WASHINGTON – Today, Chief Lynn Malerba, Treasurer of the U.S., hosted a meeting of the Treasury Tribal Advisory Committee (TTAC) with the TTAC’s Designated Federal Officer Krishna Vallabhaneni. The seven-member committee meets regularly and advises the Secretary on significant matters impacting Native American communities. Chief Malerba provided remarks about Treasury’s efforts to strengthen its nation-to-nation relationships with […]
Category Archives: U.S. Treasury
READOUT: Under Secretary Brian Nelson’s Meeting with Republic of Korea Special Representative for Korean Peninsula Peace and Security Affairs Kim Gunn
WASHINGTON – On June 13, Under Secretary of the Treasury for Terrorism and Financial Intelligence Brian E. Nelson met with Kim Gunn, the Republic of Korea’s (ROK) Special Representative for Korean Peninsula Peace and Security Affairs. The two affirmed the important role of U.S.-ROK cooperation in countering the Democratic People’s Republic of Korea’s (DPRK) destabilizing regional activities, malicious […]
U.S. Department of the Treasury, IRS Release Guidance on Provisions to Expand Reach of Clean Energy Tax Credits Through President Biden’s Investing in America Agenda
New Inflation Reduction Act Provisions Allow State, Local, and Tribal Governments, Non-profits, U.S. Territories, Rural Energy Co-ops, and More to Access Tax Credits for Building a Clean Energy Economy Washington, D.C. — As part of the Biden-Harris Administration’s Investing in America agenda, the U.S. Department of the Treasury and the Internal Revenue Service (IRS) today […]
Remarks by Secretary of the Treasury Janet L. Yellen at U.S.- India Business Council Ideas Summit
As Prepared for Delivery Good afternoon, everyone. I want to first thank Edward and the U.S.-India Business Council for your partnership. You have served as an important partner for the Treasury Department over the past two and a half years. I am personally grateful in particular for your collaboration and support during my trips to […]
Remarks by Assistant Secretary for Financial Institutions Graham Steele on the Digitization of Financial Services at the Transform Payments USA 2023 Conference
AUSTIN, TX – Today, Assistant Secretary for Financial Institutions Graham Steele delivered remarks at the Transform Payments USA conference in Austin, Texas on the digitization of financial services. As Prepared for Delivery Good morning, Thank you for having me. I am Graham Steele, Assistant Secretary for Financial Institutions at the Treasury Department, and it is […]
OCC Hosts Credit and Operational Risk Workshops in Minneapolis
WASHINGTON—The Office of the Comptroller of the Currency (OCC) will host two workshops July 18-19 in Minneapolis for directors, senior management, and other key executives of national community banks and federal savings associations. The Credit Risk: Recognizing and Responding to Risk workshop on July 18 covers the roles of the board and management, credit risk […]
OCC Requests Comment for Survey on Trust in Banking
WASHINGTON—The Office of the Comptroller of the Currency (OCC) today announced a request for information to gather input on a proposed annual trust survey with the goal of understanding, measuring, and tracking the public’s trust in banking and bank supervision by the OCC and other banking regulators over time. The OCC invites interested members of […]
Acting Comptroller Discusses Trust and Banking
WASHINGTON—Acting Comptroller of the Currency Michael J. Hsu today discussed the Office of the Comptroller of the Currency’s (OCC) efforts to promote and safeguard trust in banking at the Woodstock Institute’s 50th anniversary celebration in Chicago. In his remarks, the Acting Comptroller discussed the OCC’s work to elevate fairness and advance financial inclusion and fair […]
Agencies Propose Interagency Guidance on Reconsiderations of Value for Residential Real Estate Valuations
Five federal regulatory agencies today requested public comment on proposed guidance addressing reconsiderations of value (ROV) for residential real estate transactions. The proposed guidance advises on policies that financial institutions may implement to allow consumers to provide financial institutions with information that may not have been considered during an appraisal or if deficiencies are identified […]
Treasury Department Announces Framework to Promote Fairer, More Equitable Compliance Across Programs and Services
Guidance a key step in ensuring accountability, transparency in compliance efforts as Department delivers services, payments, benefits WASHINGTON – Today, the U.S. Department of the Treasury announced a new effort to help ensure fairness and increase transparency in the Department’s compliance and enforcement practices. The framework, laid out in a memo authored by Deputy […]