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 […]

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 […]

Joint Call of Finance Ministers

WASHINGTON – The Hon Josh Frydenberg MP, Treasurer, Australia; the Hon Bill Morneau, Minister for Finance, Canada; the Rt Hon Rishi Sunak MP, Chancellor of the Exchequer, United Kingdom; the Hon Steven T. Mnuchin, Secretary of the Treasury, United States, issued the following joint statement: Today Australia hosted a call with the Finance Ministers of […]

Treasury Targets Financier’s Illicit Sanctions Evasion Activity

WASHINGTON – Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) took further action as part of its ongoing sanctions efforts regarding financier Yevgeniy Prigozhin (Prigozhin), by targeting entities located in Sudan, Hong Kong, and Thailand that have enabled his ability to evade U.S. sanctions. The actors targeted today have directly facilitated […]

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. […]

Charles W. Calomiris Named Senior Deputy Comptroller for Economics

News Release 2020-90 | July 13, 2020 Share This Page: WASHINGTON—The Office of the Comptroller of the Currency (OCC) today announced that Charles W. Calomiris, Ph.D. will be the agency’s next Senior Deputy Comptroller for Economics. As the agency’s chief economist, Dr. Calomiris will oversee the OCC’s Economics Department, providing economic, risk, and policy analysis to […]