Secretary of the Treasury Janet L. Yellen’s Discussion with National Latino Leaders

WASHINGTON – Earlier today, Secretary of the Treasury Janet L. Yellen hosted a group of national Latino leaders from civil rights, advocacy, and small business organizations alongside UnidosUS President Janet Murguía for a virtual roundtable discussion on the state of the economy, economic barriers impacting the Latino community, and what Treasury is doing to advance […]

More than 2.2 million additional Economic Impact Payments disbursed under the American Rescue Plan

WASHINGTON — The U.S. Department of the Treasury, the Internal Revenue Service, and the Bureau of the Fiscal Service announced today they have disbursed more than 2.2 million additional Economic Impact Payments under the American Rescue Plan. Today’s announcement covering the most recent six weeks of the effort brings the total disbursed so far under […]

Interagency Statement on Community Reinvestment Act Joint Agency Action

News Release 2021-77 | July 20, 2021 Share This Page: Joint Release Board of Governors of the Federal Reserve SystemFederal Deposit Insurance CorporationOffice of the Comptroller of the Currency WASHINGTON—The Federal Reserve Board, the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC) are committed to working together to jointly […]

OCC Statement on Rescinding its 2020 Community Reinvestment Act Rule

News Release 2021-76 | July 20, 2021 Share This Page: WASHINGTON—The Office of the Comptroller of the Currency (OCC) today announced it will propose rescinding the Community Reinvestment Act (CRA) rule issued in May 2020 and is committed to working with the Federal Reserve (Board) and the Federal Deposit Insurance Corporation (FDIC) to put forward a […]

READOUT: Deputy Secretary of the Treasury Wally Adeyemo’s Roundtable Discussion with Bipartisan Former Sanctions Senior Leaders

WASHINGTON – Yesterday, Deputy Secretary of the Treasury Wally Adeyemo led a virtual discussion with a bipartisan group of six former U.S. government sanctions leaders who served in the last three Administrations to discuss the application of U.S. economic and financial sanctions. The Deputy Secretary underscored Treasury’s commitment to ensuring sanctions remain relevant, rigorous, and […]

Readout of Secretary of the Treasury Janet L. Yellen’s Meeting with His Majesty King Abdullah II ibn Al Hussein of Jordan

Today, Secretary of the Treasury Janet L. Yellen met with His Majesty King Abdullah II ibn Al Hussein, King of the Hashemite Kingdom of Jordan. Secretary Yellen underscored the broad partnership between the United States and Jordan. She noted the challenges Jordan faced, complicated by COVID, and encouraged His Majesty to continue to implement reforms […]

Readout of the Meeting of the President’s Working Group on Financial Markets to Discuss Stablecoins

WASHINGTON — Today, Secretary of the Treasury Janet L. Yellen convened the President’s Working Group on Financial Markets (PWG), joined by the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation, to discuss stablecoins. In the meeting, participants discussed the rapid growth of stablecoins, potential uses of stablecoins as a means […]

Joint Statement from the U.S. Department of the Treasury and the State Bank of Vietnam

WASHINGTON – U.S. Secretary of the Treasury Janet L. Yellen and State Bank of Vietnam Governor Nguyen Thi Hong met virtually today. At the conclusion of their meeting, Secretary Yellen and Governor Hong issued the following joint statement: The United States and Vietnam are trusted partners with friendship grounded in mutual respect.  In keeping with […]

Secretary of the Treasury Janet L. Yellen to Convene a Meeting of the President’s Working Group on Financial Markets to Discuss Stablecoins

WASHINGTON — Today, Secretary of the Treasury Janet L. Yellen announced plans to convene the President’s Working Group on Financial Markets (PWG), in addition to the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation, to discuss interagency work on stablecoins. The group will meet Monday, July 19.“Bringing together regulators will […]

READOUT: Deputy Secretary of the Treasury Wally Adeyemo’s Community Engagements in Houston, Texas

WASHINGTON – Earlier today, Deputy Secretary of the Treasury Wally Adeyemo attended a series of engagements in Houston, Texas to discuss the American Rescue Plan – including the expanded, monthly Child Tax Credit (CTC) and the Emergency Rental Assistance (ERA) program – which have enabled communities to recover from the pandemic. The Deputy Secretary joined […]