy decisions made by President Biden and Vice President Kamala Harris, America’s seen its most equitable economic recovery in history.

Black women in particular were hit hard by the pandemic but are now driving American economic growth.

My op-ed in ESSENCE:

essence.com/news/money-car…

TUNE IN as Secretary Yellen holds a press conference, outlining her key priorities heading into the 2024 Spring Meetings of the International Monetary Fund and World Bank. twitter.com/i/broadcasts/1…

The IRS has met or exceeded every 2024 Filing Season goal thanks to improvements funded by President Biden' Inflation Reduction Act.

Thanks to President Biden's Inflation Reduction Act, the IRS is delivering. This Filing Season, the IRS has answered 9/10 calls with 3-minute average wait times. Prior to the IRA, fewer than 2/10 calls were answered, with ~30-minute average wait times.

Treasury, in coordination with the UK, issued new prohibitions on Russian aluminum, copper, and nickel. Today's action will reduce Russia's revenues while protecting against unwanted spillover effects. home.treasury.gov/news/press-rel…

Treasury is taking action against Hamas by targeting Gaza- and Lebanon-based leaders of the terrorist group’s offensive cyber and unmanned aerial vehicle operations. The European Union is concurrently imposing sanctions targeting Hamas. home.treasury.gov/news/press-rel…

U/S Shambaugh spoke at Peterson Institute about the U.S. vision for how the international financial system can and should do more to address challenges faced by emerging-market and developing economies at the nexus of sovereign debt, development and
climate finance.
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Today, Treasury issued proposed changes to its regulations to sharpen and enhance Committee on Foreign Investment in the United States (CFIUS) procedures and enforcement authorities to protect national security. home.treasury.gov/news/press-rel…

We recognize April as National Financial Capability Month to highlight how informed, empowered consumers contribute to a more equitable economy. Find resources at MyMoney.gov.

Millions of Americans can now file taxes for free directly with the IRS because of President Biden’s Inflation Reduction Act.

Watch as Secretary Janet Yellen explains more and then head to DirectFile.IRS.gov to file today.

.Rep. Alexandria Ocasio-Cortez and I want you to hear about IRS Direct File - an easy and free way to file your taxes. If you have simple taxes and live in one of 12 states, you could be one of the ~19 million eligible Americans. Find out and file today at directfile.irs.gov.

TUNE IN as Secretary Yellen holds a press conference in Beijing, following a week of direct and productive meetings with officials from the People’s Republic of China. twitter.com/i/broadcasts/1…

I concluded an extensive and productive two days of meetings with Vice Premier He Lifeng.

We have agreed to launch two significant new initiatives that will advance the interests of American workers and firms and help protect U.S. national security. home.treasury.gov/news/press-rel…

Over the past two days, Secretary Janet Yellen had frank and productive discussions with Vice Premier He of the PRC on a range of issues related to the U.S.-China economic relationship. Secretary Yellen noted areas of cooperation and directly raised issues of concern. home.treasury.gov/news/press-rel…