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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 56-66
  • Treasury official: U.S. prepared to levy additional Russia sanctions

    Treasury official: U.S. prepared to levy additional Russia sanctions
    Moscow banned imports of most food from the West on Thursday in retaliation against sanctions over Ukraine, a stronger than expected measure that isolates Russian consumers from world trade to a degree unseen since Soviet days. In eastern Ukraine, a...
  • Want to expand the EITC? Cut fraud first [Letter]

    Want to expand the EITC? Cut fraud first [Letter]
    It is not surprising that The Sun would want to spend even more money on the Earned Income Tax Credit, despite the fact that the Treasury Department reports that one-fourth of the recipients get the credit fraudulently ("Ryan's safety net," July 30)....
  • U.S. expands economic sanctions on Russia over Ukraine

    U.S. expands economic sanctions on Russia over Ukraine
    President Barack Obama escalated U.S. economic sanctions against Russia on Tuesday for its aggression against Ukraine but dismissed suggestions the growing chill in U.S.-Russian relations marked the start of a new Cold War. The United States and the...
  • Suit alleges Vanguard Group wrongly avoids paying taxes

    Vanguard Group Inc. stands atop the mutual fund business, and credits its "unique" structure: The largest mutual fund company is owned, not by for-profit investors, but by more than 100 of Vanguard's own mutual funds, which are owned by millions of...
  • ExxonMobil said to halt drilling in $700-million project in Russia

    ExxonMobil said to halt drilling in $700-million project in Russia
    ExxonMobil has halted drilling on its platform in the Kara Sea and begun shutting down its $700-million joint venture with Russia's Rosneft energy giant to comply with U.S. sanctions that take effect next week, energy industry sources reported Friday....
  • Savings accounts may be on the way back

    An old-fashioned banking product that has fallen on hard times may be making a comeback with school kids. Passbook savings accounts are the centerpiece of a pilot program being launched this fall by the Federal Deposit Insurance Corp., which is hoping to...
  • L.A. fashion district firms raided in cartel money laundering probe

    L.A. fashion district firms raided in cartel money laundering probe
    Sinaloa cartel bosses had a problem. They were holding a hostage and needed to get the $140,000 ransom his family agreed to pay from the United States to Mexico in the form of pesos. Worried a wire transfer would alert authorities, the drug...
  • Got HAMP? If so, your mortgage may increase soon

    Got HAMP? If so, your mortgage may increase soon
    There is a fair amount of payment shock headed toward select groups of homeowners with mortgages. The reckoning has already started for people who took out home equity lines of credit a decade ago, when homes were appreciating handsomely. What started...
  • America's hangover from the heady Clinton years

    To the editor: Bill Clinton's high approval ratings prove that Americans have very short memories or are ignorant of the facts. ("How Bill Clinton, improbably, became America's favorite politician," Sept. 10) His administration is largely responsible...
  • IRS to recognize legal same-sex marriages nationwide

    IRS to recognize legal same-sex marriages nationwide
    Legally married same-sex couples will be recognized for federal tax purposes no matter what state they live in, the Internal Revenue Service and the Treasury Department announced Thursday. The policy change follows the Supreme Court decision in June...
  • Traders pocketed $256 million on Federal Reserve leaks, study finds

    Traders pocketed $256 million on Federal Reserve leaks, study finds
    Traders may have made up to $256 million in illicit profit by getting early word of the Federal Reserve’s decisions to loosen or tighten the money supply, according to researchers at Singapore Management University. The researchers cited “...