WASHINGTON – Earlier today, the Roosevelt Institute hosted Deputy Secretary of the Treasury Wally Adeyemo in New York for a meeting with economists and advocacy leaders to discuss what Treasury is doing to advance racial equity through the Biden-Harris economic agenda. The Deputy Secretary emphasized that the passage of the American Rescue Plan has given Treasury an opportunity to apply the principles of equity to the distribution of the nearly $1 trillion that the Department is providing to the American people, small businesses, and state and local governments. The Deputy Secretary also highlighted Treasury’s diversity recruitment efforts, increased funding to community financial depository institutions (CDFI) in order to expand access to capital to traditionally underserved groups, affordable housing issues, and the expanded advanced child tax credit.
###
As Prepared for DeliveryI. IntroductionGood afternoon. Thank you to the McCain Institute for the invitation…
WASHINGTON – Today the U.S. Department of the Treasury and Internal Revenue Service (IRS) released…
WASHINGTON — Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC)…
WASHINGTON – Today, the U.S. Department of the Treasury and Internal Revenue Service (IRS) outlined…
WASHINGTON—Acting Senior Deputy Comptroller and Chief Counsel Ted Dowd today testified on the Office of…
The Committee convened in a closed session at the Department of the Treasury at 9:00…