News Release 2021-106 | October 15, 2021 Share This Page: WASHINGTON—The Office of the Comptroller of the Currency (OCC) today released its bank supervision operating plan for fiscal year (FY) 2022. The plan provides the foundation for policy initiatives and for supervisory strategies as applied to individual national banks, federal savings associations, federal branches, federal agencies, […]
Category Archives: U.S. Treasury
Treasury and IRS Disburse Fourth Month of Advance Child Tax Credit Payments
Since July, Treasury and the IRS have delivered over $61 billion dollars in direct payments to families WASHINGTON — The U.S. Department of the Treasury and the Internal Revenue Service announced today that more than $15 billion dollars in payments were made to families that include roughly 61 million eligible children. This is the fourth […]
Treasury Continues Campaign to Combat Ransomware As Part of Whole-of-Government Effort
OFAC Issues Sanctions Compliance Guidance for Virtual Currency IndustryFinCEN Issues Report on Ransomware Trends in Bank Secrecy Act Data WASHINGTON – Building on the first-ever designation of a virtual currency exchange for facilitating transactions for ransomware actors, the U.S. Department of the Treasury announced additional steps today to help the virtual currency industry prevent exploitation […]
Remarks by Secretary of the Treasury Janet L. Yellen at the World Bank’s Making Climate Action Count: Turning Action into Reality
As prepared for delivery: Hi everyone. I’m Janet Yellen, the U.S. Treasury Secretary. I want thank President Malpass for the chance to say a few words about climate change, and the United States’ role in addressing this existential threat. As I record this video, a host of climate proposals are moving through our Congress. The […]
Statement from Secretary of the Treasury Janet L. Yellen for the Joint IMFC and Development Committee
WASHINGTON – The COVID-19 pandemic again overshadows the Annual Meetings of the International Monetary Fund and World Bank, continuing to exact its human and economic toll on our communities. I share the grief of those who have lost family and friends. New COVID variants heighten risks and threaten to exacerbate the already divergent economic recovery […]
Joint Statement on the Eighth U.S.-India Economic and Financial Partnership
WASHINGTON, DC—Today, U.S Treasury Secretary Janet L. Yellen and Indian Finance Minister Nirmala Sitharaman met for the eighth U.S.-India Economic and Financial Partnership. Following the conclusion of the dialogue, Secretary Yellen and Minister Sitharaman released the following joint statement: We were pleased to participate in the eighth ministerial meeting of the Economic and Financial Partnership […]
READOUT: Secretary of the Treasury Janet L. Yellen’s Meeting with G7 Finance Ministers and Central Bank Governors
WASHINGTON – Secretary of the Treasury Janet L. Yellen participated in an in-person meeting of the G7 Finance Ministers and Central Bank Governors today. G7 Finance Ministers applauded the historic deal between 136-nations that will reshape the international tax system and equip the global economy to meet the needs of the 21st century. Along with […]
READOUT: Secretary of the Treasury Janet L. Yellen’s Meeting with G20 Finance Ministers and Central Bank Governors
WASHINGTON – Secretary of the Treasury Janet L. Yellen participated in a meeting of the G20 Finance Ministers and Central Bank Governors today. They discussed a range of topics, including the current macroeconomic conditions, further progress on reforms to international taxation, coordination on vaccine distribution and longer-term pandemic preparedness, efforts within the G20 Finance Track […]
Treasury Launches Effort to Study Impact of Climate Change on Households and Communities
Financial Literacy and Education Commission Convenes Meeting to Explore Financial Risks to Households and Communities from Climate Change WASHINGTON — Today, the U.S. Department of the Treasury launched a new effort to study the impact of climate change on households and communities. The Financial Literacy and Education Commission (FLEC) convened a meeting, which was chaired […]
READOUT: Secretary of the Treasury Janet L. Yellen’s Meeting with Mexican Finance Secretary Rogelio Ramírez de la O
Yesterday, Secretary of the Treasury Janet L. Yellen met with Mexican Finance Secretary Rogelio Ramírez de la O. Secretary Yellen reinforced Treasury’s commitment to strengthen cooperation on illicit finance and to deepen U.S.-Mexico trade and economic ties. She welcomed Mexico’s efforts to increase social spending measures to help those struggling with the impact of the […]