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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.

Ukraine needs to restructure its debt

By: Nathan Sheets
Wednesday, August 05, 2015

Although the ongoing conflict in Ukraine's east has caught the world's attention, no less important for Ukraine's future are the transformative and unprecedented reforms being undertaken by the government in Kiev, as it seeks to arrest the country's economic crisis and lay the foundation for long-term growth. ​
Posted in: Ukraine

Treasury Disbursed $1.2 Billion in SSBCI Funds to Support Nation’s Small Businesses

By: Jessica Milano
Thursday, July 30, 2015

​The U.S. Treasury Department today issued its latest State Small Business Credit Initiative Quarterly Report, detailing how the program continues to deploy funds to help spur greater levels of private sector lending and investments in small businesses across the country. 
Posted in: SSBCI

Treasury Sends Debt Limit Letter to Congress

By: Dan Watson
Wednesday, July 29, 2015

Today, Secretary Lew sent the following letter​ to Congress regarding the debt limit.
Posted in: Debt Limit

Occupational Licensing Reform

By: Karen Dynan
Tuesday, July 28, 2015

​In response to a growing need to reform our occupational licensing system, Treasury co-authored a report on the topic that was published today ​by the White House.
Posted in: Occupational Licensing

Letter from Secretary Lew to Senator Hatch about Puerto Rico

By: Dan Watson
Tuesday, July 28, 2015

Today, Secretary Lew sent the following letter to Senator Orrin Hatch regarding the situation in Puerto Rico.
Posted in: Puerto Rico

Secretary Lew Meets with the Advanced Counterfeit Deterrence Steering Committee

By: Rosie Rios
Monday, July 27, 2015

​On Friday, Secretary Lew met with the Advanced Counterfeit Deterrence Steering Committee, or the ACD.  This group is responsible for the design, development, production, and issuance of United States currency.
Posted in: Advanced Counterfeit Deterrence

Dodd-Frank At Five: A One-Stop Shop for Wall Street Reform’s Fifth Anniversary

By: Rob Friedlander
Friday, July 24, 2015

​This week marked the five-year anniversary of the Dodd-Frank Wall Street Reform and Consumer Protection Act – the most comprehensive set of reforms to our financial system since the Great Depression.  Today, five years after these reforms were signed into law, nearly all of the major elements of financial reform are in place, our financial system is safer and stronger, and our economy is in a far better position to continue growing and creating jobs.  ​
Posted in: Dodd-Frank

U.S. Mint - VA Center for Women Veterans Collaborate… and Deliver Jobs

By: Elisa Basnight and Rhett Jeppson
Friday, July 24, 2015

The U.S. Mint and the Center for Women Veterans have teamed up to help address one of the biggest challenges facing the more than 2 million women veterans across the nation—unemployment. ​
Posted in: U.S. Mint

A Closer Look at Under Secretary Sheets's Remarks to the NYU Money Marketeers

By: Robert Sockin
Friday, July 24, 2015

In his remarks to the Money Marketeers of New York University, Under Secretary Nathan Sheets discussed a key focus of the G-20 and global financial reform agenda: Identifying, assessing, and mitigating systemic risks that may arise in the non-bank financial sector. 
Posted in: International Affairs

Treasury Participates in Latin America Financial Action Task Force Meetings Focused on Combatting Illicit Finance

By: Jennifer Fowler
Friday, July 17, 2015

​Last week, the Latin America Financial Action Task Force, or GAFILAT – a coalition of sixteen countries – met in San Jose, Costa Rica to further strengthen cooperation against money laundering and terrorist financing.  GAFILAT is focused on combatting illicit financial activity, and its progress toward that goal will directly impact the broader security and prosperity of the region.  Given the strong ties between the U.S. financial system and Latin American economies, targeting financial crime is a shared effort for the United States.​
Posted in: Illicit Finance
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