Category Archives: U.S. Treasury

INTRODUCTION Good morning.  It is great to be here to speak on behalf of the U.S. Treasury.  I would first like to thank the Federal Reserve Bank of New York for co-hosting the conference with us.  They have put a lot of work into organizing an excellent event.  The conference has become one of the […]

Action targets major sources of funding for the regime’s proxies and terrorist arms, including the IRGC, the Qods Force, Hizballah and the Houthis WASHINGTON- Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) took action against the Central Bank of Iran (CBI), the National Development Fund of Iran (NDF), and Etemad […]

WASHINGTON—The U.S. Treasury Department today announced the entry into force of tax treaty protocols with Luxembourg and Switzerland.  The protocols bring the existing tax treaties with Luxembourg and Switzerland into closer conformity with current U.S. tax treaty policy to allow for greater tax information exchange that will enhance efforts to bolster tax compliance and combat […]

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

WASHINGTON – The U.S. Department of the Treasury today issued proposed regulations to comprehensively implement the Foreign Investment Risk Review Modernization Act of 2018 (FIRRMA) and to better address national security concerns arising from certain investments and real estate transactions.  FIRRMA and the proposed regulations strengthen and modernize the Committee on Foreign Investment in the […]