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Treasury Department

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 06.11.2014 | 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 05.31.2014 | 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...

Sam Stein

The IRS Will Get Another Round In The Scandal Spotlight This Week

HuffingtonPost.com | Sam Stein | Posted 03.02.2014 | Politics

WASHINGTON -- The controversy surrounding the IRS’ targeting of conservative groups seeking tax-exempt status may end up back in the news this week ...

Treasury Secretary Urges Ukraine To Act On Assistance Package

Reuters | Posted 04.25.2014 | Politics

SYDNEY, Feb 24 (Reuters) - U.S. Treasury Secretary Jack Lew has encouraged Ukraine to begin discussions with the International Monetary Fund (IMF) o...

U.S. Government Getting A New Borrowing Cap

AP | ANDREW TAYLOR | Posted 02.07.2014 | Politics

WASHINGTON (AP) — The U.S. government is getting a new borrowing cap Friday, almost four months after Washington diffused October's government shutd...

Republicans Urge Congress To Repeal Anti-Tax Dodging Law

Reuters | Posted 03.26.2014 | Politics

By Patrick Temple-West WASHINGTON, Jan 24 (Reuters) - The Republican National Committee (RNC) on Friday called for the repeal of a U.S. ...

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...

Taking a Page From Eliot Ness to Fight Wildlife Trafficking's New Al Capones

David Wilkie | Posted 03.23.2014 | Green
David Wilkie

We have credible evidence that where national park rangers and community ecoguards are out patrolling, and risking their lives doing so, elephants have a much greater chance of escaping the poacher's bullet, axe and chainsaw.

Rating Watch Negative, Credit, Credibility and Debt

Natalie Pace | Posted 03.15.2014 | Business
Natalie Pace

The four-letter word in the economy today is debt. Debt lies at the heart of the Fitch Negative Credit Watch and pretty much every other challenge that is going on in the developed world today.

Fire Departments Relieved By Obamacare

Cape Cod Times, Hyannis, Mass. | Patrick Cassidy | Posted 03.15.2014 | Politics

Regulators have put to rest fears that the new federal health care law would decimate local fire departments that rely on volunteer or on-call firefig...

Ryan J. Reilly

House Republicans Demand DOJ Platinum Coin Option Memo

HuffingtonPost.com | Ryan J. Reilly | Posted 01.23.2014 | Politics

WASHINGTON -- Republicans on the House Financial Services Committee have asked the Justice Department to turn over a memo that spells out the Obama ad...

Feds Ease Rules On Same-Sex Health Care Tax Breaks

AP | Posted 01.25.2014 | Politics

WASHINGTON (AP) — The Obama administration is letting legally married same-sex couples claim some health care tax benefits for this year. A notice ...

IRS Sets Its Sights on Political 'Dark Money'

The Center for Public Integrity | Posted 01.27.2014 | Politics
The Center for Public Integrity

the Internal Revenue Service is proposing new rules that could curtail "social welfare" nonprofit groups' ability to influence elections while concealing their donors.

Good Luck With That

Richard (RJ) Eskow | Posted 01.25.2014 | Politics
Richard (RJ) Eskow

Neel Kashkari is a former Goldman Sachs Golden Boy who left that infamous organization to join the Treasury Department, where he was responsible for overseeing $700 billion in bailouts to his former employer and other Wall Street firms. Now he wants to run for governor of California on that record.

Zach Carter

The Next Elizabeth Warren?

HuffingtonPost.com | Zach Carter | Posted 11.20.2013 | Politics

WASHINGTON -- After a string of setbacks involving major economic and judicial appointments, President Barack Obama's pick for the second-highest job ...

Kate Sheppard

Treasury Issues New Guidance On Funding Coal Plants Abroad

HuffingtonPost.com | Kate Sheppard | Posted 10.30.2013 | Politics

WASHINGTON -- The Treasury Department issued new guidance on Tuesday that makes it even more clear that the Obama administration will no longer approv...

Redemption

Asher Edelman | Posted 01.23.2014 | Politics
Asher Edelman

Sin and Redemption, often the cry of the religious right politicians, a possibility for the Federal Reserve Bank to restore its reputation. Through Q...

Of Bitcoins and Ethical Banking

Patrice Peyret | Posted 01.23.2014 | Business
Patrice Peyret

Digital representation of money and mathematical protocols take a lot less space than physical cash and require no brick-and-mortar security.

Why the Debt Ceiling Should Be Ignored by the US Treasury

Georges Ugeux | Posted 11.30.2013 | Politics
Georges Ugeux

It is time for courage in front of those who play the credit of the United States of American at the Russian roulette. There is a moment when giving the authority to a small group of extremists to threaten the Nation is purely and simply unconstitutional and unethical.

Debt Ceiling (Foolishness in Action)

Asher Edelman | Posted 11.27.2013 | Business
Asher Edelman

Perhaps just the threat of this equitable solution will move the small thinking destructive clique, who would ransom the world economy to further political goals, to move on and deal with politics in a more reasoned manner.