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U.S. Department of the Treasury

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Top U.S. Department of the Treasury Articles

Displaying items 67-77
  • 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...
  • Celebrating 150 years of 'In God We Trust' on our change

    Celebrating 150 years of 'In God We Trust' on our change
    While money is the root of all evil, it's still a good reminder of who's in charge, and has been for 150 years. On April 22, 1864, the U.S. passed a law so that for the first time, the phrase "In God We Trust" would appear on currency. The first coin to...
  • Retirement: Should you save for retirement with a MyRA?

    Kiplinger's Personal Finance The recently introduced MyRA retirement-savings plan is aimed at people who haven't started saving for retirement. The Treasury Department will begin a pilot program in late 2014 with a few employers and hopes to expand it to...
  • Why MyRA?

    Just in case you thought that there were not enough retirement accounts out there, along comes President Obama's latest entry in the crowded category. "MyRA" (rhymes with IRA and looks like a misspelled woman's name) is supposed to be a "starter"...
  • Congress looks ahead to a year of pre-election battles

    Congress looks ahead to a year of pre-election battles
    WASHINGTON — Congress comes back to session this week with leaders of both parties planning a war of words in 2014 — dueling agendas that promise little substantive legislation but lots of messages aimed at establishing clear contrasts for...
  • Obama to nominate Stanley Fischer, 2 others to Federal Reserve seats

    Obama to nominate Stanley Fischer, 2 others to Federal Reserve seats
    WASHINGTON -- President Obama will nominate Stanley Fischer, the former head of the Bank of Israel, to be vice chair of the Federal Reserve, and also tapped two other people for seats on the central bank's Board of Governors, the White House said Friday....
  • Obama to nominate Stanley Fischer, two others to Fed seats

    Obama to nominate Stanley Fischer, two others to Fed seats
    WASHINGTON — President Obama will nominate Stanley Fischer, the former head of the Bank of Israel, to be vice chair of the Federal Reserve, and also tapped two others for seats on the central bank's Board of Governors, the White House said. Lael...
  • Obama to name L.A.'s Maria Contreras-Sweet to top small-business post

    Obama to name L.A.'s Maria Contreras-Sweet to top small-business post
    President Obama intends to nominate Maria Contreras-Sweet, the founder of a Latino-owned community bank in Los Angeles and a former state Cabinet secretary, to head the Small Business Administration. Contreras-Sweet, who is highly regarded in the L.A....
  • Treasury to sell $3 billion of stock in bailed-out Ally Financial

    The wind-down of the bailout continues. The Obama administration has decided to sell about $3 billion of the government’s common stock holdings in Ally Financial Inc., a former General Motors Corp. lending arm propped up with taxpayer assistance...