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Policy Issues

Economic Policy

Reports on current and prospective economic developments and assists in the determination of appropriate economic policies. Responsible for the review and analysis of both domestic and international economic issues and developments in the financial markets.

Macroeconomic analysisLabor market dataEconomic forecastingGDP and growth metrics

Tax Policy

Develops and implements tax policies and programs, reviews regulations and rulings to administer the Internal Revenue Code, negotiates tax treaties, and provides economic and legal policy analysis for domestic and international tax policy decisions.

Tax code administrationTax treatiesRevenue analysisTax reform initiatives

Financing the Government

Treasury manages the federal government's finances, including debt issuance, cash management, and interest rate policy. This includes publishing daily Treasury yield curve rates and managing the public debt.

Interest rate statisticsTreasury securitiesPublic debt managementCash management

Financial Markets, Financial Institutions, and Fiscal Service

Oversees financial market regulation, institutional supervision, and the fiscal operations of the federal government, including the Financial Stability Oversight Council (FSOC).

Banking regulationFSOC oversightFinancial stabilityMarket surveillance

International Affairs

Protects and supports U.S. economic prosperity by strengthening the external environment for U.S. growth, preventing and mitigating global financial instability, and managing key global challenges.

International monetary policyBilateral agreementsIMF & World BankCurrency policy

Terrorism and Financial Intelligence

Develops and implements U.S. government strategies to combat terrorist financing domestically and internationally, administers economic sanctions, and fights financial crimes including money laundering.

Economic sanctions (OFAC)Anti-money launderingCounter-terrorism financeFinancial crimes enforcement

Recovery Programs

Leads the Department's implementation of economic relief and recovery programs, including programs established under the American Rescue Plan and other COVID-19 related legislation.

State & Local Fiscal RecoveryEmergency Rental AssistanceHomeowner Assistance FundCapital Projects Fund

Domestic Finance

Advises and assists in areas of domestic finance, banking, and other related economic matters. Develops policies for financial institutions, federal debt finance, financial regulation, and capital markets.

Debt managementFinancial regulationCapital markets policyCommunity development