MARRAKECH – Today, U.S. Secretary of the Treasury Janet L. Yellen held a bilateral meeting with Saudi Arabia’s Minister of Finance Mohammed Al-Jadaan on the margins of the 2023 IMF/World Bank Annual Meetings in Morocco. Secretary Yellen noted Saudi Arabia’s substantial progress on its Vision 2030 reform agenda, including increasing female participation in the labor force. […]
Category Archives: U.S. Treasury
Statement from Secretary of the Treasury Janet L. Yellen on the World Bank Development Committee
The United States extends its deepest condolences to the people of Morocco and Libya, who have lost loved ones and now face the devastating impacts of once-in-a-century earthquake and floods. We stand by the governments of Morocco and Libya as they take steps to recover from the destruction these disasters have wrought. As we gather […]
Treasury Seeks Public Input on Draft OECD/G20 Inclusive Framework Pillar One Multilateral Convention Text
WASHINGTON – Today, the U.S. Department of the Treasury announced a request for public input on the draft OECD/G20 Inclusive Framework Multilateral Convention to Implement Amount A of Pillar One (Pillar One MLC) and accompanying documents. The Inclusive Framework’s Task Force on the Digital Economy released the current draft text of the Pillar One MLC, […]
Remarks by Treasury Department’s Counselor for Racial Equity Janis Bowdler at White House Briefing with the National Alliance of Latino CDFI Executives
As Prepared for Delivery Hello everyone. I would first like to extend my thanks to Sol and the White House’s Public Engagement team for having me, and to my colleague Marcia Sigal from the CDFI Fund for accompanying me to this event today. It’s inspiring to stand in a room like this with so many […]
Remarks by Secretary of the Treasury Janet L. Yellen at U.S.-hosted Roundtable on the International Monetary Fund in Marrakech, Morocco
As Prepared for Delivery Good morning and thank you for joining this roundtable. As recent events have shown, shocks will continue to hit our countries, and they often hit low-income countries the hardest. The impact of these shocks undermines our collective goals of achieving strong, stable, and inclusive economic growth and could cement the divergent […]
Monica Fuentes Freas Named Deputy Comptroller for Large Bank Supervision
WASHINGTON—The Office of the Comptroller of the Currency (OCC) today announced the selection of Monica Fuentes Freas as a Deputy Comptroller for Large Bank Supervision (LBS). In this role, Ms. Freas will manage the supervision of a portion of the OCC’s large bank portfolio. She joins three other Deputies for Large Bank Supervision providing oversight […]
Statement from Secretary of the Treasury Janet L. Yellen on the International Monetary and Financial Committee
MARRAKECH – The setting of this year’s Annual Meetings in Marrakech is poignant for several reasons. It is the first time these Annual Meetings have been hosted in North Africa, and the first time they have been held on the African continent in exactly 50 years since the 1973 meetings in Nairobi. These meetings also demonstrate Morocco’s […]
Remarks by Secretary of the Treasury Janet L. Yellen on Multilateral Development Bank Evolution in Ben Guerir, Morocco
As Prepared for Delivery Thank you for the introduction, and hello everyone. I’m glad to have the chance to visit UM6P. The World Bank is funding construction of the university’s newest branch. And the beautiful campus we’re at now reflects dedication to both achieving environmental sustainability and driving educational outcomes. It’s a perfect symbol of […]
Remarks by Secretary of the Treasury Janet L. Yellen at Bin Yousef High School Recovery Site in Marrakech, Morocco
As Delivered I want to thank the Minister, and local, and school officials for inviting me to visit this very impressive school. And, to see all that is being done to quickly ensure that students in areas so badly affected by the earthquake are able to continue their education. This is an incredibly impressive effort, […]
Detailed Guidance and Press Schedule for Secretary of the Treasury Janet L. Yellen’s Travel to the IMF and World Bank Annual Meetings in Morocco and the Eurogroup Finance Ministers Meeting in Luxembourg
WASHINGTON – Secretary of the Treasury Janet L. Yellen will travel to Marrakech, Morocco, to represent the United States in the Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG) and participate in events on the margins from Tuesday, October 10, through Saturday, October 14. Secretary Yellen will then travel to […]