OCC Appoints Receiver for The First National Bank of Lindsay, Lindsay, Oklahoma

WASHINGTON—The Office of the Comptroller of the Currency (OCC) today appointed the Federal Deposit Insurance Corporation (FDIC) as receiver for…

1 month ago

Joint Statement of Janet L. Yellen, Secretary of the Treasury, and Shalanda D. Young, Director of the Office of Management and Budget, on Budget Results for Fiscal Year 2024

WASHINGTON – U.S. Secretary of the Treasury Janet L. Yellen and Office of Management and Budget (OMB) Director Shalanda D.…

1 month ago

READOUT: Financial Stability Oversight Council Meeting on October 18, 2024

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

1 month ago

OCC Announces Enforcement Actions for October 2024

WASHINGTON—The Office of the Comptroller of the Currency (OCC) today released enforcement actions taken against national banks and federal savings…

1 month ago

Remarks by Secretary of the Treasury Janet L. Yellen at the Council on Foreign Relations

As Prepared for DeliveryThank you. Before our discussion, I’d like to speak to the Biden-Harris Administration’s international economic policy, which…

1 month ago

READOUT: U.S. Department of the Treasury Hosts Roundtable Discussion on How Financial Institutions Can Support Tribal Nations in Accessing Capital

WASHINGTON – This week, the U.S. Department of the Treasury (Treasury) hosted a roundtable with stakeholders from across the Tribal…

1 month ago

Treasury Announces Enhanced Fraud Detection Processes, Including Machine Learning AI, Prevented and Recovered Over $4 Billion in Fiscal Year 2024

Treasury’s Office of Payment Integrity Began Using Enhanced Processes, including Machine Learning AI, to Deal with Increased Fraud and Improper…

1 month ago

Treasury Sanctions Network for Shipping Oil on Behalf of Iran-Backed Houthi Financier

WASHINGTON — Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned eighteen companies, individuals, and vessels…

1 month ago

Treasury Targets Actors Involved in Drone Production for Russia’s War Against Ukraine

WASHINGTON — Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is targeting three entities and…

1 month ago

U.S. Department of the Treasury Reaches Major Milestone, Approving Over $500 Million to Support Small Businesses in Tribal Nations

Treasury’s allocation of over $500 million in SSBCI funding to Tribal Nations is the largest federal investment in Indian Country…

1 month ago