FDIC and OCC Announce 30-day Extension of Comment Period for Proposed Changes to Community Reinvestment Act Rules

News Release 2020-19 | February 19, 2020 Share This Page: Joint Release Federal Deposit Insurance CorporationOffice of Comptroller of the Currency WASHINGTON—The Federal Deposit Insurance Corporation (FDIC) and Office of the Comptroller of the Currency (OCC) today extended the public comment period for proposed changes to the rules implementing the Community Reinvestment Act (CRA) until April […]

OCC Hosts Miami Workshop for Board Directors and Bank Management

News Release 2020-18 | February 19, 2020 Share This Page: WASHINGTON—The Office of the Comptroller of the Currency (OCC) will host a workshop in Miami at the Even Hotel – Miami Airport, March 31 – April 1, for directors, senior management team members, and other key executives of national community banks and federal savings associations supervised […]

Joint Statement on the U.S. – EU Financial Regulatory Forum

Washington, DC — U.S. and EU participants in the U.S. – EU Financial Regulatory Forum met on February 11-12, 2020 in Washington to exchange views on financial regulatory developments as part of their ongoing regulatory dialogue. EU participants included representatives of the European Commission, European Banking Authority (EBA), European Securities and Markets Authority (ESMA), European […]

Treasury International Capital Data for December

Washington – The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for December 2019.  The next release, which will report on data for January 2020, is scheduled for March 16, 2020. The sum total in December of all net foreign acquisitions of long-term securities, short-term U.S. securities, and banking flows was […]

Treasury Targets Russian Oil Brokerage Firm for Supporting Illegitimate Maduro Regime

Washington – The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) today designated Rosneft Trading S.A., the Swiss-incorporated, Russian-controlled oil brokerage firm pursuant to Executive Order (E.O.) 13850, as amended, for operating in the oil sector of the Venezuelan economy. OFAC also designated the chairman of the board of directors and president of […]

Secretary Mnuchin to Attend G20 Finance Ministers and Central Bank Governors Meeting in Saudi Arabia

WASHINGTON – The U.S. Department of the Treasury today announced that Secretary Steven T. Mnuchin will travel to Saudi Arabia to attend the G20 Finance Ministers and Central Bank Governors Meeting in Riyadh from February 22-23, 2020. “This trip will focus on advancing the Trump Administration’s economic agenda and working with international partners to address […]

Statement of Secretary Steven T. Mnuchin Department of the Treasury Before the Committee on Finance United States Senate

Chairman Grassley, Ranking Member Wyden, and members of the Committee, I am pleased to be with you today to discuss the President’s Fiscal Year (FY) 2021 Budget and the Treasury Department’s top priorities. President Trump’s economic freedom agenda is working.  Tax cuts, regulatory reform, and better trade deals are improving the lives of hardworking Americans.  […]

Statement from United States Treasury Secretary Steven T. Mnuchin on the Women’s Global Development and Prosperity Initiative

Washington – U.S. Treasury Secretary Steven T. Mnuchin issued the following statement today in recognition of the one-year anniversary of the Women’s Global Development and Prosperity (W-GDP) Initiative: “The Treasury Department is proud to support the vital work of the W-GDP Initiative and the Women Entrepreneurs Finance Initiative to promote women’s entrepreneurship and economic empowerment. […]

Statement of Secretary Steven T. Mnuchin Before the United States Senate Committee on Finance

Chairman Grassley, Ranking Member Wyden, and members of the Committee, I am pleased to be with you today to discuss the President’s Fiscal Year (FY) 2021 Budget and the Treasury Department’s top priorities. President Trump’s economic freedom agenda is working.  Tax cuts, regulatory reform, and better trade deals are improving the lives of hardworking Americans.  […]

Statement from Secretary Steven T. Mnuchin on President Trump’s FY 2021 Budget Proposal

Washington – U.S. Treasury Secretary Steven T. Mnuchin issued the following statement today in conjunction with President Donald J. Trump’s budget proposal for Fiscal Year 2021: “President Trump’s FY 2021 Budget released today prioritizes Treasury’s role in fostering a strong economy in the United States, ensuring financial stability abroad, strengthening national security, and effectively managing […]