Bureau of Economic and Business Affairs

Last updated
Bureau of Economic and Business Affairs
US Department of State official seal.svg
Seal of the United States Department of State
Bureau overview
Jurisdiction Executive branch of the United States
Headquarters Harry S. Truman Building, Washington, D.C., United States
Employees222 (as of 2014) [1]
Annual budget$12.8 million (FY 2013) [1]
Bureau executives
Parent department U.S. Department of State
Website Official Website

The Bureau of Economic and Business Affairs (EB) is a bureau of the U.S. Department of State charged with promoting economic security and prosperity at home and abroad. It reports to the Under Secretary of State for Economic Growth, Energy, and the Environment. The Bureau's work lies at the nexus of economic prosperity and national security. In addition, EB also addresses a range of economic issues including intellectual property rights, piracy, and counterfeiting. [2] As the single point where international economic policy tools and threads converge, EB helps to promote a coherent economic policy across the U.S. government. [3] Since January 24, 2022 it has been headed by Ramin Toloui.[ citation needed ]

Contents

Organization

The Bureau of Economic and Business Affairs consists of the following divisions: [1] [3] [4]

Related Research Articles

United States Department of State Executive department of the U.S. federal government

The United States Department of State (DOS), or State Department, is an executive department of the U.S. federal government responsible for the nation's foreign policy and international relations. Equivalent to the ministry of foreign affairs of other nations, its primary duties are advising the U.S. president, administering diplomatic missions, negotiating international treaties and agreements, and representing the U.S. at the United Nations. The department is headquartered in the Harry S Truman Building, a few blocks from the White House, in the Foggy Bottom neighborhood of Washington, D.C.; "Foggy Bottom" is thus sometimes used as a metonym.

United States Secretary of the Treasury Head of the United States Department of the Treasury

The United States secretary of the treasury is the head of the United States Department of the Treasury, and is the chief financial officer of the federal government of the United States. The secretary of the treasury serves as the principal advisor to the president of the United States on all matters pertaining to economic and fiscal policy. The secretary is a statutory member of the Cabinet of the United States, and is fifth in the presidential line of succession.

United States Department of the Treasury United States federal executive department

The Department of the Treasury (USDT) is the national treasury and finance department of the federal government of the United States, where it serves as an executive department. The department oversees the Bureau of Engraving and Printing and the U.S. Mint. These two agencies are responsible for printing all paper currency and coins, while the treasury executes its circulation in the domestic fiscal system. The USDT collects all federal taxes through the Internal Revenue Service; manages U.S. government debt instruments; licenses and supervises banks and thrift institutions; and advises the legislative and executive branches on matters of fiscal policy. The department is administered by the secretary of the treasury, who is a member of the Cabinet. The treasurer of the United States has limited statutory duties, but advises the Secretary on various matters such as coinage and currency production. Signatures of both officials appear on all Federal Reserve notes.

Foreign, Commonwealth and Development Office Ministry of Foreign Affairs of the United Kingdom

The Foreign, Commonwealth & Development Office (FCDO) is a department of the Government of the United Kingdom. It was created on 2 September 2020 through the merger of the Foreign & Commonwealth Office (FCO) and the Department for International Development (DFID). The FCO, itself created in 1968 by the merger of the Foreign Office (FO) and the Commonwealth Office, was responsible for protecting and promoting British interests worldwide.

United States Department of Commerce Executive department of the U.S. Federal Government

The United States Department of Commerce is an executive department of the U.S. federal government concerned with creating the conditions for economic growth and opportunity. Among its tasks are gathering economic and demographic data for business and government decision making, and helping to set industrial standards. Its main purpose is to create jobs, promote economic growth, encourage sustainable development and block harmful trade practices of other nations. It is headed by the Secretary of Commerce, who reports directly to the President of the United States and is a member of the president's Cabinet. The Department of Commerce is headquartered in the Herbert C. Hoover Building in Washington, DC.

United States Department of the Interior Cabinet level department of the United States federal government

The United States Department of the Interior (DOI) is one of the executive departments of the U.S. federal government. It is responsible for the management and conservation of most federal lands and natural resources, and the administration of programs relating to Native Americans, Alaska Natives, Native Hawaiians, territorial affairs, and insular areas of the United States, as well as programs related to historic preservation. About 75% of federal public land is managed by the department, with most of the remainder managed by the Department of Agriculture's Forest Service. The department was created on March 3, 1849.

United States Agency for International Development United States government civilian foreign aid agency

The United States Agency for International Development (USAID) is an independent agency of the U.S. federal government that is primarily responsible for administering civilian foreign aid and development assistance. With a budget of over $27 billion, USAID is one of the largest official aid agencies in the world and accounts for more than half of all U.S. foreign assistance—the highest in the world in absolute dollar terms.

Robert Zoellick 11th President of the World Bank Group

Robert Bruce Zoellick is an American public official and lawyer who was the eleventh president of the World Bank, a position he held from July 1, 2007 to June 30, 2012. He was previously a managing director of Goldman Sachs, United States Deputy Secretary of State and U.S. Trade Representative, from February 7, 2001 until February 22, 2005. Zoellick has been a senior fellow at Harvard's Belfer Center for Science and International Affairs since ending his term with the World Bank. He is currently a Senior Counselor at Brunswick Group.

Bureau of European and Eurasian Affairs U.S. State Department division

In the United States Government, the Bureau of European and Eurasian Affairs (EUR) is part of the United States Department of State, charged with implementing U.S. foreign policy and promoting U.S. interests in Europe and Eurasia, as well as advising the Under Secretary of State for Political Affairs. It is headed by the Assistant Secretary of State for European and Eurasian Affairs.

Under Secretary of State for Economic Growth, Energy, and the Environment U.S. government position

The Under Secretary for Economic Growth, Energy, and the Environment is an undersecretary position within the United States Department of State. The Under Secretary for Economic Growth, Energy, and the Environment serves as senior economic advisor at the State Department and advises the Secretary of State on international economic policy and is often referred to as the senior economic diplomat of the United States. The Under Secretary also leads the work of the Department on trade, agriculture, aviation, and bilateral trade relations with America's economic partners.

Bureau of Democracy, Human Rights, and Labor Bureau within the United States Department of State

The Bureau of Democracy, Human Rights and Labor Affairs (DRL) is a bureau within the United States Department of State. The bureau is under the purview of the Under Secretary of State for Civilian Security, Democracy, and Human Rights.

Bureau of International Security and Nonproliferation U.S. State Department division

The Bureau of International Security and Nonproliferation (ISN) is a bureau within the United States Department of State responsible for managing a broad range of nonproliferation and counterproliferation functions. The bureau leads U.S. efforts to prevent the spread of weapons of mass destruction and their delivery systems.

The United States EB-5 visa, employment-based fifth preference category or EB-5 Immigrant Investor Visa Program, created in 1990 by the Immigration Act of 1990, provides a method for eligible Immigrant Investors to become lawful permanent residents—informally known as "green card" holders—by investing substantial capital to finance a business in the United States that will employ at least 10 American workers. The current investment amount is controversial as USCIS has not updated their website nor issued guidance in light of a federal judge, in June 2021, striking down the 2019 EB-5 “modernization” regulation. The judge found the 2019 regulation which increased the investment threshold from $500,000 to $900,000 invalid as it was enacted by government officials not properly appointed to their post in violation of the 1998 Federal Vacancies Reform Act (FVRA).

The U.S.–China Strategic and Economic Dialogue (S&ED) is a high-level dialogue for the United States and China to discuss a wide range of regional and global strategic and economic issues between both countries. The establishment of the S&ED was announced on April 1, 2009 by U.S. President Barack Obama and Chinese President Hu Jintao. The upgraded mechanism replaced the former Senior Dialogue and Strategic Economic Dialogue started under the George W. Bush administration. The format is such that high-level representatives of both countries and their delegations will meet annually at capitals alternating between the two countries.

Earl Anthony Wayne American diplomat

Earl Anthony Wayne is an American diplomat. Formerly Assistant Secretary of State for Economic and Business Affairs, Ambassador to Argentina and Deputy Ambassador to Afghanistan, Wayne served nearly four years as Ambassador to Mexico. He was nominated by President Obama and confirmed by the Senate in August, 2011. He departed Mexico City for Washington July 31, 2015 and retired from the State Department on September 30, 2015. Wayne attained the highest rank in the U.S. diplomatic service: Career Ambassador. He is currently a Diplomat in Residence at American University's School of International Service and works with the Woodrow Wilson International Center for Scholars, the Atlantic Council, the Center for Strategic and International Studies, and as an independent consultant, speaker and writer. Wayne worked as an adviser for HSBC Latin America on improving management of financial crime risk from 2015 until 2019 and with the American Foreign Service Association from 2017 to 2019.

Foreign trade of the United States Overview of foreign trade in the United States of America

Foreign trade of the United States comprises the international imports and exports of the United States. The country is among the top three global importers and exporters.

Arctic policy of the United States

The Arctic policy of the United States is the foreign policy of the United States in regard to the Arctic region. In addition, the United States' domestic policy toward Alaska is part of its Arctic policy.

National Museum of American Diplomacy Public museum in Washington, D.C.

The National Museum of American Diplomacy (NMAD) is the first museum in the United States dedicated to telling the stories of American diplomacy. It's mission is to inspire discovery of how American diplomacy shapes the nation's prosperity and security.

Bureau of Energy Resources Bureau of the United States Department of State

The Bureau of Energy Resources (ENR) is an agency in the United States Department of State that coordinates the department's efforts in promoting international energy security. Under the purview of the Under Secretary of State for Economic Growth, Energy, and the Environment. the Bureau of Energy Resources' current head is Acting Assistant Secretary Harry R. Kaiman.

References

  1. 1 2 3 "Inspection of the Bureau of Economic and Business Affairs" (PDF). Inspector General of the Department of State. February 2014. Archived from the original (PDF) on June 1, 2018. Retrieved April 1, 2016.
  2. "Bureau of Economic and Business Affairs". AllGov. Retrieved April 1, 2016.
  3. 1 2 United States Department of State
  4. "1 FAM 420 Bureau of Economic and Business Affairs". Foreign Affairs Manual . February 5, 2015. Retrieved April 1, 2016.