US SENATE – US Senator Steve Daines joined a group of bipartisan senators to urge US Treasury Secretary Janet Yellen to establish an office of tribal affairs to strengthen the ministry’s relationship with the tribal nations of Montana and to provide more internal expertise on issues affecting the Indian country. .
âRecent consultations and tribal interactions between the Treasury and tribal nations underscore the need for sufficient and dedicated internal expertise in the Treasury on issues of tribal policy. The establishment of such an office enjoys the support of the Indian country and would improve the ability of the Treasury to fulfill its trust responsibilities to respect the nation-to-nation relationship between the federal government and the tribal nations, âYellen said in a letter.
The Treasury has long played a role in matters, including fiscal and financial matters, which have severely affected the welfare and sovereignty of some tribal nations. This role has grown over time and has become extremely important during the COVID-19 pandemic as Congress entrusted the Treasury with the crucial responsibility of providing tribal nations with billions of dollars in relief funds. The Internal Revenue Service, the Office of the Comptroller of the Currency, the Community Development Financial Institutions Program, and the Office of Recovery Programs are just a few of the parts of the treasury that make decisions that have a huge impact on nations. tribals on COVID-19 aid implementation, tribal economic development, taxation and tax incentives, financing and capital needs, trade policy, etc.