WASHINGTON – Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated Juan Carlos Ortega Murillo, son of Nicaraguan President Daniel Ortega; Jose Jorge Mojica Mejia; and two companies they use in an effort to distribute regime propaganda and launder money. “President Ortega and his corrupt inner circle prioritize their own […]
Category Archives: U.S. Treasury
Statement of Secretary Steven T. Mnuchin Department of the Treasury Before the Committee on Small Business United States House of Representatives July 17, 2020
Chairwoman Velázquez, Ranking Member Chabot, and members of the Committee, I am pleased to join you today to discuss how the Department of the Treasury and the Small Business Administration (SBA) are working together to provide relief to businesses and their workers through the Paycheck Protection Program (PPP). We remain committed to making sure that every […]
Statement from Secretary Steven T. Mnuchin on the Expansion of the Main Street Lending Program to Support Lending to Nonprofit Organizations
WASHINGTON – U.S. Treasury Secretary Steven T. Mnuchin issued the following statement on the expansion of the Main Street Lending Program to provide greater access to credit for nonprofit organizations: “I have sent letters to Federal Reserve Board Chairman Jerome Powell approving the expansion of the Main Street Lending Program to include the Nonprofit Organization New Loan […]
Treasury International Capital Data for May
Washington – The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for May 2020. The next release, which will report on data for June 2020, is scheduled for August 17, 2020. The sum total in May of all net foreign acquisitions of long-term securities, short-term U.S. securities, and banking flows was […]
OCC Seeks Members for Minority Depository Institutions Advisory Committee
News Release 2020-94 | July 15, 2020 Share This Page: WASHINGTON — The Office of the Comptroller of the Currency (OCC) is seeking nominations for members of its Minority Depository Institutions Advisory Committee (MDIAC). The MDIAC assists the OCC in assessing the needs and challenges facing minority depository institutions. The OCC is seeking nominations of officers […]
OCC Seeks Nominations for Mutual Savings Association Advisory Committee
News Release 2020-93 | July 15, 2020 Share This Page: WASHINGTON—The Office of the Comptroller of the Currency (OCC) is seeking nominations for members of its Mutual Savings Association Advisory Committee (MSAAC). The MSAAC provides the OCC with advice and recommendations regarding the current and future circumstances and needs of mutual savings associations. Officers or directors […]
OCC’s Mutual Savings Association Advisory Committee Charter Renewed
News Release 2020-92 | July 15, 2020 Share This Page: WASHINGTON—The Office of the Comptroller of the Currency (OCC) has renewed the charter of its Mutual Savings Association Advisory Committee (MSAAC), which advises the agency on issues and opportunities facing mutual savings institutions. “The Mutual Savings Association Advisory Committee is an important resource for OCC to […]
OCC Renews Minority Depository Institutions Advisory Committee Charter
News Release 2020-91 | July 15, 2020 Share This Page: WASHINGTON—The Office of the Comptroller of the Currency (OCC) has renewed the charter of its Minority Depository Institutions Advisory Committee (MDIAC), which advises the agency on issues and opportunities facing minority depository institutions. “The Minority Depository Institutions Advisory Committee provides the OCC with important insight on […]
Terrorist Financing Targeting Center Sanctions Network of ISIS-Linked Financial Facilitators and Money Services Businesses
Washington – Today, the seven member nations of the Terrorist Financing Targeting Center (TFTC) jointly designated six targets affiliated with the Islamic State of Iraq and Syria (ISIS). Three entities and one individual located in Turkey and Syria have provided a critical financial and logistical lifeline to ISIS, its branches, and its global facilitation networks. […]
Readout from a Treasury Spokesperson of Secretary Mnuchin’s call with the Finance Ministers of Australia, Canada, and the United Kingdom
WASHINGTON – Today, Secretary Mnuchin participated in a call with the Finance Ministers of Australia, Canada and the United Kingdom, hosted by Australian Treasurer Josh Frydenberg. The Ministers discussed policies to combat unemployment and support jobs in industries adversely impacted by the COVID-19 pandemic. Secretary Mnuchin emphasized that restoring a strong labor market is fundamental […]