The next time you hear somebody freaking out about U.S. government debt, you can remind them that there has never been a better time for the governmen...
Reuters | Posted 05.09.2012
WASHINGTON, May 8 (Reuters) - U.S. taxpayers could realize a profit of more than $15.1 billion from the massive government bailout of insurer Americ...
AP | Posted 05.07.2012
NEW YORK -- The Treasury Department is selling $5 billion worth of stock in bailed-out insurance giant American International Group Inc. for $30.50 pe...
Bloomberg View | Jonathan Weil | Posted 04.20.2012
The U.S. Treasury Department wants the public to believe the government’s bailouts of the financial sector might make money for taxpayers. It’s ea...
Reuters | Posted 04.18.2012
April 17 (Reuters) - Banks in Texas, Florida and other southern states could face a pull-out of non-U.S. depositors due to a new U.S. rule finalized...
HuffingtonPost.com | Elise Foley | Posted 04.15.2012
WASHINGTON -- Treasury Secretary Timothy Geithner threw water on one of GOP presidential hopeful Mitt Romney's claims about the economy and women, say...
HuffingtonPost.com | Amanda Terkel | Posted 04.13.2012
WASHINGTON -- The Treasury Department is worried that the high political cost of some of its key economic intervention programs -- most notably, the b...
HuffingtonPost.com | Loren Berlin | Posted 04.12.2012
A federal housing program funded with taxpayer money left over from the government's bailout of the banks and auto companies is failing to deliver on ...
AP | CHRISTOPHER S. RUGABER | Posted 03.29.2012
WASHINGTON -- A government watchdog says the top U.S. housing regulator should take a more active role in overseeing mortgage giants Fannie Mae and Fr...
Posted 03.22.2012
At a time when politicians are fighting over the mere suggestion that Americans might have to pay higher taxes, it's pretty fun to watch Donald Duck s...
Michael Farr | Posted 05.21.2012
Interest rate movements affect almost every type of investment in some way, but bond investments will react with direct negative correlation. The rule for bond investing is that the lower the coupon and the longer the maturity, the more volatile prices will be.
HuffingtonPost.com | Arthur Delaney | Posted 03.02.2012
WASHINGTON -- The Obama administration announced Friday that as part of a recent $25 billion settlement with big banks, the government will release mo...
Reuters | Posted 04.29.2012
* USTR Kirk to select director of new interagency team * Unit will draw on resources from across government * Reports ra...
Reuters | Posted 04.28.2012
By Carrick Mollenkamp Feb 27 (Reuters) - HSBC Holdings Plc said on Monday it will likely face criminal or civil charges from an expan...
AP | DANIEL WAGNER | Posted 04.28.2012
WASHINGTON -- Old child support debts could cost thousands of poor men their only income next year because of a policy aimed at reducing the cost to t...
The Huffington Post | Alexander Eichler | Posted 02.24.2012
Larry Summers is in the running to head the World Bank. But according to tens of thousands of people that recently signed a petition, he's not the man...
AP | By JIM KUHNHENN | Posted 04.22.2012
WASHINGTON -- President Barack Obama rolled out a corporate tax overhaul plan Wednesday that lowers rates but also eliminates loopholes and subsidies ...
L. Randall Wray | Posted 04.17.2012
There is little doubt that the global financial crisis posed "unusual and exigent" circumstances that had to be met with a huge response by the Fed (and Treasury). It is not clear, however, that the response actually mounted was legal. It was certainly not transparent.
AP | MATTHEW CRAFT | Posted 04.04.2012
NEW YORK — A drop in the unemployment rate to its lowest level in three years propelled the Dow Jones industrial average Friday to its highest c...
The Huffington Post | Alexander Eichler | Posted 02.01.2012
The revolving door between Wall Street and Washington is about to turn once more. Richard Siewart, onetime counselor to Treasury Secretary Timothy...
HuffingtonPost.com | Jillian Berman | Posted 01.25.2012
Barack Obama won't ask Timothy Geithner to stay on as Treasury Secretary if the president wins reelection, Geithner told Bloomberg TV's Trish Regan We...
AP | By DEREK KRAVITZ | Posted 01.12.2012
WASHINGTON -- The federal deficit was lower in the first quarter of the 2012 budget year than the same period last year. Yet, the imbalance remains hi...
Posted 01.11.2012
Want to get to Washington? Try going through Wall Street. As a look at any recent presidential administration will show, people move between the two w...
Richard (RJ) Eskow | Posted 03.11.2012
Despite the president's new-found populism -- rhetorically, anyway -- officials in his administration continue to push an unfair deal designed to conceal the financial Crime of the Century.
Joel Rubin | Posted 02.24.2012
Instead of political pandering and promoting a reckless policy, Obama is making it clear that while he seeks to resolve the challenge from Iran, he also has policy red lines that should not be crossed.
HuffingtonPost.com | Mark Gongloff | Posted 05.30.2012