TREASURY SANCTIONS JAMAICA-BASED ISIS RECRUITER FOR TERROR SUPPORT

Washington – The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) took action today targeting Abdullah Ibrahim al-Faisal (Faisal), a Jamaica-based Islamic cleric who provided recruitment services to the Islamic State of Iraq and Syria (ISIS).  Faisal was named as a Specially Designated Global Terrorist pursuant to Executive Order 13224 for assisting […]

READOUT FROM A TREASURY SPOKESPERSON ON SECRETARY MNUCHIN’S MEETING WITH PRIME MINISTER FAYEZ AL-SERRAJ OF LIBYA

​ Washington – Yesterday, U.S. Treasury Secretary Steven T. Mnuchin met with Libyan Prime Minister Fayez al-Serraj. The Secretary and Prime Minister discussed economic issues facing the Libyan people and Secretary Mnuchin welcomed the U.S. Department of the Treasury’s strong engagement with the Government of National Accord and the Central Bank of Libya.  The Secretary and Prime […]

?TESTIMONY OF ASSISTANT SECRETARY FOR TERRORIST FINANCING MARSHALL BILLINGSLEA HOUSE COMMITTEE ON FINANCIAL SERVICES SUBCOMMITTEE ON MONETARY POLICY AND TRADE NOVEMBER 30, 2017

  Chairman Barr, Vice Chairman Williams, Ranking Member Moore, and distinguished members of the Committee, as Treasury’s Assistant Secretary for Terrorist Financing, thank you for inviting me here today to offer testimony on the effectiveness of sanctions, which are an important tool for safeguarding our security and protecting the U.S. financial system from abuse. At […]

UNDER SECRETARY SIGAL MANDELKER SPEECH BEFORE THE AMERICAN BANKERS ASSOCIATION & AMERICAN BAR ASSOCIATION FINANCIAL CRIMES ENFORCEMENT CONFERENCE

Introduction Good afternoon, it is a pleasure to be here at the ABA/ABA Financial Crimes Enforcement Conference for the first time. Thanks very much to you Rob, for the kind introduction, as well as to your team for putting on this important event. All of you are on the front lines of our efforts to […]

STATEMENT BY U.S. TREASURY SECRETARY STEVEN T. MNUCHIN REGARDING THE SENATE PASSING THE TAX CUTS & JOBS ACT

Washington – U.S. Treasury Secretary Steven T. Mnuchin issued the following statement today in response to the United States Senate’s passage of the Tax Cuts & Jobs Act: “I congratulate the Senate for passing this historic bill to cut taxes for families, make the tax code simpler and fairer for everyone, and make American businesses […]

REMARKS OF COUNSELOR TO THE SECRETARY FOR HOUSING FINANCE POLICY MICHAEL STEGMAN BEFORE THE FEDERATION OF MUNICIPAL BOND ANALYSTS CONFERENCE

As prepared for delivery    ORLANDO, FLORIDA – Thanks very much to the National Federation of Municipal Analysts for including a housing finance panel in this year’s conference and for giving me the opportunity to speak about the Administration’s important work to reform the nation’s housing finance system.   As you’ve heard from my fellow […]