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Washington, DC, USA
Joined March 2010

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  1. Today Wally Adeyemo published a new blog post detailing the Department’s work to put racial equity front and center in its first six months of implementing the . Check it out:

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  2. The Biden Admin has made promoting racial equity a top priority since Day 1. Nowhere is that clearer than in the . I wrote about ’s work with the to prioritize equity while implementing this historic legislation.

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  3. Sep 16

    Yesterday another round of President Biden's Child Tax Credit payments — $250 to $300 per child — began landing in the bank accounts and mailboxes of millions of families. Here's what a few of those families had to say about the :

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  4. Treasury's awarded 191 organizations more than $24.1 million in awards today, which will help emerging CDFIs build their capacity to provide services to low-income and underserved people and communities across America.

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  5. Six months after the passage of the ARP, the economy is in a stronger place. Millions of jobs have been added, thousands of businesses have been able to safely reopen, and state & local govts are in a stronger fiscal position. Read the full report:

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  6. Treasury administers more than $1 trillion in American Rescue Plan programs. We've disbursed more than $700 billion, including more than $450 billion paid directly to families and households, through Child Tax Credits, Economic Impact Payments, and Emergency Rental Assistance.

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  7. Over 3 million jobs have been created since the American Rescue Plan was signed into law, & real GDP growth in the first half of the year was strong enough to push economic output above its pre-pandemic peak.

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  8. NEW today: Treasury released a report on the progress and impact of the first 6 months of the , including the $700 billion Treasury has disbursed to communities and families across the country.

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  9. “Looking back, I'm not sure whether I would be here in this job today if I didn't have an excellent babysitter 40 years ago.” Read more about 's own experience with child care access here:

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  10. It’s past time that we treat child care as what it is – an element whose contribution to economic growth is as essential as infrastructure or energy. My statement from today’s Access to Child Care event with

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  11. Today I’m joining Secretary Yellen at to discuss how our Administration’s Build Back Better Agenda will make historic investments in childcare – and make childcare affordable for every family.

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  12. Watch live: joins at the Treasury Dept to discuss access to child care and the agenda

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  13. NEW today: Treasury Releases Report Showing U.S. Childcare System Overburdens Families and Causes Shortages Due to Inadequate Supply

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  14. Today, Treasury announced it will make the remaining +$13 billion in funding under the second wave of Emergency Rental Assistance (ERA) available to high-performing state and local government grantees.

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  15. Today marks 20 years since the attacks of September 11th. We’ve come to know the event by a single date – 9/11 – but its legacy has been an inextricable part of every one of the roughly 7,000 days that have come since. My full statement:

    9/11 was something we all experienced, although certainly not equally. No one bore the pain and hardship of September 11th more than those who lost loved ones and then those who sacrificed in the conflicts that came after. To those who bear the scars of 9/11 in those ways, I want you to know I’m thinking about you this weekend.

 

It strikes me that we’ve come to know the event by a single date – 9/11 – but its legacy has been an inextricable part of every one of the roughly 7,000 days that have come since. It changed the way we think about our safety, about our country and its place in the world. At the Treasury Department, it changed the way people worked, too.

 

Two decades after the September 11th attacks, I wanted to pay special tribute to the Treasury staff who have devoted their careers to tracking and disrupting the money flows of terrorists. They have quite literally created the discipline of financial intelligence from scratch, and in the process, kept our country safe.
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  16. Today, we remember those who we lost 20 years ago and pay tribute those who served in the conflicts that came after, the people who’ve dedicated their lives to making this country safe in a post-9/11 world. This is a thread about some of my colleagues…

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  17. Sep 9

    Treasury Climate Advisor John Morton joined Yahoo Finance today to discuss tools that Treasury is looking to use to mitigate climate change, and align with the economic opportunity embedded in the transition to a net zero economy.

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  18. Sep 9

    Earlier today, participated in a virtual meeting with the G7 finance ministers. Read more:

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  19. Sep 8

    Instead, giving the IRS info and resources will level the playing field & enable tax enforcement to be concentrated where it belongs: on high earners and corporations who currently do not make good on tax obligations that are part of America's social contract.

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  20. Sep 8

    It's equally important to understand what these proposals are not: They are not about using bank account info for average Americans to increase IRS scrutiny. has been clear: audit rates will not rise for those with under $400K in annual income.

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