TREASURY TO ISSUE NEW 20-YEAR BOND IN FIRST HALF OF 2020

WASHINGTON — The U.S. Department of the Treasury today announced it plans to issue a 20-year nominal coupon bond in the first half of calendar year 2020.  Over the past several years, Treasury has explored a range of potential new debt products, including 20-year, 50-year, and 100-year bonds, as well as floating-rate notes linked to […]

Treasury International Capital Data for November

Washington – The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for November 2019.  The next release, which will report on data for December 2019, is scheduled for February 18, 2020. The sum total in November of all net foreign acquisitions of long-term securities, short-term U.S. securities, and banking flows was […]

Joint Statement of Egypt, Ethiopia, Sudan, the United States and the World Bank

Washington, DC – The Ministers of Foreign Affairs and Water Resources of Egypt, Ethiopia and Sudan and their delegations met with the Secretary of the Treasury and the President of the World Bank, participating as observers, in Washington, D.C. on January 13-15, 2020.  The Ministers noted the progress achieved in the four technical meetings among […]

Treasury Sanctions Entities for Facilitating the Exportation of Workers from North Korea

WASHINGTON – Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced two North Korea-related designations focusing on the Government of North Korea’s continued supply of illicit labor to overseas markets.  The Government of North Korea continues to use the illicit exportation of North Korean labor to generate income overseas in […]

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 Officials Involved in Illegitimate Attempted Takeover of the Venezuelan National Assembly

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 […]

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 […]