WASHINGTON—The Office of the Comptroller of the Currency (OCC) today published its 2023 Annual Report. The OCC Annual Report provides Congress with an overview of the condition of the federal banking system, discusses the OCC’s strategic priorities and initiatives, and shares the agency’s financial management and condition. In 2023, the OCC marked its 160th anniversary […]
Category Archives: U.S. Treasury
FACT SHEET: U.S. Department of the Treasury Actions to Prevent and Disrupt Corruption
WASHINGTON — Since the release of the U.S. Strategy on Countering Corruption two years ago, the U.S. Department of the Treasury has redoubled its efforts to address the illicit finance and national security threats posed by corruption. Among its many corrosive effects, corruption siphons essential resources away from communities, weakens democracy and governance, erodes economic development, […]
MEDIA ADVISORY: Under Secretary Brian Nelson to Travel to India
WASHINGTON — Under Secretary of the Treasury for Terrorism and Financial Intelligence Brian E. Nelson will travel to New Delhi and Mumbai, India from December 11-15 to continue work with our important partner and ally on combatting illicit finance and anti-money laundering and countering the financing of terrorism (AML/CFT) issues. While in New Delhi, Under […]
U.S. Department of the Treasury Announces Approval of Federal Funds to Improve Workforce Training, Education, and Health Monitoring in Washington, D.C
Funds awarded through President Biden’s Investing in America Agenda WASHINGTON — Today, the U.S. Department of the Treasury announced the approval of $22.5 million in federal funds for a multi-purpose community facility providing health care, education, and workforce services in Washington, D.C. as a part of President Biden’s Investing in America Agenda. These federal resources […]
Treasury Targets Transnational Corruption
WASHINGTON — Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned two former Afghan government officials — Mir Rahman Rahmani (M. Rahmani) and his son, Ajmal Rahmani (A. Rahmani), collectively known as “the Rahmanis” — for their extensive roles in transnational corruption, as well as 44 associated entities. These individuals and […]
Treasury Designates Perpetrators of Human Rights Abuse and Commemorates the 75th Anniversary of the Universal Declaration of Human Rights
WASHINGTON — December 10, 2023 marks the 75th anniversary of the Universal Declaration of Human Rights (UDHR), the landmark document enshrining human rights and fundamental freedoms for all individuals. Ahead of this historic anniversary and Human Rights Day, the Department of the Treasury (Treasury) reaffirms its steadfast commitment to promoting respect for human rights and […]
READOUT: At White House Tribal Nations Summit, Deputy Secretary of the Treasury Wally Adeyemo Announces New Small Business Funding for Tribal Communities
$86 million in American Rescue Plan funding is part of the largest and most expansive one-time investment for Tribal governments for small business financing in the history of the nation WASHINGTON – Today, Deputy Secretary of the Treasury Wally Adeyemo participated in a panel entitled Supporting Tribal Economic Development at the 2023 White House Tribal Nations […]
READOUT: Secretary of the Treasury Janet L. Yellen’s Meeting with President Andrés Manuel López Obrador
Today, U.S. Secretary of the Treasury Janet L. Yellen met with President Andrés Manuel López Obrador to discuss key aspects of the U.S.-Mexico economic relationship, including how both countries can take advantage of stronger economic integration. They reviewed the Treasury’s strong collaboration with Mexico’s finance ministry on shared priorities, including strengthening information sharing to combat […]
U.S. Treasury Department Updates Certification Application for Community Development Financial Institutions to Promote Responsible Lending to Financially Underserved Communities
WASHINGTON – Today, the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) released a revised CDFI Certification Application that reflects the evolution of the community finance field, provides greater clarity about what it means to be a Community Development Financial Institution (CDFI), and incorporates extensive feedback from community finance practitioners. “Community Development […]
Remarks by Deputy Secretary of the Treasury Wally Adeyemo Before the Treasury Advisory Committee on Racial Equity
As Prepared for Delivery Good afternoon, everyone. It’s a pleasure to be here with all of you. I want to thank Counselor for Racial Equity Janis Bowdler for convening us here today. And thank you to Chair Mayor Michael Nutter, Vice Chair Felicia Wong, and the subcommittee chairs for all of your work to prepare […]