News Release 2021-117 | November 16, 2021 Share This Page: WASHINGTON—Acting Comptroller of the Currency Michael J. Hsu today discussed modernizing the financial regulatory perimeter at the Federal Reserve Bank of Philadelphia’s Fifth Annual Fintech Conference. Related Links Media Contact Brian Walch(202) 649-6870 Related posts: OCC Hosts Mutual Savings Association Advisory Committee Meeting April 21 Via […]
Category Archives: U.S. Treasury
Remarks by Secretary of the Treasury Janet L. Yellen at the White House’s Tribal Nations Summit
As prepared for delivery: Hello, everyone. This is Janet Yellen, and I’m very grateful that you’ve come today. You know, only a few days after I started this job, one of my first meetings was with a group of small business owners. And at these gatherings, everyone’s story strikes a chord, but some strike a […]
READOUT: Deputy Secretary Adeyemo Meets with Banking Leaders in United Arab Emirates
DUBAI — Today, Deputy Secretary of the Treasury Wally Adeyemo met with members of the UAE Banks Federation to discuss economic opportunities, money laundering and illicit finance. He shared that a major focus of the Treasury Department is engaging with the financial sector to help counter terrorist and proliferation financing, among other illicit activities. Participants […]
READOUT: Secretary of the Treasury Janet L. Yellen’s Meeting with Chilean Finance Minister Rodrigo Andrés Cerda
WASHINGTON — Today Secretary of the Treasury Janet L. Yellen met with Chilean Finance Minister Rodrigo Andrés Cerda. Secretary Yellen highlighted Treasury’s commitment to fighting climate change with all available tools at its disposal, and commended the Minister for Chile’s strong efforts on this front. Secretary Yellen discussed Chile’s economic policies to cushion the economic […]
READOUT: Financial Stability Oversight Council Meeting on November 15, 2021
WASHINGTON – Today, the Financial Stability Oversight Council (Council) convened in executive session by videoconference. At the meeting, the Council heard a presentation from Treasury staff on the recently issued progress report by staff of agencies participating in the Inter-Agency Working Group on Treasury Market Surveillance. The Council also received an update from Treasury staff […]
Treasury and IRS Disburse Fifth Month of Advance Child Tax Credit Payments
Since July, Treasury and the IRS have delivered roughly $77 billion dollars in direct payments to families WASHINGTON — The U.S. Department of the Treasury and the Internal Revenue Service announced today that more than $15 billion in payments were made to families that include roughly 61 million eligible children as a part of the […]
Treasury Sanctions Public Ministry of Nicaragua and Nine Government Officials Following Sham November Elections
WASHINGTON — Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated the Public Ministry of Nicaragua (Ministerio Publico de Nicaragua) as well as nine officials of the Government of Nicaragua in response to the sham national elections orchestrated by President Daniel Ortega (Ortega) and Vice President Rosario Murillo (Murillo). This […]
READOUT: Deputy Secretary of the Treasury Wally Adeyemo’s Visit to Israel
JERUSALEM — Deputy Secretary of the Treasury Wally Adeyemo traveled to Israel from November 13 – 15 to discuss economic opportunities, shared national security priorities, including Iran, countering terrorist financing and proliferation financing, and regional terrorist threats. He met with a wide range of top government officials, including Minister of Finance Avigdor Lieberman, Central Bank […]
U.S. Department of the Treasury Announces Partnership with Israel to Combat Ransomware
Partners Establish Bilateral Task Force to Support Fintech Innovation and Cybersecurity Announcement Part of Biden Administration Efforts to Accelerate International Cooperation to Counter Ransomware JERUSALEM – Building on the long-standing relationship between the Israeli Ministry of Finance and the U.S. Department of the Treasury, Deputy Secretary of the Treasury Wally Adeyemo met with Finance Minister […]
Treasury Sanctions Four Entities and Two Individuals in Connection with the Crisis in Ethiopia
WASHINGTON — Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated four entities and two individuals pursuant to Executive Order (E.O.) 14046 in response to the growing humanitarian and human rights crisis and expanding military conflict in Ethiopia. Today’s action targets Eritrean actors that have contributed to the crisis and […]