Category Archives: U.S. Treasury

ROME — Secretary of the Treasury Janet L. Yellen released the following statement on the historic endorsement of the global minimum tax by G20 countries: “Today, every G20 head of state endorsed an historic agreement on new international tax rules, including a global minimum tax that will end the damaging race to the bottom on […]

WASHINGTON — Today U.S. Deputy Secretary of the Treasury Wally Adeyemo traveled to Bethlehem and Philadelphia, Pennsylvania, to visit local programs funded by the American Rescue Plan and share how President Biden’s new Build Back Better framework will level the playing field for the middle class. The trip marked Deputy Secretary Adeyemo’s first visit to […]

WASHINGTON – The findings from the annual survey of U.S. portfolio holdings of foreign securities at year-end 2020 were released today and posted on the Treasury web site at https://home.treasury.gov/data/treasury-international-capital-tic-system/tic-forms-instructions/us-claims-on-foreigners-from-holdings-of-foreign-securities The survey was undertaken jointly by the U.S. Department of the Treasury, the Federal Reserve Bank of New York, and the Board of Governors of […]

29 October 2021, Rome, Italy The COVID-19 pandemic continues to have profound impacts worldwide. The severe mortality, morbidity and hospitalisation of affected patients have clearly revealed weaknesses in pandemic prevention, preparedness, and response (PPR), health systems and services, information, and education. At the same time, the pandemic has taken a heavy toll on the global […]

WASHINGTON — Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated members of a network of companies and individuals that have provided critical support to the Unmanned Aerial Vehicle (UAV) programs of Iran’s Islamic Revolutionary Guard Corps (IRGC) and its expeditionary unit, the IRGC Qods Force (IRGC-QF). OFAC is also […]

ROME — Secretary of the Treasury Janet L. Yellen released the following statement on today’s announcement of the Build Back Better framework: “Any one of the proposals contained in this framework – childcare, climate change investments, universal pre-K – would be a remarkable achievement, but together, they represent something truly historic: a new period of […]

On October 28, 2021, the United States and the European Union held the fourth meeting of the Joint Committee established under the U.S.-EU Agreement on Prudential Measures Regarding Insurance and Reinsurance (“the Agreement” hereafter). The United States and the European Union signed the Agreement on September 22, 2017, and the Agreement entered into force on […]

WASHINGTON – Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated two Lebanese businessmen and a member of Parliament whose actions have contributed to the breakdown of good governance and the rule of law in Lebanon.  Jihad al-Arab, Dany Khoury, and Jamil Sayyed have each personally profited from the pervasive […]

WASHINGTON – Today, U.S. Deputy Secretary of the Treasury Wally Adeyemo met with members of the Affordable Housing Developers Council (AHDC) to discuss the need for more affordable housing options and efforts to keep people safely housed during the pandemic. Deputy Secretary Adeyemo highlighted the work Treasury is doing through the Emergency Rental Assistance program, […]