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Department of the Treasury

Sam Stein

U.S. To Hit Debt Ceiling Even Sooner Than Believed

HuffingtonPost.com | Sam Stein | Posted 01.23.2014 | Politics

The country's next fiscal crisis will come sooner than advertised. Treasury Secretary Jack Lew on Wednesday sent a letter to House Speaker John Bo...

Wall Street Keeps Winning: Can It Change?

Mike Lux | Posted 03.13.2013 | Politics
Mike Lux

If people steal money and commit fraud and never have to go to jail or pay any real penalty, they generally keep doing it. It is equally true of street criminals and Wall Street bankers.

Treasury Opens New Front In Investigation Of Failed Solar Energy Company

iWatch News | Ronnie Greene and Matthew Mosk | Posted 11.14.2011 | Politics

The Treasury Department's inspector general has opened a new front in the investigation of the government loan to Solyndra, the now bankrupt company t...

Tim Geithner: Banks Have Spent Vast Sums To 'Erode' Financial Reform

The Huffington Post | Bonnie Kavoussi | Posted 08.23.2011 | Business

Nearly one year after Congress passed financial reform, Timothy Geithner appears to have had enough with anti-Dodd-Frank lobbying efforts. Treasury...

Lawrence Summers Needs to Retool his Wall Street Tilt

Steve Clemons | Posted 05.25.2011 | Business
Steve Clemons

Summers, no matter what some critics say, is a formidable intellectual heavyweight on economics policy -- and will continue to be, long after he leaves the White House. However, he needs to retool.

More Than Two Years into the Foreclosure Crisis, Homeowners Are Faced With the Good, the Bad, and the Ugly

Janis Bowdler | Posted 05.25.2011 | Home
Janis Bowdler

In his State of the Union address, President Obama said, "It's time to get serious about fixing the problems that are hampering our growth. One place...

Bailout May Cost $23.7 Trillion: Barofsky

AP | JIM KUHNHENN | Posted 05.25.2011 | Business

WASHINGTON - The federal government has devoted $4.7 trillion to help the financial sector through its crisis, a level of assistance equal to about on...

Cuba, the Low-Hanging Fruit for Obama, Braces for Change

Richard Walden | Posted 05.25.2011 | World
Richard Walden

Changing U.S. policy towards Cuba is the low-hanging fruit on President Obama's foreign policy agenda. Change can be accomplished at the stroke of a pen.

Alexander Hamilton's Scorn: Reflecting on AIG, Goldman, Hank Paulson and Bob Rubin

Steve Clemons | Posted 05.25.2011 | Politics
Steve Clemons

While many are criticizing the gross AIG taxpayer-funded bonuses of senior executives, the truth is that this kind of corruption is relatively small time -- even at $165 million -- and was predictable.

There's Nothing Wrong with Geithner's Brain...

Rick Horowitz | Posted 05.25.2011 | Politics
Rick Horowitz

"I knew you'd get it. There's nothing like having a few wise gray heads around the Cabinet table to ease people's minds. Now, some of us go gray naturally..."