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Treasury Department
@USTreasury
Executive agency responsible for promoting economic prosperity & ensuring financial security of the United States | Follow & for more
Washington, DC, USAtreasury.govJoined March 2010

Treasury Department’s Tweets

Following 's State of the Union address, I traveled to Nashville today to speak about our economic agenda: the progress we’ve achieved since the depths of the pandemic, the stable growth and innovation we're seeing now, and the work ahead to harness the promise of our plan.
Secretary Yellen stands at a podium and speaks to a crowd.
Six people stand in a group and look forward for a photo.
Seven people stand in a group and look forward for a photo.
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Iran is increasingly turning to buyers in East Asia to sell its petrochemical and petroleum products, in violation of U.S. sanctions. Today’s action continues U.S. efforts to target Tehran’s sources of illicit revenue and enforce existing sanctions.
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TUNE IN: visits the Ultium Cells battery plant outside of Nashville, TN to highlight the Biden-Harris Administration's economic agenda, and the Inflation Reduction Act's historic investments in clean energy manufacturing and battery production.
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American Rescue Plan programs continue to help communities recover. With #ARP we’re connecting 936K+ homes & businesses to high-speed internet, making 8M+ payments to keep renters in their homes, & investing $10B+ in small businesses in underserved communities across the country.
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The U.S. economy is currently experiencing 3.4% unemployment, the lowest rate in more than 50 years. Unemployment rates for Black Americans, Hispanic Americans, and Americans with disabilities are all near record lows.
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Today, Treasury updated vehicle classification information related to the Inflation Reduction Act's clean vehicle tax credits. This change will make it easier for consumers to know which electric vehicles qualify and to claim these credits of up to $7,500.
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Today, Treasury announced 4 new Capital Projects Fund awards to AL, KY, NV, & TX to increase access to affordable, high-speed internet. With 30 state awards and counting, over 1M locations will be connected as a result of this American Rescue Plan funding.
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Today’s sanctions against Paraguay’s former President Cartes and current Vice-President Velazquez highlight the pressing need for the Government of Paraguay to act in the best interest of its citizens, not line the pockets of its political elites.
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Today, the U.S. is designating numerous entities and individuals that support the Russian proxy Wagner Group’s military operations and ongoing pattern of brutal violence, human rights abuses, and serious criminal activity in countries across the world.
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Treasury will continue our efforts to choke off Putin’s access to resources for his brutal war and curb Russia's wealth-extraction tactics and human rights abuses in Africa, Asia, Ukraine, and across the world.
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The Wagner Group is a Russian private military company involved in Kremlin-backed combat operations around the world, including Ukraine. Wagner has also contributed to destabilization in countries in Africa, committing widespread human rights abuses & extorting natural resources.
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The U.S. is taking additional actions to degrade Russia's capacity to wage war against Ukraine by sanctioning a number of individuals and entities in Russia’s military complex and designating the Wagner Group as a transnational criminal organization.
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Earlier this week, Treasury announced $690 million in reallocated funds under the Emergency Rental Assistance Program to assist renters facing financial hardship.
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Today, Treasury announced that 89 state and local grantees have been awarded $690 million in reallocated funds to assist renters facing financial hardship and help keep families in their homes. home.treasury.gov/news/press-rel
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This tax season, the is utilizing Inflation Reduction Act funding to start modernizing and improving the taxpayer experience. ⬇️ Read below about improvements in customer service, filing processes, and more you can expect this tax season.
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Today marks the beginning of tax filing season and thanks to @POTUS, the Inflation Reduction Act is providing additional funding to modernize the IRS—to hire the staff and build the systems needed to give Americans the service they deserve. home.treasury.gov/news/featured-
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I leave Dakar for Lusaka, Zambia today, grateful for the hospitality I have been shown in Senegal, for the chance to see economic and energy innovations here, and for the opportunity over the past days to discuss how the U.S. can further strengthen our partnership with Senegal.
Secretary Yellen, U.S. Ambassador to Senegal Mike Raynor, and U.S. Treasury Assistant Secretary Alexia Latortue sit at a meeting table. The logo for DER is behind them.
Secretary Yellen, Treasury leaders, and representatives of Senegal stand together in a group facing forward for a photo. They are on a beach standing on the sand.
Secretary Yellen and Treasury leaders sit at a dining table with members of the American Chamber of Commerce of Dakar. They are all in conversation.
Secretary Yellen stands at Goree Island's "Door of No Return" and looks out into the ocean beyond the door.
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The U.S. economy is resilient and well-positioned to weather global headwinds over the coming year. In year three of the Biden-Harris Administration, Treasury will continue to promote stable growth and make investments in the future security and prosperity of the United States.
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Revitalizing American manufacturing makes our economy stronger and more secure. The Biden economic agenda has helped create nearly 750K new manufacturing jobs across the country, many in communities that have suffered from underinvestment for decades.
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Americans have applied to start new businesses at a historic rate over the past two years, over 10.5M new businesses. Treasury programs like the $10B State Small Business Credit Initiative continue to support states as they provide resources and capital to new businesses.
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American Rescue Plan programs, like Treasury's Emergency Rental Assistance Program, have helped prevent an eviction crisis during the pandemic. For instance, over 1,000 active ERA programs have made more than 8M payments to help renters stay in their homes.
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The Administration has passed measures to help families with persistent costs of living. Thanks to the Inflation Reduction Act, millions of Americans will save on their energy, health-insurance and prescription-drug costs.
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Inflation in the U.S. continues to show signs of easing, bringing prices down for American households. Lower energy prices and improvements in supply chains have been large influences. As of this month, headline inflation has shown declines for 6 consecutive months.
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The unemployment rate fell to a 50-year low at the end of 2022. The unemployment rate is at the lowest rate on record for people with disabilities, and near record lows for African-American and Hispanic workers.
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The economy has rapidly recovered and created jobs, enough to offset the number of jobs lost during the pandemic downturn, and it did so faster than in the aftermath of the last three major economic downturns. 10M+ jobs have been created since January 2021.
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