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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.
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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

Update on the ACA and Tax Filing Season

By: Mark J. Mazur
Friday, July 17, 2015

In an effort to be as transparent as possible and in response to Congressional inquiries, IRS reported some preliminary tax filing data related to the ACA.
Posted in: Affordable Care Act; Internal Revenue Service

BEP Hosts Open House on the New $10 Bill

By: Clare Kim
Thursday, July 16, 2015

The Bureau of Engraving and Printing hosted an open house on Wedne​sday about the new $10 redesign effort which will feature a notable woman as the portrait and revolve around the theme of democracy.
Posted in: Bureau of Engraving and Printing; Currency; The New $10

The CFPB Turns Four

By: Rob Friedlander
Thursday, July 16, 2015

​July 21 is not just the fifth anniversary of the Dodd-Frank Wall Street Reform and Consumer Protection Act, it is also the fourth anniversary of the Consumer Financial Protection Bureau.
Posted in: Consumer Financial Protection Bureau

Treasury Seeks Public Comments on Marketplace Lending

By: Antonio Weiss
Thursday, July 16, 2015

As we seek to make sure the benefits of our continuing economic recovery reach all Americans, it is important that more consumers and small businesses have broad access to safe and affordable credit. That is why Treasury is releasing a request for information (RFI) in the Federal Register on expanding access to credit for small businesses and consumers through online marketplace lending.

 

Posted in: Marketplace Lending

Liberia: Transitioning to Economic Recovery from Ebola

By: Marisa Lago
Wednesday, July 15, 2015

​​I had the privilege to recently visit Liberia to see firsthand how they are containing Ebola, to emphasize the United States’ commitment to Liberia’s economic development, and to highlight the important role of the World Bank, African Development Bank (AfDB), and IMF in supporting Liberia’s economic recovery.  Although Liberia was declared Ebola-free on May 9, sadly it has reported recent deaths and new cases.  Nevertheless, the heroic response to Ebola is a testament to the leadership of President Ellen Johnson Sirleaf; the determination of the Liberian people, communities, and health workers; and the strong support of the United States and international partners.  

Posted in: International Affairs

Transparency: Five Years after the Dodd-Frank Act

By: Rob Friedlander
Wednesday, July 15, 2015

​Wall Street Reform recognized that markets require transparency to work properly.  It has helped to re-align incentives so that markets work for everyone through reforms to derivatives and securitization markets, hedge fund reporting requirements, and executive compensation as well as the creation of the Office of Financial Research.
Posted in: Dodd-Frank
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