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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.
1

The Wind Down of TARP is Almost Complete

By: Adam Hodge
Monday, December 30, 2013

​The U.S. Treasury Department made significant progress towards completing the wind down of the Troubled Asset Relief Program (TARP) in 2013.
Posted in: Financial Stability

Historic Photograph of Salmon P. Chase Donated to the Treasury

By: Richard Cote
Thursday, December 26, 2013

Recently, the Treasury Historical Association donated to the Department an 1862 photograph of Secretary Salmon P. Chase. The image is important to Treasury in that it was used twenty years later by the photographer, Henry Ulke, to paint, posthumously, Chase’s official portrait and it is the likeness that was used on the first one dollar bill printed in 1862 and the $10,000 bill.
Posted in: Curator

Year In Review: The Office of Financial Research

By: Barbara Shycoff
Monday, December 23, 2013

This past year, the Office of Financial Research (OFR or Office) has advanced substantive work to achieve its mission, building on its progress since being established by the Dodd-Frank Wall Street Reform and Consumer Protection Act.
Posted in: Office of Financial Research

Year in Review: Treasury’s Efforts to Invest in Our Communities and Grow American Small Businesses

By: Matt Bevens
Friday, December 20, 2013

​At the Department of the Treasury, the Small Business Lending Fund (SBLF) the State Small Business Credit Initiative (SSBCI), and the Community Development Financial Institutions Fund (CDFI Fund) work together to power local growth, create a more inclusive economy and drive America’s recovery.  As the year draws to a close, below are some highlights from our work in 2013.
Posted in: Small Business

Disrupting Drug Trafficking Networks – Progress in 2013

By: Michael Swanson
Thursday, December 19, 2013

​Treasury made significant progress this year in our efforts to target drug lords worldwide and disrupt their support​ networks.
Posted in: Office of Foreign Assets Control

Year In Review: Secretary Lew and the Global Economy

By: Holly Shulman
Wednesday, December 18, 2013

​From China to Europe, and in meetings with his counterparts from around the world, the Secretary emphasized policies to grow the U.S. and global economy, level the playing field for American workers and businesses and to create jobs.
Posted in: International Affairs

Three for Three! Exceeding Our Small Business Contracting Goals for the Third Consecutive Year

By: Lorraine Cole, Ph.D.
Tuesday, December 17, 2013

The U.S. Department of the Treasury understands that small businesses play a critical role in driving economic growth. Because of that, we have made purchasing goods and services from small businesses a top priority. 
Posted in: Small Business

Treasury Notice Advances Federal Tax Equality for Same-Sex Married Couples

By: Betsy Bourassa
Monday, December 16, 2013

The Supreme Court’s decision in U.S. v. Windsor last June, invalidating a key provision of the Defense of Marriage Act, has given rise to crucial protections to same-sex married couples nationwide.  In August, Treasury and IRS helped to clarify the federal tax implications of Windsor by determining that all legal same-sex marriages will be recognized for federal tax purposes.  Today, Treasury and IRS made significant progress in further promoting tax equality by issuing a new, related notice.
Posted in: Tax Policy

What Others Are Saying About the Approval of the Volcker Rule

By: Anthony Reyes
Wednesday, December 11, 2013

​Five financial regulatory bodies today approved a final Volcker Rule to safeguard taxpayers from risky bank activity. Here’s what a few people are saying about this important provision.
Posted in: Wall Street Reform

Regulators Finalize the Volcker Rule

By: Suzanne Elio
Tuesday, December 10, 2013

The five regulatory agencies charged with implementing the Volcker Rule, a provision of Wall Street Reform, today approved a final rule.  Treasury, which had a statutory role to coordinate the rulemaking, applauded the regulators' work.

Posted in: Wall Street Reform
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