Category Archives: U.S. Treasury

Washington – U.S. Treasury Secretary Steven T. Mnuchin met with Canadian Finance Minister Bill Morneau. Secretary Mnuchin and Minister Morneau reaffirmed the strong economic and trade relationship between the United States and Canada and discussed continued efforts to reach a multilateral agreement on issues associated with international taxation. Other topics discussed include the 2020 United […]

Treasury removes sanctions following Latvian government action to strip ownership or control from Global Magnitsky-designated oligarch Aivars Lembergs Washington – Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) removed sanctions imposed on the Ventspils Freeport Authority, which was designated on December 9 for being owned or controlled by Latvian oligarch Aivars […]

Steven Terner Mnuchin was sworn in as the 77th Secretary of the Treasury on February 13, 2017. As Secretary, Mr. Mnuchin is responsible for the U.S. Treasury, whose mission is to maintain a strong economy, foster economic growth, and create job opportunities by promoting the conditions that enable prosperity at home and abroad. Read More […]

Washington – Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned two individuals pursuant to Executive Order (E.O.) 13664 for expanding or extending the conflict in South Sudan including by obstructing the reconciliation process or peace talks.  Treasury will not hesitate to target those who have perpetuated the conflict in […]

As prepared for delivery Thank you all for being here. It’s great to be with you today. We are excited to host this event to bring together Treasury and other government officials, civil society, and financial institutions to discuss ways that we partner to combat human rights abuse and corruption around the globe. When government […]

Washington – The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for October 2019.  The next release, which will report on data for November 2019, is scheduled for January 16, 2020. The sum total in October of all net foreign acquisitions of long-term securities, short-term U.S. securities, and banking flows was […]

Washington – Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) took action against two prominent Lebanon and the Democratic Republic of the Congo (DRC)-based money launderers and their affiliated companies, including those that have generated tens of millions of dollars for Hizballah, its financiers, and their malign activities.  These designations […]