READOUT: Deputy Secretary of the Treasury Wally Adeyemo’s Meeting with International Company Business Leaders

WASHINGTON – Earlier today, Deputy Secretary of the Treasury Wally Adeyemo hosted a roundtable discussion with a group of business leaders from the Global Business Alliance representing international companies with significant U.S. operations. The group discussed the Biden Administration’s priorities on international tax, national security, and infrastructure. The Deputy Secretary underscored the Administration’s strong support […]

Agencies Request Comment on Proposed Risk Management Guidance for Third-Party Relationships

News Release 2021-74 | July 13, 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 requested public comment on proposed guidance designed to help banking organizations manage risks associated with third-party relationships, including relationships with financial […]

Remarks by Secretary of the Treasury Janet L. Yellen at the Venice International Conference on Climate

Twenty Years after Kyoto As prepared for delivery A CHANGING LANDSCAPE Thank you, Ignazio, for hosting us today, and how appropriate to be in Venice. Even if this weren’t a conference about climate change, how could we not raise the issue here? For all of us, 2020 was the year of the pandemic. But for […]

Remarks from Secretary of the Treasury Janet L. Yellen at the Post-G20 Press Conference

Thank you all for joining us.  I’d like to start by thanking the Italian government, especially Minister Franco and Governor Visco.  They’ve been wonderful hosts. At the end of our G7 meetings last month, I said that I believed we were seeing a revival of multilateralism.  Then, ten days ago, we got word that the […]

Remarks by Secretary of the Treasury Janet L. Yellen to the Eurogroup

I would like to thank President Donohoe for his invitation to join you all today. It is a pleasure to be with you here in Brussels on my first tour through the European Union as the Treasury Secretary. I am grateful to have the chance to engage with so many leading European policymakers – many […]

Transcript of Press Conference By Secretary Of The Treasury Janet L. Yellen Following The Close Of The G20 Finance Ministers and Central Bank Governors Meetings

Thank you all for joining us.  I’d like to start by thanking the Italian government, especially Minister Franco and Governor Visco.  They’ve been wonderful hosts. At the end of our G7 meetings last month, I said that I believed we were seeing a revival of multilateralism.  Then, ten days ago, we got word that the […]

G20 Finance Ministers and Central Bank Governors Communiqué

10 July 2021, Venice, Italy Since we met in April 2021, the global outlook has further improved, mainly due to the roll out of vaccines and continued policy support. However, the recovery is characterised by great divergences across and within countries and remains exposed to downside risks, in particular the spread of new variants of […]

Statement from Secretary of the Treasury Janet L. Yellen at the Conclusion of the G20 Finance Ministers and Central Bank Governors Meetings

This weekend’s G20 meetings were further confirmation: The world is ready to end the global race to the bottom on corporate taxation, and there’s broad consensus about how to do it – with a global minimum tax of at least 15 percent. One hundred thirty-one nations – representing more than 90 percent of the global […]

READOUT: Deputy Secretary of the Treasury Wally Adeyemo’s Roundtable Discussion with Emergency Rental Assistance Program Grantees

WASHINGTON – Earlier today, Deputy Secretary of the Treasury Wally Adeyemo hosted a roundtable discussion with leading Emergency Rental Assistance (ERA) program grantees who provide vital assistance to households across the country that are unable to pay rent or utilities. The Deputy Secretary highlighted the Biden Administration’s all-hands-on-deck effort to prevent evictions by taking actions […]

Remarks from Secretary of the Treasury Janet L. Yellen at the G20 Finance Ministers and Central Bank Governors Meeting’s High Level Symposium on International Tax

Remarks as Prepared This discussion focuses on one of the most challenging aspects of international policy coordination today and one that will increasingly be the responsibility of forums like the G20 Finance Track.  Addressing the impacts of climate change and taking meaningful steps to decarbonize our economies by mid-century will require significant new public and […]