READOUT: Under Secretary of the Treasury Brian Nelson’s Visit to Angola

LUANDA — Under Secretary of the Treasury for Terrorism and Financial Intelligence Brian Nelson traveled to Luanda, Angola from March 13-15 to discuss ways to strengthen the bilateral partnership, encourage economic growth and attract American investors, and encourage further leadership in the fight against corruption in Angola, the region, and across the African continent.   While in Luanda, he met […]

Remarks by Secretary of the Treasury Janet L. Yellen on the Anniversary of the American Rescue Plan Act in Denver, Colorado

As prepared for delivery I want to extend my sincerest thanks to Mi Casa Resource Center for having us here today. I just spoke with participants in the small business and workforce programs and I am very impressed with their work. I want to thank Angeles Ortega, Mi Casa’s CEO for hosting us.  And my […]

Remarks by Secretary of the Treasury Janet L. Yellen at the Denver Mint

As prepared for delivery It’s a true pleasure to be here at the Denver Mint, and I’m excited to be able to spotlight this facility with the Second Gentleman. I also want to thank Deputy Director Gibson, who has been such an effective leader of the Mint through a challenging time.  Of course, it’s also […]

Treasury Targets Russian Individuals and Entities Supporting DPRK Weapons of Mass Destruction and Ballistic Missile Programs

WASHINGTON — The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) today sanctioned two individuals and three entities for supporting the DPRK’s ongoing development of its weapons of mass destruction (WMD) and ballistic missile programs in violation of multiple United Nations Security Council resolutions (UNSCRs). The DPRK has conducted 11 ballistic missile […]

Treasury Sanctions Kremlin Elites, Leaders, Oligarchs, and Family for Enabling Putin’s War Against Ukraine

Additional Guidance Issued to Prevent Sanctions Evasion and Implement New Executive Order WASHINGTON – Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued a new round of sanctions targeting Russian and Kremlin elites, oligarchs, and Russia’s political and national security leaders who have supported Russian President Vladimir Putin’s brutal and […]

In Pennsylvania, Deputy Secretary of the Treasury Wally Adeyemo Highlights Emergency Rental Assistance Programs with Governor Wolf and Philadelphia Mayor Kenney

WASHINGTON — U.S. Deputy Secretary of the Treasury Wally Adeyemo traveled to Philadelphia, Pennsylvania today as part of the U.S. Department of the Treasury’s tour of American Rescue Plan programs this week. The Deputy Secretary’s trip, which comes a year after the American Rescue Plan Act was signed by President Biden, included an event highlighting […]

Treasury and IRS Announce Aggressive Plan to End Pandemic Inventory Backlog This Year

Today, Deputy Secretary of the Treasury Wally Adeyemo and IRS Commissioner Charles P. Rettig traveled to the IRS Campus in Philadelphia where they thanked employees for their tireless efforts and outlined an aggressive plan that will end the pandemic backlog this year. “Since the pandemic began, IRS employees have been called on to go above […]

Statement by Secretary of the Treasury Janet L. Yellen on President Biden’s Executive Order on Digital Assets

WASHINGTON –  U.S. Secretary of the Treasury Janet L. Yellen released the following statement on President Biden’s executive order on digital assets.  “President Biden’s historic executive order calls for a coordinated and comprehensive approach to digital asset policy.  This approach will support responsible innovation that could result in substantial benefits for the nation, consumers, and […]

READOUT: Secretary of the Treasury Janet L. Yellen’s Meeting with Counterparts from Australia, Canada, New Zealand, and the United Kingdom

WASHINGTON –U.S. Treasury Secretary Janet L. Yellen spoke today with counterparts from the “Five Finance Ministries,” which includes Australia, Canada, New Zealand, and the United Kingdom.  Secretary Yellen affirmed the United States’ unwavering support for Ukraine’s sovereignty, and pledged to work with our partners to hold Russia accountable for its unprovoked and illegal invasion of […]

Remarks by Secretary of the Treasury Janet L. Yellen on White House Call with U.S. Mayors Marking the Anniversary of the American Rescue Plan

As prepared for delivery Thank you all for joining us. This is an important week. As you know, Friday marks the one-year anniversary of President Biden signing the American Rescue Plan into law. This bill has loosened the pandemic’s grip on our country in countless ways over the past year. Today, I wanted to take […]