READOUT: At Edison Electric Institute, Deputy Secretary of the Treasury Wally Adeyemo Discusses Investments in Small and Underserved Businesses and Communities As Clean Energy Economy Grows

 WASHINGTON – Today, U.S. Deputy Secretary of the Treasury Wally Adeyemo joined energy industry leaders for a roundtable at the Edison Electric Institute’s quarterly Board of Directors meeting to discuss support for small and underserved businesses and communities, including through the Treasury Department’s vision for advancing economic opportunity through supplier and business partner diversity. During […]

Treasury Targets Companies and Vessels Facilitating Qods Force and Houthi Commodity Shipments

WASHINGTON — Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) took additional action to target shipments of Iranian commodities undertaken by the network of Iran-based, Islamic Revolutionary Guard Corps-Qods Force (IRGC-QF)-backed Houthi financial facilitator Sa’id al-Jamal. Today’s action targets two Hong Kong- and Marshall Islands-based ship owners and two vessels for […]

Treasury Sanctions Members of the Intellexa Commercial Spyware Consortium

WASHINGTON — Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated two individuals and five entities associated with the Intellexa Consortium for their role in developing, operating, and distributing commercial spyware technology used to target Americans, including U.S. government officials, journalists, and policy experts. The proliferation of commercial spyware poses distinct […]

Remarks by Treasury Department’s Counselor for Racial Equity Janis Bowdler at the 2024 UnidosUS Changemakers Summit

As Prepared for Delivery Good morning, everyone. It’s an honor to be here today at the 2024 UnidosUS Changemakers Summit.  At the Treasury Department, we believe in a fundamental truth: every family deserves the opportunity to thrive, regardless of their background, zip code, or the diverse ways they define “family.” This belief underpins our work […]

U.S. Department of the Treasury, IRS Release Final Rules on Provisions to Expand Reach of Clean Energy Tax Credits Through President Biden’s Investing in America Agenda

New Inflation Reduction Act Provisions Allow State, Local, and Tribal Governments, Tax-Exempt Entities, U.S. Territories, Rural Energy Co-ops, and More to Access Tax Credits for Building a Clean Energy Economy WASHINGTON — Today, as part of the Biden-Harris Administration’s Investing in America agenda, the U.S. Department of the Treasury and the Internal Revenue Service (IRS) […]

Treasury Department Announces New Efforts to Increase Housing Supply in the United States

Alongside new efforts, Deputy Secretary of the Treasury Wally Adeyemo releases new blog post detailing how Treasury Department programs have helped keep families in their homes and contributed to housing construction and preservation WASHINGTON – Today, the U.S. Department of the Treasury announced new efforts to increase the supply of housing in the year ahead. These […]

Treasury Sanctions Zimbabwe’s President and Key Actors for Corruption and Serious Human Rights Abuse

Following U.S. termination of the Zimbabwe Sanctions Program, Treasury designates key actors under the Global Magnitsky Program WASHINGTON — Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated 11 individuals, including Zimbabwe’s President Emmerson Mnangagwa, and three entities for their involvement in corruption or serious human rights abuse pursuant to E.O. 13818, […]

Remarks by Secretary of the Treasury Janet L. Yellen at Aster Business Accelerator in Antofagasta, Chile

As Prepared for Delivery Good morning and thank you very much for inviting me here today. Over the past two days, I’ve met with President Boric, Minister Marcel, and Governor Costa, and also with leading private sector firms. Throughout these meetings, we’ve discussed how the United States and Chile can jointly leverage the green transition to […]

Remarks by Secretary of the Treasury Janet L. Yellen at Albemarle Corporation’s Lithium Processing Facility in Antofagasta, Chile

As Prepared for Delivery Thank you for being here. I’m grateful for the warm welcome I’ve received in Chile over the past two days. I’ve had a very productive trip so far, including meeting with President Boric, Minister of Finance Marcel, and Central Bank Governor Costa to discuss the United States and Chile’s shared priorities.  […]

Remarks by Secretary of the Treasury Janet L. Yellen at Roundtable with the American Chamber of Commerce in Santiago, Chile

As Prepared for Delivery Good morning and thank you to the American Chamber of Commerce for hosting me here today. I’m delighted to be in Santiago. Chile is a key ally and partner in the Western Hemisphere, and our economies have long been deeply intertwined. Goods and services trade between the U.S. and Chile has […]