As Prepared for Delivery Thank you. I’m glad to be here in Pittsburgh at West Penn Hospital to talk about how the Biden Administration is lowering costs and getting Americans the health care they deserve. Over the past three years, the Biden Administration has driven the strongest economic comeback of our lifetimes. Our country has […]
Category Archives: U.S. Treasury
Statement from Secretary of the Treasury Janet L. Yellen on Passage of the National Security Supplemental
WASHINGTON – Secretary of the Treasury Janet L. Yellen today released the following statement on the United States Senate’s passage of the National Security Supplemental: “I commend the United States Senate on its passage of the National Security Supplemental, which includes urgently needed military, economic, and humanitarian support for the Ukrainian people in their fight […]
Remarks by U.S. Treasurer Chief Lynn Malerba at the National Congress of American Indians
As Prepared for Delivery Wuykeesuk eeoonooak nuteeooees Soqsqa Mutawi Mutahash, Lynn Malerba, wuchee Moheekanuwak. Kutapatotamawush (thank you) to NCAI Board President Macarro, the entire NCAI Board, and Executive Director Larry Wright for inviting me to speak to this room full of honorable Tribal leaders here with us today. It is a pleasure to provide this […]
READOUT: Treasury Officials Visit Mexico to Further Collaboration on Illicit Finance
MEXICO CITY – U.S. Department of the Treasury officials from two key offices involved in the fight against fentanyl and its financing traveled to Mexico last week to meet with counterparts in the Government of Mexico and representatives of the U.S. and Mexican financial sector. The visit follows Secretary Janet Yellen’s visit to Mexico in […]
U.S. Department of the Treasury, IRS, and Department of Energy Announce Closing of Applications for First Year of Groundbreaking Inflation Reduction Act Program for Solar and Wind Energy in Low-Income Communities
WASHINGTON—Today, the U.S. Department of the Treasury and Internal Revenue Service (IRS), in partnership with the Department of Energy (DOE), announced that DOE will no longer accept new applications for the 2023 program year of the Inflation Reduction Act’s Low-Income Communities Bonus Credit Program after February 29, 2024, at 11:59 PM EST. Applications for the […]
READOUT: Secretary of the Treasury Janet L. Yellen’s Bilateral Meeting with Executive Vice President and Commissioner for Economy Paolo Gentiloni of the European Union
WASHINGTON – Today, U.S. Secretary of the Treasury Janet L. Yellen met with European Commissioner for Economy Paolo Gentiloni. They discussed several topics of mutual interest, such as our efforts to deprive Russia of its ability to wage war and support for Ukraine in its defense against Putin’s brutal invasion. Secretary Yellen congratulated the European Union […]
Treasury Targets Price Cap Violation Network and Implements G7 Ban on Russian Diamonds
WASHINGTON — Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is taking its second price cap enforcement action of 2024, imposing sanctions on four entities and identifying one vessel as blocked property. The network of these entities and the vessel were involved in a price cap violation scheme in late […]
Treasury Sanctions Ecuador’s Notorious Los Choneros Gang and Its Leader
WASHINGTON — Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned one of Ecuador’s most violent gangs, Los Choneros, and its leader, José Adolfo Macías Villamar (also known by the alias “Fito”), pursuant to counter narcotics authorities. OFAC’s action follows a steep rise in violence in Ecuador attributed to the actions […]
READOUT: Treasurer Chief Malerba Outlines Biden-Harris Administration’s Historic Support for Tribal Communities at the National American Indian Housing Council’s Legislative Conference
WASHINGTON – Yesterday, U.S. Treasurer Chief Lynn Malerba delivered keynote remarks at the National American Indian Housing Council’s 2024 Legislative Conference. During her remarks, Chief Malerba discussed the Biden-Harris Administration’s historic support for Tribal communities, including efforts to strengthen housing security in Indian Country that prevented a wave of evictions and foreclosures. In December at […]
Treasury Publishes 2024 National Risk Assessments for Money Laundering, Terrorist Financing, and Proliferation Financing
Reports Confirm and Update Key Illicit Finance Concerns in Response to Evolving Threat and Risk Environment WASHINGTON – Today, the U.S. Department of the Treasury published the 2024 National Risk Assessments on Money Laundering, Terrorist Financing, and Proliferation Financing. These reports highlight the most significant illicit finance threats, vulnerabilities, and risks facing the United States. […]