News Release 2021-97 | September 15, 2021 Share This Page: WASHINGTON—Acting Comptroller of the Currency Michael J. Hsu today discussed the agency’s priorities during an appearance before the Exchequer Club. His remarks provided the audience an overview of his priorities to reduce inequality, adapt to digitization, act on climate change, and guard against complacency, and how […]
Category Archives: U.S. Treasury
Remarks by Secretary of the Treasury Janet L. Yellen on Shortages in the Child Care System
Treasury Report Shows U.S. Child Care System Overburdens, Has Inadequate Supply Thank you, Madam Vice President, for coming across the street – and, much more importantly, for your kind words about our Treasury team and your leadership on this issue. Let me also say: Nik Knight, thank you for sharing your story. Economic policymaking is […]
Treasury Releases Report Showing U.S. Childcare System Overburdens Families and Causes Shortages Due to Inadequate Supply
Vice President Kamala Harris and Secretary of the Treasury Janet L. Yellen to Make Case for Build Back Better AgendaThis Will be Vice President Harris’s First Visit to the Department of Treasury Since Taking Office WASHINGTON — The U.S. Department of the Treasury released a new report today on the state of the child […]
Treasury Releases Additional Emergency Rental Assistance Funds to High-Performing State and Local Government Grantees
WASHINGTON — Today, the U.S. Department of the Treasury announced it will make the remaining more than $13 billion in funding under the second wave of Emergency Rental Assistance (ERA2) available to the high-performing state and local government grantees. “Treasury is happy to provide these state and local government programs with additional resources to support Americans in […]
Treasury Announces U.S. Support for a Proposal at the OECD to End Official Financing Support for Unabated Coal Power
WASHINGTON – Today, the U.S. Department of the Treasury announced that the United States has joined Canada, the European Union, South Korea, Norway, Switzerland, and the United Kingdom to co-sponsor a proposal at a September 15 meeting of the OECD’s Participants to the Arrangement on Officially Supported Export Credits that seeks to end official export […]
U.S. Treasury Announces Social Impact Partnership to Pay for Results Act (SIPPRA) Project Grant for City and County of Denver, Colorado
WASHINGTON — The U.S. Department of the Treasury announced that it has offered the City and County of Denver, Colorado (Denver) a Social Impact Partnership to Pay for Results Act (SIPPRA) Project grant in the amount of $5,512,000 and a SIPPRA Independent Evaluator grant in the amount of $826,800 for its Housing to Health (H2H) […]
Treasury Department and Federal Housing Finance Agency Suspend Certain Requirements Under Preferred Stock Purchase Agreements with Fannie Mae and Freddie Mac
WASHINGTON – The U.S. Department of the Treasury (Treasury) and the Federal Housing Finance Agency (FHFA) today agreed to suspend certain requirements that were added on January 14, 2021 to the Preferred Stock Purchase Agreements (PSPAs) between Treasury and each of Fannie Mae and Freddie Mac (the Enterprises). FHFA will continue to measure, manage, and […]
Counterfeit Cashier’s Checks of Queensborough National Bank & Trust Company, Louisville, Ga.
Alert 2021-4| September 13, 2021 Share This Page: To Chief Executive Officers of All National Banks and Federal Savings Associations; All State Banking Authorities; Chair, Board of Governors of the Federal Reserve System; Chair, Federal Deposit Insurance Corporation; Conference of State Bank Supervisors; Deputy Comptrollers (Districts); Assistant Deputy Comptrollers; District Counsels; and All Examining Personnel The […]
Statement by Secretary of the Treasury Janet L. Yellen on the 20th Anniversary of 9/11
9/11 was something we all experienced, although certainly not equally. No one bore the pain and hardship of September 11th more than those who lost loved ones and then those who sacrificed in the conflicts that came after. To those who bear the scars of 9/11 in those ways, I want you to know I’m […]
OCC to Hold Hearing on Charges Against Former Wells Fargo Bank, N.A. Executives; Agency Seeks Prohibition Order, Orders to Cease and Desist, and Civil Money Penalties
News Release 2021-96 | September 10, 2021 Share This Page: WASHINGTON—The Office of the Comptroller of the Currency (OCC) today announced a public hearing before an Administrative Law Judge beginning Monday, September 13, 2021, in Sioux Falls, S.D. The OCC will litigate enforcement actions against Claudia Russ Anderson, former Community Bank Group Risk Officer, David Julian, […]