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US Treasury Department

The Growing Severity Of Cyber-Attacks And How To Protect Against Them

Daniel Wagner | Posted 12.14.2016 | Business
Daniel Wagner

Despite the fact that cyber-attacks occur with greater frequency and intensity around the world, many either go unreported or are under-reported, leav...

Elizabeth Warren for Secretary of the Treasury

Carla Seaquist | Posted 06.29.2016 | Politics
Carla Seaquist

Amid "rampant speculation" of a Hillary Clinton-Elizabeth Warren ticket to head the Democratic slate after their recent joint campaign appearances, here is another speculation.

Bank Freezes Online Payment Over Dog's 'Terrorist-Sounding' Name

The Huffington Post | Lee Moran | Posted 03.28.2016 | Business

A San Francisco man's online payment was blocked by his bank earlier this month because his dog's name sounded like a terrorist network. Bruce Francis...

Show Us the Money

Bobbie Brinegar | Posted 03.22.2016 | Business
Bobbie Brinegar

It was entirely appropriate that the Treasury Department held its 6th annual Women in Finance & Technology Symposium on St. Patrick's Day, a day symbolized by green. Because green -- as in money -- is what this gathering was all about.

The Fannie-Freddie Debacle Continues

Harlan Green | Posted 03.02.2016 | Business
Harlan Green

We are already seeing the results of Obama Administration attempts to kill Fannie Mae and Freddie Mac, the Government Sponsored Entities that guarante...

The Other Washington

Marian Wright Edelman | Posted 02.19.2017 | Politics
Marian Wright Edelman

Traces of this other Washington are everywhere. As the new capital was rising from former woods and swampland, slaves labored on many of its buildings, including the White House and the Capitol.

Wall Street Leading Washington Yet Again: What Was Obama Thinking?

Robert Kuttner | Posted 01.23.2015 | Politics
Robert Kuttner

If you want to understand what makes Elizabeth Warren so special in American politics, consider her nervy leadership of the campaign to block President Obama's foolish nomination of one Antonio Weiss to be the top Treasury official in charge of the domestic financial system, including enforcement of the Dodd-Frank Act. For most of his Wall Street career, Weiss has epitomized everything that reeks about financial abuses. As chief of international mergers and acquisitions for Lazard, Weiss orchestrated what are delicately known as "corporate inversions," in which a domestic corporation moves its nominal headquarters offshore, to avoid its U.S. taxes. And that's only the beginning. Many of the other deals orchestrated by Weiss resulted in operating companies being bought and sold by giant conglomerates, where the "savings" and "increased efficiency" came mainly from tax breaks and reduced worker compensation.

Kate Sheppard

This Power Plant Embodies The World Bank's Fossil Fuel Dilemma | Kate Sheppard | Posted 11.11.2013 | Green

WASHINGTON -- A World Bank-backed coal plant in South Africa is seeking to delay the implementation of pollution controls, a request that is raising n...

Getting Small Businesses the Capital They Need to Grow and Succeed

Karen Mills | Posted 08.10.2013 | Small Business
Karen Mills

As our economy improves, are U.S. small businesses getting the capital they need to grow, create jobs and accelerate our country's economic momentum? That's the central question that will be addressed today at the Capital Access Innovation Summit hosted by hosted by the U.S. Small Business Administration.

This Is What Happens When You Do Business In Iran

Reuters | Posted 02.09.2013 | Business

* US Justice Dept, N.Y. DA's Office announce settlement * Comes in addition to $340 mln paid to N.Y. bank regulator * HSBC settlement of sim...

Regulators Mull 'Next Steps' After Reform Fail

Reuters | Posted 10.23.2012 | Business

* Treasury says consulting with regulators on next steps * Fund industry lobbied intensely against SEC plan * Upcoming e...

Demote, Defang DeMarco

Leo W. Gerard | Posted 10.13.2012 | Business
Leo W. Gerard

This guy, Edward DeMarco, the acting head of the Federal Housing Finance Agency, is deliberately damaging America -- promoting foreclosures, high unemployment and excessive taxes. He has got to go.

Regulator Cat Fight!

Reuters | Posted 10.07.2012 | Business

* U.S. Treasury, Federal Reserve officials angered by NY action * Move disrupted ongoing settlement talks with federal officials ...

Cash Crop: Credit Cards Refused At California Pot Dispensaries

The Huffington Post | Posted 07.10.2012 | Money

To most people, the idea of charging a dime bag to your Visa might sound like a half-baked scheme from Pineapple Express. But that was a reality in Ca...

China Exports Trouble to U.S.

Leo W. Gerard | Posted 08.11.2012 | Business
Leo W. Gerard

For years, China deliberately diminished the value its currency. This artificially reduces the price of Chinese exports. Simultaneously, it artificially raises the price of U.S. exports to China. Dithering by the U.S. House of Representatives on this issue has reduced America to victim status.

LA Leads In Mortgage Fraud Cases

| Posted 03.09.2012 | Los Angeles

This article comes to us courtesy of California Watch By Corey G. Johnson California continues to lead the nation in questionable home loans, wi...

Chrysler, Fiat One Step Closer To Merging Into One Of The World's Leading Automakers

Posted 01.05.2012 | Business

MILAN/DETROIT, Jan 5 (Stephen Jewkes and Bernie Woodall) - Italy's Fiat SpA has raised its stake in Chrysler Group LLC by 5 percent to 58.5 percent, m...

Tim Geithner's Gamble

Project Syndicate | Simon Johnson | Posted 05.25.2011 | Business

LOS ANGELES -- In a recent interview, United States Treasury Secretary Tim Geithner laid out his view of the nature of world economic growth and the r...

The U.S. Government's (Many) Art Curators

Daniel Grant | Posted 05.25.2011 | Arts
Daniel Grant

Washington, D.C. may be renowned for its uncurated collection of gladhanders and ideologues, but the nation's capitol is less well-known as the home of numerous art, antiques and artifacts collections that aren't housed in museums.

Green Energy Innovation: Building A National Commitment

James M. Gentile | Posted 05.25.2011 | Green
James M. Gentile

Clean energy may well be the next economic revolution, and the United States can be at the forefront, if we take full advantage of our nation's streng...

Quarterback Drew Brees Tackles Financial Illiteracy

Jason Alderman | Posted 05.25.2011 | Education
Jason Alderman

Drew Brees' list of accomplishments is long and impressive: New Orleans Saints quarterback. Super Bowl XLIV MVP. Devoted family man. And now, financial literacy champion.

China's Currency Manipulation: Flipping off America

Leo W. Gerard | Posted 05.25.2011 | Business
Leo W. Gerard

Earlier this year, the Obama administration asked China nicely to allow its currency value to float up naturally on international markets. China said it would. And then it didn't.

High-Schoolers Take the Financial Capability "Challenge"

Jason Alderman | Posted 11.17.2011 | Healthy Living
Jason Alderman

Part of the solution is to strengthen our financial education programs so that today's youths are better equipped to manage their own finances and avoid the mistakes of their parents.

Stop Government Funding of Coal

Bruce Nilles | Posted 05.25.2011 | Home
Bruce Nilles

This post was co-written by Bruce Nilles and Mark Kresowik, Director and Corporate Accountability and Finance Representative, respectively, for the Si...

Behind Wall Street's Collapse

Walden Bello | Posted 05.25.2011 | Business
Walden Bello

In a nutshell, the Wall Street meltdown is not only due to greed and to the lack of government regulation of a hyperactive sector.