Monthly Archives: November 2020

Good evening. It is my distinct honor to be here to commemorate the signing of the historic Abraham Accords. This landmark agreement between the United Arab Emirates and Israel, and Israel and the Kingdom of Bahrain marks the first step in over twenty-five years towards a more peaceful, secure, and prosperous Middle East. I am […]

Chairman Crapo, Ranking Member Brown, and members of the Committee, I am pleased to join you today to discuss the Department of the Treasury’s unprecedented response to support the American people throughout the coronavirus pandemic. We continue to work to implement the historic CARES Act with speed, efficiency, and transparency, but our job will not […]

WASHINGTON – U.S. Treasury Secretary Steven T. Mnuchin sent a letter to Chairman of the Federal Reserve Board of Governors Jerome Powell approving the extension of four of its credit facilities until March 31, 2021.  The extensions apply to the Commercial Paper Funding Facility and Money Market Mutual Fund Liquidity Facility, to which Treasury has […]

WASHINGTON – Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated CEIEC for supporting the illegitimate Maduro regime’s efforts to undermine democracy in Venezuela, including its efforts to restrict internet service and conduct digital surveillance and cyber operations against political opponents. Chinese technology companies, including CEIEC, continue to challenge democratic […]

Washington – Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) took action against Mohamed al-Kani (al-Kani) and the Kaniyat militia, which is responsible for the murder of civilians recently discovered in numerous mass graves in Tarhouna, as well as torture, forced disappearances, and displacement of civilians. Al-Kani and the Kaniyat […]