A group of affiliate marketers who lured consumers into a business coaching and investment scheme known as My Online Business Education (MOBE) will surrender millions of dollars in assets to settle Federal Trade Commission charges. According to complaints filed by the FTC, the defendants made millions of dollars in commissions by enticing thousands of consumers […]
Monthly Archives: March 2020
Marketers of Pain Relief Device Settle FTC False Advertising Complaint
Under a settlement with the Federal Trade Commission, the marketers of an electrical nerve stimulation device called Quell have agreed to pay at least $4 million and stop making deceptive claims that the device treats pain throughout the body when placed below the knee and is clinically proven and cleared by the Food and Drug […]
Statement of Secretary Steven T. Mnuchin Before the U.S. House Appropriations Subcommittee on Financial Services and General Government
Chairman Quigley, Ranking Member Graves, and members of the Subcommittee, I am pleased to be with you today to discuss the President’s Fiscal Year (FY) 2021 Budget and the Treasury Department’s top priorities. I first want to note that the Administration is closely monitoring the coronavirus and its effects on public health, as well as […]
OCC Releases CRA Evaluations for 19 National Banks and Federal Savings Associations
News Release 2020-25 | March 3, 2020 Share This Page: WASHINGTON — The Office of the Comptroller of the Currency (OCC) today released a list of Community Reinvestment Act (CRA) performance evaluations that became public during the period of February 1, 2020 through February 29, 2020. The list contains only national banks, federal savings associations, and […]
Comptroller of the Currency Marks the 155th Anniversary of the Freedman’s Savings and Trust Company
News Release 2020-24 | March 3, 2020 Share This Page: WASHINGTON—Comptroller of the Currency Joseph M. Otting today joined Secretary of the Treasury Steven T. Mnuchin and other federal officials to commemorate the 155th anniversary of the Freedman’s Savings and Trust Company’s charter. The Freedman’s Savings and Trust Company, commonly referred to as the Freedman’s Bank, […]
Remarks by Acting Assistant Secretary for International Markets Mitchell A. Silk at the Fourth Annual Conference on Fintech and Digital Innovation
As prepared for delivery: March 3, 2020 Brussels, Belgium The Importance of Financial Innovation to Economic Growth and Financial Stability Thank you to Nick and Afore for putting together today’s impressive program. It is so great to see many old friends and also to spend time with many of you who are quickly becoming new […]
TSX Delisting Review – Bri-Chem Corp (BRY)
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Tax Time Guide: Check out these free tax return preparation options
IRS YouTube Videos: IR-2020-47, March 3, 2020 WASHINGTON — The Internal Revenue Service reminds taxpayers that free tax help is available in-person at nearly 11,000 volunteer sites nationwide and online through IRS Free File. This news release is part of a series called the Tax Time Guide, a resource to help taxpayers file an accurate […]
Statement of G7 Finance Ministers and Central Bank Governors
U.S. Treasury Secretary Steven T. Mnuchin and Federal Reserve Chair Jerome H. Powell led a call with the G7 Finance Ministers and Central Bank Governors to discuss the coronavirus disease 2019. At the conclusion of their meeting, they issued the following joint statement: Washington – “We, G7 Finance Ministers and Central Bank Governors, are closely […]
Statement of Secretary Steven T. Mnuchin Before the U.S. House Ways and Means Committee
Chairman Neal, Ranking Member Brady, and members of the Committee, I am pleased to be with you today to discuss the President’s Fiscal Year (FY) 2021 Budget and the Treasury Department’s top priorities. I first want to note that the Administration is closely monitoring the coronavirus and its effects on public health, as well as […]