WASHINGTON — Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) and Department of Commerce’s Bureau of Industry and Security (BIS) issued a fact sheet underscoring the U.S. government’s commitment to supporting internet freedom in Cuba, following the Cuban regime’s attempts to silence protests in July. The fact sheet highlights the […]
Category Archives: U.S. Treasury
Statement from Secretary of the Treasury Janet L. Yellen on Senate Passage of the Bipartisan Infrastructure Bill
With this morning’s vote, the Senate has not only begun the largest modernization of American infrastructure since Eisenhower built the Interstate System; it has also taken an important step towards correcting a decades-long pattern of underinvestment. For more than a generation, funding for crucial national priorities like infrastructure has been on a downward trajectory, harming […]
Treasury Holds the Belarusian Regime to Account on Anniversary of Fraudulent Election
Treasury uses new sanctions authority in support of the Belarusian people WASHINGTON — Today, on the one-year anniversary of Belarus’s fraudulent August 9, 2020 presidential election, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned 23 individuals and 21 entities pursuant to Executive Order (E.O.) 13405, as well as a new E.O. of […]
Statement from Secretary of the Treasury Janet L. Yellen on the Debt Limit
WASHINGTON – Today, U.S. Secretary of the Treasury Janet L. Yellen released the following statement regarding the debt limit. “As I said in my letter to Congress on July 23rd, increasing or suspending the debt limit does not increase government spending, nor does it authorize spending for future budget proposals; it simply allows Treasury to […]
Statement from Secretary of the Treasury Janet L. Yellen on the Cryptocurrency Compromise
WASHINGTON – Today, U.S. Secretary of the Treasury Janet L. Yellen released the following statement on the cryptocurrency compromise reached in the U.S. Senate. “I am grateful to Senators Warner, Portman, Sinema, Toomey and Lummis for working together on this amendment to provide clarity on important provisions in the bipartisan infrastructure deal that will make […]
READOUT: Deputy Secretary of the Treasury Wally Adeyemo’s Meeting with International Bankers
WASHINGTON – Earlier today, Deputy Secretary of the Treasury Wally Adeyemo hosted a roundtable discussion with members from the Institute of International Bankers on the Biden-Harris Administration’s economic agenda and foreign banks’ contributions to U.S. economic growth. Deputy Secretary Adeyemo underscored the Administration’s commitment to ensuring that the United States remains the most attractive place […]
Minutes of the Meeting of the Treasury Borrowing Advisory Committee August 3, 2021
The Committee convened in a closed session via teleconference at 10:40 a.m. All members were present. Under Secretary for Domestic Finance Nellie Liang, Fiscal Assistant Secretary David Lebryk, Deputy Assistant Secretary for Federal Finance Brian Smith, Director of the Office of Debt Management Fred Pietrangeli, and Deputy Director of the Office of Debt Management Nick […]
READOUT: Deputy Secretary of the Treasury Wally Adeyemo’s Meeting with the Board of Directors of the National Bankers Association
WASHINGTON – Deputy Secretary of the Treasury Wally Adeyemo met with the board of directors of the National Bankers Association (NBA), an association of 31 people of color-owned banks working to eliminate the racial wealth gap. NBA’s President and CEO and NBA’s board members applauded the Administration for the Emergency Capital Investment Program and additional […]
READOUT: Secretary of the Treasury Janet L. Yellen’s Roundtable Discussion with Metro Atlanta Chamber of Commerce CEOs
Today, Secretary of the Treasury Janet L. Yellen participated in a roundtable discussion with CEOs and business leaders hosted by Ed Bastian, CEO of Delta Air Lines and Chair of the Board of Directors of the Metro Atlanta Chamber. Secretary Yellen and the participants discussed the state of the economic recovery and the necessary steps […]
Remarks by Secretary Janet L. Yellen on the State of the U.S. Economy in Atlanta, Georgia
As prepared for delivery I want to thank Mayor Bottoms, Congresswoman Williams, Dr. Klementich, and, of course, Jamine. Thank you for sharing your story. The past year-and-a-half has been a turbulent chapter in the lives of so many business owners – so many Americans. Millions of companies – in fact, whole industries – approached the […]