Federal Banking Agencies Announce Availability of 2019 Small Business, Small Farm, and Community Development Lending Data

News Release 2020-169 | December 14, 2020 Share This Page: Joint Release Board of Governors of the Federal Reserve SystemFederal Deposit Insurance CorporationOffice of the Comptroller of the Currency The three federal banking agency members of the Federal Financial Institutions Examination Council (FFIEC) with Community Reinvestment Act (CRA) responsibilities today announced the availability of data on […]

Statement from Secretary Steven T. Mnuchin on Sudan

WASHINGTON – U.S. Treasury Secretary Steven T. Mnuchin issued the following statement on the rescission of Sudan’s State Sponsor of Terrorism designation:  “The rescission of Sudan from the State Sponsor of Terrorism list today opens a new chapter in relations between the United States and Sudan.  We commend the efforts of Prime Minister Abdalla Hamdok’s […]

Treasury Sanctions Senior Iranian Intelligence Officers Involved in the Abduction and Detention of Robert Levinson

WASHINGTON – Today, the U.S. Department of the Treasury designated two senior officials of Iran’s Ministry of Intelligence and Security (MOIS), who were involved in the abduction of Robert A. “Bob” Levinson on Iran’s Kish Island on or about March 9, 2007. For 13 years, the Iranian government, which continues to take foreigners and dual-nationals […]

Statement of Secretary Steven T. Mnuchin Department of the Treasury Before the Congressional Oversight Commission U.S. Congress December 10, 2020

Senator Toomey, Representative Hill, Representative Shalala, and Commissioner Ramamurti, I am pleased to join you today to discuss the Department of the Treasury’s work to execute the National Security Loan Program established in the CARES Act. Treasury has worked diligently to implement every piece of the CARES Act, including the National Security Loan Program, efficiently […]

Treasury Sanctions Serious Human Rights Abusers on International Human Rights Day

Designations target human rights abusers in Haiti, Yemen, and Russia  WASHINGTON– Today, on International Human Rights Day, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is targeting perpetrators of serious human rights abuse across several countries in the Western Hemisphere, Middle East, and Eurasia. Today’s actions are taken pursuant to Executive […]

Peloton Grows Plano Campus By More Than 100,000 Square Feet

PLANO, Texas, Dec. 9, 2020 /PRNewswire/ — Peloton (NASDAQ:PTON), the leading interactive fitness platform, today announced it is adding 103,750 square feet of space to its Peloton Plano Campus. The additional space allows the company to significantly expand its current business presence and supports Peloton’s plans to bring up to 1,600 more jobs in a variety […]

Treasury Sanctions Corrupt Actors in Africa and Asia

Global Magnitsky designations target corrupt actors and their networks on International Anti-Corruption Day Washington – Today, on International Anti-Corruption Day, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is targeting corrupt actors and their networks across several countries in Africa and Asia. Today’s actions are taken pursuant to Executive Order (E.O.) […]

Treasury Sanctions Shipping Companies Transporting North Korean Coal

WASHINGTON – Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated six entities and identified four vessels related to the transport of North Korean coal. Such actions address the transportation and exportation of North Korean coal in violation of UN Security Council resolution (UNSCR) 2371 and underscore that entities within […]

Treasury Sanctions Iran’s Envoy in Yemen and University Facilitating Recruitment for Qods Force

Hasan Irlu has supported IRGC-QF efforts to equip and train the Houthis; Al-Mustafa International University is a recruiting ground for the IRGC-QF Washington – Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is designating Hasan Irlu, an official in Iran’s Islamic Revolutionary Guard Corps-Qods Force (IRGC-QF) and the Iranian regime’s […]

OCC Announces New Executive Committee Members

News Release 2020-168 | December 7, 2020 Share This Page: WASHINGTON—The Office of the Comptroller of the Currency (OCC) today announced the appointment of two executives to the agency’s Executive Committee. Sydney Menefee has been selected to fill the Senior Deputy Comptroller for Midsize and Community Bank Supervision on a permanent basis, and Greg Coleman will […]