Today, announced the approval of approximately $86 million in funding for small businesses in Mississippi under the American Rescue Plan’s State Small Business Credit Initiative, part of President Biden’s Investing in America agenda.
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Treasury Department’s Tweets
Bidenomics is about creating an economy that works for all Americans. That’s why is growing our economy from the middle out and the bottom up, strengthening the middle class and investing in American families and communities.
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The increasing effects of climate change present new challenges for the insurance sector. A new report out today from our Federal Insurance Office outlines 20 recommendations to better integrate climate risks into insurance supervision. Read more ↓
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Today's report is one aspect of our broader efforts to address the risks climate change poses to the insurance industry. That includes ourproposed data collection work to gather consistent, comparable, and granular underwriting data on homeowners insurance
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Today, Treasury announced the approval of plans for up to $73 million in funding allocated to 39 Tribal governments under the American Rescue Plan’s State Small Business Credit Initiative, part of ’s Investing in America agenda.
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The promise of a more equitable economy is nothing without action. At ’s first summit on Latino economic development, we’re discussing how this Administration has invested in the Latino community – efforts which have delivered real results – and the work that remains.
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Today, Treasury announced broadband funding to connect 33,000 homes and businesses in Washington to affordable, high-speed internet under the American Rescue Plan's Capital Projects Fund, part of 's Investing in America Agenda.
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Today, as part of the first summit on investing in the economic future of the Latino community, the Treasury Department released a new fact sheet detailing actions the Department has taken and their impact on Latino households, businesses, and communities.
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Press Conference Secretary of the Treasury Janet L. Yellen in Paris, France June 22,2023
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Today, to commemorate the Juneteenth holiday, the U.S. Department of the Treasury released a fact sheet detailing actions the Department has taken and their impact on Black households, businesses, and communities.
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Today, Treasury announced funding for broadband infrastructure projects & multi-purpose community facility projects in Montana & North Dakota under the American Rescue Plan's Capital Projects Fund, part of 's Investing in America Agenda.
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The CHIPS Act included a tax credit of 25% of the cost of building new semiconductor manufacturing facilities in the US. Today’s guidance provides clear rules of the road for companies to utilize the full credit and propel investments forward.
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Today, U.S. Treasurer Chief Lynn Malerba convened a meeting of the Treasury Tribal Advisory Committee to hear from Tribal leaders and discuss Indian Country’s economic priorities.
home.treasury.gov/news/press-rel
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Today, Treasury released guidance on 2 new provisions in the IRA that will expand the reach of the clean energy tax credits. Schools, states, & community groups will benefit & projects will be built more quickly and affordably.
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Today, announced a new strategy to help ensure fairness in Treasury’s compliance and enforcement practices – a key part of the Department’s broader efforts to promote equity and transparency across programs, policies, and services.
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U/S Shambaugh spoke to the U.S. Global Leadership Coalition today on ’s priorities, including strengthening the global economy, healthy economic competition with China, evolving the MDBs to better address climate change, and supporting emerging markets and investment.
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A year after announcing the first awards under the American Rescue Plan’s Capital Projects Fund, Treasury has awarded approx. $6.7 billion to close the digital divide in 42 states, which those states estimate will reach more than 1.88 million locations.
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Here’s one example: In Pennsylvania, 44,000 homes and businesses are set to benefit from $200 million worth of broadband expansion. This funding is expected to particularly boost rural communities, where access to high-speed internet is still lacking.
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CPF is working in tandem with other federal programs, like the Bipartisan Infrastructure Law’s Affordable Connectivity Program, to close the digital divide. Already, President Biden’s Investing in America agenda has delivered high-speed internet to over 18 million households.
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CPF provides $10 billion to fund capital projects that enable work, education, and health monitoring – including building broadband infrastructure, improving multi-purpose community centers, and investing in digital connectivity projects that address gaps in digital equity.
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