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U.S. Department of the Treasury

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Top U.S. Department of the Treasury Articles see all

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  • Congress, not Obama, should crack down on cybercrime

    Congress, not Obama, should crack down on cybercrime
    To defend Americans against cybercrime, the Obama administration has tried suing individual hackers and “naming and shaming” the countries that allegedly sponsored them. Last week the administration added a new, more powerful weapon to its arsenal: financial and trade sanctions against everyone involved.
  • Russia begins implementing food embargo against U.S. and allies

    Russia begins implementing food embargo against U.S. and allies
    Russia on Thursday began rolling out a sweeping embargo on food imports from the United States, members of the European Union and allied nations in response to those countries' economic sanctions for Moscow's aggressiveness in Ukraine. Prime Minister...

    Treasury takes steps to discourage offshore tax-shifting inversions

    Treasury takes steps to discourage offshore tax-shifting inversions
    The Obama administration on Monday announced long-awaited executive actions to try to discourage companies from reincorporating abroad to reduce their U.S. taxes. The steps -- technical revisions to the tax code -- will "meaningfully reduce the economic...

    Speakers at GBC summit offer fixes for national transportation 'crisis'

    Speakers at GBC summit offer fixes for national transportation 'crisis'
    The nation's transportation system is broken, agreed a panel of transportation wonks gathered in downtown Baltimore on Thursday, but they could not agree on how to fix it. "Transportation is broken. There's no way to fund it. America is one big pothole,...

    Treasury moves against 'inversion' deals

    Treasury moves against 'inversion' deals
    WASHINGTON -- Moving against tax avoidance by corporations, the Obama administration took several actions on Monday to curb “inversion” deals that allow companies to escape high U.S. taxes by reincorporating abroad. The Treasury Department...