The Assistant Secretary for Terrorist Financing and Financial Crimes at the US Treasury, Elizabeth Rosenberg, has addressed the need for additional regulatory clarity and more public-private engagement between the government and the virtual assets industry. Rosenberg’s remarks follow the end of a comment period for the Treasury’s Action Plan to Mitigate the Illicit Finance Risks […]

WASHINGTON, Nov 17 (Reuters) – The United States targeted oil and gas companies in its latest round of Iran-related sanctions, according to a notice posted to the U.S. Department of Treasury website on Thursday. The sanctions target 13 companies in a range of countries, including China and the United Arab Emirates. Reporting by Susan Heavey; […]

WASHINGTON, Nov 1 (Reuters) – The U.S. Treasury last month repelled cyber attacks by a pro-Russian hacker group, but the incident caused little to no disruption and confirmed that the department’s stronger approach to financial system cybersecurity was working, a U.S. Treasury official said on Tuesday. The Treasury has attributed the distributed denial of service […]

While the Treasury said Mr Hunt and Mr Sunak “agreed on the principle that those with the broadest shoulders should be asked to bear the greatest burden,” it warned that “given the enormity of the challenge, it is inevitable that everybody would need to contribute more in tax in the years ahead”. Source link

CNN  —  Treasury Secretary Janet Yellen said Thursday in an exclusive interview with CNN that she did not see signs of a recession in the near term as the US economy rebounded from six months of contraction.

Comment on this story Comment When traders in the $24 trillion US Treasury market have trouble trading, it’s a matter for far wider concern. Liquidity metrics are flashing at crisis levels, making the debt market that’s a key underpinning of global financial markets potentially so fragile that another shock could impair its functioning. That’s why […]

WASHINGTON, Oct 18 (Reuters) – The U.S. Treasury on Tuesday said it was proposing a new rule to collect data on climate-related risks from property and casualty insurers, one of the first concrete actions in a new push to beef up financial regulation to help fight global warming. The Treasury’s Federal Insurance Office said in […]

Former Philadelphia Mayor Michael Nutter has been selected to oversee first-ever advisory committee on racial equity at the U.S. Treasury Department. Nutter is a professor of urban and public affairs at Columbia University,  His new Treasury role calls for him to chair the 25-person inaugural committee. He was Philadelphia’s mayor from 2008 to 2015 He […]

As Prepared for Delivery Thank you all for having me today, and a special thank you to Nicole, who was recently selected to serve on Treasury’s Advisory Committee on Racial Equity. I know we will benefit from your expertise and insights into how we can build a more equitable Treasury and economy. I also had […]

Oct 14 (Reuters) – The U.S. Treasury Department is asking primary dealers of U.S. Treasuries whether the government should buy back some U.S. government bonds to improve liquidity in the $24 trillion market. Investors are worried about rising volatility in bonds as the Federal Reserve rapidly raises interest rates to bring down inflation.

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