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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 78-88
  • 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...
  • Exclusive: Akorn eyes $2 billion UCB unit in potential tax inversion - sources

    NEW YORK (Reuters) - U.S. specialty drugmaker Akorn Inc is exploring a bid for Belgian drugmaker UCB SA's U.S. subsidiary, a deal that would allow the company to move its tax domicile overseas in a practice known as inversion, according to people familiar...
  • Treasury monitoring swaps loopholes at U.S. banks: WSJ

    (Reuters) - The U.S. Treasury Department is monitoring banks that are shifting some of their trading operations overseas to avoid tough swaps rules in the country, the Wall Street Journal reported, citing a source from the department. Swaps are contracts...
  • U.S. sanctions Mexican lawyers linked to Sinaloa drug cartel

    WASHINGTON (Thomson Reuters Foundation) - The United States has frozen the assets of three Mexican lawyers and a real estate company allegedly linked to the international drug cartel Sinaloa, known for its violence and kidnappings. The Treasury...
  • 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...
  • OPM allows fed workers to hang on to health cash

    OPM allows fed workers to hang on to health cash
    Federal employees will be allowed to carry money on their health savings accounts into the next year following a months-long lobbying effort by Sen. Ben Cardin of Maryland and other lawmakers in the region. Some 323,000 federal workers set aside a...
  • Cash-strapped Kashkari gets creative in California governor's race

    SAN JOSE, Calif. As the summer wears on and the polls still show him far behind California Gov. Jerry Brown, Neel Kashkari is running the most energetic and high-profile campaign for governor that money can't buy. In 2010, billionaire Republican...
  • Ask Kim: Should I buy a deferred income annuity?

    I understand that the Treasury Department just changed the tax rules so people can now invest IRA money in deferred income annuities without worrying about required minimum distributions. Should I invest in this kind of annuity? If you're starting to...
  • Group picked by Quinn administration made no loans, but kept $150,000

    Group picked by Quinn administration made no loans, but kept $150,000
    As Gov. Pat Quinn's aides sought to pump up an anti-violence program ahead of his November 2010 election bid, they decided to add to the pot $3.76 million in federal disaster recovery funds from Hurricane Ike to make loans to small businesses. In the...