As Prepared for Delivery Thank you to Selex for hosting me today. This facility – and the electric vehicles and batteries you produce – are tremendously impressive. It speaks to something that has struck me each time I’ve had the chance to visit Vietnam: The immense economic dynamism and entrepreneurial spirit of the Vietnamese people. […]
Category Archives: U.S. Treasury
Remarks by Secretary of the Treasury Janet L. Yellen Ahead at Lunch with Women Economists and Entrepreneurs in Hanoi, Vietnam
As Prepared for Delivery It’s great to see all of you. Thank you for joining me for lunch. I am in Hanoi to emphasize the importance the United States places on strengthening our economic partnership with Vietnam. Since the start of our official ties in 1995, the U.S.-Vietnam relationship has broadened and deepened. Bilateral trade […]
Treasury Sanctions Drug Traffickers Operating Across Europe and North America
WASHINGTON — Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned three Belgian nationals and one Mexican national for international drug trafficking, including cocaine and fentanyl. Those designated today are involved in the importation and distribution of narcotics destined for U.S. and European markets. “Today’s actions underscore the importance of our […]
U.S. Treasury Targets Corrupt Businessman in North Macedonia
WASHINGTON – Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated one individual, Jordan “Orce” Kamcev, in North Macedonia pursuant to Executive Order (E.O.) 14033. Today’s designation underscores the United States’ continued commitment to promote accountability for individuals and entities that undermine or threaten the stability of the Western Balkans […]
Office of the Comptroller of the Currency Promotes Financial Literacy at Capitol Hill Event
WASHINGTON—The Office of the Comptroller of the Currency (OCC) today promoted financial literacy education by participating in the annual Jump$tart Coalition Financial Literacy Day on Capitol Hill. At the event, OCC staff distributed materials to attendees including members of Congress, their staff, the Capitol Hill community, and the public to promote financial literacy education and […]
Senior Deputy Comptroller for Large Bank Supervision Testifies on Climate-Related Financial Risks
WASHINGTON—Office of the Comptroller of the Currency (OCC) Senior Deputy Comptroller for Large Bank Supervision Greg Coleman today testified before the U.S. House of Representatives’ Committee on Financial Services’ Subcommittee on Financial Institutions and Monetary Policy on the agency’s supervision of climate-related financial risks. In his testimony, Mr. Coleman discussed the OCC’s supervision activities at […]
Remarks by Deputy Secretary of the Treasury Wally Adeyemo at Treasury Department Convening on Leveraging State and Local Fiscal Recovery Funds to Support the Workforce
As Prepared for Delivery Thank you all for joining us here today for a conversation about the opportunity that the State and Local Fiscal Recovery Funds represents for local governments to increase and improve their investments in supporting and expanding their local workforces. This effort is a key part of the Biden-Harris Administration’s Investing in […]
READOUT: U.S. Department of the Treasury Hosts Tribal Consultation on Inflation Reduction Act Provision to Expand Clean Energy Incentives to Tribal Governments
WASHINGTON, D.C. –The U.S. Treasury Department yesterday hosted a Tribal Consultation on a key provision of the Inflation Reduction Act that impacts Indian Country. The consultation with nearly 100 Tribal representatives was led by Chief Lynn Malerba, Treasurer of the United States, and focused on a new credit delivery mechanism – elective pay (often called […]
Treasury Department Announces Approval of Federal Funds to Connect Thousands of Rhode Island 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 $7 billion for broadband, digital technology, and multi-purpose community center projects in 46 states, which those states estimate will reach nearly two million locations Combined with other Administration initiatives, President Biden’s Investing in America agenda has brought affordable internet to over 19 million American households WASHINGTON […]
Remarks by the Treasury Department’s Counselor for Racial Equity Janis Bowdler at the National Fair Housing Alliance’s 2023 National Conference
As Prepared for Delivery Good afternoon, my name is Janis Bowdler, and I am thrilled to be here with all of you today. I want to start by thanking Lisa Rice and the NFHA family for inviting me here today. Our partnership stretches back decades and your work is as important as ever. From day […]