Department of the Treasury

On February, 28, 2022, the Department of Treasury released the updated Compliance and Reporting Guidance for the Coronavirus State and Local Fiscal Recovery Funds (SLFRF) program.

The US Department of the Treasury started disbursing State and Local Fiscal Recovery Funds to state, local, territorial, and Tribal government recipients on May 10, 2021. A subset of these recipients were required to submit initial reports on August 31, 2021. Treasury is processing these reports and will make them publicly available soon. In the meantime, highlights from the Recovery Plan Performance Reports submitted by recipients include both immediate and long-term plans across eligible use categories.

The US Department of the Treasury issued the Final Rule for the State and Local Fiscal Recovery Funds (SLFRF) program, enacted as a part of the American Rescue Plan, which delivers $350 billion to state, local, and Tribal governments to support their response to and recovery from the COVID-19 pandemic.

The Department of the Treasury released guidance for the Coronavirus Capital Projects Fund program established by the American Rescue Plan Act of 2021. The program allocates $10 billion for eligible governments to carry out critical capital projects that directly enable work, education, and health monitoring, including remote options, in response to the COVID-19 public health emergency.

The United States stands with the Cuban people in their quest for democracy, human rights, and fundamental freedoms. The Cuban regime has implemented measures to curb the flow of information over the internet. While most transactions continue to be prohibited under the US's embargo on Cuba, the US government allows for certain activities to support the Cuban people’s access to information on the internet. The most relevant exemptions and authorizations pertinent to supporting the Cuban people through the provision of certain internet and related telecommunications services are:

The G20 has worked diligently to catalyze private sector investment in infrastructure. This work is now more important than ever as governments divert resources towards COVID-19 recovery, and the US is committed to doing its part. First, to help address the investment gap here in the US, the Biden-Harris Administration has proposed a plan to invest $1.7 trillion in public finance over the next 10 years.