Treasury Tightens Sanctions on Belarus’s Military Support to Russia and Lukashenka Regime
WASHINGTON — Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is taking action against 19 individuals, 14…
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OCC Allows National Banks and Federal Savings Associations in Areas Affected by Hurricane Debby to Close — 2024-08-08
WASHINGTON—The Office of the Comptroller of the Currency (OCC) today issued a proclamation allowing national banks, federal savings associations, and federal branches…
Investing
Statement by Secretary of the Treasury Janet L. Yellen on the Disbursement of U.S. Direct Budget Support for Ukraine
WASHINGTON – Secretary of the Treasury Janet L. Yellen issued the following statement on the disbursement of $3.9 billion in direct budget…
Investing
Counter ISIS Finance Group Leaders Issue Joint Statement
Global Coalition to Defeat ISIS Convenes Twentieth Finance Working Group MeetingWASHINGTON – On July 23 and 24, the United States, Italy, and…
Investing
Treasury’s FinCEN Launches Nationwide Public Service Announcements to Inform Business Owners about Beneficial Ownership Reporting Requirements
Radio and TV PSAs Boost Ongoing Outreach and Education CampaignBusiness Owners Can Visit Fincen.gov/BOI for More Information on FilingWASHINGTON – Today, the…
Banking
Quality Control Standards for Automated Valuation Models — 2024-08-07 [2024-16197]
Office of the Comptroller of the Currency (OCC), Treasury; Board of Governors of the Federal Reserve System (Board); Federal Deposit Insurance Corporation…
Investing
Remarks by U.S. Deputy Secretary of the Treasury Wally Adeyemo at Public Meeting with CFPB Director Rohit Chopra, FTC Chair Lina Khan and Stakeholders on Steps to Protect Residential Solar Consumers
As Prepared for DeliveryI wanted to start by thanking you all for being with us here today to talk about something that…
Investing
U.S. Department of the Treasury Releases New Data on Pennsylvania Consumer Energy Savings Under Inflation Reduction Act
In 2023, more than 158,000 Pennsylvanian families saved more than $267 million on clean energy and energy efficiency investmentsWASHINGTON – Today, in…
Investing
U.S. Department of the Treasury Releases New Data on New York Consumer Energy Savings Under Inflation Reduction Act
In 2023, more than 189,000 New York families saved more than $374 million on clean energy and energy efficiency investmentsWASHINGTON – Today…
Investing
U.S. Department of the Treasury Releases New Data on Georgia Consumer Energy Savings Under Inflation Reduction Act
In 2023, more than 82,000 Georgia families saved more than $148 million on clean energy and energy efficiency investmentsWASHINGTON – Today, in…
Investing
U.S. Department of the Treasury, Consumer Financial Protection Bureau, and Federal Trade Commission Announce Steps to Protect Residential Solar Consumers, Ensure Access to Credits
Consumer advisories and announced partnership will empower consumers, educate on unfair and deceptive practices.WASHINGTON – The U.S. Department of the Treasury (Treasury)…
Investing
U.S. Department of the Treasury Releases New Data on Arizona Consumer Energy Savings Under Inflation Reduction Act
In 2023, more than 88,000 Arizona families saved more than $285 million on clean energy and energy efficiency investmentsWASHINGTON – Today, in…
Investing
U.S. Department of the Treasury Releases New Data on Ohio Consumer Energy Savings Under Inflation Reduction Act
In 2023, more than 109,000 Ohio families saved more than $150 million on clean energy and energy efficiency investmentsWASHINGTON – Today, in…
Investing
U.S. Department of the Treasury Releases New Data on Michigan Consumer Energy Savings Under Inflation Reduction Act
In 2023, more than 117,000 Michigan families saved more than $134 million on clean energy and energy efficiency investmentsWASHINGTON – Today, in…
Investing
U.S. Department of the Treasury Releases New Data on Nevada Consumer Energy Savings Under Inflation Reduction Act
In 2023, more than 41,000 Nevada families saved more than $151 million on clean energy and energy efficiency investmentsWASHINGTON – Today, in…
Investing
U.S. Department of the Treasury Releases New Data on American Consumer Energy Savings Under Inflation Reduction Act
In 2023, 3.4 million American families saved $8.4 billion on clean energy and energy efficiency investmentsWASHINGTON – Today, in advance of the…
Investing
U.S. Department of the Treasury Announces Up to $83 Million in American Rescue Plan Small Business Support to Drive Economic Growth for 125 Alaska Tribes
Unprecedented collaboration between Tribes has generated the largest small business financing consortium in the country.WASHINGTON – Today, the U.S. Department of the…
Investing
READOUT: Deputy Secretary of the Treasury Wally Adeyemo’s Meeting with the Leadership of the Federal Home Loan Banks and Federal Housing Finance Agency to Address Housing Supply and Affordability
WASHINGTON – On July 31, Deputy Secretary of the Treasury Wally Adeyemo met with the leadership of the 11 Federal Home Loan…
Investing
Treasury Designates Tobacco Company for Supporting Paraguay’s Sanctioned Former President
WASHINGTON — Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated Paraguayan tobacco company Tabacalera del Este S.A.…
Banking
OCC Allows National Banks and Federal Savings Associations in Florida and Georgia Affected by Hurricane Debby to Close — 2024-08-05
WASHINGTON—The Office of the Comptroller of the Currency (OCC) today issued a proclamation allowing national banks, federal savings associations, and federal branches…
Investing
July 2024 Employment Situation — 2024-08-02
The unemployment rate rose to 4.3 percent in July, and nonfarm payroll employment edged up by 114,000, the U.S. Bureau of Labor…
Banking
Mark Thomas Named Chief Financial Officer — 2024-08-02
WASHINGTON—The Office of the Comptroller of the Currency (OCC) today announced the selection of Mark Thomas to be the agency’s Principal Deputy…
Stocks
SEC Proposes Joint Data Standards Under the Financial Data Transparency Act of 2022
Securities and Exchange Commission today proposed joint data standards under the Financial Data Transparency Act of 2022 that would establish technical standards…
Investing
2024 Second Quarter (Preliminary) Productivity and Costs — 2024-08-01
Nonfarm business sector labor productivity increased 2.3 percent in the second quarter of 2024, the U.S. Bureau of Labor Statistics reported today…