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…

As the world’s two largest economies, it is critical that we maintain clear channels of communication – particularly when we disagree. The American people expect us to responsibly manage this relationship, and the world expects that we work together where we can.

During my time in China, I’ll focus on advancing a healthy economic relationship that provides a level playing field for American workers and firms, and furthering cooperation on shared challenges like illicit finance and climate change.

At the same time, we’ve strengthened America’s relationship with emerging markets — including in the Indo-Pacific region. These efforts are helping the U.S. diversify critical supply chains and bolster our economic security.

At President Biden’s direction, we’ve worked to responsibly manage our relationship with China from a position of strength. Our economic agenda is driving a historic recovery – and our significant investments in America’s productive capacity will drive continued, strong economic growth.

Today, I’m heading to China — first to Guangzhou and then to Beijing — to engage with my counterparts, American business leaders, and others to advance America’s economic and national security interests.

New US companies created or registered in 2024 have 90 days to report beneficial ownership information.

Today is the first rolling filing deadline and covers companies formed on Jan 1st.

If you created a company in Jan 2024, your deadline is this month! Fincen.gov/boi

Heading into the weekend, when a majority of taxpayers file, we encourage Americans who live in the 12 pilot states and have simple tax situations to visit directfile.irs.gov and see if this free and easy option is right for them.

This is another example of how President Biden’s Investing in America agenda is helping spur and revitalize domestic clean energy manufacturing – which lowers energy costs for American families, bolsters our nation’s economic security, and drives progress toward our climate goals.

Today, Suniva announced a new three-year, $400 million contract to produce its American-made solar cells for American-made made solar modules, including a kind that has never been made in the U.S. before – all a direct result of the Inflation Reduction Act’s tax credits.

I’m excited to be in Georgia today to visit a Suniva solar cell manufacturing facility that is reopening this spring thanks to the President Biden’s Inflation Reduction Act, after shuttering during the previous Administration.

TUNE IN as Secretary Yellen delivers remarks in Georgia on how President Biden’s Inflation Reduction Act is onshoring clean energy manufacturing, creating good paying jobs, and lowering household energy costs – central tenets of his Investing in America agenda. twitter.com/i/broadcasts/1…

Today, Treasury released a report on managing Al-specific cybersecurity risks in the financial services sector. Treasury's Al report outlines a series of next steps to address immediate Al-related operational risk, cybersecurity, and fraud challenges.

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