News Release 2022-44 | April 27, 2022 Share This Page: WASHINGTON—The Office of the Comptroller of the Currency (OCC) today announced its schedule of workshops for board directors of national community banks and federal savings associations for the second half of 2022. The OCC examiner-led workshops provide practical training and guidance to directors of national community […]
Category Archives: U.S. Treasury
Acting Comptroller Issues Statement on Standards for Stablecoins
News Release 2022-43 | April 27, 2022 Share This Page: WASHINGTON—Acting Comptroller of the Currency Michael J. Hsu issued the following statement after his appearance today at the Artificial Intelligence and the Economy: Charting a Path for Responsible and Inclusive AI symposium hosted by the U.S. Department of Commerce, National Institute of Standards and Technology (NIST), […]
Remarks by Secretary of the Treasury Janet L. Yellen on Economic Lessons and Principles in Relief and Recovery
WASHINGTON – Secretary of the Treasury Janet L. Yellen delivered remarks at the Brooking’s Hamilton and Hutchins Center event Recession Remedies: Lessons Learned from the US Economic Policy Response to COVID-19. As Prepared for Delivery I’d like to thank the Hamilton Project and the Hutchins Center for hosting this important conference. I am especially honored […]
READOUT: Secretary of the Treasury Janet L. Yellen’s Meeting with Indonesia Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan
WASHINGTON – U.S. Secretary of the Treasury Janet L. Yellen met yesterday with Indonesia Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan. They discussed the potential for an accelerated transition away from coal in Indonesia’s power sector as well as the potential for a Just Energy Transition Partnership (JETP), a model that aims to […]
READOUT: Secretary of the Treasury Janet L. Yellen’s Meeting with World Trade Organization Director-General Ngozi Okonjo-Iweala
WASHINGTON – On April 25, Secretary Yellen met with World Trade Organization Director-General Ngozi Okonjo-Iweala, where they discussed the global pandemic response, WTO reform, and prospects for the upcoming June WTO Ministerial. They also discussed supply chain risks, and trade implications of climate policies. They agreed on the importance of addressing food security issues raised by […]
Deputy Secretary of the Treasury Wally Adeyemo Highlights Orlando Job Training Programs Funded By The American Rescue Plan
WASHINGTON — Deputy Secretary of the Treasury Wally Adeyemo today visited local job training programs funded by President Biden’s American Rescue Plan (ARP) Act in Orlando, Florida. Amidst today’s strong labor market – with the unemployment rate well below 4 percent and a record high number of job openings – one of the most important […]
OCC Launches Discussion Series on Financial Health
News Release 2022-42 | April 22, 2022 Share This Page: WASHINGTON—The Office of the Comptroller of the Currency (OCC) today announced the launch of a discussion series to explore issues relating to the financial wellbeing of consumers. The Financial Health: Vital Signs series will feature discussions with Acting Comptroller of the Currency Michael J. Hsu and […]
Statement by U.S. Secretary of the Treasury Janet L. Yellen on the Financial Action Task Force Ministerial
WASHINGTON – Yesterday, Ministers representing the membership of the Financial Action Task Force (FATF) agreed on strategic priorities for the organization and to increase efforts to fight corruption. “We strongly encourage the FATF to pursue work on the misuse of citizenship by investment schemes and on financial enablers used by corrupt actors, as well as […]
READOUT: Under Secretary of the Treasury Brian Nelson’s Meeting with Democratic Republic of the Congo Finance Minister Nicolas Kazadi
WASHINGTION – Under Secretary of the Treasury for Terrorism and Financial Intelligence Brian Nelson met with Democratic Republic of the Congo Finance Minister Nicolas Kazadi today, following up on the Under Secretary’s trip to the DRC last month. They discussed continued work on AML/CFT reforms, including the draft law currently being considered in Parliament, additional […]
READOUT: Secretary of the Treasury Janet L. Yellen’s Meeting with UK Chancellor of the Exchequer Rishi Sunak
WASHINGTON – U.S. Secretary of the Treasury Janet L. Yellen met yesterday with UK Chancellor of the Exchequer Rishi Sunak. They discussed continued close coordination on the implementation and enforcement of sanctions in response to Russia’s unprovoked and brutal war on Ukraine. They also discussed investment screening and progress on global minimum tax implementation. They […]