OCC Solicits Research on Emerging Risks in the Banking System

WASHINGTON—The Office of the Comptroller of the Currency (OCC) is soliciting academic research papers on emerging risks in the banking system or related policy and supervisory issues for submission by March 3, 2023. The OCC will invite authors of selected papers to present to OCC staff and invited academic and government researchers at OCC Headquarters […]

Treasury Sanctions the IRGC Cooperative Foundation and Senior Iranian Officials Connected to Protest Suppression

WASHINGTON — Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is designating Iran’s Islamic Revolutionary Guard Corps (IRGC) Cooperative Foundation and five of its board members, the Deputy Minister of Intelligence and Security, and four senior IRGC commanders in Iran under human rights authorities. Today’s action, in coordination with both […]

Remarks by Secretary of the Treasury Janet L. Yellen at Bilateral Meeting with the President of Zambia Hakainde Hichilema

As Prepared for Delivery President Hichilema thank you for welcoming me to Lusaka today. It’s a pleasure to see you again following our meeting in Washington during the Africa Leaders Summit, and this time in your home country. The United States highly values our relationship with Zambia, and we seek to deepen our economic cooperation […]

Remarks by Secretary of the Treasury Janet L. Yellen at Bilateral Meeting with Minister of Finance of Zambia Situmbeko Musokotwane

As Prepared for Delivery Minister Musokotwane, thank you for welcoming me to Lusaka today. It’s a pleasure to see you again following the Finance Ministers Dinner that I hosted at the U.S. Treasury in October. It is a privilege to be here and to see your beautiful country firsthand. The United States highly values our […]

Remarks by Secretary of the Treasury Janet L. Yellen at Zambia National Public Health Institute

As Prepared for Delivery I want to thank the Zambia National Public Health Institute for the opportunity to see your investments in public health and pandemic preparedness firsthand. I would also like to express my appreciation for ZNPHI’s partnership with the U.S. Centers for Disease Control to train front-line epidemiologists, who are often the first […]

Remarks by Secretary of the Treasury Janet L. Yellen at Weldy Lamont Groundbreaking of Rural Electrification Project

As Prepared for Delivery Thank you very much for joining me here today.  Breaking ground on this project is an important marker of the progress we are making on electrification across Africa and the world. Senegal has among the highest rates of electrification across Sub-Saharan Africa, estimated at between 70 and 80%.  Yet significant disparities […]

Remarks by Secretary of the Treasury Janet L. Yellen During Visit to Gorée Island in Dakar, Senegal

As Prepared for Delivery I want to thank Mayor Senghor and everyone here for welcoming me to this Island. Today’s visit holds a special significance. Here at Goree Island, I can’t help but think about the unspeakable cruelty of those who engaged in the slave trade. I feel an overwhelming sense of sadness and pain […]

Remarks by Secretary of the Treasury Janet L. Yellen at Bilateral Meeting with Minister of Economy, Planning, and Cooperation of Senegal Oulimata Sarr

As Prepared for Delivery Economy Minister Sarr, thank you for welcoming me to Dakar today.   It’s a sincere pleasure to see you so soon following the U.S. – Africa Leaders’ Summit in Washington in December.  And it’s a pleasure to meet with you today – as the first women to serve in our positions.  […]

READOUT: Deputy Secretary Adeyemo’s Meeting with Price Cap Coalition Deputies

WASHINGTON – On Friday, January 20, Deputy Secretary of the Treasury Wally Adeyemo met virtually with Deputy Ministers representing the global coalition of countries imposing the price cap on seaborne Russian crude oil (the Price Cap Coalition) to discuss their progress to date and identify further steps to finalize the price cap policy for Russian […]

Remarks by Secretary of the Treasury Janet L. Yellen at Bilateral Meeting with President of Senegal Macky Sall

As Prepared for Delivery I thank President Sall, for welcoming me to Senegal today. I am pleased that Dakar is my first stop on the continent.  And I’m happy to have seen the President so soon after our last meeting in Washington during the U.S. – Africa Leaders’ Summit in December.  We laid a solid […]