As Prepared for Delivery Thank you, Director Rosenberg. And good morning, my fellow citizens! I am honored to be the first to greet you with those words. It is a tremendous privilege for me to share this day with you. For all of you here, today is the culmination of a long road – a […]
Category Archives: U.S. Treasury
READOUT: Secretary of the Treasury Janet L. Yellen’s Virtual Meeting with Vice Premier of the People’s Republic of China (PRC) Liu He
WASHINGTON — Secretary of the Treasury Janet L. Yellen today held a virtual meeting with Vice Premier of the People’s Republic of China (PRC) Liu He as part of the Administration’s ongoing efforts to maintain open lines of communication. During the candid and substantive conversation, they discussed macroeconomic and financial developments in the United States […]
Joint Statement on the U.S.-UK Financial Innovation Partnership Meeting 29th June 2022
LONDON – U.S. and U.K. participants in the U.S.-UK Financial Innovation Partnership (FIP) met in London on Wednesday 29th June for a Regulatory Pillar meeting. In this third meeting of the Regulatory Pillar of the FIP, participants gathered to exchange views on topics of mutual interest in the U.S. and UK regarding crypto and digital […]
READOUT: Secretary of the Treasury Janet L. Yellen’s Call with Deputy Prime Minister and Minister of Economy and Finance of the Republic of Korea Choo Kyung-ho
WASHINGTON – Secretary of the Treasury Janet L. Yellen and Deputy Prime Minister and Minister of Economy and Finance of the Republic of Korea, Choo Kyung-ho, spoke today on issues of economic cooperation and national security. Secretary Yellen congratulated Deputy Prime Minister Choo on his appointment and pledged continued cooperation between the two ministries. The two […]
READOUT: Under Secretary Brian Nelson’s Visit to Japan
TOKYO — On June 29 – July 1, Under Secretary of the Treasury for Terrorism and Financial Intelligence Brian E. Nelson traveled to Tokyo, Japan to continue coordination with the close partner and ally on sanctions imposed on Russia for its war against Ukraine. They spoke extensively about the G7 leaders’ commitment toexplore a price […]
OCC Hosts Compliance and Operational Risk Workshops in St. Louis
News Release 2022-78 | June 30, 2022 Share This Page: WASHINGTON — The Office of the Comptroller of the Currency (OCC) will host two workshops July 26-27 in St. Louis for directors of community banks and federal savings associations supervised by the OCC. The Compliance Risk: What Directors Need to Know workshop on July 26 is […]
READOUT: Secretary of the Treasury Janet L. Yellen’s Meeting with the President’s Working Group on Financial Markets, the OCC, FDIC and CFPB on Stablecoins
WASHINGTON — U.S. Secretary of the Treasury Janet L. Yellen convened principals representing the President’s Working Group on Financial Markets, in addition to the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation and the Consumer Financial Protection Bureau, today to discuss stablecoin risks and how legislation could contribute to the existing […]
READOUT: Secretary of the Treasury Janet L. Yellen’s Meeting with the Retail Industry Leaders Association
WASHINGTON — U.S. Secretary of the Treasury Janet L. Yellen met today with CEOs representing member companies of the Retail Industry Leaders Association to discuss the state of the American economy, including the rapid recovery and strategies to combat inflation. Secretary Yellen highlighted the strength of the economy in the wake of COVID-19 pandemic, including […]
Statement by Secretary of the Treasury Janet L. Yellen on World Bank Approval of Pandemic Prevention Fund
WASHINGTON — Today, the World Bank Executive Board approved a new Financial Intermediary Fund (FIF) for Pandemic Prevention, Preparedness and Response. This important financing vehicle will provide dedicated funding to close gaps in pandemic preparedness that have been brought into stark relief by our collective experiences during the COVID pandemic. “The approval of a pandemic prevention fund by the World Bank is a major […]
READOUT: Deputy Secretary of the Treasury Wally Adeyemo’s Roundtable with Homeowner Assistance Fund Servicers
WASHINGTON – Today, Deputy Secretary of the Treasury Wally Adeyemo and Deputy Secretary of Housing and Urban Development (HUD) Adrianne Todman convened a roundtable with mortgage servicers to discuss best practices for coordinating with state-run programs funded by the American Rescue Plan’s Homeowner Assistance Fund (HAF). HAF provides close to $10 billion in financial support […]