Treasurys

**Treasury’s 2024 Strategy:** How Automation & Innovation Will Combat Illicit Finance

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Washington, DC – The Treasury Department’s 2024 national illicit finance strategy focuses on closing regulatory gaps to combat money laundering in the American banking system. Released on May 16, 2024, the strategy emphasizes the ongoing efforts to strengthen the country’s anti-money laundering and countering the funding of terrorism framework. The Department outlined its 2024 “National Strategy for Combatting Terrorist and Other Illicit Financing,” highlighting its commitment to fighting illicit financial activities, particularly in the cryptocurrency …

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Borrowing Update: Treasury’s Latest Marketable Debt Estimates Revealed

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Washington, D.C. – The U.S. Department of the Treasury revealed its latest projections for privately-held net marketable borrowing for the second and third quarters of 2024. In the April-June 2024 period, the Treasury anticipates borrowing $243 billion in privately-held net marketable debt, with an estimated end-of-June cash balance of $750 billion. This borrowing estimate represents a $41 billion increase from the previous announcement in January 2024, attributed to lower cash receipts offset by a higher …

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