Category Archives: U.S. Treasury

The United States is pleased to join these meetings together with our partners focused on Africa’s development. The African Development Bank Group will play a crucial role on the continent in overcoming and accelerating recovery from the pandemic and laying the groundwork for strong future growth and development. The international community needs to come together […]

WASHINGTON — Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated 16 individuals and five entities pursuant to Executive Order (E.O.) 13405 in response to the Lukashenka regime’s escalating violence and repression, including its reckless forced diversion of a commercial Ryanair flight and arrest of journalist Raman Pratasevich (Pratasevich) and […]

Chairman Neal, Ranking Member Brady, it’s a pleasure to be with you. When I took office back in January, the first – and most urgent – problem confronting our economy was obviously the pandemic: helping people make it to the other side of the crisis and ensuring they were met there by a robust recovery. […]

Earlier today, Secretary of the Treasury Janet L. Yellen met with Mexican Finance Secretary Arturo Herrera Gutiérrez.  Secretary Yellen reviewed ongoing efforts in the United States and Mexico to respond effectively to the COVID-19 pandemic, and to support a robust economic recovery.  She affirmed Treasury’s commitment to deepen cooperation with Mexico on preventing illicit finance, […]

WASHINGTON – Earlier today, Deputy Secretary of the Treasury Wally Adeyemo traveled to Baltimore, Maryland to meet with local leaders and organizations to discuss the state of the economy, pandemic recovery efforts supported by the American Rescue Plan Act (ARPA), and key aspects of the American Jobs Plan. The Deputy Secretary met with Baltimore Mayor […]

WASHINGTON — Today, in order to further aid the global fight against COVID-19, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued three general licenses (referred to as the COVID-19-related GLs) to build upon Treasury’s existing authorizations for COVID-19-related transactions and activities.  The new COVID-19-related GLs expand upon longstanding humanitarian exemptions, exceptions, […]

WASHINGTON – Yesterday, Deputy Secretary of the Treasury Wally Adeyemo spoke with Argentine Economy Minister Martín Guzmán.  Deputy Secretary Adeyemo reviewed Argentina’s consultations with the Paris Club of bilateral creditors, and Argentina’s pending negotiation of a new program with the International Monetary Fund.  He indicated that a strong economic policy framework for Argentina that provides […]

Chairman Wyden, Ranking Member Crapo, it’s a pleasure to be with you. When I took office back in January, the first – and most urgent – problem confronting our economy was obviously the pandemic: helping people make it to the other side of the crisis and ensuring they were met there by a robust recovery. […]