To date, the Capital Projects Fund has awarded over $8.4 billion for broadband, digital technology, and multi-purpose community center projects in all 50 states, estimated to reach over two million locations WASHINGTON — Today, the U.S. Department of the Treasury announced the approval of $156.7 million for high-speed internet projects in Oregon under the American […]
Category Archives: U.S. Treasury
OCC Hosts Workshop for Bank Directors and Senior Management in Sioux Falls
WASHINGTON—The Office of the Comptroller of the Currency (OCC) will host a workshop in Sioux Falls, South Dakota, November 7-8 for directors, senior management, and other key executives of national community banks and federal savings associations. The Building Blocks: Developing Strong Management workshop is focused on strategy, people, and oversight. Participants will learn about current […]
Treasury Targets Sinaloa Cartel Fentanyl Trafficking Operations and a Colombian Cartel Leader
Washington — Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned 10 individuals, including several Sinaloa Cartel affiliates and fugitives, pursuant to Executive Order (E.O.) 14059. Those sanctioned today operate under the Los Chapitos faction of Mexico’s Sinaloa Cartel. Responsible for a significant portion of the illicit fentanyl and other deadly […]
Remarks by Treasury Department’s Counselor for Racial Equity Janis Bowdler at the 2023 U.S. Hispanic Chamber of Commerce National Conference
As Prepared for Delivery Thank you Monika for that kind introduction. And a special thank you to Ramiro Cavazos, Nelson Reyneri, and the entire US Hispanic Chamber of Commerce for having me today. It’s an honor to represent the Treasury Department here as the Department’s first Counselor for Racial Equity. Advancing equity for historically underserved […]
READOUT: Secretary of the Treasury Janet L. Yellen Participates in the United States – Pacific Islands Forum Summit’s Business Roundtable
WASHINGTON – Today, U.S. Secretary of the Treasury Janet L. Yellen met with Pacific Island leaders during the United States-Pacific Islands Forum Summit. Secretary Yellen underscored President Biden’s commitment to strengthening the United States’ partnership with Pacific islands, noting the importance of deepening economic ties. As part of a business roundtable, hosted by the Business Council […]
READOUT: Financial Stability Oversight Council Meeting on September 22, 2023
WASHINGTON – Today, U.S. Secretary of the Treasury Janet L. Yellen convened a meeting of the Financial Stability Oversight Council (Council) in executive session at the U.S. Department of the Treasury (Treasury). During the meeting, the Council heard an update from Federal Reserve staff on international market developments, including the outlook for global financial […]
Treasury Department Announces Launch of Economic and Financial Working Groups with the People’s Republic of China
Today, the United States and the People’s Republic of China launched an Economic Working Group and a Financial Working Group under the direction of Secretary of the Treasury Janet Yellen and Vice Premier He Lifeng. The two Working Groups will provide ongoing structured channels for frank and substantive discussions on economic and financial policy matters, […]
PHOTOS: Deputy Secretary of the Treasury Wally Adeyemo’s Visit to Nigeria
Deputy Secretary of the Treasury Wally Adeyemo traveled to Lagos, Nigeria on September 17 – 19. Below are photos from the Deputy Secretary’s trip. Photo credit: U.S. Consulate Lagos. Image 1: Deputy Secretary Adeyemo and Chargé d’Affaires David Greene meet with Nigerian financial institutions. Image 2: Deputy Secretary Adeyemo tours Ogidi Studios with Idris […]
Remarks by Assistant Secretary for Financial Markets Josh Frost at the International Swaps and Derivatives Association Derivatives Trading Forum
As Prepared for Delivery Good afternoon and thanks for having me here today. The topic of today’s forum – the resilience of Treasury markets – is a topic that we at the Treasury Department care deeply about and accordingly spend a great deal of time focused on. And the title of today’s forum – “The […]
Remarks by Secretary of the Treasury Janet L. Yellen at the Partnership for Global Infrastructure Investment Investor Forum in New York, New York
As Prepared for Delivery Hello everyone. Thank you for joining us today for the first U.S. Partnership for Global Infrastructure and Investment Investor Forum. And to Secretary Blinken for his introductory remarks. I’m also glad to be here alongside President Banga, who has been leading so much crucial work. When President Biden and the G7 […]