Remarks by Secretary of the Treasury Janet L. Yellen During Visit to Rosebud Indian Reservation

As Prepared for Delivery Thank you very much for that introduction.  And President Herman, thank you for your generosity and hospitality. It’s great to be here. This is my first visit to Indian Country, and it’s meaningful to me to see first-hand the beauty of the Rosebud Reservation and to hear about your Tribe’s rich […]

Treasury Applauds Appointment of Chief Lynn Malerba as Treasurer of the United States

Chief Lynn Malerba will become the first Native American to serve as Treasurer of the United States and will lead the newly established Office of Tribal and Native Affairs. WASHINGTON – Today, ahead of Secretary of the Treasury Janet L. Yellen’s visit to the Rosebud Indian Reservation in South Dakota, President Joe Biden announced the […]

FACT SHEET: During Visit to Rosebud Indian Reservation, Secretary Yellen Highlights U.S. Treasury Department’s Historic Commitment to Tribal Nations

Recognizing the significant public health and economic impacts of the COVID-19 pandemic on Tribal communities, President Biden’s American Rescue Plan included over $30 billion for Tribal governments – the largest single one-time infusion of federal dollars into Indian Country to-date. The U.S. Treasury Department has played a pivotal role in administering these funds, including $20 […]

Transcript of Fireside Chat of U.S. Treasury Secretary Janet L. Yellen and Deputy Prime Minister and Minister of Finance Chrystia Freeland Hosted by Canada 2020

Moderator (Beata Caranci):  Thank you, Mayor Tory, for those very warm comments and it probably goes without saying that at least for me this is just an incredible honor to be sharing the stage with the Deputy Prime Minister as well as Secretary Yellen. And I hoped we cover a lot of lot of content. […]

Transcript of Joint Press Conference Between Secretary of the Treasury Janet L. Yellen and Canadian Deputy Prime Minister and Finance Minister Chrystia Freeland

Hon. Chrystia Freeland:  Okay, well thank you all for being here.   [Speaking French]: It is a huge pleasure to welcome my friend the secretary of treasury of the United States, Mrs. Janet Yellen, here in Toronto in my own jurisdiction for her first official visit in Canada. [ End of interpretation ]  This is a […]

Treasury Sanctions Nicaraguan State Mining Company

WASHINGTON — Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated the state-owned Nicaraguan mining company Empresa Nicaraguense de Minas (ENIMINAS) as well as one official of the Government of Nicaragua pursuant to Executive Order (E.O.) 13851. The Ortega-Murillo regime rigged last November’s Nicaraguan presidential election through the arbitrary imprisonment […]

U.S. Treasury Commends Unprecedented Censure of Russia by Financial Action Task Force

At June Plenary, FATF Takes Important Steps To Fight Corruption, Improve Transparency WASHINGTON – Today in Berlin, the Financial Action Task Force (FATF) concluded the last Plenary under the German presidency and produced policy recommendations to strengthen efforts to combat corruption and the misuse of virtual assets. The FATF again condemned the Russian war against […]

Treasury Targets International Sanctions Evasion Network Supporting Iranian Petrochemical Sales

WASHINGTON — Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned a network of Iranian petrochemical producers, as well as front companies in the People’s Republic of China (PRC) and the United Arab Emirates (UAE) that support Triliance Petrochemical Co. Ltd. (Triliance) and Iran’s Petrochemical Commercial Company (PCC), entities instrumental […]

READOUT: Secretary of the Treasury Janet L. Yellen’s Meeting with CEO Members of the Board of Directors of the Bank Policy Institute

WASHINGTON — U.S. Secretary of the Treasury Janet L. Yellen met today with CEO members of the board of directors of the Bank Policy Institute to discuss the global and domestic economic outlook, the Biden-Harris Administration’s work to address inflation, the Administration’s firm commitment to holding Russia accountable for its for its brutal and unprovoked war in […]

OCC Allows National Banks and Federal Savings Associations Affected by Flooding in Montana to Close

News Release 2022-68 | June 15, 2022 Share This Page: WASHINGTON—The Office of the Comptroller of the Currency (OCC) today issued a proclamation allowing national banks, federal savings associations, and federal branches and agencies of foreign banks to close offices in areas affected by flooding in Montana. In issuing the proclamation, the OCC expects that only […]