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Treasury Department

Social Security Trust -- Or, Never Lend Money to a Conservative

Richard (RJ) Eskow | Posted 04.23.2015 | Politics
Richard (RJ) Eskow

Never lend money to a conservative. That's one conclusion to be drawn from recent attacks on Social Security by Bloomberg View columnists Megan McArdle and Ramesh Ponnuru. Apparently promises, even legally executed ones, don't mean much to their crowd.

U.S. Treasury Secretary Softens View on China-Led Infrastructure Bank, But Stresses 'High Standards' in Asia Society Address

Tom Nagorski | Posted 04.03.2015 | World
Tom Nagorski

U.S. Treasury Secretary Jack Lew offered a gentler approach to China's proposed Asian Infrastructure Investment Bank (AIIB) Tuesday, saying "the U.S. stands ready to welcome new additions to the international development architecture."

New Year, Fresh Start: Congressional Dos and Don'ts

Jaimie Woo | Posted 03.22.2015 | Politics
Jaimie Woo

Another year has come and gone, and 2015 presents an opportunity to start fresh. With that in mind, it's time for the newly minted 114th Congress to make the right choices for the public's interest in its New Year's resolutions, and making the tax code fairer is a good place to start.

Jennifer Bendery

Elizabeth Warren, Progressives Sink Obama Treasury Nominee Antonio Weiss

HuffingtonPost.com | Jennifer Bendery | Posted 01.13.2015 | Politics

WASHINGTON -- Wall Street banker Antonio Weiss has asked President Barack Obama not to renominate him to a top Treasury Department post because of the...

Wall Street's Choice: Antonio Weiss Nomination Is What's Wrong With Economic Policy

Brad Miller | Posted 03.09.2015 | Politics
Brad Miller

Weiss's principal credential appears to be that he is a product of the same culture that produced our other recent economic policymakers. And that is the real problem for opponents, who believe that economic policies should be subject to democratic debate and require the consent of the governed.

The Ghosts of Bailouts Past, Bailouts Present and Bailouts Yet to Come

The Alternative Banking Group of OWS | Posted 03.07.2015 | Money
The Alternative Banking Group of OWS

The US Treasury Department has just declared the bailout is over -- and that it was profitable too! But nothing could be further from the truth. Both claims are false.

Obama's Disastrous Wall Street Nominee

Baseline Scenario | Posted 12.20.2014 | Politics

Antonio Weiss has been nominated to become Undersecretary for Domestic Finance at the Treasury Department. A growing number of people and organization...

Jennifer Bendery

Joe Manchin Joins Democrats Opposed To Obama Treasury Pick Antonio Weiss

HuffingtonPost.com | Jennifer Bendery | Posted 12.11.2014 | Politics

WASHINGTON -- Another Democrat is adding his name to a small but growing list of senators opposed to President Barack Obama's nominee for a top Treasu...

Jennifer Bendery

Obama Nominee Takes More Hits Over Qualifications For Treasury Post

HuffingtonPost.com | Jennifer Bendery | Posted 12.09.2014 | Politics

WASHINGTON -- Progressive lawmakers and activists have been raising concerns for weeks over President Barack Obama's choice of Antonio Weiss for a top...

Ryan Grim

Wall Street Rides In To Defend Antonio Weiss From Elizabeth Warren

HuffingtonPost.com | Ryan Grim | Posted 11.26.2014 | Politics

WASHINGTON -- Andrew Ross Sorkin has found the problem: there are too few bankers working in government. He has also found the reason there are so few...

Enough is Enough: The President's Latest Wall Street Nominee

Sen. Elizabeth Warren | Posted 01.19.2015 | Politics
Sen. Elizabeth Warren

As someone who has spent my career focused on domestic economic issues, including a stint of my own at the Treasury Department, I know how important these issues are and how much the people in Treasury can shape policies.

Shahien Nasiripour

Obama Administration Explores Ways To Collect Student Loan Payments Without Middlemen

HuffingtonPost.com | Shahien Nasiripour | Posted 11.13.2014 | Politics

The U.S. Treasury Department soon will take some student borrowers' accounts away from private debt collectors and give them to federal workers, an am...

Shahien Nasiripour

Treasury Department Endorses Student Loan Deals Slammed By Elizabeth Warren

HuffingtonPost.com | Shahien Nasiripour | Posted 11.06.2014 | Politics

TAMPA, Fla. -- The U.S. Treasury Department on Thursday praised a move, already panned by Sen. Elizabeth Warren (D-Mass.), to increase the amount of m...

Unfair Tax Policies Still Throwing Small Businesses for a Loop

John Arensmeyer | Posted 12.17.2014 | Small Business
John Arensmeyer

Some work has been done recently to address tax loopholes for large corporations, such as the notorious corporate tax inversions, which put small businesses at a disadvantage, but more needs to be done to help level the playing field for small businesses.

Will the Obama Administration 'Passively' Let More Jobs Go Offshore?

Scott Paul | Posted 12.09.2014 | Politics
Scott Paul

There's an international policy matter on which the administration has been far too passive, and its inaction may be dooming the productive sector of the economy -- not to mention the American middle class -- to a fate it doesn't deserve. I can sum it up in two words: currency manipulation.

My Takeaways From the Administration's Infrastructure Investment Summit

Patrick D. Jones | Posted 12.06.2014 | Politics
Patrick D. Jones

Lifting the ban on interstate tolling for purposes of reconstruction will not directly replenish the Highway Trust Fund, but it will give states the flexibility to use a reliable financing option to help meet their infrastructure funding challenges. Give states the flexibility to fund their transportation infrastructure projects the best way they see fit.

Inversion Thinking

Nelson Davis | Posted 10.22.2014 | Small Business
Nelson Davis

The world I operate in is that of small to medium sized business enterprises and they aren't thought of in relationship to big international businesses and their issues.

Beyoncé, Jay Z Cuba Trip Cleared By Treasury Department

The Huffington Post | Alex Lazar | Posted 08.22.2014 | Politics

Celebrity power duo Beyoncé and Jay Z were heavily criticized in April 2013 by pro-Cuban democracy activists and GOP lawmakers over their trip to Cub...

U.S. Records $71 Billion Budget Surplus In June

AP | Posted 07.11.2014 | Politics

WASHINGTON (AP) — The U.S. government ran a monthly budget surplus in June, putting it on course to record the lowest annual deficit since 2008. ...

The Fantasy That Tax Repatriation Can Pay for Highways (or Anything Else...)

Jared Bernstein | Posted 08.11.2014 | Politics
Jared Bernstein

Like a bad penny, this tax repatriation idea just keeps coming back. You know, the one where you offer a bribe to multinational corporations in the form of a big tax cut to "repatriate" their foreign earnings.

Loyalty and Responsibility

William B. Bradshaw | Posted 07.31.2014 | Politics
William B. Bradshaw

We hear so much these day about banks and companies that have become so large they are unable to manage themselves -- that there are so many layers of bureaucracy that illegal and unethical behavior can go undetected for years.

The Government Lost A Ton Of Money Bailing Out GM

Reuters | Posted 06.30.2014 | Business

(Adds Treasury Department comment, paragraph 6) By Eric Beech WASHINGTON (Reuters) - The U.S. government lost $11.2 bil...

Shahien Nasiripour

Top Treasury Official Calls Out Education Department Over Student Loans

HuffingtonPost.com | Shahien Nasiripour | Posted 04.30.2014 | Politics

A top Treasury Department official on Tuesday challenged the Department of Education and its contractors over how they handle borrowers struggling wit...

Lessons From 25 Tears at the Treasury Department

Tom Fox | Posted 05.18.2014 | Politics
Tom Fox

David A. Lebryk has held numerous positions at the Department of the Treasury since 1989. In 2012, he was named the first commissioner of the Bureau o...

Management lessons from inside Treasury

Tom Fox | Posted 05.06.2014 | Politics
Tom Fox

Nani Coloretti is the Department of the Treasury's assistant secretary for management. She previously helped establish the new Consumer Financial Prot...