Category Archives: U.S. Treasury

Treasury imposes consequences on key ransomware actor   WASHINGTON — Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC), designated Mikhail Matveev (Matveev) for his role in launching cyberattacks against U.S. law enforcement, businesses, and critical infrastructure. Concurrently, the U.S. District Courts for the District of New Jersey and the District […]

The United States and European Union are committed to working more closely on sanctions as a key tool to address shared foreign policy goals. From April 26–28, the U.S. Department of Treasury’s Office of Foreign Assets Control (OFAC), the European External Action Service (EEAS), and the European Commission Directorate-General for Financial Stability, Financial Services and […]

As Prepared for Delivery Good morning, everyone. It’s great to be back at ICBA. And it’s wonderful to see so many familiar faces. I’d like to first thank Derek and Rebeca for their leadership of this important organization. As some of you know, this is not my first time speaking at ICBA. One of my […]

Delaware, Idaho approved to receive approximately $185.9 million under the American Rescue Plan Combined with other Administration initiatives, President Biden’s Investing in America agenda has brought affordable internet to over 17 million American households WASHINGTON — Today, the U.S. Department of the Treasury announced the approval of federal funds for multi-purpose community facility projects and […]

As Prepared for Delivery Minister Suzuki, it is great to see you again after our meetings at the IMF and World Bank last month. And it is a pleasure to be back in Japan. Thank you for your hospitality. I am pleased to meet with you during the G7 Finance Ministers and Central Bank Governors […]

As Prepared for Delivery Chancellor Hunt, I want to thank you for meeting with me and for your strong partnership on some of the most pressing challenges facing the global economy. Today, Chancellor Hunt and I will discuss several shared objectives. First, we will discuss our coalition’s response to Russia’s brutal and illegal war against […]

WASHINGTON, D.C. – As part of the Biden-Harris Administration’s Investing in America strategy, the U.S. Department of the Treasury and Internal Revenue Service (IRS) today released guidance that provides detailed information about the domestic content bonus under the Inflation Reduction Act for clean energy projects and facilities that meet American manufacturing and sourcing requirements. The […]

NIIGATA – U.S. Secretary of the Treasury Janet L. Yellen met today with German Minister of Finance Christian Lindner. Secretary Yellen expressed appreciation for Germany’s close coordination on the implementation of Russia sanctions and discussed the importance of aligning efforts to counter sanctions evasion. Secretary Yellen emphasized the importance of building a clean, secure, and […]