U.S. Department of the Treasury is a state-owned entity headquartered in the US, founded in 1789 and employing approximately 11,480 individuals. The department specializes in government administration.
On March 15, 2026, representatives from Beijing and Washington began economic and trade talks in Paris, led by U.S. Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng. These discussions aimed to iron out kinks in their trade truce and pave the way for U.S. President Donald Trump’s state visit to Beijing to meet Chinese leader Xi Jinping in about two weeks, following reports earlier the same day that top economic officials were set to launch this new round of talks. Also on March 15, the U.S. Treasury officially acknowledged for the first time the legal use of crypto mixers, stating in a report submitted to Congress that lawful digital asset users can employ them to maintain financial privacy when making transactions on public blockchains. Previously on March 15, President Donald Trump announced his plan to reimpose sanctions on Russian oil once global oil prices stabilize, explaining his desire to see oil available worldwide, including in the United States.
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