OCC’s Minority Depository Institutions Advisory Committee Charter Renewed

News Release 2022-85 | July 19, 2022 Share This Page: WASHINGTON — The Office of the Comptroller of the Currency (OCC) has renewed the charter of its Minority Depository Institutions Advisory Committee (MDIAC), which assists the OCC in assessing the needs and challenges facing minority depository institutions. “The OCC places great importance on the input we […]

READOUT: Secretary of the Treasury Janet L. Yellen’s Meeting with Republic of Korea President Yoon Suk Yeol

SEOUL — Today, Secretary Yellen met with Republic of Korea President Yoon Suk Yeol.  They affirmed the importance of the U.S.-Korea Alliance as essential for peace and prosperity in the Indo-Pacific region and beyond, and emphasized the close friendship between the two countries based on shared values and mutual respect.  Secretary Yellen and President Yoon discussed […]

Remarks by Secretary of the Treasury Janet L. Yellen at LG Sciencepark

As Prepared for Delivery Thank you for the opportunity to tour the Science Park today and get a first-hand view of the work and innovation that companies like LG are doing here. Facilities such as these testify to the dynamism of the Korean economy.  The ingenuity and industriousness seen here help explain how Korea has […]

READOUT: Secretary of the Treasury Janet L. Yellen’s Meeting with Women Entrepreneurs in Seoul

SEOUL — Today, Secretary of the Treasury Janet L. Yellen hosted a roundtable discussion in Seoul, Republic of Korea, with women entrepreneurs and business leaders.  The participants discussed the Korean economy and opportunities to increase the representation of women in leadership positions.  The Secretary underscored that economies are stronger when they are built on dynamic and […]

Remarks by Secretary of the Treasury Janet L. Yellen at Bilateral Meeting with Deputy Prime Minister and Minister of Economy and Finance of the Republic of Korea Choo Kyung-ho

As Prepared for Delivery Thank you very much Deputy Prime Minister Choo for welcoming me on my first trip to the Republic of Korea as Treasury Secretary. The United States deeply values our close partnership with Korea. Korea is a longstanding ally and close friend to the United States. It is a flourishing democracy with […]

READOUT: Deputy Secretary of the Treasury Wally Adeyemo’s Meeting with Prime Minister Natalia Gavrilița of Moldova

WASHINGTON — Today, Deputy Secretary of the Treasury Wally Adeyemo met with Prime Minister Natalia Gavrilița of Moldova to discuss global economic spillovers caused by Russia’s unprovoked and unjustified war against Ukraine—including higher energy prices—and the united international response to hold Putin accountable. They discussed external financing provided by donor countries and multilateral organizations to Moldova since the start of the war to help with spillovers of Putin’s brutal assault, including $130 million in economic assistance provided […]

Treasury Approves Nine Additional State Plans to Support Underserved Entrepreneurs and Small Business Growth Through the State Small Business Credit Initiative

Arizona, Connecticut, Indiana, Maine, New Hampshire, Pennsylvania, South Carolina, South Dakota, and Vermont are the latest state plans approved, bringing the total amount approved by Treasury for investments in small businesses to more than $1.5 billion across all approved state programs. WASHINGTON — Today, the U.S. Department of Treasury announced an additional group of nine […]

READOUT: Secretary of the Treasury Janet L. Yellen’s Meetings with Counterparts at the G20 Finance Ministers and Central Bank Governors Meeting

NUSA DUA – Secretary of the Treasury Janet L. Yellen met with several counterparts on the sidelines of the G20 Finance Ministers and Central Bank Governors Meeting; including Australia’s Treasurer Jim Chalmers, Saudi Arabia’s Minister of Finance Mohammed Al-Jadaan, Singapore’s Deputy Prime Minister and Minister for Finance Lawrence Wong, South Africa’s Minister of Finance Enoch Godongwana, and Turkey’s Minister of Treasury and Finance Nureddin Nebati.  In these conversations, Secretary […]

READOUT: Secretary of the Treasury Janet L. Yellen’s Meeting with Indonesian Finance Minister Sri Mulyani Indrawati

NUSA DUA – Secretary of the Treasury Janet L. Yellen met with Indonesian Finance Minister Sri Mulyani Indrawati on the sidelines of the G20 Finance Ministers and Central Bank Governors Meeting. Secretary Yellen expressed her appreciation for the difficult circumstances under which Indonesia has held the G20 Presidency, as Russia’s unprovoked war against Ukraine has created […]

Remarks by Secretary of the Treasury Janet L. Yellen at G20 High Level Seminar on Macroeconomic Policy Mix for Stability and Economic Recovery

As Prepared for Delivery Thank you, Minister Sri Mulyani, and thanks to your team for the tireless work you’ve undertaken to host the G20 in a year where we are facing an extremely challenging environment.  Just as the recovery from COVID-19 was taking hold, Russia’s unjustified war against Ukraine sent a shockwave through the global […]