Category Archives: U.S. Treasury

10 July 2021, Venice, Italy Since we met in April 2021, the global outlook has further improved, mainly due to the roll out of vaccines and continued policy support. However, the recovery is characterised by great divergences across and within countries and remains exposed to downside risks, in particular the spread of new variants of […]

This weekend’s G20 meetings were further confirmation: The world is ready to end the global race to the bottom on corporate taxation, and there’s broad consensus about how to do it – with a global minimum tax of at least 15 percent. One hundred thirty-one nations – representing more than 90 percent of the global […]

Friday, July 9 through Tuesday, July 13 WASHINGTON — Secretary Janet L. Yellen will attend the G20 Finance Ministers and Central Bank Governors meeting in Venice, where she will continue to reinforce the U.S. commitment to multilateralism and advance U.S. policy priorities on global tax policy, climate change, an inclusive economic recovery, and global health. […]

WASHINGTON – Earlier today, Deputy Secretary of the Treasury Wally Adeyemo hosted a roundtable discussion with leading Emergency Rental Assistance (ERA) program grantees who provide vital assistance to households across the country that are unable to pay rent or utilities. The Deputy Secretary highlighted the Biden Administration’s all-hands-on-deck effort to prevent evictions by taking actions […]

Remarks as Prepared This discussion focuses on one of the most challenging aspects of international policy coordination today and one that will increasingly be the responsibility of forums like the G20 Finance Track.  Addressing the impacts of climate change and taking meaningful steps to decarbonize our economies by mid-century will require significant new public and […]

WASHINGTON – U.S. Secretary of the Treasury Janet L. Yellen will host a press conference at 8:30am Central European Summer Time on Sunday, July 11 to discuss the G20 Finance Ministers and Central Bank Governors meeting in Venice, Italy. The press conference will take place at the Venice Arsenal. Only accredited members of the press […]

WASHINGTON – Earlier today, Deputy Secretary Wally Adeyemo met with Ukraine Minister of Finance Serhiy Marchenko. Deputy Secretary Adeyemo highlighted the United States’ commitment to Ukraine’s sovereignty and territorial integrity. Deputy Secretary Adeyemo and Minister Marchenko discussed Ukraine’s progress on its structural reform agenda and cooperation with international financial institutions. Deputy Secretary Adeyemo emphasized that […]

WASHINGTON – Earlier today, Secretary of the Treasury Janet L. Yellen spoke with European Commission Executive Vice President and Commissioner for a Europe Fit for the Digital Age Margrethe Vestager. The Secretary discussed international taxation issues and welcomed the shared goals of the United States and European Union to make the international tax system more […]