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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 23-33
  • Bush team speeds up mortgage revamps

     
    by Frank James A lot of experts have argued that the financial crisis and the larger economic woes the nation is encountering will only be reversed when the unending cascade of home foreclosures is finally stopped. So the Treasury Department,......
  • Ten on Wednesday: Swinging that budget axe

     
    Gov. Paterson will announce his plan to cut $2 billion from the state budget today. Most will come from health and schools. Tuesday, he doled out plentiful portions of grim budget news at a forum in Syracuse. He may......
  • Paulson drop kicks toxic-asset purchases

     
    Treasury Secretary Henry Paulson speaks during a news conference at the Treasury Department in Washington, Nov. 12, 2008. (AP Photo/Susan Walsh) by Frank James It took Treasury Secretary Henry Paulson awhile to acknowledge what many experts said from the....
  • Bailout money sought by mayors

     
    by Frank James The list of entities who want a piece of the $700 billion bailout fund just keeps grows larger. Cities have now joined auto makers and banks in reaching out to the Treasury Department for financial assistance......
  • Paulson goes on media offensive

     
    by Frank James Treasury Secretary Henry Paulson Jr. is likely to feel pretty beat up by the time the just-convened House Financial Services Committee meeting ends today. Some lawmakers are upset that the Paulson changed the thrust of the $700......
  • White House: Blame Dems if no Big 3 help

     
    by Frank James The White House is trying to shift blame to congressional Democrats if the auto industry doesn't get the financial bailout it's seeking, saying Democrats appear unwilling to loosen restrictions on $25 billion that's already been approved...
  • Bush to 'safeguard financial system'

     
    by Frank James Here's a transcript of President Bush's remarks today to the media after he visited the Treasury Department building next to the White House to discuss the Citigroup bailout (the president referred to the financial institution by......
  • Feds unveil new plans to unfreeze credit

     
    by Frank James The Federal Reserve and Treasury Department unveiled their latest plans to loosen up the mortgage and consumer credit markets. The Fed is basically going to buy up to $600 billion in bonds and mortgage-backed securities of......
  • Citigroup gets huge federal bailout

     
    by Frank James Citigroup certainly has much to be thankful for this week since it's getting new and massive federal support to keep it solvent. The rest of us, whether we know it or not, likely also have much......
  • Ten for Wednesday morning: No Senate 60

     
    Republican Saxby Chambliss won the Georgia Senate runoff, so Democrats will not get the filibuster-proof super-majority of 60 and Republicans -- if they hang together -- will still have a modicum of power in Obama's Washington. Public officials like......
  • Auto Bailout Senate Hearing Wrap-Up

     
    After sitting through nearly six hours of Senate hearings today about bailing out the Detroit 3, it???s time to reflect and recap. All of these items are in loose terms, and in no way can we go into the depth......