Category Archives: U.S. Treasury

As Prepared for Delivery Thank you, Minister Le Maire. It’s great to be part of the multilateral development bank evolution roundtable. Today’s development landscape is challenging. Over the past few years, we have experienced significant macroeconomic shocks. This has impacted the global growth outlook for developing countries. These effects are compounded by longstanding global challenges, […]

SAN FRANCISCO, CA – Today, Deputy Secretary of the Treasury Wally Adeyemo met with the San Francisco Chamber of Commerce to discuss how the Inflation Reduction Act is benefitting startup companies in the clean energy industry.  The Inflation Reduction Act is the most significant legislation to combat climate change in our nation’s history. Since the […]

PARIS – Today, U.S. Secretary of the Treasury Janet L. Yellen met with French Finance Minister Bruno Le Maire. Secretary Yellen thanked Minister Le Maire and France for hosting the Summit for a New Global Financing Pact. She outlined the next steps in the evolution agenda for the World Bank and other multilateral development banks […]

WASHINGTON –  On June 20, Under Secretary of the Treasury for Terrorism and Financial Intelligence Brian E. Nelson met with Hassan Sheikh Mohamud, the President of the Federal Republic of Somalia. The two affirmed the close U.S.-Somali partnership in combatting al-Shabaab and its illicit financial activities, areas to further enhance ongoing counter terrorist financing cooperation, and the […]

I’m glad to be here in Paris. Let me begin by expressing my thanks to President Macron, Finance Minister Le Maire, and the French delegation for hosting this Summit.  We meet at a moment of tremendous promise and challenge. In recent decades, developing countries have seen broad economic progress. But over the past few years, […]

PARIS – Today, U.S. Secretary of the Treasury Janet L. Yellen met with President of the European Commission Ursula von der Leyen on the sidelines of the Summit for a New Global Financing Pact. Secretary Yellen highlighted the importance of the partnership with the EU through the G7 Partnership for Global Infrastructure and Investment and the Just Energy Transition […]

WASHINGTON – Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated Burma’s Ministry of Defense and two regime-controlled financial institutions that facilitate much of the foreign currency exchange within Burma and enable transactions between the military regime and foreign markets, including for the purchase and import of arms and related materiel. […]

WASHINGTON – Secretary of the Treasury Janet L. Yellen will travel to Paris, France to lead the U.S. delegation to the Summit for a New Global Financing Pact and hold related meetings on June 22 and June 23. While in Paris, Secretary Yellen will further partnerships with emerging and developing economies to strengthen the world […]

SAN FRANCISCO, CA – Today, Deputy Secretary of the Treasury Wally Adeyemo met with leaders from Google to discuss their efforts as part of the Economic Opportunity Coalition (EOC), a coalition of private sector companies and foundations working to advance economic equity and invest in underserved communities. The Deputy Secretary commended Google’s pledge to spend $2.5 […]

WASHINGTON — Today, following the International Day for the Elimination of Sexual Violence in Conflict, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated two South Sudanese individuals involved in conflict-related sexual violence (CRSV) in South Sudan. The two individuals designated today have abused their positions of political and military authority […]