Category Archives: U.S. Treasury

WASHINGTON – U.S. Treasury Secretary Steven T. Mnuchin issued the following statement on the rescission of Sudan’s State Sponsor of Terrorism designation:  “The rescission of Sudan from the State Sponsor of Terrorism list today opens a new chapter in relations between the United States and Sudan.  We commend the efforts of Prime Minister Abdalla Hamdok’s […]

Designations target human rights abusers in Haiti, Yemen, and Russia  WASHINGTON– Today, on International Human Rights Day, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is targeting perpetrators of serious human rights abuse across several countries in the Western Hemisphere, Middle East, and Eurasia. Today’s actions are taken pursuant to Executive […]

Senator Toomey, Representative Hill, Representative Shalala, and Commissioner Ramamurti, I am pleased to join you today to discuss the Department of the Treasury’s work to execute the National Security Loan Program established in the CARES Act. Treasury has worked diligently to implement every piece of the CARES Act, including the National Security Loan Program, efficiently […]

Global Magnitsky designations target corrupt actors and their networks on International Anti-Corruption Day Washington – Today, on International Anti-Corruption Day, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is targeting corrupt actors and their networks across several countries in Africa and Asia. Today’s actions are taken pursuant to Executive Order (E.O.) […]

Hasan Irlu has supported IRGC-QF efforts to equip and train the Houthis; Al-Mustafa International University is a recruiting ground for the IRGC-QF Washington – Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is designating Hasan Irlu, an official in Iran’s Islamic Revolutionary Guard Corps-Qods Force (IRGC-QF) and the Iranian regime’s […]

WASHINGTON – Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated six entities and identified four vessels related to the transport of North Korean coal. Such actions address the transportation and exportation of North Korean coal in violation of UN Security Council resolution (UNSCR) 2371 and underscore that entities within […]

WASHINGTON – Today, U.S. Treasury Secretary Steven T. Mnuchin hosted a discussion with Finance Ministers and Central Bank Governors from Canada, France, Germany, Italy, Japan, the United Kingdom, the European Commission, and the Eurogroup.  The heads of the IMF, World Bank, and Financial Stability Board also joined the discussion.  This is the 12th G7 meeting […]