The United States and its allies will impose new sanctions this week on Russia in order to punish the Kremlin for the war in Ukraine. Deputy U.S. Treasury Secretary Wally Adeyemo announced on Feb. 21 further efforts to prevent Russia from evading sanctions and export controls, aimed at pressuring it to withdraw from its neighbor….
US and Its Allies Will Tighten Screws on Russia’s Evasion of Sanctions, Says Treasury Department
February 22, 2023
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US Treasury’s Adeyemo Urges States, Local Governments to Use COVID Aid for Housing
WASHINGTON—Deputy U.S. Treasury Secretary Wally Adeyemo on Monday called on state, local and tribal governments to use more of their shares of a $350 billion COVID-19 relief fund to address a severe shortage of affordable housing. Adeyemo was pressing his case during a visit to Los Angeles to highlight California officials’ plans to use $7.4…
US Deputy Treasury Secretary Says Inflation Will Moderate Once Pandemic Is Over
U.S. price inflation will remain high until the coronavirus pandemic is officially over, says Deputy Treasury Secretary Wally Adeyemo. Speaking in an interview with CNBC’s Hadley Gamble at the Adipec energy industry forum in Abu Dhabi on Tuesday, Adeyemo noted that President Joe Biden has tackled many issues but conceded that more work needs to be done. …
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