Category Archives: U.S. Treasury

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 […]

As Prepared for Delivery Thank you, Chrystia, for your kind words and your leadership. And thank you to the Atlantic Council. I am honored to receive this award – and to be among such distinguished fellow recipients.   When I was born, the world was still recovering from the devastation of the Great Depression and the […]

As Prepared for Delivery Prime Minister Chinh, I’m very glad we are meeting here in New York again after my visit to Hanoi in July. As I said to you this summer, I care deeply about further improving our bilateral economic relationship. Indeed, just earlier this month, President Biden and General Secretary Trong took the […]

NEW YORK – Today, Secretary of the Treasury Janet L. Yellen met with Brazil’s Minister of Finance Fernando Haddad on the sidelines of the United Nations General Assembly in New York. During their meeting, Secretary Yellen and Minister Haddad discussed the macroeconomic outlook as well as areas for additional cooperation between the two countries, including on climate […]

NEW YORK – Today, Treasury Secretary Janet Yellen, Under Secretary for Domestic Finance Nellie Liang, and Climate Counselor Ethan Zindler, met with leaders of some of the largest technical non-governmental organizations (NGOs) focused on supporting the implementation of net-zero commitments by financial institutions and facilitating the transition to a clean energy economy. Participants discussed the […]

WASHINGTON — Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned seven individuals and four entities based in Iran, the People’s Republic of China (PRC), Russia, and Türkiye in connection with Iran’s unmanned aerial vehicle (UAV) and military aircraft development. This network has facilitated shipments and financial transactions in support […]

NEW YORK – Today, Treasury Secretary Janet Yellen, Under Secretary for Domestic Finance Nellie Liang, and Climate Counselor Ethan Zindler, met with leadership from philanthropies that support the implementation of financial institution net-zero commitments and related transition planning efforts. The discussion centered on current priorities and outstanding challenges to mobilizing private finance towards the growing clean energy economy of […]

WASHINGTON – Today, the U.S. Department of the Treasury published the Principles for Net-Zero Financing & Investment (the Principles). The voluntary Principles highlight emerging best practices for private sector financial institutions that have made net-zero commitments and promote consistency and credibility in approaches to implementing them. With the Principles, the Treasury Department is supporting the mobilization of more private sector capital to address the physical and economic impacts of climate change […]

WASHINGTON – Today, the U.S. Department of the Treasury convened a meeting of the Treasury Advisory Committee on Racial Equity (TACRE). The Committee is comprised of 24 experts drawn from academia, business, nonprofits, philanthropy, and other fields who help advise Department leadership on economic and fairness issues that impact historically marginalized and underserved communities. During today’s meeting, […]

Thank you, President Banga, for your words of support and introduction. Thank you also to Director-General Tedros, Minister Sabin, and the Pandemic Fund Secretariat for all you’ve done to get us here. And hello everyone. I’m glad to mark this occasion – the one-year anniversary of the Pandemic Fund – with all of you tonight.  […]