READOUT: Secretary of the Treasury Janet L. Yellen’s Meeting with Minister of Finance of India Nirmala Sitharaman

NEW DELHI – Today, U.S. Secretary of the Treasury Janet L. Yellen met with Finance Minister of India Nirmala Sitharaman on the sidelines of the G20 Leaders’ Summit. Secretary Yellen thanked Minister Sitharaman for her hospitality on her fourth trip to India since she took office, the most of any country in her current role. […]

READOUT: Secretary of the Treasury Janet L. Yellen’s Meeting with First Vice President of Spain and Minister for the Economy and Digital Transformation Nadia Calviño

NEW DELHI – Today, U.S. Secretary of the Treasury Janet L. Yellen met with First Deputy Prime Minister of Spain and IMFC chair Nadia Calviño on the sidelines of the G20 Leaders’ Summit. Secretary Yellen emphasized the U.S. support for an equiproportional quota increase at the IMF to return the IMF to a quota-based institution […]

Remarks by Secretary of the Treasury Janet L. Yellen at Press Briefing Ahead of G20

As Prepared for Delivery Hello everyone. Thank you for being here. I’d like to share a few introductory thoughts about the priorities we will be focused on throughout this week. First, we are committed to supporting emerging markets and developing countries and to addressing global challenges. This includes our ongoing work on evolving the multilateral […]

Treasury Department Announces Approval of Federal Funds to Connect 20,000 Oklahoma Homes and Businesses to Affordable, High-Speed Internet as Part of President Biden’s Investing in America Agenda

To date, the Capital Projects Fund has awarded over $8 billion for broadband, digital technology, and multi-purpose community center projects in nearly all states and three territories, estimated to reach over two million locations  WASHINGTON — Today, the U.S. Department of the Treasury announced the approval of $167.7 million for high-speed internet projects in Oklahoma […]

READOUT: Russian Elites, Proxies, and Oligarchs (REPO) Deputies Meeting

WASHINGTON – Deputy Secretary of the Treasury Wally Adeyemo and Principal Associate Deputy Attorney General Marshall Miller convened Deputies of the REPO Task Force to enhance sanctions enforcement efforts and bolster ongoing oligarch asset forfeiture initiatives. Participants from Australia, Canada, the European Commission, France, Germany, Japan, Italy, the United Kingdom, and the United States discussed […]

Remarks at the Center for Global Development on the IMF and Support for Developing Countries by Under Secretary for International Affairs Jay Shambaugh

As Prepared for Delivery Thank you, Nancy, for the introduction. And thank you to the Center for Global Development for hosting me. Our meeting comes at an important moment for the international financial architecture.  One year ago, Secretary Yellen stood right here, at the CGD, and shared her ideas on development finance.  She issued an […]

United States and United Kingdom Sanction Additional Members of the Russia-Based Trickbot Cybercrime Gang

U.S. Department of Justice Concurrently Unsealing Nine Indictments WASHINGTON — Today, the United States, in coordination with the United Kingdom, sanctioned eleven individuals who are part of the Russia-based Trickbot cybercrime group. Russia has long been a safe haven for cybercriminals, including the Trickbot group. Today’s action was taken by the U.S. Department of the […]

Treasury Sanctions Sudanese Paramilitary Leader

WASHINGTON — Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned Abdelrahim Hamdan Dagalo (Abdelrahim) for his leadership of the Rapid Support Forces (RSF), an entity whose members have engaged in acts of violence and human rights abuses, including the massacre of civilians, ethnic killings, and use of sexual violence. Since the beginning of conflict between the RSF and Sudanese Armed Forces (SAF) on April 15, 2023, both sides have failed to implement a ceasefire, and the […]

Treasury Department Announces Approval of Federal Funds to Help Close Digital Divide in Puerto Rico as Part of President Biden’s Investing in America Agenda

American Rescue Plan funding will also invest in multi-purpose community technology centers, which will bring connectivity to Puerto Rico communities for years to come WASHINGTON — Today, the U.S. Department of the Treasury announced the approval of $158 million in federal funds for broadband infrastructure and multi-purpose community facility projects in Puerto Rico under the […]

OCC Hosts Compliance and Credit Risk Workshops in Syracuse

WASHINGTON—The Office of the Comptroller of the Currency (OCC) will host two workshops in Syracuse on October 17-18 for directors, senior management, and other key executives of national community banks and federal savings associations. The Compliance Risk: Understanding the Rules workshop on October 17 focuses on the critical elements of an effective compliance risk management […]