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wally adeyemo

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Treasury Deputy Secretary Wally Adeyemo: IRS Should Use Inflation Reduction Act to Better Serve Small Businesses

Wally Adeyemo, deputy secretary of the Department of the Treasury, met with officials from the Internal Revenue Service to discuss how the Inflation Reduction Act can be utilized to improve IRS customer

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by Jamie Bennet
February 15, 2023
Government Technology/News
Treasury Outlines Plans to Address Cloud Adoption Risks in Financial Sector; Wally Adeyemo Quoted

The Department of the Treasury has revealed plans to establish an interagency cloud services steering group to coordinate government actions against potential risks posed by cloud services to the financial industry. In

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by Naomi Cooper
February 9, 2023
Industry News/News
Treasury Dep Sec Wally Adeyemo Highlights Inflation Reduction Act Investment Opportunities

Wally Adeyemo, deputy secretary of the Department of the Treasury, said the Inflation Reduction Act provides investment opportunities to advance the U.S. clean energy sector.  In a recent roundtable with clean energy

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by Naomi Cooper
November 29, 2022
Industry News/News
Treasury Sanctions Russian Network for Buying US-Built Components Used in Weapons Systems; Wally Adeyemo Quoted

The Department of the Treasury has imposed sanctions on one individual and two companies for procuring and supplying U.S.-produced technologies and components with military applications to end-users in Russia. “Thanks to the

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by Jane Edwards
October 20, 2022
Government Technology/News
Treasury Secretary Janet Yellen Asks IRS to Draft Reform Plan

Treasury Secretary Janet Yellen has directed the Internal Revenue Service to come up with an operational plan to disburse the funds authorized under the Inflation Reduction Act to help initiate reform initiatives

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by Jane Edwards
August 18, 2022
Industry News/News
Wally Adeyemo: Digital Assets Present Economic Opportunities, Financial Crime Risk

Wally Adeyemo, deputy secretary of the Department of the Treasury, said digital assets such as cryptocurrency offer opportunities for economic growth and could also pose financial crime risks, CNBC reported Wednesday. Adeyemo

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by Naomi Cooper
November 18, 2021
Cybersecurity/News
US Treasury, Israel Expand Cooperation Against Ransomware; Wally Adeyemo Quoted

The U.S. Department of the Treasury and the government of Israel have formed a bilateral partnership to broaden international cooperation and safeguard critical financial infrastructure from ransomware threats. The partnership launched a

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by Jane Edwards
November 15, 2021
Cybersecurity/News
Treasury Sanctions 2 Ransomware Actors, Virtual Currency Exchange; Wally Adeyemo Quoted

The Department of the Treasury has sanctioned virtual currency exchange Chatex and its associated network of three companies for facilitating transactions for threat actors involved in ransomware attacks. The Treasury said Monday

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by Jane Edwards
November 9, 2021
Industry News/News
Treasury Orders Sanctions Over Iran’s UAV Programs; Wally Adeyemo Quoted

The Department of the Treasury has imposed sanctions on two companies and four individuals that have supported Iran’s unmanned aerial vehicle programs that have been used to conduct attacks on U.S. forces

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by Jane Edwards
November 1, 2021
Wally Adeyemo
Cybersecurity/News
Treasury Counters Ransomware With Sanctions Compliance Guidance, Trend Analysis; Wally Adeyemo Quoted

The Department of the Treasury’s office of foreign assets control has released guidance outlining sanctions compliance best practices for virtual currency industry stakeholders as part of efforts to counter ransomware threats. A

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by Jane Edwards
October 18, 2021
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