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, foreign and/or control:
“Woman was originally the inventor, the manufacturer, the provider. She has allowed one office after another gradually to slip from her hand, until she retains, with loose grasp, only the so-called housekeeping.... Having thus given up one by one the occupations which required knowledge of materials and processes, and skill in using them ... she rightly feels that what’s left is mere deadening drudgery.”
—Ellen Henrietta Swallow Richards (1842–1911)
“I have been told lately that Fuseli was travelling by coach and a gentleman opposite him said: “I understand, Mr. Fuseli, that you are a painter; it may interest you to know that I have a daughter who paints on velvet.”
Fuseli rose instantly and said in a strong foreign accent, “Let me get out.””
—Samuel Butler (1835–1902)
“A “super person” is one who expects to manage a career, home, and family with complete ease, expecting to maintain a perfect job, a perfect marriage, a perfect house, and perfect control of the children.”
—Joyce Portner (late 20th century)