US Treasury

GM CEO: 'I Wouldn't Be Surprised' If Next CEO Is A Woman

Reuters | Posted 05.01.2012

Read More: Automakers, Mary Barra, Video, Bankruptcy, General Motors, Reuters, Gm, U.S. Treasury, GM Chief Executive Dan Akerson, Business News

By Nick Tate PALM BEACH, Florida, April 30 (Reuters) - The boss of General Motors Co said on Monday the U.S. automaker's most senior ...

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New Companies Love This Costly Tax Benefit

Reuters | Posted 04.10.2012

Read More: General Electric, Video, President Ronald Reagan, Congress, Fortune 500, Tax Break, Accelerated Depreciation, President Barack Obama, Reuters, Corporate Tax Break, US Treasury, Citizens for Tax Justice, Business News

* Accelerated depreciation tax break has bipartisan backing * Congress edges toward debate on tax code revamp * 26 compa...

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Bell Rings for Bond Bubble

Michael Pento | Posted 04.10.2012

Read More: Bond Market, Debt Bonds, Treasury Interest Rates, T Bills, US Debt Trasury, Euro Dollar Economy, Bull Market Debt, Low Bond Yields, US Economy Greece, Treasury Bills, US Treasury, Business News
Michael Pento

They always tell you no one rings a bell when a market top or bottom is reached. But a bell is now ringing for the end of the 30-year bull market in U.S. debt. And ironically, the bell ringer is our very own U.S. Treasury Department.

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Leadership That's Right on the Money

Tom Fox | Posted 04.08.2012

Read More: U.S. Treasury, The Bureau of Engraving and Printing (BEP), Leadership, U.S. Mint, Employees, Federal Agencies, Politics News
Tom Fox

There is no other commodity that really chronicles American history better than our currency and coins. So to go through this planning process with them, we can reconnect with their work and showcase why it's important and why they are valued.

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U.S. Treasury Building Goes Green

Posted 12.31.2011

Read More: u.s Government Green Buildings, Video, u.s. Treasury Building Leed, u.s. Government Green Retrofits, LEED Certification, u.s. Government Buildings, u.s. Treasury Leed Certification, U.S Treasury, Green-Technology, Green News

From EarthTechling's Susan DeFreitas: The U.S. Treasury Building dates back to the 19th century and is located right next door to the White House -...

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S&P: Despite Supercommittee Fail, U.S. Credit Rating Safe

AP | By MARTIN CRUTSINGER | Posted 11.22.2011

Read More: Video, Deficits, U.S. Treasury, Standard & Poor's, Supercommittee, Credit Rating, AAA Rating, Congressional Committee, Credit Rating Agency, Business News

WASHINGTON -- Credit rating agency Standard & Poor's says it will not downgrade the U.S. government's credit rating because a Congressional committee ...

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U.S. Works To Safeguard Itself From European Debt Crisis

Posted 11.14.2011

Read More: European Debt Crisis, JPMorgan Chase, Sovereign Debt, Video, U.S. Financial Institutions, Wall Street, MF Global, U.S. Treasury, Financial Crisis, Euro Zone Creditors, Regulators, Contingency Plans, Contagion, Financial Stability Oversight Council, Business News

(David Lawder and Glenn Somerville) - The United States is ramping up attempts to safeguard its financial system from a worsening of Europe's debt...

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China is Not the Problem, It's a Symptom

Georges Ugeux | Posted 12.12.2011

Read More: Debt, Europe, Globalization, Federal Reserve, Chinese, America, Ipad, Deficit, Wef, Dalian, Washington, US Treasury, Wall Street, Welfare, Chinese Yuan, Exports, United States, Japan, Emerging Markets, Euro, Senate, Imports, Apple, Arab, Foxconn, Protests, US Economic Crisis, Ben Bernanke, China Foreign Exchange Reserves, Domestic Manufacturing, China, Wen Jiabao, Business News
Georges Ugeux

The vote by the U.S. Senate to proceed with sanctions to "punish" China for its currency policy is hypocritical and is a further sign of Washington's inability to deal with U.S. economic problems.

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Geithner To Float Leveraging Euro Rescue Along Lines Of U.S. Program

Posted 11.15.2011

Read More: Video, Eurozone, Europe Debt Crisis, U.S. Treasury, Business News, European Union, Europe Sovereign Debt Crisis, Financial Crisis, Timothy Geithner, Business News

WROCLAW, Poland (Reuters) - Treasury Secretary Timothy Geithner is likely to suggest to European finance ministers on Friday that they leverage th...

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U.S. Companies Could Get Tax Cuts On Foreign Profits

Posted 11.11.2011

Read More: Taxes, Treasury Department, U.S. Treasury, Tax Cuts, Foreign Profits, Overseas Profits, Taxes on Foreign Profits, Corporate Taxes, Tax Code, Video, Business News

(BRAD DORFMAN, Reuters) - The Treasury is weighing a proposal to eliminate some, but not all, of the taxes on overseas profits of U.S.-based compa...

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Hurricane Irene Will Cost Federal Taxpayers $1.5 Billion

AP | By ALAN FRAM | Posted 11.05.2011

Read More: Politics News, Natural Disasters, Hurricane Irene 2011, Federal Taxpayers, U.S. Treasury, Green News, Hurricane Irene Damage, Hurricane Irene, Hurricane Irene Cleanup, Extreme Weather, Federal Budget, Politics News

WASHINGTON -- The White House estimated on Monday that Hurricane Irene will cost federal taxpayers $1.5 billion in disaster relief, further ballooning...

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Real Downgrade Is When China Dumps Their Treasury Holdings

Jeffrey Rubin | Posted 10.10.2011

Read More: U.S. Treasury, Debt Ceiling, China, People's Bank of China, U.S. Debt Downgrade, Federal Budget Deficit, Standard and Poor's, Bush Tax Cuts, Business News
Jeffrey Rubin

The loss of America's AAA credit rating brings us that much closer to the day when the People's Bank of China doesn't show up at the Treasury auction.

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What to Do With the U.S. Treasury Bonds Now?

Irene Aldridge | Posted 10.08.2011

Read More: U.S. Treasury, Investments, Debt, Default, Bonds, Treasury Bonds, Business News
Irene Aldridge

With the now-lower rating on the U.S. government debt assigned by the major rating agency, the Standard & Poors, the bonds and bills investors find themselves questioning as to what to do with their investments: how to find riskless replacements for the now-risky U.S. bonds?

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Debt Ceilings Aren't the Only Way America Can Default

Jeffrey Rubin | Posted 09.19.2011

Read More: Debt Ceiling, Barack Obama, U.S. Treasury, Business News
Jeffrey Rubin

If Congress does the unthinkable by not raising the debt ceiling, the U.S. government will start defaulting on its debt, of which the People's Bank of China is the single largest holder.

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Tim Geithner: Banks' Interests 'Not Aligned' With Those Of American Economy

The Huffington Post | James Sunshine | Posted 09.17.2011

Read More: Vikram Pandit, JP Morgan, Wells Fargo, Tim Geithner, Too Big to Fail, Citibank, Bank of America, 112th Congress, Jamie Dimon, Wachovia, US Treasury, Barack Obama, Video, Business News

Despite warnings from JPMorgan Chase CEO Jamie Dimon that the U.S. government may be suffocating the American economy recovery through over-regulation...

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Bill Gross: 'Don't Mess With The Debt Ceiling'

Washington Post | Bill Gross | Posted 09.13.2011

Read More: Bond Market, Pimco, National Debt, Debt Ceiling, Bill Gross, Debt Limit, 112th Congress, Timothy Geithner, US Treasury, Barack Obama, Business News

To raise or not to raise the debt ceiling; that is the question: Whether 'tis nobler to suffer the slump and arrows of default today or in some distan...

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Five Myths About The Debt Ceiling

The Washington Post | Bruce Bartlett | Posted 09.07.2011

Read More: White House, Congress, Brian Roseboro, Debt Ceiling, Cnbc, George W. Bush, President Obama, George Washington University Law School, U.S. Treasury, Democrats, Credit Rating, Jpmorgan, University of Baltimore Law School, Timothy Geithner, Republicans, Great Depression, Business News

In recent months, the federal debt ceiling -- last increased in February 2010 and now standing at $14.3 trillion -- has become a matter of national de...

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Geithner Considers Leaving Treasury After Budget Deal

Posted 08.30.2011

Read More: Debt, Hank Paulson, Debt Ceiling, 112th Congress, Federal Reserve, Timothy Geithner, US Treasury, Treasury Secretary, Barack Obama, Video, Business News

This story has been updated. Treasury Secretary Timothy Geithner is said to be considering leaving his position after the budget deal is completed,...

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U.S. Has 'Clear Path' To Selling Its Remaining General Motors Stake

Posted 08.22.2011

Read More: Auto Bailout, U.S. Treasury, Financial Stability, Committee on Oversight and Government Reform, General Motors Co, Taxpayers, White House Manufacturing Adviser, Ron Bloom, New York Stock Exchange, Video, Business News

DETROIT - The Treasury has a "clear path" to selling its remaining stake in General Motors Co shares, a senior Obama administration official is ex...

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Stiglitz: IMF Chief Must 'Continue Along The Reform Path'

Project Syndicate | Joseph E. Stiglitz | Posted 08.03.2011

Read More: Iraq War, Paul Wolfowitz, East Asia Crisis, Debt Crisis, Managing Director, Greece, International Monetary Fund, G8, World Bank, Ireland, Imf, US Treasury, Portugal, Business News

NEW YORK – Sooner than expected, the International Monetary Fund will have a new managing director. For more than a decade, I have criticized the Fu...

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AIG Share Sale Makes A Profit For U.S. Treasury

Posted 07.25.2011

Read More: Aig Treasury Profit, American International Group, Share Sale Aig, US Treasury, Profit Aig, Stock Aig, Tim Massad, Business News

NEW YORK/WASHINGTON (Clare Baldwin and Pedro da Costa) - The U.S. Treasury made a small profit when it sold a portion of its shares in American In...

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Taxpayers Take Hit On Lower-Priced AIG Stock Sale

Posted 07.11.2011

Read More: AIG Bailout, American International Group, U.S. Treasury, AIG Stock Sales, Taxpayers, AIG Stock, Robert Benmosche, Business News

NEW YORK: American International Group and the U.S. Treasury will sell nearly $9 billion in AIG stock, they said on Wednesday, a huge offering but...

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AIG Shares Fall Low Enough To Threaten Government Loss

Posted 07.09.2011

Read More: Tarp, Tarp Bailout, Federal Government, AIG Bailout, Financial Crisis, Aig, American International Group, AIG Shares, US Treasury, AIG Stock, Citigroup, Business News

Shares in bailed-out insurer American International Group (AIG.N) fell to their lowest levels in nearly eight months on Monday, potentially moving...

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Geithner: 'Revenue Neutral' Corporate Tax Reform In The Works

Posted 06.05.2011

Read More: Revenue Neutral, Senate Appropriations Subcommittee, Wall Street, President Barack Obama, U.S. Treasury, Obama Administration, Timothy Geithner, Corporate Tax Reform, Marginal Corporate Rate, Tax Code, Business News

WASHINGTON - The Obama administration is working on a comprehensive proposal for corporate tax reform, U.S. Treasury Secretary Timothy Geithner sa...

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The Non-Mandated Society

Janet Ritz | Posted 06.24.2011

Read More: Naomi Klein's Shock Doctrine, JP Morgan Chase, Politics, Politics News, Hamp, 99ers, Unemployment, The Environmentalist, Tim Geithner, Mortgage Crisis, Unemployment Benefits, US Treasury, Business, Hardest Hit Fund, Barack Obama, Business News
Janet Ritz

If the banks were mandated to stop demonizing the unemployed in unemployment recovery programs, that would allow programs to have a better percentage of success than their current rate of failure.

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