News Release 2021-35 | March 19, 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 announced that the temporary change to the supplementary leverage ratio, or SLR, for depository institutions issued on May 15, 2020, will […]
Category Archives: U.S. Treasury
OCC Appoints Five New Members to Mutual Savings Association Advisory Committee
News Release 2021-34 | March 18, 2021 Share This Page: WASHINGTON—The Office of the Comptroller of the Currency (OCC) today appointed five new members to its Mutual Savings Association Advisory Committee (MSAAC). The MSAAC’s role includes assessing the condition of mutual savings associations, considering regulatory changes, and recommending steps the OCC may take to ensure the […]
OCC Appoints Seven New Members to Minority Depository Institutions Advisory Committee
News Release 2021-33 | March 18, 2021 Share This Page: WASHINGTON—The Office of the Comptroller of the Currency (OCC) today named seven new members to its Minority Depository Institutions Advisory Committee (MDIAC). The MDIAC advises the OCC on steps it can take to ensure the continued health and viability of minority depository institutions and other issues […]
FACT SHEET: The American Rescue Plan Will Deliver Immediate Economic Relief to Families
The current public health crisis and resulting economic crisis have devastated the health and economic wellbeing of millions of Americans. From big cities to small towns, Americans – particularly people of color, immigrants, and low-wage workers – are facing a deep economic crisis. More than 9.5 million workers have lost their jobs in the wake […]
Secretary of the Treasury Janet L. Yellen’s Statement on Rising Violence Against Asian-Americans
Statement from Twitter— Secretary Janet Yellen: From the window at Treasury, I can see the flag at the White House is lowered to half-staff now. It’s heartbreaking. Asian-Americans are suffering a rising tide of hate and violence in this country. It’s a trend that must be recognized, halted, and reversed. [Tweet 3/18/2021 3:37PM, (Link)] Related […]
READOUT: Secretary of the Treasury Janet L. Yellen’s Videoconference with Irish Finance Minister and Eurogroup President Paschal Donohoe
Earlier today, St. Patrick’s Day, Secretary of the Treasury Janet L. Yellen spoke with Irish Finance Minister and Eurogroup President Paschal Donohoe. Secretary Yellen emphasized the importance of the U.S.-Irish relationship and the transatlantic partnership. She conveyed the United States’ intention to deepen cooperation with Ireland and the European Union on key policy challenges, including […]
Remarks by Secretary of the Treasury Janet L. Yellen to the Treasury Tribal Advisory Committee
Good afternoon, and thank you for the invitation to join this TTAC meeting. I know Indian country has suffered a disproportionate share of hardship in this country. But the pandemic has made that hardship harder. It’s thrown a bright spotlight on the disparities Tribal communities face. Indigenous Americans have the highest COVID mortality rate nationwide […]
Treasury and IRS extend filing and payment deadline to May 17
WASHINGTON — The U.S. Department of the Treasury and the Internal Revenue Service announced today that the federal income tax filing due date for individuals for the 2020 tax year will be automatically extended from April 15, 2021, to May 17, 2021. The IRS will be providing formal guidance in the coming days. Additional details […]
READOUT: Secretary of the Treasury Janet L. Yellen’s Meeting with Governors Andy Beshear and Henry McMaster, Co-Chairs of the National Governors Association’s Bipartisan Economic Recovery and Revitalization Task Force
WASHINGTON – Earlier today, Secretary of the Treasury Janet L. Yellen spoke with Governors Andy Beshear of Kentucky and Henry McMaster of South Carolina. Governors Beshear and McMaster serve as co-chairs of the National Governors Association’s bipartisan Economic Recovery and Revitalization Task Force. Secretary Yellen conveyed how the Treasury Department is working around-the-clock to get funds to families, states, and local […]
Treasury and IRS Disbursed 90 Million Economic Impact Payments from the American Rescue Plan
WASHINGTON – Today, the U.S. Department of the Treasury, the Internal Revenue Service, and the Bureau of the Fiscal Service announced they disbursed approximately 90 million Economic Impact Payments from the American Rescue Plan. As announced last week, Economic Impact Payments are rolling out in tranches to millions of Americans in the coming weeks.The first […]