WASHINGTON — U.S. Secretary of the Treasury Janet L. Yellen met today with the Board of the Directors of the National Retail Federation to discuss the state of the American economy, including the Biden-Harris Administration’s work to get inflation under control without sacrificing the strong economic and job gains that have been made. The Secretary […]
Category Archives: U.S. Treasury
OCC Hosts Mutual Savings Association Advisory Committee Meeting June 27
News Release 2022-67 | June 10, 2022 Share This Page: WASHINGTON—The Office of the Comptroller of the Currency (OCC) today announced it will host a public meeting of the Mutual Savings Association Advisory Committee (MSAAC) on Monday, June 27, 2022. The meeting, which will be hosted in person and virtually, is open to the public and […]
Remarks by Deputy Secretary of the Treasury Wally Adeyemo at Consensus 2022
As Prepared for Delivery Thank you so much, it’s great to be here with you in Austin. I especially want to thank CoinDesk for inviting me here today to discuss how the Treasury Department is approaching the digital assets landscape, and the role of regulation in promoting the kind of innovation we need to maintain […]
Acting Comptroller Discusses Importance of CDFIs, MDIs
News Release 2022-66 | June 9, 2022 Share This Page: WASHINGTON — Acting Comptroller of the Currency Michael J. Hsu today discussed the importance of community development financial institutions (CDFI) and minority depository institutions (MDI) at the 2022 Community Development Bankers Association Peer Forum. In his remarks, the Acting Comptroller highlighted initiatives to revitalize MDIs and […]
Testimony of Secretary of the Treasury Janet L. Yellen Before the Committee on Ways and Means, U.S. House of Representatives
As Prepared for Delivery Chair Neal, Ranking Member Brady, thank you for inviting me to discuss the Administration’s budget proposals. This budget prioritizes essential investments in education, medical care, and affordable housing, alongside tax reforms that enable deficit reduction and prioritize a fairer tax system. Over the past year and a half, we have experienced […]
READOUT: U.S. Department of the Treasury and the Office of the U.S. Special Presidential Envoy for Climate (SPEC) Host Discussion on Enhancing the Impact of Net-Zero Finance Commitments
WASHINGTON—Yesterday, the U.S. Department of the Treasury and the Office of the U.S. Special Presidential Envoy for Climate (SPEC) hosted an informal discussion among organizations engaged in work on financial sector net-zero commitments. Climate Counselor to Treasury Secretary Janet L. Yellen, John Morton, and officials from Treasury’s Offices of International Affairs and Domestic Finance; SPEC […]
Testimony of Secretary of the Treasury Janet L. Yellen Before the Committee on Finance, U.S. Senate
As Prepared for Delivery Chairman Wyden, Ranking Member Crapo, thank you for inviting me to discuss the Administration’s budget proposals. This budget prioritizes essential investments in education, medical care, and affordable housing, alongside tax reforms that enable deficit reduction and prioritize a fairer tax system. Over the past year and a half, we have experienced […]
Treasury Announces First Capital Projects Fund Awards to Increase Access to Affordable, High-Speed Internet
Louisiana, New Hampshire, Virginia, and West Virginia are the first states to be approved to receive funds under the American Rescue Plan and will connect over 200,000 homes and businesses WASHINGTON — Today, the U.S. Department of the Treasury announced the first group of plans approved under the American Rescue Plan’s Coronavirus Capital Projects Fund […]
Treasury Designates Two Senior Officials in Bosnia and Herzegovina for Destabilizing Behavior
WASHINGTON — Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated two prominent officials in Bosnia and Herzegovina (BiH) pursuant to Executive Order (E.O.) 14033. This OFAC action, the third taken under E.O. 14033, targets Marinko Cavara, the Federation of Bosnia and Herzegovina President, and Alen Seranic, the Republika Srpska […]
Remarks by Under Secretary of the Treasury for Terrorism and Financial Intelligence Brian E. Nelson Marking the Fifth Anniversary of the Terrorist Financing Targeting Center (TFTC)
Today, Under Secretary of the Treasury for Terrorism and Financial Intelligence Brian E. Nelson delivered virtual remarks at the Terrorist Financing Targeting Center (TFTC) Five-Year Event in Riyadh, Saudi Arabia. This event marks the five-year anniversary of the TFTC, a multilateral body created to strengthen cooperation among seven countries – Bahrain, Kuwait, Oman, Qatar, Saudi […]