Categories: U.S. Treasury

READOUT: Deputy Secretary Adeyemo Meeting with Tribal Leaders

WASHINGTON – Today, Deputy Secretary of the Treasury Wally Adeyemo and Chief Recovery Officer Jacob Leibenluft met with Tribal Leaders and Tribal organizations to discuss economic recovery for Tribal governments and communities. Treasury is the lead federal department for Indian Country’s  economic recovery, managing approximately $30 billion in Tribal set asides across seven programs for over 582 Tribes and 190 Alaska Native corporations. These programs are administrated by Treasury’s Office of Recovery Programs and includes staff fully dedicated to supporting Tribal communities. Deputy Secretary Adeyemo said Treasury has worked to disburse these funds quickly and equitably to Tribal governments after robust Tribal consultation. 

The Deputy Secretary acknowledged that the losses Tribal nations have experienced through the pandemic have been exacerbated by the public health, infrastructure, and economic disparities that impacted Tribal communities prior to the pandemic and became lethal during this crisis. He said addressing such structural inequities, for Tribal and non-Tribal communities, is a recovery priority the Biden Administration. Treasury officials and Tribal leaders also discussed support for Tribal economic development and inclusion of Tribal governments and communities in Treasury’s work department-wide. 

Participants included:
•    Shannon Holsey, President, Stockbridge-Munsee Band of Mohicans
•    Richard Peterson, President, Central Council of the Tlingit and Haida Indian Tribes of Alaska 
•    Cheryl Andrews-Maltais, Chairwoman, Wampanoag Tribe of Gay Head Acquinnah 
•    Ron Allen, Chairman, Jamestown S’Klallam Tribe
•    Kirk Francis, Chief, Penobscot Indian Nation
•    Mark Macarro, Chairman, Pechanga Band of Luiseño Mission Indians
•    Rico Frias, Executive Director, Native American Finance Officers Association
•    Dante Desiderio, CEO, National Congress of American Indians
•    Kitcki A. Carroll, Executive Director, United South and Eastern Tribes

###
 

IR Press

Share
Published by
IR Press

Recent Posts

OCC Announces Enforcement Actions for November 2024

WASHINGTON—The Office of the Comptroller of the Currency (OCC) today released enforcement actions taken against…

4 hours ago

Treasury Sanctions Gazprombank and Takes Additional Steps to Curtail Russia’s Use of the International Financial System

Treasury imposes sanctions on dozens of Russian banks, securities registrars, and finance officials; OFAC issues…

20 hours ago

Acting Comptroller Testifies on State of the Federal Banking System

WASHINGTON—Acting Comptroller Michael J. Hsu today testified on the state of the federal banking system…

1 day ago

Remarks by Assistant Secretary for International Finance Brent Neiman on the U.S. Cross-Border Payments Agenda

As Prepared for Delivery Thank you very much for the opportunity to be here today, and…

3 days ago

Remarks by Assistant Secretary for Investment Security Paul Rosen at the Third Annual CFIUS Conference

As Prepared for Delivery Good afternoon.  I’d like to start by thanking our panelists today for…

3 days ago