Statements on International Trans Day of Visibility

Statement from the U.S. Department of the Treasury This #TransDayOfVisibility we stand with our transgender & non-binary community at the Treasury Dept and across the country. We celebrate your contributions, courage, commitment to authenticity, and the richness you bring to our communities. [Tweet, @USTreasury, 11:27AM 3/31/21]   Statement from Secretary Janet Yellen: Treasury’s public servants […]

IRS projects stimulus payments to non-filer Social Security and other federal beneficiaries will be disbursed later this week

WASHINGTON – As work continues on issuing millions of Economic Impact Payments to Americans, the Internal Revenue Service and Treasury Department announced today that they anticipate payments will begin to be issued this weekend to Social Security recipients and other federal beneficiaries who do not normally file a tax return, with the projection that the […]

First Joint Committee Meeting Under the Bilateral Agreement Between the United States of America and the United Kingdom on Prudential Measures Regarding Insurance and Reinsurance

On March 25, 2021, the United States and the United Kingdom held the first meeting of the Joint Committee established under the U.S.-UK Agreement on Prudential Measures Regarding Insurance and Reinsurance (“the Agreement” hereafter). The United States and the United Kingdom signed the Agreement on December 18, 2018, and the Agreement entered into force on […]

Remarks from Secretary of the Treasury Janet L. Yellen to the U.S. Hispanic Chamber of Commerce Virtual Legislative Summit

(Remarks as given) Thank you, Alice for the very kind introduction. And thank you all for having me.  I’ve been an economist for a long time, and one area where I’ve focused my attention is on the disparity in economic outcomes – especially when it comes to race and ethnicity.  It’s probably because I began […]

READOUT: Treasury Deputy Secretary Wally Adeyemo Met Virtually with Racial and Economic Justice Leaders

Today, Deputy Secretary Wally Adeyemo met virtually with racial and economic justice leaders to discuss the Treasury Department’s commitment to equitable implementation of the American Rescue Plan (ARP) and ways to leverage Treasury programs to address systemic inequality. In his first outreach meeting since being confirmed last week, Deputy Secretary Adeyemo made clear that racial […]

Agencies Seek Wide Range of Views on Financial Institutions’ Use of Artificial Intelligence

News Release 2021-39 | March 29, 2021 Share This Page: Joint Release Board of Governors of the Federal Reserve SystemConsumer Financial Protection BureauFederal Deposit Insurance CorporationNational Credit Union AdministrationOffice of the Comptroller of the Currency Five federal financial regulatory agencies are gathering insight on financial institutions’ use of artificial intelligence (AI). The agencies seek information from […]

Joint Statement on the U.S.-EU Joint Financial Regulatory Forum

WASHINGTON, DC—U.S. and EU participants in the U.S.-EU Joint Financial Regulatory Forum (“the Forum”) met virtually on March 24 and 25, 2021, to exchange views on topics of mutual interest as part of their ongoing financial regulatory dialogue. U.S. participants included officials from the U.S. Department of the Treasury and staff from independent regulatory agencies, […]

READOUT: Secretary of the Treasury Janet L. Yellen’s Call with French Minister of Finance, the Economy, and the Recovery Bruno Le Maire

Earlier today, Secretary of the Treasury Janet L. Yellen spoke with French Minister of Finance, the Economy, and the Recovery Bruno Le Maire. Secretary Yellen emphasized support for a strong economic recovery and explained the Biden-Harris Administration’s broader plans to support jobs and investment in the United States. The Secretary also expressed support for measures to […]

Statement from U.S. Treasury Department on Sudan Bridge Financing

The United States commends Sudan’s Civilian-Led Transitional Government (CLTG) for moving forward with reforms that will help restore economic stability, advance the country’s efforts to secure debt relief, and ultimately improve the economic prospects of its citizens.  In recognition of the progress Sudan has made, yesterday Treasury provided same-day bridge financing of approximately $1.15 billion […]

OCC Reports Decline in Mortgage Performance for Fourth Quarter 2020

News Release 2021-38 | March 25, 2021 Share This Page: WASHINGTON—The Office of the Comptroller of the Currency (OCC) reported that the performance of first-lien mortgages in the federal banking system declined during the fourth quarter of 2020. The OCC Mortgage Metrics Report, Fourth Quarter 2020 showed that 93.3 percent of mortgages included in the report […]