By: Tara Watson
Thursday, October 20, 2016
This brief focuses on changes in how young adults are transitioning into the labor market. What happens to them once they leave school? How much do they earn? How long are they unemployed or entirely out of the labor force? Have those trends changed over time?
Posted in: US Treasury Economic Security Issue 2
By: Richard Ludlow
Tuesday, October 18, 2016
This week, we mark National Retirement Security Week – a time to focus on what Americans can be doing to ensure they have a secure nest egg when they retire.
Making the right savings decisions today will pay off in the future. And adequate retirement savings are vital not only for the financial futures of individual households, but also for the health of the economy as a whole.
Posted in: myRA
By: James Clark and Brian Smith
Monday, October 17, 2016
As noted in the Request for Information on the Evolution of the Treasury Market Structure issued earlier this year, Treasury is considering the potential benefits and costs of additional public transparency in the Treasury market. While we recognize the Treasury market is unique in ways that could affect the applicability of experience from other markets, we are reviewing lessons learned from the introduction or enhancement of transparency in other markets as one part of our comprehensive assessment. This post evaluates experience with public transparency in the corporate bond and swaps markets.
Posted in: Fixed income markets
By: Jessica Milano
Thursday, October 13, 2016
Treasury today issued program evaluation reports for the State Small Business Credit Initiative (SSBCI) and the Small Business Lending Fund (SBLF) detailing how the programs have provided critical resources to small businesses and communities across the country and helped strengthen the economy at the local level.
Posted in: State Small Business Credit Initiative
By: Larry McDonald and Michael Pisa
Thursday, October 06, 2016
As finance officials from around the world gather in Washington for the annual meetings of the International Monetary Fund (IMF) and World Bank, facilitating continued access to the global financial system, including through correspondent banking relationships, remains an issue of shared interest.
By: Jamal El-Hindi
Monday, October 03, 2016
To fight money laundering effectively, an organization must have trained individuals at every level and provide those individuals with the proper resources and systems needed to carry out their compliance duties. Perhaps most importantly, compliance staff need support from the leaders of their organizations.
Posted in: FinCEN
By: Rob Runyan
Monday, October 03, 2016
Eight years ago today, the Emergency Economic Stabilization Act of 2008 became law, putting the Troubled Asset Relief Program (TARP) into effect. Over the months and years that followed, Treasury has managed this unprecedented program to stabilize the economy and strengthen the recovery in ways few thought possible on October 3, 2008.
Posted in: TARP
By: Mark J. Mazur
Monday, September 26, 2016
A progressive tax system – in which those with the highest incomes who are most able to pay taxes, pay a greater percentage of their income than those with lower incomes – has been a key principle of the American income tax system. However, in the years prior to 2008, changes in tax policy sharply reduced the progressivity of the tax code.
Posted in: Category 1
By: Dan Cruz
Wednesday, September 21, 2016
On Friday, September 23, 2016, the U.S. Treasury Department will host the Freedman's Bank Forum to explore ways to build an economy that works for all Americans. The Forum will be webcast live on the Treasury’s website, and we invite you join us.
Posted in: Financial Inclusion
By: Melissa Koide
Thursday, September 15, 2016
The Treasury Department’s Financial Empowerment Innovation Fund supports the development, testing, and evaluation of new products and services that make safe and affordable financial services available to more Americans. We are pleased to share today the results of a recent research contract that was funded by the Treasury Innovation Fund.
Posted in: Financial Empowerment Innovation Fund