WASHINGTON — Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned General Filipos Woldeyohannes (Filipos), the Chief of Staff of the Eritrean Defense Forces (EDF), for being a leader or official of an entity that is engaged in serious human rights abuse committed during the ongoing conflict in Tigray. Filipos […]
Category Archives: U.S. Treasury
The United States Department of the Treasury and the Monetary Authority of Singapore Finalize a Memorandum of Understanding on Cybersecurity Cooperation
WASHINGTON – On August 23, 2021, the United States Department of the Treasury (“Treasury”) and the Monetary Authority of Singapore (“MAS”) announced the finalization of a bilateral Memorandum of Understanding (“MoU”) on Cybersecurity Cooperation. This announcement was made during Vice President Kamala Harris’ visit to Singapore, where both the US and Singapore recognized the importance […]
Treasury Department Releases Letter to Nonfinancial Corporate Stakeholders on LIBOR Transition
WASHINGTON – Today, U.S. Secretary of the Treasury Janet L. Yellen, Chair of the Board of Governors of the Federal Reserve System Jerome H. Powell, Chair of the Securities and Exchange Commission Gary Gensler, President and Chief Executive Officer of the Federal Reserve Bank of New York John C. Williams, and Acting Chairman of the […]
Treasury Sanctions Russian Operatives and Entities Linked to the Poisoning of Aleksey Navalny, Chemical Weapons Program
WASHINGTON – Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) and the U.S. Department of State joined the United Kingdom in imposing additional sanctions on Russia in response to the state-sponsored poisoning of Russian opposition leader Aleksey Navalny that took place one year ago today. Specifically, OFAC is designating nine […]
Secretary of the Treasury Janet L. Yellen Sends Letter with Secretary of the Department of Labor Martin J. Walsh to Congressional Leaders on Unemployment Insurance
WASHINGTON — Today, U.S. Secretary of the Treasury Janet L. Yellen and Secretary of the Department of Labor Martin J. Walsh sent a letter to Senate Finance Committee Chairman Wyden and House Ways and Means Committee Chairman Neal on the expiration of emergency unemployment insurance. The full text of the letter is available here and […]
Treasury Sanctions Senior Cuban Officials in Response to Violence Against Peaceful Demonstrators
WASHINGTON — Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned three Cuban individuals pursuant to Executive Order (E.O.) 13818, which builds upon and implements the Global Magnitsky Human Rights Accountability Act and targets perpetrators of serious human rights abuse and corruption around the world. This is the fourth round […]
READOUT: Deputy Secretary of the Treasury Wally Adeyemo’s visit to Maryland Emergency Rental Assistance grantee
WASHINGTON – Earlier today, Deputy Secretary of the Treasury Wally Adeyemo participated in a roundtable discussion hosted by Housing Initiative Partnership (HIP) in Hyattsville, Maryland where he heard from tenants, landlords, community leaders and administrators of Prince George’s County’s effective Emergency Rental Assistance (ERA) program. Despite having to build their program largely from scratch, Prince […]
Treasury Announces Fossil Fuel Energy Guidance for Multilateral Development Banks
WASHINGTON – Today, the U.S. Department of the Treasury issued Fossil Fuel Energy Guidance for Multilateral Development Banks (MDBs), which is key Guidance in response to President Biden’s Executive Order 14008 on Tackling the Climate Crisis At Home and Abroad announced earlier this year. In its Guidance, Treasury advocates for MDB investments prioritizing clean energy, […]
Treasury and IRS Disburse Second Month of Advance Child Tax Credit Payments
Treasury Plans Permanent Mobile-Friendly and Multi-Lingual Sign-up Tool for Non-Filers, Announces New Sign-up Tool Created by Code for America WASHINGTON — The U.S. Department of the Treasury and the Internal Revenue Service announced today that more than $15 billion were paid to families that include roughly 61 million eligible children in the second monthly payment […]
Treasury Sanctions Cuban Ministry of Interior Officials and Military Unit in Response to Violence Against Peaceful Demonstrators
WASHINGTON — Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned two Cuban individuals and one Cuban entity pursuant to Executive Order (E.O.) 13818, which builds upon and implements the Global Magnitsky Human Rights Accountability Act and targets perpetrators of serious human rights abuse and corruption around the world. This […]