PUNTA CANA – The United States hosted a meeting of the Finance Track of the Americas Partnership for Economic Prosperity on the sidelines of the Inter-American Development Bank (IDB) Annual Meetings in Punta Cana, Dominican Republic. The meeting was chaired by Treasury Assistant Secretary for International Trade and Development Alexia Latortue and Special Presidential Advisor […]
Category Archives: U.S. Treasury
U.S. Department of the Treasury and State Insurance Regulators Launch Coordinated Effort on Homeowners Insurance Data Collection to Assess the Effects of Climate Risk on U.S. Insurance Markets
FIO expects to begin receiving data this summer WASHINGTON – Today, the U.S. Department of the Treasury’s Federal Insurance Office (FIO) advanced its efforts to collect insurance data to better understand the impacts of climate-related financial risks on the insurance sector, by launching a first-of-its kind collaboration with state insurance regulators and the National […]
Treasury Sanctions Companies and Individuals Advancing Russian Malign Activities in Africa
WASHINGTON – Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned two companies – one in Russia and one in the Central African Republic (CAR) – for their efforts in advancing Russia’s malign activities in CAR. Today’s targets have played an important role enabling the Private Military Company ‘Wagner’ (Wagner Group) […]
Remarks by Secretary of the Treasury Janet L. Yellen Ahead of Bilateral Meeting with Vice Chancellor and Minister for Economic Affairs and Climate Action Robert Habeck of Germany
As Prepared for Delivery Vice Chancellor Habeck, thank you for joining me here at Treasury, to discuss areas of shared importance for the United States and Europe. Our conversation will be wide-ranging, but, in particular, I want to highlight our mutual work to help Ukraine defend itself against Russia’s brutal invasion. In addition to the EU’s […]
Treasury Targets Companies and Vessels Facilitating Qods Force and Houthi Commodity Shipments
WASHINGTON — Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) took additional action to target shipments of Iranian commodities undertaken by the network of Iran-based, Islamic Revolutionary Guard Corps-Qods Force (IRGC-QF)-backed Houthi financial facilitator Sa’id al-Jamal. Today’s action targets two Hong Kong- and Marshall Islands-based ship owners and two vessels for […]
READOUT: At Edison Electric Institute, Deputy Secretary of the Treasury Wally Adeyemo Discusses Investments in Small and Underserved Businesses and Communities As Clean Energy Economy Grows
WASHINGTON – Today, U.S. Deputy Secretary of the Treasury Wally Adeyemo joined energy industry leaders for a roundtable at the Edison Electric Institute’s quarterly Board of Directors meeting to discuss support for small and underserved businesses and communities, including through the Treasury Department’s vision for advancing economic opportunity through supplier and business partner diversity. During […]
Remarks by Treasury Department’s Counselor for Racial Equity Janis Bowdler at the 2024 UnidosUS Changemakers Summit
As Prepared for Delivery Good morning, everyone. It’s an honor to be here today at the 2024 UnidosUS Changemakers Summit. At the Treasury Department, we believe in a fundamental truth: every family deserves the opportunity to thrive, regardless of their background, zip code, or the diverse ways they define “family.” This belief underpins our work […]
U.S. Department of the Treasury, IRS Release Final Rules on Provisions to Expand Reach of Clean Energy Tax Credits Through President Biden’s Investing in America Agenda
New Inflation Reduction Act Provisions Allow State, Local, and Tribal Governments, Tax-Exempt Entities, U.S. Territories, Rural Energy Co-ops, and More to Access Tax Credits for Building a Clean Energy Economy WASHINGTON — Today, as part of the Biden-Harris Administration’s Investing in America agenda, the U.S. Department of the Treasury and the Internal Revenue Service (IRS) […]
Treasury Department Announces New Efforts to Increase Housing Supply in the United States
Alongside new efforts, Deputy Secretary of the Treasury Wally Adeyemo releases new blog post detailing how Treasury Department programs have helped keep families in their homes and contributed to housing construction and preservation WASHINGTON – Today, the U.S. Department of the Treasury announced new efforts to increase the supply of housing in the year ahead. These […]
Treasury Sanctions Members of the Intellexa Commercial Spyware Consortium
WASHINGTON — Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated two individuals and five entities associated with the Intellexa Consortium for their role in developing, operating, and distributing commercial spyware technology used to target Americans, including U.S. government officials, journalists, and policy experts. The proliferation of commercial spyware poses distinct […]