Remarks by Secretary of the Treasury Janet L. Yellen addressing the threat of climate change to the Coalition of Finance Ministers for Climate Action

Remarks as prepared Thank you to Minister Vanhanen and Minister Cerda for inviting me to speak to you today.  Let me begin by saying how excited the Biden-Harris Administration is to bring the United States back into the fold to tackle the generational issue of climate change.  Climate, by its very nature, requires strong global […]

Treasury Sanctions Violent CJNG Members and Cartel Facilitator

WASHINGTON – Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated Carlos Andres Rivera Varela and Francisco Javier Gudino Haro, who are violent members of the Cartel de Jalisco Nueva Generacion (CJNG).  These two individuals have allegedly helped orchestrate assassinations using high-powered weaponry on behalf of CJNG, a Mexico-based organization […]

READOUT: Secretary of the Treasury Janet L. Yellen’s Briefing with the House Democratic Caucus

Today, Treasury Secretary Janet L. Yellen briefed the House Democratic Caucus on the state of the economy, the implementation of the American Rescue Plan and President Biden’s newly announced American Jobs Plan. Secretary Yellen noted the American Rescue Plan has put the country on track for full employment by next year and delivered relief to […]

READOUT: Treasury Deputy Secretary Wally Adeyemo Met with the Payments Leadership Council

Today, Deputy Secretary Wally Adeyemo met virtually with CEOs from seven U.S.-based payment companies and representatives from the Payments Leadership Council (PLC) to discuss the important role electronic payments and financial inclusion play in our economic recovery.  Deputy Secretary Adeyemo reiterated how critical it is that businesses and government work together toward a swift and […]

Readout: Secretary of the Treasury Janet L. Yellen’s Meeting with the African Leaders Dialogue on the COVID-Climate Emergency

Earlier today, Secretary of the Treasury Janet L. Yellen addressed the virtual meeting of the African Leaders Dialogue on the COVID-Climate Emergency, co-hosted by African Development Bank President Akinwumi Adesina and Global Center on Adaptation Chair Ban Ki-Moon.  The Secretary stressed her commitment to cooperate with African partners on innovative solutions, including through multilateral financial institutions, […]

Remarks by Secretary Janet Yellen, World Bank President David Malpass, and IMF Managing Director Kristalina Georgieva in Conversation at the 2021 Spring Meetings, “Economic Recovery: Toward a Green, Resilient, and Inclusive Future”

Economic Recovery: Toward a Green, Resilient, and Inclusive Future MALPASS Thank you very much, Larry. It’s a pleasure to be here with IMF Managing Director Kristalina Georgieva and with U.S. Treasury Secretary Janet Yellen to discuss the economic recovery in the kickoff of our Spring Meetings. The world faces major challenges, including COVID, climate change, […]

READOUT: Secretary of the Treasury Janet L. Yellen’s Call with Chilean Minister of Finance Rodrigo Andrés Cerda Norambuena

Earlier today, Secretary of the Treasury Janet L. Yellen spoke with Chile’s Finance Minister Rodrigo Andrés Cerda Norambuena. Secretary Yellen emphasized her desire to build on strong U.S.-Chilean relations for continued cooperation in the region. She also outlined the Biden-Harris Administration priorities, including responding effectively to the COVID-19 pandemic, supporting a robust economic recovery, fighting […]

Remarks by Secretary of the Treasury Janet L. Yellen on International Priorities to The Chicago Council on Global Affairs

America is strongest when we engage with the world. When I was born, the United States was still recovering from the Great Depression and World War II. These tragedies cost countless lives; too many families lost nearly everything. But from the devastation we learned an invaluable lesson: the United States must not go it alone. […]

Statement from Deputy Secretary Adeyemo on Leadership Announcement for the Financial Crimes Enforcement Network

For the last few years, Ken Blanco has been one of the most important public servants that you’ve likely  never heard of. That’s because Ken has been engaged in the often unseen work of disrupting illicit finance, the funding of crimes and terrorism. Ken has taken important steps to modernize FinCEN, and his effort to […]

OCC Promotes April as National Financial Capability Month

News Release 2021-41 | April 1, 2021 Share This Page: WASHINGTON—The Office of the Comptroller of the Currency (OCC) encourages national banks and federal savings associations (collectively, banks) to support financial literacy education year-round but especially during National Financial Capability Month, which runs through April 30. Banks promote financial literacy by supporting programs that expand financial […]