MUSCAT — Under Secretary of the Treasury for Terrorism and Financial Intelligence Brian E. Nelson traveled to the Sultanate of Oman on January 29th to continue close coordination on countering illicit finance and other economic issues. Under Secretary Nelson met with government officials, including H.E. Sheikh Khalifa al Harthy, Foreign Ministry Under Secretary for Diplomatic […]
Category Archives: U.S. Treasury
Treasury Sanctions Three Fentanyl Traffickers Contributing to the U.S. Opioid Crisis
WASHINGTON – Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated the leader of a Mexico-based network and two associates pursuant to Executive Order (E.O.) 14059 for procuring precursor chemicals to manufacture and traffic illicit fentanyl and other synthetic drugs to the United States. Today’s action is the result of ongoing […]
Statement from Deputy Secretary of the Treasury Wally Adeyemo on Implementation of Strong Inflation Reduction Act Worker Protections
Today, Deputy Secretary Wally Adeyemo released the following statement on the Inflation Reduction Act’s strong labor protections’ going into effect: “The Biden-Harris Administration is committed to taking steps to make sure clean energy jobs are good-paying jobs and that American workers are ready to take on the opportunities created by the Inflation Reduction Act’s investments. […]
Media Advisory: Under Secretary Brian Nelson to Travel to Oman, United Arab Emirates, and Türkiye
WASHINGTON — Under Secretary of the Treasury for Terrorism and Financial Intelligence Brian E. Nelson will travel the week of January 29 to Muscat, Oman; Abu Dubai and Dubai, United Arab Emirates; and Ankara and Istanbul, Türkiye. At each stop, he will discuss Treasury’s efforts to crack down on Russian attempts to evade the international […]
Remarks by Secretary of the Treasury Janet L. Yellen at Lunch with Local and International Philanthropies on South Africa’s Just Energy Transition Partnership (JETP)
As Prepared for Delivery I want to start by thanking you and your organizations for being here today and for demonstrating your commitment to South Africa’s just energy transition toward renewable sources. An energy transition that is not just will simply not work. Equally important, however, is the imperative to seize the new opportunities that […]
Remarks by Secretary of the Treasury Janet L. Yellen to Press at Nkangala Technical and Vocational Education and Training College in Emalahleni, South Africa
As Prepared for Delivery I was pleased to have the opportunity to visit Mpumalanga Province today to see first-hand the difference that South Africa’s Just Energy Transition Partnership can make in advancing an energy transition in communities like this and ensuring the transition delivers on the “just” promise. The investments that our governments and the […]
Remarks by Secretary of the Treasury Janet L. Yellen at Roundtable with Nkangala Technical and Vocational Education and Training College in Emalahleni, South Africa
As Prepared for Delivery It is a pleasure to be here today in Emalahleni, “the place of coal,” in some ways the epicenter of South Africa’s Just Energy Transition. Thank you all for the opportunity to meet with you. I want to thank Premier Refilwe Mtweni-Tsipane and Executive Mayor Nomveliso Nyukwana for their leadership and […]
READOUT: Deputy Secretary Adeyemo Convenes Roundtable Discussion on How IRS Modernization Will Ensure a More Accessible IRS
WASHINGTON—Yesterday, U.S. Deputy Secretary of the Treasury Wally Adeyemo led a roundtable discussion with more than 20 key stakeholders on IRS efforts to use resources provided by the Inflation Reduction Act to upgrade service for all taxpayers, including underserved communities, this tax filing season and improve accessibility and tax fairness over the coming decade. During […]
Remarks by Secretary of the Treasury Janet L. Yellen at Ford Silverton Assembly Plant in Pretoria, South Africa
As Prepared for Delivery Thank you for that introduction. And thank you for having me here today at Ford. It’s great to be at an American business in South Africa. This factory is a strong example of how deepening economic integration between the U.S. and South Africa — and the continent more broadly — can […]
Treasury Sanctions Russian Proxy Wagner Group as a Transnational Criminal Organization
Sanctions Target Wagner’s Global Support Network, Russia’s Military Complex, Putin Cronies WASHINGTON — Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is taking additional actions to degrade the Russian Federation’s capacity to wage war against Ukraine by sanctioning six individuals and 12 entities. Today’s action, concurrent with additional sanctions actions […]