The Office of Foreign Assets Control (OFAC) is an agency of the United States Department of the Treasury under the auspices of the Under Secretary of the Treasury for Terrorism and Financial Intelligence. OFAC administers and enforces economic and trade sanctions based on U.S. foreign policy and national security goals against targeted foreign states, organizations, and individuals.
As of March 2012, Adam J. Szubin is Director of OFAC. He was named to the position in August 2006.
Read more about Office Of Foreign Assets Control: History, Authority and Activities, Constitutional Deficiencies Found in OFAC Procedures, Specially Designated Nationals List
Famous quotes containing the words office of, office, foreign and/or control:
“This century fulfills the office of road-laborer for the society of the future. We make the road, others will make the journey.”
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“I had many problems in my conduct of the office being contrasted with President Kennedy’s conduct in the office, with my manner of dealing with things and his manner, with my accent and his accent, with my background and his background. He was a great public hero, and anything I did that someone didn’t approve of, they would always feel that President Kennedy wouldn’t have done that.”
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“The force of a language does not consist of rejecting what is foreign but of swallowing it.”
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“... the black girls didn’t get these pills because their black ministers were up on the pulpit saying that birth control pills were black genocide. What I’m saying is that black men have exploited black women.... They didn’t want them to have any choice about their reproductive health. And if you can’t control your reproduction, you can’t control your life.”
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