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Treasury's official blog, featuring blog posts from Treasury's senior officials and staff sharing news, announcements and information about the work done at the Treasury Department.

Protecting and Promoting Safe Charitable Giving – A Look into the Financial Action Task Force’s Latest Report on the Risk of Terrorist Abuse in the Non-Profit Organization Sector

By: Katherine Gupta
Thursday, July 17, 2014

​For many years, the Treasury Department has been a part of the Financial Action Task Force, which recently published an important report on the Risk of Terrorist Abuse in the Non-Profit Organization (NPO) Sector. 
Posted in: Terrorism and Financial Intelligence

What They’re Saying About Corporate Inversions

By: Erin Donar
Wednesday, July 16, 2014

​Yesterday, U.S. Treasury Secretary Jacob J. Lew sent a letter about corporate inversions to the leaders of the Congressional tax-writing committees, writing that “Congress should enact legislation immediately — and make it retroactive to May 2014 — to shut down this abuse of our tax system.” ​
Posted in: Tax Policy

Secretary Lew Remarks on Cybersecurity at 4th Annual Delivering Alpha Conference

By: Anthony Reyes
Wednesday, July 16, 2014

​Secretary Jacob J. Lew today urged financial institutions and firms to take critical steps to better protect consumers and strengthen the nation's defenses against cybersecurity thefts, disruptions, and attacks. In remarks at CNBC and the Institutional Investor's 4th Annual Delivering Alpha Conference, Secretary Lew specifically called on the U.S. financial sector to improve cybersecurity by using the Administration's new cybersecurity framework for their own systems and as a way to evaluate outside vendors.
Posted in: Cybersecurity

SSBCI Funds Are Creating Jobs and Growing Businesses

By: Dan Cruz
Tuesday, July 15, 2014

​The Treasury Department’s State Small Business Credit Initiative (SSBCI) has disbursed more than $1 billion to date to states and municipalities, which is creating jobs and opportunities across the country. ​
Posted in: State Small Business Credit Initiative (SSBCI)

The Sixth Round of the U.S.-China Strategic and Economic Dialogue

By: Holly Shulman
Monday, July 14, 2014

Last week, Secretary Jacob J. Lew and Secretary of State John Kerry led a U.S. delegation of senior economic officials to Beijing for the sixth round of the U.S.-China Strategic and Economic Dialogue (S&ED), which included meetings with China’s President Xi Jinping, Premier Li Keqiang, Vice Premier Wang Yang, and other senior economic officials. 
Posted in: International Affairs

TARP’s Bank Programs: A Success Story

By: Timothy Bowler
Thursday, July 10, 2014

​Last week’s repayment by Popular, Inc. marked a significant step in the successful wind down of the Troubled Asset Relief Program (TARP) – a key part of Treasury’s response to the financial crisis.​
Posted in: Category 1

Legal Entity Identifier System Turns a Corner

By: Matthew Reed
Thursday, July 03, 2014

​​In the past week, the global Legal Entity Identifier (LEI) system crossed the threshold to move from a start-up initiative to an operational, steady state.
Posted in: Office of Financial Research

More Than $835 Million SSBCI Funds are Supporting Small Businesses Nationwide

By: Jessica Milano
Thursday, July 03, 2014

​Through SSBCI, the Treasury Department continues to help existing and new businesses access the capital they need to expand their operations and hire new workers.​
Posted in: State Small Business Credit Initiative (SSBCI)

CDFI Fund Achievements and Impact Highlighted in 2013 Year in Review

By: Dennis Nolan, Acting Director of the CDFI Fund
Wednesday, July 02, 2014

​The Treasury Department’s Community Development Financial Institutions Fund (CDFI Fund) today released its annual report, the ”2013 Year in Review,” which provides an overview of just how much has been accomplished and how wide-reaching and impactful the CDFI Fund’s programs are. 
Posted in: Community Development Financial Institutions Fund.

Online Resources on the Foreign Account Tax Compliance Act

By: Erin Donar
Wednesday, July 02, 2014

​Yesterday, the Foreign Account Tax Compliance Act (FATCA) went into effect with broad international support. 
Posted in: Tax Policy
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U.S. Treasury Secretary Jacob J. Lew listens to Vice President Joe Biden speak at the 7th US China Strategic and Economic Dialogue (S&ED) and ...

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