Office of Foreign Assets Control

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:

    Along the garden-wall the bees
    With hairy bellies pass between
    The staminate and pistillate,
    Blest office of the epicene.
    —T.S. (Thomas Stearns)

    These people who are always briskly doing something and as busy as waltzing mice, they have little, sharp, staccato ideas.... But they have no slow, big ideas. And the fewer consoling, noble, shining, free, jovial, magnanimous ideas that come, the more nervously and desperately they rush and run from office to office and up and downstairs, thinking by action at last to make life have some warmth and meaning.
    Brenda Ueland (1891–1985)

    the young men who watch us from the curbs:
    They hold the glaze of wonder in their stare
    Our crooked backs, hands fetid as old herbs,
    The tallow eyes, wax face, the foreign hair!
    Allen Tate (1899–1979)

    “Have we any control over being born?,” my friend asked in despair. “No, the job is done for us while we’re sleeping, so to speak, and when we wake up everything is all set. We merely appear, like an ornate celebrity wheeled out in a wheelchair.” “I don’t remember,” my friend claimed. “No need to,” I said: “what need have us free-loaders for any special alertness? We’re done for.”
    Marvin Cohen, U.S. author and humorist. The Self-Devoted Friend, New Directions (1967)