U.S. Department of the Treasury

The United States extends its deepest condolences to the people of Venezuela following yesterday’s devastating earthquakes and the tragic loss of life and destruction they have caused. Today, the Treasury Department’s Office of Foreign Assets Control (OFAC) issued Venezuela General License 60, expanding Treasury’s authorizations to support emergency earthquake relief efforts in Venezuela. U.S. sanctions programs include broad authorizations for humanitarian activities, and this General License provides additional clarity and certainty for those seeking to deliver earthquake assistance, enabling them to focus on supporting affected communities and advancing recovery efforts in Venezuela.

Today, Treasury’s Office of Foreign Assets Control imposed sanctions on a network working in coordination with the Rwandan-backed March 23 Movement to illegally smuggle minerals from eastern Democratic Republic of the Congo to Rwanda. This action supports the historic U.S.-brokered Washington Accords for Peace and Prosperity.

.@SecScottBessent tells @BretBaier: Prosperity is coming under @POTUS. The underlying economy is very strong. We’re going to get on the other side of this Iran conflict, and the inflation will come back to target. We’ll go back to real wage growth… We can’t have real durable prosperity without economic security.

Thank you to the American Academy of Achievement for the great privilege of receiving the Golden Plate Award at the International Achievement Summit. I am honored to join such distinguished company and grateful for the Academy’s work to extend the reach of the American Dream.

.@SecScottBessent on @SquawkCNBC: “It is also the 250th anniversary of Adam Smith’s The Wealth of Nations. Adam Smith could not have imagined what the United States would have unleashed by letting people innovate, form their own businesses, and live in a free society. When you unleash human potential like only the United States has. We should be proud of this in our 250th year."

.@SecScottBessent on @SquawkCNBC: "Our economic policies strayed from our interests over the past couple of decades, and @POTUS has just called for a rethink. We have all hands-on deck in the administration, whether it is our foreign policy, our economic policy, and our military policy. Everyone wants to be part of the U.S. economy."

America’s competitive advantage has never been confined to the bounty of our natural resources or the depth of our capital markets. It has always resided in the character and capacity of our people. This great insight has been the source of America’s strength since its founding. And under @POTUS, we are creating an economy in which all Americans can participate and prosper.

On the eve of America’s 250th anniversary, the most fitting way to honor those who founded this great nation is to meet the pressing challenges of our own time with the same resolve that they brought to theirs. Last night at @EconClubNY, I made clear that under @POTUS’ leadership, @USTreasury is working to restore economic security as the foundation that allows a nation to fulfill its most basic obligations—and to strengthen the security, prosperity, and freedom of our people for the next 250 years and well beyond.

Scam centers in Southeast Asia steal billions of dollars from American victims each year. The Trump Administration is united in its efforts to dismantle these overseas criminal enterprises, and Treasury will continue using its tools to disrupt the networks behind this egregious fraud and protect Americans.

Today, under the leadership of @SecScottBessent and @POTUS, Treasury took action to further dismantle overseas scam operations targeting American victims.

Freedom is the essence of the American dream. Salute to America on July 4th in Washington, DC will mark 250 years of ingenuity with world-class music and a fireworks display of historic proportions — our republic in its prime. 🇺🇸 Follow @freedom250 and get your FREE tickets:

Under President @realDonaldTrump and @VP, we continue to make the world safer and more prosperous. In line with the ongoing productive talks in Switzerland, Iran has committed to free and open transit in the Strait of Hormuz and to permit International Atomic Energy Agency (IAEA) inspectors into their country. As part of the framework, Treasury has issued a temporary 60-day general license authorizing the production, delivery, and sale of Iranian oil.

Today, Treasury’s Office of Foreign Assets Control sanctioned Hizballah-aligned Lebanese officials, as well as members and interlocutors of a Hizballah-associated business network. The Lebanese officials designated today have used their influence to obstruct Lebanon’s peace process and delay the disarmament of Hizballah.