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Treasury

To Increase Small Business Loans, Revive What Has Already Worked

Steve Grossman | Posted 01.04.2012 | Small Business
Steve Grossman

The Small Business Administration's loan incentive program worked brilliantly, and it will work again. Washington should act -- and act now -- to provide another $2 billion to help small businesses, their workers and the taxpayers.

Freddie Mac Seeks Another Bailout After Big Loss

Posted 01.03.2012 | Business

Mortgage finance giant Freddie Mac said on Thursday it will seek an additional $6 billion from U.S. taxpayers following its worst quarterly loss t...

The Euro Crisis Is Serious but Not Lethal

Georges Ugeux | Posted 11.29.2011 | World
Georges Ugeux

The solution is in Europe, not in Washington or Beijing. Europe cannot continue to act irresponsibly and must assume its responsibilities to avoid a global crisis.

Solyndra: Will We Learn From Science?

James M. Gentile | Posted 11.27.2011 | Technology
James M. Gentile

The key question that is being missed -- and that should be asked now -- is whether the federal government will approach this failure as politicians or as scientists.

Can the UK go it Alone on Banking Reform? I just Don’t Think so

Iain Anderson | Posted 01.14.2012 | UK Politics
Iain Anderson

This is perhaps the most momentous day for British financial services since the de-regulation of "big bang" in the late 1980s.

On Investors and the Banks

Robert Teitelman | Posted 11.02.2011 | Business
Robert Teitelman

Trying to view a key systemic sector like banking through the lens of investors can be dangerously deceptive.

Zach Carter

Former Lawmaker Decries Corporate Control Of Government

HuffingtonPost.com | Zach Carter | Posted 10.24.2011 | Politics

WASHINGTON -- Lawmakers rarely speak candidly about the relationship between large corporations and government, avoiding the ugly realities surroundin...

Oil Hits Lowest Price Of The Year After Downgrade

AP | SANDY SHORE | Posted 10.08.2011 | Business

Oil's plunge to its lowest price of the year should provide Americans with some relief at the pump. But that may not be enough to calm their fears abo...

Answering The Big What-If Questions Of Debt Default

Posted 09.29.2011 | Business

(Lauren Young) - The debt negotiations are getting down to the wire. Republican and Democratic lawmakers are scrambling to broker a deal to raise...

Treasury Department To Soon Announce Debt Ceiling Backup Plans

The Huffington Post | Alexander Eichler | Posted 09.27.2011 | Business

With less than a week until the August 2 deadline to raise the debt ceiling, the Treasury Department is said to be weighing its choices about whom it ...

Reduce the Debt Limit?

Joe Minarik | Posted 09.26.2011 | Politics
Joe Minarik

In this light, to be logically consistent on principle, anyone who opposes increasing the debt limit today should in 2001 similarly have opposed President Bush's tax cuts.

William Alden

Stocks Lurch Without Debt Deal

HuffingtonPost.com | William Alden | Posted 09.24.2011 | Business

This story has been updated. NEW YORK -- With just over a week left before the federal government is set to exhaust its borrowing authority, financ...

Historical Context Missing From Debt Ceiling Reporting

Chris Weigant | Posted 09.13.2011 | Politics
Chris Weigant

Back in 1995 and 1996, a government shutdown actually happened -- twice. The debt ceiling was not raised, but the country did not default. President Clinton actively used his veto pen, as the Republicans sent him bills that they knew he would not sign.

S&P Warns Lawmakers Of Potential Debt Limit-Related Downgrade

Posted 09.13.2011 | Business

WASHINGTON - Standard & Poor's has warned lawmakers privately that it would downgrade the country's debt if the Treasury Department is forced to p...

Too Big To Fail, Or Too Trifling For Oversight?

New York Times | Posted 08.12.2011 | Business

It is not very often that business people head to Washington to explain how unimportant they are. But over the last several months, executives from...

Elise Foley

Jon Kyl: Debt Ceiling Hike Should Be Paired With $2.5 Trillion In Cuts

HuffingtonPost.com | Elise Foley | Posted 08.07.2011 | Politics

WASHINGTON -- Senate Republicans are aiming to cut at least $2.5 trillion over the next decade in a deal to raise the federal debt limit, Sen. Jon Kyl...

Ratings Agency Warns U.S. On Debt Limit

Reuters | Daniel Bases and Donna Smith | Posted 08.02.2011 | Business

June 2, 2011 11:35:36 PM By Daniel Bases and Donna Smith NEW YORK/WASHINGTON (Reuters) - Ratings agency Moody's warned Thursday it would con...

Elise Foley

Harry Reid: 'Clean' Debt Extension Vote Could Spook Markets

HuffingtonPost.com | Elise Foley | Posted 07.24.2011 | Politics

WASHINGTON -- The House GOP's plan to hold a vote on a clean extension of the debt ceiling -- which is expected to fail without Republican support -- ...

UK Plans World's First State-Backed Green Investment Bank

AP | By JANE WARDELL | Posted 07.23.2011 | Business

LONDON -- The British government outlined plans for the world's first state-backed green investment bank on Monday – a key plank of its pledge t...

Elise Foley

White House: No Alternative To Raising Debt Ceiling

HuffingtonPost.com | Elise Foley | Posted 07.18.2011 | Politics

WASHINGTON -- The White House said on Wednesday that there is no “Plan B” if Congress does not vote to increase the debt limit by August. The ...

William Alden

States Look To Mom And Pop Investors For Funds

HuffingtonPost.com | William Alden | Posted 07.18.2011 | Business

As California works to repair its budget, the state treasury is ramping up its effort to reach an unusual type of bond investor: regular people. A ...

AIG Stock Offering Has Investors Intriqued

Posted 07.16.2011 | Business

NEW YORK - Underwriters for the planned $9 billion stock sale by American International Group Inc and the Treasury have indications of interest fr...

Elise Foley

Boehner To Obama: Let's Make A Deal On Debt Limit

HuffingtonPost.com | Elise Foley | Posted 07.15.2011 | Politics

WASHINGTON -- One day before the federal government is scheduled to reach its debt limit, House Speaker John Boehner (R-Ohio) said he is ready to make...

Elise Foley

Chamber Urges Congress To Raise Debt Ceiling Now, Cut Spending Later

HuffingtonPost.com | Elise Foley | Posted 07.13.2011 | Politics

WASHINGTON -- The Chamber of Commerce sent a letter to Congress on Friday urging legislators to quickly raise the debt ceiling, while also warning of ...

It's Time to Audit the Fed

Rick Sanchez | Posted 07.06.2011 | Business
Rick Sanchez

For an entity that wields so much power, we know relatively little about the Fed. Would you trust an unknown banker to decide what happens with your paycheck every week? Why do we accept this for our country?