Category Archives: U.S. Treasury

WASHINGTON – Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned four individuals engaged in Russian government-directed influence activities to destabilize Ukraine. This is the latest action we have taken to target purveyors of Russian disinformation, including designations in April 2021.Today’s action is intended to target, undermine, and expose Russia’s ongoing […]

In the first year of the Biden-Harris Administration, the U.S. Department of the Treasury has worked to support families and businesses during the COVID-19 pandemic and foster the country’s robust economic recovery. As Secretary Yellen remarked yesterday, “Unemployment is now at 3.9 percent – the sharpest one-year drop in the rate ever. GDP now exceeds […]

As prepared for delivery Thank you, Mayor Suarez, and thank you all for welcoming me. More than that, thank you all for your tireless work over the past two years.  There have been few harder – or more crucial – jobs during this pandemic than being a mayor. Local governments have been the first line […]

WASHINGTON – Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated three Hizballah-linked financial facilitators and their Lebanon-based travel company. Specifically, OFAC designated Adel Diab, Ali Mohamad Daoun, Jihad Salem Alame, and their company, Dar Al Salam for Travel & Tourism. This action comes at a time in which the […]

WASHINGTON –  Deputy Secretary of the Treasury Wally Adeyemo met today with CEOs and other executives of several nongovernmental organizations (NGOs) operating in Afghanistan to discuss the continued flow of humanitarian assistance to the people of Afghanistan. Deputy Secretary Adeyemo discussed the urgent challenges facing the humanitarian sector and ongoing issues in working to stabilize […]

WASHINGTON – Secretary of the Treasury Janet L. Yellen will deliver the following remarks at the National Action Network’s Annual King Day Breakfast.  As prepared for delivery Hello, everyone, and thank you, Reverend Sharpton, for inviting me today. It’s a real pleasure to join NAN in celebrating the life and legacy of “the moral leader […]

WASHINGTON – Secretary of the Treasury Janet L. Yellen released the following statement today on President Joe Biden’s nominations to the Federal Reserve. “President Biden has nominated a full slate of nominees to the Federal Reserve that are committed to the board’s dual mandate of stable prices and maximum employment and represent a diversity of […]