By: Clifton Kellogg
Monday, February 04, 2013
Small business owners face disproportionate challenges in the aftermath of the recession and credit crisis, including difficulty accessing capital. Treasury’s State Small Business Credit Initiative (SSBCI)—a critical component of the President’s Small Business Jobs Act—helps to unlock credit for small businesses.
Posted in: Small Business
By: Charles Collyns
Thursday, January 31, 2013
A group of officials representing four government agencies traveled to Mexico to demonstrate a joint commitment to work together to achieve the vision that President Obama and President Peña Nieto expressed when they met last year: to build and deepen the economic cooperation between the two governments. Assistant Secretary for International Finance Charles Collyns writes about his trip.
Posted in: International Affairs
By: Anthony Reyes
Wednesday, January 30, 2013
Here is a joint fact sheet from the Treasury and Health and Human Services Departments on two sets of proposed regulations released today that implement key provisions of the Affordable Care Act.
Posted in: Affordable Care Act
By: Anthony Reyes
Friday, January 25, 2013
Four years ago, Tim Geithner was confirmed as the 75th Secretary of the Treasury amidst the worst financial crisis since the Great Depression and an economy on the verge of collapse. While there is more work that remains to be done, four years later, he leaves office with a growing economy that continues to strengthen and a safer financial system becoming more resilient each day. Here are 75 facts about the Secretary and his tenure.
Posted in: History
By: Andrea Risotto
Thursday, January 24, 2013
In this video, Alvina McHale, former Director of Marketing for Treasury’s Homeownership Preservation Office, offers advice for struggling homeowners and speaks about the benefits of attending one of the free mortgage assistance events.
Posted in: Making Home Affordable
By: Timothy G. Massad
Wednesday, January 23, 2013
In 2012, Treasury continued making significant progress
winding down TARP – collecting nearly $70 billion in additional repayments and other
income. Indeed, during the last year, we saw a number of important milestones,
including the sale of our final shares
of AIG common stock, Treasury’s announcement that it intends to exit
its remaining investment in General Motors within the next 12-15 months
(subject to market conditions), and other key transactions.
Posted in: Financial Stability
By: Anthony Reyes
Friday, January 18, 2013
Earlier this week, the Internal Revenue Service (IRS) announced a new simplified option that many owners of home-based businesses and some home-based workers will be able to use to calculate their home office tax deduction. People around the country are voicing their support for this change and how it will benefit small businesses.
Posted in: Tax Policy
By: Nicholas Bramble and Nick Sinai
Thursday, January 17, 2013
Treasury recently hosted a Finance Data Working Session to brainstorm new uses and applications of government data that would help empower consumers.
Posted in: Consumer Policy
By: Deputy Secretary Neal S. Wolin and SBA Administrator Karen G. Mills
Tuesday, January 15, 2013
Today, many taxpayers who qualify for the home office tax deduction are not claiming it. The reasons often cited are that businesses and filers do not fully understand the provisions or find it too complicated to calculate the amount. That is about to change.
Posted in: Small Business
By: Gustavo Arnavat
Tuesday, January 15, 2013
The importance of education in promoting economic growth is a universal concept. At the Inter-American Development Bank (IDB), where the United States is a major shareholder, we seek to promote sustainable economic development and reduce poverty and inequality in the Latin American and Caribbean region through investments in a wide array of sectors, including education.
Posted in: Inter-American Development Bank
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