WASHINGTON – Today, U.S. Treasury Secretary Steven T. Mnuchin hosted a discussion with Finance Ministers and Central Bank Governors from Canada, France, Germany, Italy, Japan, the United Kingdom, the European Commission, and the Eurogroup. The heads of the IMF, World Bank, and Financial Stability Board also joined the discussion. This is the 12th G7 meeting […]
Monthly Archives: December 2020
Statement by the Acting Comptroller of the Currency Regarding Issuance of FSOC’s 2020 Annual Report
News Release 2020-167 | December 3, 2020 Share This Page: WASHINGTON—Acting Comptroller of the Currency Brian P. Brooks made the following statement today at the meeting of the Financial Stability Oversight Council (FSOC) with respect to the issuance of FSOC’s 2020 annual report: I support issuance of the FSOC’s annual report and the recommendations set forth […]
Project REACh Pledge Released to Promote Vitality of Minority Depository Institutions
WASHINGTON—The Office of the Comptroller of the Currency today announced the release of the Project REACh Minority Depository Institution (MDI) Pledge. In doing so, Acting Comptroller of the Currency Brian P. Brooks encouraged all large and midsize banks to consider the pledge to develop meaningful partnerships with MDIs to help them remain a vibrant part […]
Readout of Financial Stability Oversight Council Meeting
Washington – U.S. Treasury Secretary Steven T. Mnuchin today convened a meeting of the Financial Stability Oversight Council (Council) in open session by telephone. During the meeting, the Council received a presentation on the Council’s 2020 annual report. The Council voted unanimously to approve the annual report and the minutes of its previous meeting […]
Treasury Designates Entity Subordinate to Iran’s Military Firm
WASHINGTON – Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated Shahid Meisami Group and its director. Shahid Meisami Group is involved in Iran’s chemical weapons research and is subordinate to the Iranian Organization of Defensive Innovation and Research, also known as SPND. The United States designated SPND in 2014 […]
Peloton Interactive, Inc. Announces Participation in the Barclays Global Technology, Media and Telecommunications Conference
NEW YORK, Dec. 02, 2020 (GLOBE NEWSWIRE) — Peloton Interactive, Inc. (Nasdaq: PTON) today announced that the Company will be participating in the Barclays Global Technology, Media and Telecommunications Conference on Thursday, December 10, 2020, at 9:30 AM ET. Attending for Peloton will be Jill Woodworth, Chief Financial Officer. The audio portion of the presentation […]
OCC Announces Several New Executives
News Release 2020-165 | December 2, 2020 Share This Page: WASHINGTON—The Office of the Comptroller of the Currency (OCC) today announced several executive assignments supporting its core mission of bank supervision. Karen Boehler will become the Deputy Comptroller of the Western District upon the retirement of Kay Kowitt. In this role, she will oversee a team […]
Treasury Sanctions Close Associate of Notorious Drug Trafficker Rafael Caro Quintero
Murderous Mexican drug lord remains a fugitive WASHINGTON – Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated Mexican national Lucio Rodriguez Serrano (“Rodriguez Serrano”) as a Specially Designated Narcotics Trafficker pursuant to the Foreign Narcotics Kingpin Designation Act (Kingpin Act). Rodriguez Serrano engages in various activities on behalf of […]
OCC Releases CRA Evaluations for 39 National Banks and Federal Savings Associations
News Release 2020-164 | December 1, 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 November 1, 2020 through November 30, 2020. The list contains only national banks, federal savings associations, and insured federal […]
OCC Reduces 2021 Assessments on National Banks and Federal Savings Associations
News Release 2020-163 | December 1, 2020 Share This Page: WASHINGTON—The Office of the Comptroller of the Currency (OCC) is reducing the rates in all Fee Schedules by 3 percent for the 2021 calendar year. The 2021 reduction is in addition to the 10 percent reduction to all Fee Schedules in 2020 and to the General […]