Under Secretary for International Affairs

On Monday, October 26, 2026, Treasury co-chaired the U.S.-DRC Grand Inga Hydropower Project Governance and Coordination Committee with Vice-Prime Minister and Minister of the National Economy, Daniel Mukoko Samba, and Minister of Finance, Doudou Fwamba. The committee brought together senior officials across eight DRC institutions and seven U.S. agencies. Under the U.S.-DRC Strategic Partnership Agreement, we’re working to strengthen bilateral cooperation on economic development, infrastructure, and critical minerals.

While in Hong Kong, I met with representatives of Bank of America, Goldman Sachs, BNY Mellon, Citi, JPMorgan Chase, Morgan Stanley, and State Street. I thanked them for joining the roundtable and welcomed their on-the-ground perspectives on the Asia-Pacific, U.S.-China relations, the dollar’s role, and economic security. Under President Trump’s leadership, the United States is pursuing an ambitious agenda centered on economic growth, energy abundance, and regulatory streamlining. We believe these are the three pillars needed to unleash private sector-led growth. The Asia-Pacific offers tremendous opportunities for investment in infrastructure, energy, advanced technologies, and financial services. We also discussed the U.S. international economic agenda and financial services issues, including digital assets.

During the APEC finance ministers meeting in Hong Kong, I met with Jason Allford, First Assistant Secretary for International Economics and Security at the Australian Treasury. I congratulated him on his new role and discussed bilateral economic issues, critical minerals, and economic security. I also thanked Australia for co-chairing the G20 Imbalances Working Group during the U.S. G20 host year.

During the APEC finance ministers meeting in Hong Kong, I met with Singapore’s Minister for Transport and Second Minister for Finance, Jeffrey Siow. We discussed priorities for continued Treasury–Ministry of Finance engagement and reaffirmed U.S.–Singapore cooperation in APEC and the ASEAN finance track. I welcomed his perspectives on Singapore’s 2027 priorities and assessment of the global, regional, and Singapore economic outlooks, including the durability of SI-led growth.

During the APEC finance ministers meeting in Hong Kong, I met with Secretary to the Treasury of New Zealand Ian Rennie. We discussed international trade priorities and practical U.S.–New Zealand cooperation in the Pacific. I thanked New Zealand for its close collaboration on regional issues and highlighted Treasury’s increased focus on supporting the economic resilience of Pacific Island countries.

During the APEC finance ministers meeting in Hong Kong, I met with Viet Nam’s Minister of Finance, Ngo Van Tuan. I welcomed his views on Viet Nam’s economy, policy direction, and growing role in global supply chains. We look forward to working with Viet Nam as the APEC host in 2027 and appreciate Minister Tuan sharing his priorities, including mobilizing financial resources and expanding access to capital for economic development.

On the sidelines of the IMF World Bank Annual Meetings in Bangkok, I had the opportunity to meet with European Commission Director-General for Economic and Financial Affairs Maarten Verwey to discuss the U.S. and EU economic outlooks and shared economic priorities. We exchanged views on global economic developments, economic security, and opportunities to deepen transatlantic cooperation, including strengthening critical minerals supply chains.

Today, I joined Deputy Secretary Francis Brooke and Federal Reserve Chair Kevin Warsh for a productive meeting with Korean Deputy Prime Minister and Minister of Finance and Economy Lee Hyung-il and Bank of Korea Governor Hyun Song Shin. Our four institutions exchanged views on economic and financial conditions in both countries and discussed opportunities to further strengthen U.S.-Korea economic and financial cooperation.

Very productive meeting with Minister @LuisCaputoAR in Bangkok during the IMF–World Bank Annual Meetings. The U.S.–Argentina partnership is strong, and we are committed to deepening our economic ties to advance stability, growth, and prosperity across our hemisphere.

Under President Trump’s leadership, Treasury is relentlessly targeting the financial networks that fuel drug trafficking and narco-terrorism. Our latest sanctions against the Sinaloa Cartel target 21 individuals and 25 entities, including cartel leaders, money launderers, and corrupt officials who enable these criminal operations. We are following the money, exposing illicit financial networks, and cutting off the economic lifelines that allow cartels to operate. There will be nowhere for these narco-terrorists or their money to hide. I joined @OANN to discuss Treasury’s efforts to dismantle these networks and protect Americans.

Honored and proud to serve alongside Treasury Secretary Bessent and support President Trump’s economic agenda. Under their leadership, we are strengthening the U.S. economy, advancing America’s economic security, building a more prosperous and resilient future for the American people, and ensuring the United States continues to compete, lead, and win on the world stage. It is the privilege of a lifetime to serve on this team and help advance this important mission.

.@POTUS @realDonaldTrump’s Operation Economic Outcast has moved from maximum pressure to absolute isolation. The @USTreasury will continue to cut off those who finance terror, launder money, or help Iran evade sanctions from the U.S. financial system.

It is an honor to serve as Under Secretary for International Affairs at @USTreasury. Under @POTUS' and @SecScottBessent’s leadership, we are realigning the United States’ international economic agenda to put America’s economic and national security interests first and deliver greater prosperity for American workers, farmers, and manufacturers. That means advancing fairness and reciprocity in the global trading system, reinforcing the U.S. dollar’s central role in economic and geopolitical leadership, and deploying the full strength of our economic tools to advance U.S. national security.