Paulson to Moderate Panel in Chicago Next Week on Global Competitiveness

Secretary Henry M. Paulson, Jr. will moderate a panel next week at the Commerce Department's 2008 National Summit on American Competitiveness in Chicago.  The summit brings together business, government and academic leaders to ensure America's economy remains the most competitive in the world.

Paulson will moderate a panel on successful economic transformations in an era of global competitiveness.  Panel participants include Mississippi Governor Haley Barbour, Arizona Governor Janet Napolitano, South Carolina Governor Mark Sanford, Mayor Richard Daley of Chicago and Mark Drabenstott, Director of the National Center for Regional Competitiveness at the University of Missouri-Columbia. 

More information on the conference is available at: http://www.americancompetitiveness.com/

Who 
Secretary Henry M. Paulson, Jr.

What 
Moderating Panel at National Summit on American Competitiveness

When 
2:45-3:45 p.m. (CDT), Thursday, May 22

Where 
Fairmont Hotel
200 North Columbus Drive
Chicago, Ill.

Note  
Press must register in advance at http://www.americancompetitiveness.com/press.reg 

Reminder: Treasury Secretary to Visit Printing Facility in Kansas City
Thursday to Observe Stimulus Checks Rolling off the Presses

Washington, DC--Treasury Secretary Henry M. Paulson, Jr. will tour a Treasury Department printing facility in Kansas City Thursday to observe the first mass production printing and packaging of the 2008 stimulus checks.  He will also deliver remarks on the economic stimulus payments at the Kansas City Central Library.

"By the end of June nearly 130 million stimulus payments should be in the hands of Americans, providing an immediate boost to the economy and helping to create more than 500,000 new jobs by the end of the year," said Paulson. 

The following events are open to the press:

What  
Facility Tour with Treasury Secretary Henry M. Paulson, Jr.
When  
Thursday, May 8, 8:00 a.m. CDT
Where  
Kansas City Regional Financial Center
4241 NE 34th Street
Kansas City, MO
Note 
All media should RSVP to Francie Abbott at (816) 414-2151, or Lauren Ray (816) 414-2113 with the following information: full name, Social Security number and date of birth, position, and organization. 

***

What  
Remarks by Treasury Secretary Henry M. Paulson, Jr. on Economic Stimulus
When  
Thursday, May 8, 9:30 a.m. CDT
Where  
Kansas City Central Library
Helzberg Auditorium
14 West 10th Street
Kansas City, MO
Note  
Media will need to show ID at the door; RSVPs not necessary.

Treasurer Cabral To Visit Treasury Printing Facility in San Francisco
Next Week to Observe Stimulus Checks Rolling off the Presses

Washington, DC--U.S. Treasurer Anna Escobedo Cabral will tour a Treasury Department printing facility in San Francisco next Thursday to observe the first mass production printing and packaging of the 2008 stimulus checks. 

The following event is open to the press:

Who              
Treasurer Anna Escobedo Cabral

What            
Facility Tour and Press Availability

When            
Thursday, May 8, 11:00 a.m. PDT

Where          
San Francisco Regional Financial Center
1650 65th St, Suite A
Emeryville, CA 94608

Note             
All media should RSVP to Abbie Loftus at (510) 594-7100, or Fay Rurup (510) 594-7330 with the following information: full name, Social Security number, date of birth, position, and organization. 

Assistant Secretary Anthony W. Ryan
to Speak on Capital Markets

Assistant Secretary for Financial Markets Anthony W. Ryan will deliver remarks on Thursday to the Securities Industry and Financial Markets Association (SIFMA) Wall Street to Washington Federal Legislative and Regulatory Conference in Washington. His remarks will focus on the financial markets, and how market participants and regulators are responding to recent challenges.

The following event is open to the media:

WHO	Assistant Secretary Anthony W. Ryan
WHAT	Remarks on the Capital Markets
WHEN	Thursday, May 1, 12:15 p.m. EDT
WHERE	SIFMA Wall Street to Washington Federal Legislative and Regulatory Conference Marriott Metro Center 775 12th Street, NW Washington, D.C.

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US Treasury Official to Visit London
to Discuss Financial Regulatory Reform

U.S. Treasury Assistant Secretary for Financial Institutions David G. Nason will deliver remarks about Treasury's Blueprint for a Modernized Regulatory Structure in London Tuesday. Assistant Secretary Nason will be the keynote speaker on financial regulatory reform at the Chatham House 2008 City Series.

The following event is open to credentialed media:
 
Who  
Assistant Secretary for Financial Institutions David G. Nason
What  
Remarks on Treasury's Blueprint for a Modernized Regulatory Structure
When  
Tuesday, April 29, 11:30 a.m. (Local Time)
Where  
Bloomberg LP
Citygate House
39-45 Finsbury Square
London
EC2A 1PQ
Note  
Members of the press must register with Duncan Newbury at dnewbury@chathamhouse.org.uk.

April 21, 2008
HP-937

Treasury Issues Proposed CFIUS Regulations; Lowery to Hold Briefing Today

Washington, D.C.--The Treasury Department today issued proposed regulations that implement the Foreign Investment and National Security Act of 2007 (FINSA).  The proposed regulations provide an update to regulations issued in 1991 that govern the Committee on Foreign Investment in the United States (CFIUS) and its process for national security review of certain foreign investments in U.S. businesses. They reflect reforms made to the CFIUS process by FINSA and the CFIUS executive order issued by President Bush on January 23 of this year.

"These regulations reflect America's strong and continued commitment to safeguarding U.S. national security in a manner that reinforces the longstanding U.S. policy of welcoming foreign investment.  The proposed regulations increase clarity and make additional improvements based on experience," said Assistant Secretary for International Affairs Clay Lowery.

The Treasury Department is requesting comments on the proposed regulations; a public comment period will extend for 45 days from publication later this week in the Federal Register. The Treasury Department will hold a public meeting to receive comments on the proposed regulations on May 2, 2008 in the Department's Cash Room. Further details on the meeting and submission of comments can be found in the opening pages of the regulations.

Assistant Secretary for International Affairs Clay Lowery will hold a briefing for media on the proposed regulations this afternoon. 

Who  
Assistant Secretary for International Affairs Clay Lowery

What 
Pen-and-pad Briefing on Proposed CFIUS Regulations

When  
Monday, April 21, 3:00 p.m. EST

Where 
U.S. Treasury Department
1500 Pennsylvania Avenue, NW – Media Room (4121)
Washington, D.C. 
Note 
Media without Treasury press credentials should contact Frances Anderson at (202) 622-2439, or frances.anderson@do.treas.gov with the following information: full name, Social Security number and date of birth. No cameras will be permitted into the briefing.

REPORTS

• Proposed Regulations

Treasurer Anna Escobedo Cabral to Participate in Financial Literacy and Education Summit

U.S. Treasurer Anna Escobedo Cabral will participate in a panel discussion during a financial literacy summit at the Federal Reserve Bank of Chicago Monday. The summit brings together public policy, education and private sector individuals in the financial education field to discuss how best to establish a sound financial future for the 18 -25 year old generation.

The following event is open to the media:

• Who Treasurer Anna Escobedo Cabral
• What Panel Remarks
• When Monday, April 21, 9:00 a.m. CDT
• Where Practical Money Skills for Life Financial Literacy and Education Summit 2008
  Federal Reserve Bank of Chicago
  230 South LaSalle Street
  Chicago, Ill.
• Note The event will be webcast at 3:00 pm CDT. Press must register at http://www.practicalmoneyskills.com/summit2008/registration.php to view the webcast.