By: Matt Anderson
Wednesday, December 12, 2012
Yesterday, Treasury announced the sale of its final shares of AIG common stock. Including the proceeds from this latest offering, the overall positive return on the Federal Reserve and Treasury's combined $182 billion commitment to stabilize AIG during the financial crisis is now $22.7 billion.
Posted in: Financial Stability
By: Robert Peri
Wednesday, December 12, 2012
Assistant Secretary for Terrorist Financing Daniel Glaser led the U.S. delegation at the third annual U.S.-China Anti-Money Laundering/Combating the Financing of Terrorism (AML/CFT) Workshop, held on December 3-4 in Beijing, China.
Posted in: Terrorist Financing
By: Andrea Risotto and George Gonzalez
Tuesday, December 11, 2012
What are we going to do if we lose the house?" "I can't let anyone find out." "I can't tell the kids. This is going to wreck their lives." "I am all alone." Many of these powerful thoughts have crossed the minds of homeowners who have fallen behind on their mortgage payments. Research conducted by the Ad Council shows that many struggling homeowners delay conversations about their mortgage concerns because they feel confused about where to turn for help and whom to trust.
Posted in: Making Home Affordable
By: Sabrina Siddiqui
Friday, December 07, 2012
On Wednesday, Deputy Secretary Neal Wolin announced key economic development initiatives at the White House Tribal Nations Conference at the Department of the Interior.
Posted in: Tribal Policy
By: Anthony Reyes
Wednesday, December 05, 2012
Today, Secretary Geithner spoke to CNBC's Steve Liesman during a live television interview broadcast from the Diplomatic Room of the Treasury Department where he discussed the need to reach an agreement on the so called “fiscal-cliff” that will strengthen the economy and support job growth.
Posted in: Media Appearances
By: Jenni LeCompte
Wednesday, December 05, 2012
Secretary Geithner indicated that the Obama Administration supports extending the “McConnell Provision” regarding the debt limit -- a part of last year’s Budget Control Act.
Posted in: Debt Management
By: Anthony Reyes
Tuesday, December 04, 2012
Last Friday, Treasurer Rosie Rios participated in the TEDxWomen conference in Washington, DC, where she presented a "TED Talk" as part of the "Poverty and Plenty" session that featured speakers exploring "the space between having a little and having a lot."
Posted in: Media Appearances
By: Anthony Reyes
Friday, November 30, 2012
This Sunday, Secretary Geithner will appear on the four major networks and CNN to discuss the President’s plan to grow the economy, strengthen the middle class and reduce our deficits in a balanced way.
Posted in: Media Appearances
By: Anthony Reyes
Friday, November 30, 2012
U.S. business leaders continue to echo the President’s call for a balanced approach to reducing our deficits and growing our economy.
Posted in: Fiscal Policy
By: Gene Sperling and Jason Furman
Thursday, November 29, 2012
In his Budget, the President proposes to raise $1.56 trillion in revenue from high-income households, including $1 trillion from the expiration of the Bush high-income and estate tax cuts and additional revenue from limiting tax expenditures for high-income households as a part of reforming the tax system to make it simpler, fairer and more efficient.
Posted in: Tax Policy