Categories: U.S. Treasury

Statement from U.S. Treasury Secretary Steven T. Mnuchin on the Proposed Appointment of Geoffrey Okamoto as First Deputy Managing Director of the International Monetary Fund

WASHINGTON – U.S. Treasury Secretary Steven T. Mnuchin today issued the following statement on the proposed appointment of Acting Assistant Secretary Geoffrey Okamoto as First Deputy Managing Director of the International Monetary Fund:

“I applaud Managing Director Georgieva’s proposal to appoint Geoffrey Okamoto as First Deputy Managing Director of the IMF.  As Acting Assistant Secretary for International Finance and Development and Acting Under Secretary for International Affairs, Geoffrey Okamoto has played a key role in the some of the most consequential trade, development, and international monetary policy issues facing our nation and the world.  His leadership in China trade negotiations, bilateral and multilateral engagements through the G7 and G20, and U.S. participation in international financial institutions, has been invaluable.  His deep expertise on policies to stabilize countries experiencing economic shocks, and effective management skills, will be an asset to the Fund, its member countries, and all those the IMF serves.”

####

IR Press

Share
Published by
IR Press

Recent Posts

Treasury Issues Final Rule Expanding CFIUS Coverage of Real Estate Transactions Around More Than 60 Military Installations

WASHINGTON – Today, the U.S. Department of the Treasury (Treasury), as Chair of the Committee…

2 days ago

U.S. Department of the Treasury’s CDFI Fund and Federal Housing Finance Agency Collaborate to Bolster CDFI Access to Capital

WASHINGTON—Today, the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) and…

2 days ago

Report on U.S. Portfolio Holdings of Foreign Securities at Year-End 2023

Washington – The findings from the annual survey of U.S. portfolio holdings of foreign securities…

3 days ago

READOUT: U.S. Department of the Treasury Hosts Roundtable Discussion on the Financial Sector’s Response to Recent Hurricanes

WASHINGTON – The U.S. Department of the Treasury hosted a roundtable on October 30 with…

3 days ago

READOUT: Sixth Meeting of the Financial Working Group Between the United States and the People’s Republic of China

WASHINGTON – The United States and the People’s Republic of China held the sixth meeting…

3 days ago

Treasury Sanctions Key Members of La Linea, a Group Involved in Trafficking Fentanyl into the United States

WASHINGTON — Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned…

3 days ago