Remarks of Deputy Secretary Justin Muzinich at the Atlantic Council Geoeconomics Center

Introduction – Transatlantic policy response to COVID-19 Thank you Julia. My thanks also to Steve Hadley for moderating the discussion. Congratulations to the Atlantic Council on the opening of the Center for Geoeconomics. Having spent time carefully looking at your goals, the Center is an extremely timely and worthwhile undertaking. More broadly, now more than […]

Readout from a Treasury Spokesperson on Secretary Mnuchin’s Call with Indian Ambassador to the United States Taranjit Singh Sandhu

WASHINGTON – On October 6, U.S. Treasury Secretary Steven T. Mnuchin spoke by phone with Indian Ambassador to the United States Taranjit Singh Sandhu.  Secretary Mnuchin and Ambassador Sandhu reaffirmed the strong bilateral relationship between the United States and India and discussed opportunities to deepen the economic partnership between the two countries.  They also discussed the […]

Treasury Sanctions Belarus Officials for Undermining Democracy

Washington – Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated eight individuals for their roles in the fraudulent August 9, 2020 Belarus presidential election or the subsequent violent crackdown on peaceful protesters. These designations, pursuant to Executive Order (E.O.) 13405, target individuals who are responsible for, or have participated […]

OCC Releases CRA Evaluations for 12 National Banks and Federal Savings Associations

News Release 2020-131 | October 1, 2020 Share This Page: WASHINGTON—The Office of the Comptroller of the Currency (OCC) today released a list of Community Reinvestment Act (CRA) performance evaluations that became public during the period of September 1, 2020 through September 30, 2020.  The list contains only national banks, federal savings associations, and insured federal […]

OCC Releases Bank Supervision Operating Plan for Fiscal Year 2021

News Release 2020-130 | October 1, 2020 Share This Page: WASHINGTON—The Office of the Comptroller of the Currency (OCC) today released its bank supervision operating plan for fiscal year (FY) 2021. The plan provides the foundation for policy initiatives and for supervisory strategies as applied to individual national banks, federal savings associations, federal branches, federal agencies, […]

Treasury Department Issues Ransomware Advisories to Increase Awareness and Thwart Attacks

Advisories provide guidance and tools to recognize, resist, and report attacks WASHNGTON—The U.S. Department of the Treasury’s Office of Terrorism and Financial Intelligence today issued a pair of advisories to assist U.S. individuals and businesses in efforts to combat ransomware scams and attacks, which continue to increase in size and scope. Anti-money laundering and sanctions […]

Treasury Continues Targeting Facilitators of Assad Regime

Washington – Today, as part of the U.S. government’s continued effort to achieve a peaceful, political resolution of the Syrian conflict, the U.S. Department of the Treasury is taking action against key enablers of the Assad regime that are associated with the Fourth Division of the Syrian Arab Army, the Syrian General Intelligence Directorate, and […]

Agencies Issue Two Final Rules

News Release 2020-129 | September 29, 2020 Share This Page: Joint Release Board of Governors of the Federal Reserve SystemFederal Deposit Insurance CorporationOffice of the Comptroller of the Currency The federal bank regulatory agencies finalized two rules, which are either identical or substantially similar to interim final rules currently in effect and issued earlier this year. […]

Treasury Concludes Loans to Seven Major Airlines, Supports Additional Relief for Aviation Industry Workers

WASHINGTON – Today, the U.S. Department of the Treasury announced that it has closed loans to seven large passenger air carriers under Division A, Title IV, Subtitle A of the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The seven air carriers are Alaska Airlines, American Airlines, Frontier Airlines, JetBlue Airways, Hawaiian Airlines, SkyWest Airlines, […]

Readout from a Treasury Spokesperson on Secretary Mnuchin’s Meeting with Saudi Minister and Advisor to the Royal Court Mohammed Al-Tuwaijri

WASHINGTON – Today U.S. Treasury Secretary Steven T. Mnuchin met with Saudi Minister and Advisor to the Royal Court, Mohammed Al-Tuwaijri.  The Secretary and Minister discussed the World Trade Organization, the economic impact of the coronavirus pandemic and associated response measures, and other topics of mutual interest.  #### Related posts: Statement from United States Treasury […]