Washington – Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated seven Venezuelan government officials who, on behalf of former Venezuelan President Nicolás Maduro, led a failed attempt to illegitimately seize control of the National Assembly and block interim President Juan Guaidó and other deputies from participating in a constitutionally […]
Category Archives: U.S. Treasury
Treasury Releases Report on Macroeconomic and Foreign Exchange Policies of Major Trading Partners of the United States
Washington – The U.S. Department of the Treasury today delivered to Congress the semiannual Report on Macroeconomic and Foreign Exchange Policies of Major Trading Partners of the United States. In this Report, Treasury reviewed and assessed the policies of 20 major U.S. trading partners. Treasury also assessed developments over the last several months with China […]
Treasury Releases Final Regulations to Reform National Security Reviews for Certain Foreign Investments and Other Transactions in the United States
Washington – The U.S. Department of the Treasury today issued two final regulations in order to comprehensively implement the Foreign Investment Risk Review Modernization Act of 2018 (FIRRMA) and to provide the Committee on Foreign Investment in the United States (CFIUS) with the ability to better address national security concerns arising from certain investments and […]
Treasury Targets Iran’s Billion Dollar Metals Industry and Senior Regime Officials
Action coincides with President’s Executive Order expanding authorities to target additional sources of revenue used by the Iranian regime WASHINGTON – Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) took action against eight senior Iranian regime officials who have advanced the regime’s destabilizing objectives, as well as the largest steel, […]
Treasury Sanctions South Sudanese First Vice President for Role in Serious Human Rights Abuse
Washington – Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned the First Vice President of South Sudan, Taban Deng Gai (Deng) for his involvement in serious human rights abuse, including the disappearance and deaths of civilians. Deng has acted to divide and sow distrust within the Sudan People’s Liberation […]
Counterfeit Cashier’s Checks of Stephenson National Bank & Trust, Marinette, Wis.
Alert 2020-2| January 7, 2020 Share This Page: To Chief Executive Officers of All National Banks and Federal Savings Associations; All State Banking Authorities; Chair, Board of Governors of the Federal Reserve System; Chair, Federal Deposit Insurance Corporation; Conference of State Bank Supervisors; Deputy Comptrollers (Districts); Assistant Deputy Comptrollers; District Counsels; and All Examining Personnel The […]
Counterfeit Cashier’s Checks of First National Bank of Scott City, Scott City, Kan.
Alert 2020-1| January 7, 2020 Share This Page: To Chief Executive Officers of All National Banks and Federal Savings Associations; All State Banking Authorities; Chair, Board of Governors of the Federal Reserve System; Chair, Federal Deposit Insurance Corporation; Conference of State Bank Supervisors; Deputy Comptrollers (Districts); Assistant Deputy Comptrollers; District Counsels; and All Examining Personnel The […]
Statement by Secretary Mnuchin on the Confirmation of Jovita Carranza as Administrator of the Small Business Administration
Washington – U.S. Treasury Secretary Steven T. Mnuchin issued the following statement after Jovita Carranza’s confirmation as the Administrator of the Small Business Administration (SBA). “I commend the Senate for its overwhelmingly bipartisan vote, 88-5, to confirm Jovita Carranza as the Administrator of the Small Business Administration. At the Treasury Department, Jovita worked to advance […]
Brian James Selected to be Deputy Comptroller for the Central District
News Release 2020-3 | January 6, 2020 Share This Page: WASHINGTON—The Office of the Comptroller of the Currency (OCC) today announced Brian James as Deputy Comptroller for the Central District. In this role, Mr. James will oversee 320 community banks and federal savings associations and manage more than 380 examiners and other professional personnel who ensure […]
OCC Releases CRA Evaluations for 24 National Banks and Federal Savings Associations
News Release 2020-2 | January 2, 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 December 1, 2019 through December 31, 2019. The list contains only national banks, federal savings associations, and insured federal […]