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US Treasury

Senate Democrats Boycott Key Votes On 2 Top Trump Nominees

The Huffington Post | Amanda Terkel | Posted 01.31.2017 | Home

WASHINGTON ― Senate Democrats deployed a dramatic eleventh-hour maneuver to deny committee votes to two of President Donald Trump’s Cabinet picks ...

Activists Are Rallying To Stop Betsy DeVos From Running The Country's Public Schools

The Huffington Post | Rebecca Klein | Posted 01.30.2017 | Home

Earlier this week, Katie Keier, a kindergarten teacher in Fairfax County, Virginia, was in a meeting with colleagues about student literacy. But inste...

Elizabeth Warren And Foreclosure Victims Blast Trump's Treasury Pick

The Huffington Post | Ben Walsh | Posted 01.18.2017 | Home

Senate Democrats want to make the confirmation hearing for Steve Mnuchin, President-elect Donald Trump’s pick for Treasury secretary, all about peop...

Treasury Rebuffs Democratic Senators' Plan To Help Disabled Americans With Student Debt

The Huffington Post | Daniel Marans | Posted 12.23.2016 | Home

WASHINGTON ― The Treasury Department has rejected a request by congressional Democrats to guarantee that impoverished, severely disabled Americans w...

Donald Trump, Treasury Debt and the Dollar

Stephen G. Cecchetti | Posted 05.24.2016 | Home
Stephen G. Cecchetti

Mr. Trump appears to assume that his sensibilities as real estate mogul and dealmaker can be directly applied to government debt management policy. They cannot. Treasury securities bear absolutely no resemblance to the debt issued by Trump Entertainment Resorts, which went bankrupt in 1991, 2004, 2009, and 2014.

The Great Gold Conspiracy

Janet Tavakoli | Posted 04.26.2016 | Home
Janet Tavakoli

Financial conspiracies are a USA tradition. I don't mean stories pushed by anonymous commenters who lurk on the internet, or people who send you poorly written emails from yahoo accounts. I refer to daily activity in the financial markets.

Ben Carson Tells Harriet Tubman to Take a Hike (VIDEO)

Meredith Masony | Posted 04.22.2016 | Home
Meredith Masony

How is placing Harriet Tubman on the twenty dollar bill a slap in the face to Andrew Jackson? The man was a genocidal slave owner who had a gambling problem.

Here's My VOTE for the $20: Eleanor Roosevelt

Alexia Parks | Posted 04.19.2016 | Home
Alexia Parks

Imagine if our money carried positive, uplifting messages such as: "Be Authentic!" "Go Lead Something!" I think Eleanor Roosevelt would welcome this

What The New $10 Bill Really Means For Women

Shelley Zalis | Posted 04.19.2016 | Home
Shelley Zalis

Gender equality depends largely on equal visibility, which is part of the reason why the new $10 bill is so exciting to myself, to women and to the next generations of our daughters.

It May Be More Than A Decade Before We See A Woman On The Front Of A U.S. Bill

The Huffington Post | Lydia Oconnor | Posted 04.19.2016 | Home

This week's anticipated victory for groups pushing the U.S. Treasury to put a woman's picture on the $20 bill was soured by news that the wait might s...

Record Mortgage Volume in 2015, in Spite of US Treasury

Harlan Green | Posted 04.15.2016 | Home
Harlan Green

In addition to very large Consumer credit borrowing that rose $17.2 billion in February (but excludes mortgage lending), the number of new first mortgages increased markedly in 2015, according to new data from credit rating company Equifax.

The Forgotten Historical Heroine Who'd Be Perfect For The New $10 Bill

Alison Leigh Cowan | Posted 12.07.2016 | Home
Alison Leigh Cowan

Her story is so astonishing, I am chagrined to have missed it this long. Nor am I alone.

Congress Shouldn't Play Politics With the Debt Ceiling

Joel Friedman | Posted 10.20.2016 | Home
Joel Friedman

The House will vote this week on a Republican proposal allowing the Treasury to borrow funds to pay bondholders and Social Security recipients if there's a prolonged standoff over raising the debt ceiling. But this approach is extremely dangerous.

CDFIs Growing Our Economy

Deborah De Santis | Posted 09.22.2016 | Home
Deborah De Santis

CDFIs do not always get the public attention they deserve, but without them, communities and people in need would have one less reason for hope.

Remove Lew, Not Hamilton

Steve H. Hanke | Posted 07.09.2016 | Home
Steve H. Hanke

Doesn't the 76th Secretary of Treasury have better things to do than to diminish the presence of our 1st and most distinguished Secretary of Treasury?

My Little Coin Collector Helps March Of Dimes Give Babies A Healthy Start In Life

Jill Teeters | Posted 06.18.2016 | Home
Jill Teeters

I love holding the March of Dimes Commemorative Coin in my hand. For me, it symbolizes holding a bit of our past, along with our future. We hope that every family in America buys at least one of those coins. Think about that impact and how together we can conquer preterm birth.

Fannie and Freddie Didn't Do It!

Harlan Green | Posted 05.19.2016 | Home
Harlan Green

As if further confirmation was needed that Fannie Mae and Freddie Mac were not even a minor cause of the housing bubble and consequent bust, the latest judgement against Nomura Securities for selling fraudulent mortgages to Fannie and Freddie should be icing on the cake.

U.S. Debt Deadline Prompts Emergency Measures

Reuters | Posted 05.06.2015 | Home

(Adds background) WASHINGTON, March 6 (Reuters) - The Obama administration on Friday said it would start using emergency cash measures...

'Chicken Money' Safety vs. Interest

Terry Savage | Posted 04.19.2015 | Money
Terry Savage

Low rates are a great way to help the government finance its growing deficits. But they sure make it tough for savers and retirees who wanted to live on the interest from their savings. Here are five things you should know about "chicken money."

An Emotional, Poorly Argued Attack on Elizabeth Warren from Times' Sorkin

Richard (RJ) Eskow | Posted 01.25.2015 | Home
Richard (RJ) Eskow

Sorkin's periodic defenses of the powerful are no longer unexpected. More surprising is the overall theme of this attack, which characterizes the congenial senator as enraged and wrathful, and her position as petty and irrational.

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

Robert Kuttner | Posted 01.23.2015 | Home
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.

Future Homebuyer Pockets Picked By Washington Lawmakers

Garrick T. Davis | Posted 12.15.2014 | Home
Garrick T. Davis

The homebuyer of tomorrow should not be asked to pay for the fleeting temporary tax reduction and unemployment benefit extension of yesterday.

Kate Sheppard

Hardcore Capitalists Warn That Climate Change Is A Really Big Deal | Kate Sheppard | Posted 06.24.2014 | Home

Another day, another climate change report predicting serious consequences for the United States. Tuesday's report, however, focuses on the devastatio...

The U.S. National Debt: Can The Federal Reserve Perform Fiscal Alchemy Forever?

Sheldon Filger | Posted 07.27.2014 | Home
Sheldon Filger

In the year 2000, as George W. Bush assumed the role of 43rd president of the United States, America's national debt stood at $ 5.7 trillion, while th...

Jack Lew's Prostate Surgery 'Went Well,' U.S. Treasury Says

Reuters | Posted 05.25.2014 | Home

WASHINGTON, March 25 (Reuters) - U.S. Treasury Secretary Jack Lew's treatment for a benign enlarged prostate on Tuesday "went well and as planned," ...