OCC Reports Third Quarter 2024 Bank Trading Revenue

WASHINGTON—The Office of the Comptroller of the Currency (OCC) reported cumulative trading revenue of U.S. commercial banks and savings associations…

2 weeks ago

U.S. Treasury Announces $47 Million in Awards from the SIPPRA Program

WASHINGTON – The U.S. Department of the Treasury is pleased to announce the next round of awards from the Social…

2 weeks ago

Acting Comptroller Discusses the Increasing Prevalence of Financial Fraud

WASHINGTON—Acting Comptroller of the Currency Michael J. Hsu today discussed the rising challenge of financial fraud, emphasizing its pervasive impact…

2 weeks ago

Treasury Department Announces Disbursement of $20 Billion Loan to Benefit Ukraine, To Be Repaid with Proceeds Earned from Immobilized Russian Sovereign Assets

WASHINGTON — Today, the United States Department of the Treasury is announcing the disbursement of $20 billion for the benefit…

2 weeks ago

Treasury Sanctions Cybersecurity Company Involved in Compromise of Firewall Products and Attempted Ransomware Attacks

WASHINGTON — Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) is sanctioning cybersecurity company Sichuan Silence…

2 weeks ago

Joint Statement on the EU-U.S. Joint Financial Regulatory Forum

Washington, D.C. — The EU-U.S. Joint Financial Regulatory Forum took place on December 4-5, 2024, with participants exchanging views on…

2 weeks ago

Treasury Sanctions Global Gold Smuggling Network

On International Anti-Corruption Day, OFAC takes action in coordination with domestic and foreign partnersWASHINGTON — Today, on International Anti-Corruption Day,…

2 weeks ago

Treasury Marks International Human Rights Day and Designates Perpetrators and Supporters of Serious Human Rights Abuse

WASHINGTON — In recognition of International Human Rights Day (IHRD), the U.S. Department of the Treasury’s Office of Foreign Assets…

2 weeks ago

Financial Stability Oversight Council Releases 2024 Annual Report

WASHINGTON – The Financial Stability Oversight Council (Council) today unanimously approved its 2024 annual report. The annual report reviews developments…

3 weeks ago

READOUT: Financial Stability Oversight Council Meeting on December 6, 2024

WASHINGTON – Today, U.S. Secretary of the Treasury Janet L. Yellen convened a meeting of the Financial Stability Oversight Council (Council) in…

3 weeks ago