Category Archives: U.S. Treasury

Corresponding UN Security Council Designation Highlights Focus on Abuse of Migrants WASHINGTON — Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC), corresponding with an action by the United Nations Security Council, sanctioned Libyan national Osama Al Kuni Ibrahim (Al Kuni), who is responsible for serious human rights abuse against migrants […]

WASHINGTON — State and local governments distributed nearly $2.8 billion from the Department of Treasury’s Emergency Rental Assistance (ERA) program to more than 510,000 households in September, up from 459,000[1] in August. Through September 30, state, local, and Tribal governments have made over 2 million payments to households and distributed over $10 billion. The September […]

Dear Colleagues: We are writing to ask for your support at the upcoming G20 Health and Finance Ministerial to launch a forum for health and finance coordination. We have a political window of opportunity to act this month so that we are better prepared to prevent the next deadly pathogen from becoming a pandemic. While […]

WASHINGTON — Today, the U.S. Department of the Treasury announced the appointment of Ventris Gibson to serve as Deputy Director of the U.S Mint. Ms. Gibson brings decades of senior federal service to the role and is a United States Navy veteran. She will serve as Acting Director, making her the first Black person to […]

WASHINGTON — Today, Secretary of the Treasury Janet L. Yellen announced the appointment of Janis Bowdler to serve as the Department’s first Counselor for Racial Equity. Ms. Bowdler will be charged with coordinating Treasury’s efforts to advance racial equity including engaging with diverse communities throughout the country and to identify and mitigate barriers to accessing […]

WASHINGTON —  U.S. Secretary of the Treasury Janet L. Yellen and White House Office of Management and Budget (OMB) Acting Director Shalanda D. Young today released the final budget results for fiscal year (FY) 2021. The deficit in FY 2021 was $360 billion less than in the prior fiscal year, reflecting an improved economy due […]

WASHINGTON — Today, the U.S. Department of the Treasury announced that the United States joined other OECD Participants to the Arrangement on Officially Supported Export Credits in agreeing on new disciplines that prohibit export credits for all new unabated coal power generation technology.  Only carbon capture, utilization, and sequestration technology, or “CCUS,” qualifies as abatement. […]