READOUT: Deputy Secretary Adeyemo’s Meeting with Armenian Deputy Prime Minister Mher Grigoryan

WASHINGTON – Deputy Secretary of the Treasury Wally Adeyemo met yesterday with Armenian Deputy Prime Minister Mher Grigoryan. Deputy Secretary Adeyemo discussed recent economic developments in Armenia. He also highlighted the United States’ global efforts to prevent evasion of U.S. sanctions and export controls imposed on Russia. He affirmed the United States’ commitment to ongoing […]

Remarks by Secretary of the Treasury Janet L. Yellen at Multilateral Development Bank (MDB) Evolution Roundtable

As Prepared for Delivery Good morning. And welcome to the MDB Evolution Roundtable. I am looking forward to a robust discussion with all of you today. As everyone in this room knows, we are at an important moment for the World Bank. Six months ago, ahead of the Annual Meetings, I issued an urgent call […]

Remarks by Secretary of the Treasury Janet L. Yellen at Press Conference as Part of 2023 IMF-World Bank Annual Spring Meetings

As Prepared for Delivery Thank you all for being here. And thank you to the World Bank and IMF for hosting the Spring Meetings. I know that it will be a productive week. Let me begin by outlining a few of our key priorities for this week. Then, I’ll turn to your questions. A. Global […]

Remarks by Secretary of the Treasury Janet L. Yellen at Meeting with Finance Minister of India Nirmala Sitharaman

As Prepared for Delivery I want to warmly welcome Minister Sitharaman back to the U.S. Treasury, following our last meeting at the G20 in Bengaluru.  It is always a pleasure to visit one of the most dynamic economies in the world, and Bengaluru served as an important opportunity to make progress on many of our […]

OCC Opens Registration for Community Bank Director and Senior Management Workshops

WASHINGTON—The Office of the Comptroller of the Currency (OCC) today opened registration for its 2023 schedule of workshops for board directors and senior management of national community banks and federal savings associations. The OCC examiner-led workshops provide practical training and guidance to directors and senior management of national community banks and federal savings associations to […]

Biden-Harris Administration Officials, Senator Casey Announce Approval of Federal Funding to Connect 44,000 Pennsylvania Homes and Businesses to Affordable, High-Speed Internet as Part of President Biden’s Investing in America Agenda

Combined with other Administration initiatives, President Biden’s Investing in America agenda has brought affordable internet to 17 million American households    GETTYSBURG, PA — Today, the U.S. Department of the Treasury’s Chief Recovery Officer Jacob Leibenluft joined White House American Rescue Plan Coordinator Gene Sperling and U.S. Senator Bob Casey, Jr. to announce the approval […]

Vice President Harris, Treasury Department Announce Over $1.73 Billion to Improve Access to Capital, Financial Services in Underserved Communities

Treasury Department grants awarded to mission-driven community development financial institutions specializing in delivering responsible capital, credit, and financial services to underserved communities. WASHINGTON – Today, Vice President Kamala Harris and Deputy Secretary of the Treasury Wally Adeyemo announced that the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) has awarded over […]

Detailed Guidance and Press Schedule for Secretary Janet L. Yellen and Treasury Department at the 2023 Spring Meetings of the IMF and World Bank

WASHINGTON – Secretary of the Treasury Janet L. Yellen, Deputy Secretary of the Treasury Wally Adeyemo, and other senior Treasury officials will represent the United States in the 2023 Spring Meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG) and will participate in events on the margins from Monday, April 10, through […]

OCC Hosts Minority Depository Institutions Advisory Committee Meeting April 25 and Appoints Four New Members

WASHINGTON—The Office of the Comptroller of the Currency (OCC) today announced it will host a meeting of the Minority Depository Institutions Advisory Committee (MDIAC) and the appointment of four new MDIAC members. The MDIAC meeting will take place on Tuesday, April 25, 2023. The meeting, which will be held in person and virtually, is open […]

Treasury Releases 2023 DeFi Illicit Finance Risk Assessment

WASHINGTON — Today the U.S. Department of the Treasury published the 2023 DeFi Illicit Finance Risk Assessment, the first illicit finance risk assessment conducted on decentralized finance (DeFi) in the world. The assessment considers risks associated with what are commonly called DeFi services. While there is currently no generally accepted definition of DeFi, the term […]