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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.

HAMP Rate Reset: Just the Facts

By: Mark McArdle, Chief of the Homeownership Preservation Office
Wednesday, March 12, 2014

​The Home Affordable Modification Program (HAMP) has set new standards for mortgage assistance in the housing industry. Many private sector modifications now look a lot like HAMP modifications, with over four million homeowners in private sector modifications benefiting from the framework of the HAMP program. Below are answers to questions about how the HAMP rate reset will impact homeowners in the program.  
Posted in: Homeownership Preservation

Making Home Affordable Five Years Later

By: Mark McArdle, Chief of the Homeownership Preservation Office
Tuesday, March 11, 2014

Since the launch of Making Home Affordable (MHA) in 2009, Treasury has worked diligently to help homeowners at risk of foreclosure and stabilize the nation’s housing market.
Posted in: Making Home Affordable

The Importance of IMF Reforms to Support Ukraine

By: Anthony Reyes
Thursday, March 06, 2014

As the crisis in Ukraine ensues, Secretary Jacob J. Lew has stressed the important role the United States has in providing economic support for the Ukrainian government, together with our international partners. 
Posted in: International Monetary Fund

SSBCI Reaches New Heights for Small Businesses as President Obama Proposes an Extension

By: Matt Bevens
Thursday, March 06, 2014

​The results of the innovative SSBCI funding model – along with the success of the program through last quarter – help explain why President Obama proposed an extension of SSBCI and an additional $1.5 billion in funding in his FY 2015 budget this week​. 
Posted in: State Small Business Credit Initiative

Budget Day

By: Anthony Reyes
Tuesday, March 04, 2014

Earlier today, President Obama sent to Congress his budget for Fiscal Year 2015. Treasury also released its budget and the Greenbook, an explanation of the Administration's revenue proposals for Fiscal Year 2015. 
Posted in: Budget Day

The Financial Literacy and Education Commission: Working to Promote Saving and Enhance Financial Capability

By: Stephen Deane
Friday, February 28, 2014

​February 2014 has been an active month for the Financial Literacy and Education Commission (FLEC)
Posted in: Financial Literacy and Education Commission

Treasury Hosts The Morton Meetings In Honor of Black History Month

By: E. Lance Williams
Friday, February 28, 2014

​T​reasury closed out Black History Month this week by hosting the first "Morton Meetings," an event focused on financial empowerment and supporting access to capital for all, including African Americans. 
Posted in: Black History Month

The Freedman’s Savings Bank: A Historic Place in the Financial Empowerment of African Americans

By: Monique Nelson
Friday, February 21, 2014

​Few know that the Treasury Annex on Pennsylvania Avenue was built on the site of the Freedman’s Savings and Trust Company, more popularly known as the Freedman’s Savings Bank, which played a notable role in African American history during Reconstruction.
Posted in: Office of the Curator

Secretary Lew Visits the San Francisco Mint

By: Jana Prewitt
Thursday, February 20, 2014

Secretary Lew visited the United States Mint in San Francisco while in California Wednesday. Speaking to employees there, the Secretary praised the operation, noting that the facility “is impressive in terms of people and technology” and that “coins made by the Mint are universal, touching everyone and are symbolic of the strength of our economy.”​
Posted in: United States Mint

A Look At What They’re Saying About myRA Across the Country

By: Brandi Hoffine
Tuesday, February 18, 2014

Take a look at what newspaper editorial boards and financial columnists across the country are saying about the myRA retirement program.
Posted in: myRA
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April 14, 2014 - Secretary Lew and Ukrainian Finance Minister Oleksandr Shlapak met at Treasury and later participated in a signing ceremony for a...

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