Secretary of the Treasury Janet L. Yellen participated in a discussion with an interfaith group of high-ranking religious leaders, representing officials from large U.S. Christian and Jewish faiths and others from Jubilee USA Network. Jubilee USA is a non-profit organization that advocates for debt relief for developing countries, the provision of resources to help low […]
Category Archives: U.S. Treasury
READOUT: Secretary of the Treasury Janet L. Yellen’s Call with European Commissioner for Financial Stability, Financial Services and Capital Markets Union Mairead McGuinness
WASHINGTON – Earlier today, Secretary of the Treasury Janet L. Yellen spoke with European Commissioner for Financial Stability, Financial Services and Capital Markets Union Mairead McGuinness. Secretary Yellen emphasized the importance of the transatlantic partnership and conveyed her intention to deepen U.S.-European cooperation on key policy challenges, including ending the pandemic, supporting a strong global […]
READOUT: Secretary of the Treasury Janet L. Yellen’s Call with Indian Finance Minister Nirmala Sitharaman
WASHINGTON – Earlier today, Secretary of the Treasury Janet L. Yellen spoke with Indian Finance Minister Nirmala Sitharaman. Secretary Yellen emphasized India’s role as a critical partner in Asia and conveyed her intention to collaborate closely to support a strong global recovery from the COVID-19 pandemic, fight inequality, and advance a bold climate agenda. The […]
Treasury Department Begins Sending Economic Impact Payments from the American Rescue Plan to Americans
WASHINGTON – Today, the United States Department of the Treasury announced that Economic Impact Payments from the American Rescue Plan will begin rolling out in tranches to millions of Americans in the coming weeks. Following passage of the American Rescue Plan, which President Biden signed into law yesterday, the Treasury Department – through the Internal […]
Agencies Release Proposed New Interagency Questions and Answers Regarding Private Flood Insurance
News Release 2021-31 | March 11, 2021 Share This Page: Joint Release Board of Governors of the Federal Reserve SystemFarm Credit AdministrationFederal Deposit Insurance CorporationNational Credit Union AdministrationOffice of the Comptroller of the Currency WASHINGTON — Five federal regulatory agencies today requested public comment on 24 proposed Interagency Questions and Answers Regarding Private Flood Insurance. The […]
READOUT: Secretary of the Treasury Janet L. Yellen’s Call with Brazilian Economy Minister Paulo Guedes
WASHINGTON – Earlier today, Secretary of the Treasury Janet L. Yellen spoke with Brazilian Economy Minister Paulo Guedes. Secretary Yellen conveyed her intention to deepen cooperation with Brazil to address key regional and global challenges, including supporting a strong recovery from the COVID-19 pandemic, fighting inequality, developing sustainable infrastructure, and forcefully addressing the threat of […]
Statement from Secretary Yellen on President Biden’s Intention to Nominate Key Roles for Treasury
WASHINGTON – Today, President Biden announced his intention to nominate several key roles at the United States Department of the Treasury. The individuals he intends to nominate include: Nellie Liang as Under Secretary for Domestic Finance Lily Batchelder as Assistant Secretary for Tax Policy Jonathan Davidson as Assistant Secretary for Legislative Affairs Ben Harris as […]
Acting Comptroller Statement Supporting Minority Depository Institutions
News Release 2021-30 | March 9, 2021 Share This Page: WASHINGTON—Acting Comptroller of the Currency Blake Paulson issued the following statement supporting minority-owned banks and thrifts and the Emergency Capital Investment Program. Minority banks and thrifts play special roles in their communities as trusted providers of credit, capital, and services. They are frequently the economic heartbeat […]
Statement from Secretary of the Treasury Janet L. Yellen on the Passage of the American Rescue Plan
The numbers may not immediately reflect it, but today was a pivotal day for the American economy. From the time the pandemic began up until this very week, the economic data has contained deep pockets of pain. Roughly 18 million people are still receiving unemployment insurance, and nearly one million of the families relying on […]
United States Targets Family Members Profiting from Connection to Burmese Coup Leader
WASHINGTON – Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned the two adult children of the commander-in-chief of the Burmese military forces, Min Aung Hlaing, who is the leading actor in the overthrow of Burma’s democratically elected government, as well as six companies of his two adult children. Treasury […]