News Release 2021-18 | February 3, 2021 Share This Page: WASHINGTON — The Office of the Comptroller of the Currency (OCC) today announced that it will hold virtual Innovation Office Hours, March 17-18, to promote responsible innovation in the federal banking system. Office hours are one-on-one meetings with representatives from the OCC Office of Innovation to […]
Category Archives: U.S. Treasury
Treasury Announces Appointment of Several Members of Staff
WASHINGTON – Today, the United States Department of the Treasury announced the appointment of new members of key staff. This diverse and deeply experienced team is prepared to deliver results for the American people by getting the economy back on track, strengthening the financial system, and restoring jobs. Biographies of the appointees are listed below in […]
Minutes of the Meeting of the Treasury Borrowing Advisory Committee of the Securities Industry and Financial Markets Association February 2, 2021
The Committee convened in a closed session via teleconference at 9:00 a.m. All members were present, except for Christine Hurtsellers. Deputy Assistant Secretary for Federal Finance Brian Smith, Director of the Office of Debt Management Fred Pietrangeli, and Deputy Director of the Office of Debt Management Nick Steele welcomed the Committee, including the newest member […]
READOUT: Secretary of the Treasury Janet L. Yellen’s Meeting with a Bi-Partisan Group of Mayors
Secretary of the Treasury Janet L. Yellen participated in a virtual discussion with a bi-partisan group of mayors to discuss the unprecedented public health and economic crises that have left millions of Americans struggling to get by, as well as specific challenges facing cities across the country. The Secretary highlighted the merits of President Biden’s […]
READOUT: Secretary of the Treasury Janet L. Yellen’s Call with World Bank President David Malpass
Earlier today, Secretary of the Treasury Janet L. Yellen spoke with World Bank President David Malpass. During the call, they stressed the need for close coordination on efforts to respond to the health and economic impacts of the COVID-19 pandemic, improve vaccine access for the poorest countries, and combat climate change. Secretary Yellen emphasized that […]
READOUT: Secretary of the Treasury Janet L. Yellen’s Call with IMF Managing Director Kristalina Georgieva
Earlier today, Secretary of the Treasury Janet L. Yellen spoke with IMF Managing Director Kristalina Georgieva. Secretary Yellen conveyed her intention to work closely with the IMF on the priorities of continuing to respond effectively to the COVID-19 pandemic, re-invigorating economic growth to support a strong global recovery, fighting inequality, and forcefully addressing the threat […]
READOUT: Secretary of the Treasury Janet L. Yellen’s Call with Mexican Finance Minister Arturo Herrera Gutiérrez
Earlier today, Secretary of the Treasury Janet L. Yellen spoke with Mexican Finance Minister Arturo Herrera Gutiérrez. Secretary Yellen expressed her desire to continue the tradition of close U.S.-Mexico coordination on economic and security issues. She also outlined her priorities, including responding effectively to the COVID-19 pandemic, supporting a robust economic recovery, fighting inequality, and […]
Statement from Secretary of the Treasury Janet L. Yellen on the Congressional Budget Office Economic Outlook Report
Yesterday’s CBO forecast is more evidence that we desperately need Congress to act on a rescue package. Last year, the economy shrunk more than any other since the end of World War II. With the growth that the CBO projects, it will be years before the country reaches full employment again. Then there are the […]
READOUT: Secretary of the Treasury Janet L. Yellen’s Call with Italian Minister of Economy and Finance Roberto Gualtieri
Earlier today, Secretary of the Treasury Janet L. Yellen spoke with Italian Minister of Economy and Finance Roberto Gualtieri. Secretary Yellen conveyed her intention to work closely with Italy during its G20 presidency on their shared priorities of supporting a strong global recovery, fighting inequality, and forcefully addressing the threat of climate change. They also […]
Economy Statement for the Treasury Borrowing Advisory Committee of the Securities Industry and Financial Markets Association
In the final quarter of 2020, the U.S. economy expanded further, with growth in real GDP of 4.0 percent, according to the advance estimate released last Thursday. Despite this second consecutive quarter of growth, real GDP still declined 2.5 percent over the four quarters of 2020, given the severity of the contraction in the first […]