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 […]
Category Archives: U.S. Treasury
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 […]
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 […]
Readout of Financial Stability Oversight Council Meeting on July 16, 2021
WASHINGTON – U.S. Treasury Secretary Janet L. Yellen today convened a meeting of the Financial Stability Oversight Council (Council) in executive session by videoconference. At the meeting, the Council received an update on the Federal Reserve Board’s recently announced bank stress test results for 2021. The Council also heard a presentation from Federal Housing […]
OCC Marks the First Anniversary of Project Reach
News Release 2021-75 | July 15, 2021 Share This Page: WASHINGTON—Acting Comptroller of the Currency Michael J. Hsu today marked the first anniversary of Project REACh by hosting participants to celebrate the project’s accomplishments and to challenge them to set their sights even higher over the next two years. “Project REACh has generated a great deal […]
Treasury Calls for Large Position Reports
WASHINGTON – The U.S. Department of the Treasury is calling for Large Position Reports from those entities whose positions in the 0-7/8% Treasury Notes of November 2030 equaled or exceeded $4.1 billion as of Monday, November 16, 2020 or Monday, December 14, 2020. Entities must submit separate reports for each reporting date on which their […]
Treasury and IRS Announce Families of Nearly 60 Million Children Receive $15 Billion Dollars in First Payments of Expanded and Newly Advanceable Child Tax Credit
Treasury and the IRS also release state-by-state data showing historic, nationwide relief for America’s families WASHINGTON — The U.S. Department of the Treasury and the Internal Revenue Service announced today that roughly $15 billion dollars were paid to families that include nearly 60 million eligible children in the first monthly payment of the expanded and […]
Treasury and IRS Announce Families of Nearly 60 Million Children Receive $15 Billion in First Payments of Expanded and Newly Advanceable Child Tax Credit
Treasury and the IRS also release state-by-state data showing historic, nationwide relief for America’s families WASHINGTON — The U.S. Department of the Treasury and the Internal Revenue Service announced today that roughly $15 billion were paid to families that include nearly 60 million eligible children in the first monthly payment of the expanded and newly-advanceable […]
READOUT: Deputy Secretary of the Treasury Wally Adeyemo’s Meeting with International Company Business Leaders
WASHINGTON – Earlier today, Deputy Secretary of the Treasury Wally Adeyemo hosted a roundtable discussion with a group of business leaders from the Global Business Alliance representing international companies with significant U.S. operations. The group discussed the Biden Administration’s priorities on international tax, national security, and infrastructure. The Deputy Secretary underscored the Administration’s strong support […]