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U.S. Department of the Treasury

A collection of news and information related to U.S. Department of the Treasury published by this site and its partners.

Top U.S. Department of the Treasury Articles

Displaying items 100-110
  • Lester A. Houck, government worker

    Lester A. Houck, government worker
    Lester A. Houck, a retired Treasury Department worker who was the oldest member of Wesley United Methodist Church, died Aug. 16 of liver failure at Vir-Les, his Westminster farm. He was 101. The son of farmers, Lester Adelbert Houck was born on the...
  • Treasury's Lael Brainard is reportedly considered for Fed board seat

    Treasury's Lael Brainard is reportedly considered for Fed board seat
    WASHINGTON -- With the Federal Reserve Board facing the potential departure of all its women members, President Obama reportedly is considering nominating a top female Treasury official, Lael Brainard, to fill one of the seats. Brainard, the...
  • U.S. will hit debt limit between Oct. 18 and Nov. 5, analysis says

    WASHINGTON -- The Treasury Department will be unable to pay all the nation’s bills starting sometime between Oct. 18 and Nov. 5 unless Congress raises the debt limit, according to a private analysis released Tuesday. The new "X date" from the...
  • Treasury Department to auction securities in Severn Bancorp, five other banks

    Treasury Department to auction securities in Severn Bancorp, five other banks
    The Treasury Department announced it intends to sell securities of six banks, including Severn Bancorp Inc. of Annapolis, as it winds down the Troubled Asset Relief Program. TARP was created five years ago to stabilize the country's financial system...
  • Top economic advisor Gene Sperling to leave Obama administration

    Top economic advisor Gene Sperling to leave Obama administration
    WASHINGTON -- Gene Sperling, a feisty defender of President Obama's economic policies, is leaving the White House after more than four years as a top advisor, officials said Friday. He will be replaced as director of the president's National Economic...
  • Consumer Financial Protection Bureau is keeping banks in check

    Michael Barr served as the U.S. Treasury Department's assistant secretary for financial institutions in 2009 and 2010. He oversaw the Obama administration's dealings with Congress in creating the Consumer Financial Protection Bureau. And he's still...
  • Raising debt limit: Treasury's Lew warns Congress it's risky to delay

    Raising debt limit: Treasury's Lew warns Congress it's risky to delay
    WASHINGTON -- As the nation fast approaches its debt limit, Treasury Secretary Jacob J. Lew on Tuesday issued his strongest warning yet to Congress about the economic consequences of waiting until just before the deadline to pass an increase. "Trying to...
  • Maryland approves premiums for small-business insurance exchange

    Maryland approves premiums for small-business insurance exchange
    Small businesses buying health coverage for their employees through a new state insurance marketplace could pay anywhere from 5 percent less to 15 percent more in premiums next year under rates Maryland regulators approved Tuesday. The Maryland Insurance...
  • Memories of the financial crisis, five years later

    Memories of the financial crisis, five years later
    The excited voices on CNBC radio riveted financial adviser John Bacci's attention as he drove to Chestertown five years ago for a routine client visit. The stock market was in freefall that Sept. 29 after Congress rejected a $700 billion rescue of the...
  • In Washington, countdown to a shutdown

    In Washington, countdown to a shutdown
    "The American people don't want the government shut down, and they don't want Obamacare. The House has listened to the American people." That's what Speaker John A. Boehner (R-Ohio) said at the GOP's victory rally Friday after the House voted to pass...
  • Toomey votes no on shutdown/debt ceiling deal

    Toomey votes no on shutdown/debt ceiling deal
    Sen. Pat Toomey was among 18 senators to vote against a deal Wednesday night to reopen the federal government and raise the debt ceiling. The Pennsylvania Republican joined the Senate’s most conservative lawmakers in their opposition to a last-...