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 […]
Category Archives: U.S. Treasury
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 […]
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 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 […]
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 […]
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 […]
Agencies Request Comment on Proposed Risk Management Guidance for Third-Party Relationships
News Release 2021-74 | July 13, 2021 Share This Page: Joint Release Board of Governors of the Federal Reserve SystemFederal Deposit Insurance CorporationOffice of the Comptroller of the Currency The federal bank regulatory agencies today requested public comment on proposed guidance designed to help banking organizations manage risks associated with third-party relationships, including relationships with financial […]
Remarks by Secretary of the Treasury Janet L. Yellen at the Venice International Conference on Climate
Twenty Years after Kyoto As prepared for delivery A CHANGING LANDSCAPE Thank you, Ignazio, for hosting us today, and how appropriate to be in Venice. Even if this weren’t a conference about climate change, how could we not raise the issue here? For all of us, 2020 was the year of the pandemic. But for […]
Remarks from Secretary of the Treasury Janet L. Yellen at the Post-G20 Press Conference
Thank you all for joining us. I’d like to start by thanking the Italian government, especially Minister Franco and Governor Visco. They’ve been wonderful hosts. At the end of our G7 meetings last month, I said that I believed we were seeing a revival of multilateralism. Then, ten days ago, we got word that the […]