U.S. Department of the Treasury, IRS Release Guidance to Expand Access to Clean Vehicle Tax Credits, Help Car Dealers Grow Businesses

Starting in January Inflation Reduction Act Provision Will Allow Consumers to Transfer Credit to Car Dealer, Reducing Purchase Price of New and Previously Owned Clean Vehicles at Time of Sale WASHINGTON – As part of Bidenomics and the Biden-Harris Administration’s Investing in America agenda, the U.S. Department of the Treasury and the Internal Revenue Service (IRS) […]

Remarks by Under Secretary for Terrorism and Financial Intelligence Brian Nelson at the U.S.-Mexico High-Level Security Dialogue

As Prepared for Delivery Good morning.  I am honored to join Secretary Blinken, Secretary Mayorkas, and Attorney General Garland today at the third U.S.-Mexico High-Level Security Dialogue.  We appreciate the warm welcome and hospitality here in Mexico City.    Treasury values our close and longstanding relationship with Mexican authorities in developing and implementing sanctions actions together […]

Acting Comptroller Discusses Vital Work of International Data Hub

Related posts: New Brokered Deposits Rule Promotes Bank-Fintech Partnerships Acting Comptroller of the Currency Praises President’s Working Group Statement on Cryptocurrency OCC Hosts Workshops for Bank Directors and Senior Management in Chicago and San Antonio OCC Issues Fourth Quarter 2023 and First Quarter 2024 CRA Evaluation Schedule

Treasury Targets Large Chinese Network of Illicit Drug Producers

Action highlights U.S. whole-of-government approach to address fentanyl crisis WASHINGTON — Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated 28 individuals and entities involved with the international proliferation of illicit drugs, including a China-based network responsible for the manufacturing and distribution of ton quantities of fentanyl, methamphetamine, and MDMA […]

Remarks by Deputy Secretary Adeyemo at a Press Conference Announcing New Treasury Action Against Fentanyl Supply Chain

Good afternoon. It’s great to be back at the Department of Justice representing Secretary Yellen and the Treasury as we announce another important action in the fight against the global illicit drug trade. Working so closely with the team here has made our actions more effective at disrupting the supply of the deadly drugs that […]

Remarks by Assistant Secretary for Terrorist Financing and Financial Crimes Elizabeth Rosenberg at the Association of Certified Anti-Money Laundering Specialists Assembly Conference

As prepared for delivery Intro Good morning and thank you Kieran, and thank you to ACAMS for having me here virtually to speak to you today. I’m honored by the invitation, and I wish I could have joined you all in person. My name is Elizabeth Rosenberg, and I am the Assistant Secretary for Terrorist […]

OCC Announces Executive Director for Office of Minority and Women Inclusion

WASHINGTON—The Office of the Comptroller of the Currency (OCC) today announced Shinu Shilesh as the Executive Director for the agency’s Office of Minority and Women Inclusion. In this role, Ms. Shilesh provides executive direction, sets policies, and oversees all agency matters relating to equal employment opportunity, diversity, equity, inclusion, and accessibility in management, employment, and […]

FACT SHEET: The Impact of Climate Change on American Household Finances

Today, the U.S Department of the Treasury (Treasury) released a report prepared in consultation with members of the Financial Literacy and Education Commission (FLEC), entitled The Impact of Climate Change on American Household Finances. The report complements Treasury’s work on broader issues around climate change and economic growth and stability. Today’s report evaluates the various […]

U.S. Department of the Treasury Releases Report on Climate Change and Household Finances

WASHINGTON – Today, the U.S Department of the Treasury released a report prepared in consultation with members of the Financial Literacy and Education Commission, entitled The Impact of Climate Change on American Household Finances.  The analysis in the report finds that more than half of U.S. counties – populated by millions of Americans – face […]

Remarks by Secretary of the Treasury Janet L. Yellen on the Economy in Savannah, Georgia

As Prepared for Delivery Thank you, Chairman Fountain, for the introduction, President and CEO Lynch and Mayor Johnson, for welcoming us here. I’d like to begin by speaking about the sad news of Senator Feinstein’s passing. Senator Feinstein was a giant in the Senate, a champion for Californians, and a trailblazer for women. Our nation […]