Former Deputy Secretary Wally Adeyemo
U.S. Government: Agencies/Departments/Divisions | Federal Agency Office Holders & Executives
Recent News About Former Deputy Secretary Wally Adeyemo
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The U.S. Department of the Treasury has released a report detailing the impact of the State Small Business Credit Initiative (SSBCI) over its first two years.
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Today, the U.S. Department of the Treasury and the IRS released final regulations aimed at expanding access to clean energy tax credits through direct pay, part of the Biden-Harris Administration's Inflation Reduction Act.
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The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has imposed sanctions on Amana, the Settlement Movement of Gush Emunim Central Cooperative Association Ltd, and its subsidiary Binyanei Bar Amana Ltd.
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The U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) and the Federal Housing Finance Agency (FHFA) have announced a new collaboration to increase capital for affordable housing lending through the...
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The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has sanctioned five Mexican nationals and two Mexico-based entities linked to La Linea, a drug trafficking organization responsible for smuggling fentanyl into the...
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Today, Deputy Secretary of the Treasury Wally Adeyemo held a meeting with Palestinian Authority Prime Minister Mohammad Mustafa. The discussion focused on security and economic stability in the West Bank and efforts to enhance the Palestinian Authority's anti-money laundering and countering the financing of terrorism (AML/CFT) regime.
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The U.S. Department of the Treasury has announced a significant milestone, approving over $500 million in State Small Business Credit Initiative (SSBCI) Capital Program applications from Tribal Nations. This investment is considered the largest federal support for small businesses in Indian Country to date.
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The U.S. Department of the Treasury has reported significant progress in its efforts to combat fraud and improper payments, announcing that over $4 billion was prevented and recovered in fiscal year 2024. This marks a substantial increase from the $652.7 million reported in the previous fiscal year. The advancements are attributed to enhanced processes employed by the Treasury’s Office of Payment Integrity (OPI), part of the Bureau of the Fiscal Service.
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From October 13 to October 15, Deputy Secretary of the Treasury Wally Adeyemo visited London to engage with both government and private sector representatives. The meetings included discussions with Chancellor Rachel Reeves, National Security Advisor Tim Barrow, Bank of England Governor Andrew Bailey, Minister of State Stephen Doughty, and Director General Lindsey Whyte.
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The U.S. Department of the Treasury has highlighted a $4.8 million award to the Mississippi Development Authority (MDA) aimed at supporting small business growth in the state. This funding is part of 14 awards recently announced through the Biden-Harris Administration’s State Small Business Credit Initiative (SSBCI) Investing in America Small Business Opportunity Program (SBOP). An additional $2.2 million in matching funds will be provided by Innovate Mississippi.
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Deputy Secretary of the Treasury Wally Adeyemo addressed a press conference at the Department of Justice, highlighting significant actions taken against TD Bank. Adeyemo emphasized the role of the Department of the Treasury in using sanctions and enforcing anti-money laundering (AML) laws to protect national security.