Category Archives: U.S. Treasury

31th Annual Meeting of the Board of GovernorsEuropean Bank for Reconstruction and Development May 12, 2022 On behalf of the United States, I would like to thank the people and government of Morocco for their warm hospitality in hosting these meetings.  We are pleased that we are once again able to come together in person, […]

WASHINGTON – U.S. Undersecretary of the Treasury for Domestic Finance Nellie Liang made the following remarks during a panel discussion at the Federal Reserve Bank of Atlanta’s Financial Markets Conference. As Prepared for Delivery Thank you for the invitation to moderate this opening panel on “Which CBDC, if any, is right for the United States?”. […]

As Prepared for Delivery I am deeply honored to present the Distinguished Leadership Award to my friend and long-time colleague, a gifted economist and a tireless civil servant—the Prime Minister of Italy, Mario Draghi. I really got to know Mario over dozens of dinners at the Bank for International Settlements during the time that he […]

WASHINGTON — Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated a network of five Islamic State of Iraq and Syria (ISIS) financial facilitators operating across Indonesia, Syria, and Turkey. The five individuals, who are designated today pursuant to Executive Order (E.O.) 13224, as amended, have played a key role […]

Designations Include Financial Executives, Weapons Manufacturer, and State-Controlled Television Stations New Prohibitions Ban Services Critical to Russia’s Wartime Effort WASHINGTON – Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated individuals and entities critical to Russia’s ability to wage war against Ukraine. These include the board members of two of […]

Additional Lazarus Group Virtual Wallet Addresses Identified WASHINGTON – Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned virtual currency mixer Blender.io (Blender), which is used by the Democratic People’s Republic of Korea (DPRK) to support its malicious cyber activities and money-laundering of stolen virtual currency. On March 23, 2022, […]

WASHINGTON — The Secretaries of Treasury Janet L. Yellen, Housing and Urban Development Marcia L. Fudge, Veterans Affairs Denis McDonough, and Agriculture Tom Vilsack are calling on servicers of federally backed mortgages to make every effort to ensure no individual or family unduly experiences unnecessary hardship or foreclosure while assistance is available under the Homeowner […]