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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.

African Americans Building Treasury

By: Monique Nelson
Thursday, February 12, 2015

As we celebrate Black History month, it’s important to remember the contributions African Americans made to Washington, D.C. and the Treasury Department  The city has nurtured many African American leaders since its founding in 1800, including the likes of Benjamin Banneker, Frederick Douglas, Sojourner Truth, Mary McLeod Bethune, Duke Ellington, and Charles Drew to cite just a few.  Now largely forgotten, the work of many DC residents is visible on major landmarks in the city, including the Treasury building.​
Posted in: Black History Month

Secretary Lew Visits Unique Identification Enrollment Center in Mumbai

By: Hagar Chemali
Wednesday, February 11, 2015

Secretary Lew is in India this week to participate in the U.S.-India Economic and Financial Partnership, meet with business leaders, and help further our cooperation on economic issues important to both nations. 
Posted in: Financial Inclusion

In Case You Missed It: Secretary Lew Talks Global Economy, U.S. Economic Outlook on CNBC

By: Macey Matthews
Monday, February 09, 2015

​On February 8, Steve Liesman, CNBC Senior Economics Reporter, sat down with Secretary of the Treasury Jacob J. Lew to discuss the global economy and U.S. economic outlook in advance of his trip to Istanbul, Turkey for the G-20 Finance Ministers and Central Bank Governors Meeting and India for the U.S.-India Economic Financial Partnership Meeting.
Posted in: Global Economy

Treasury Priority: Fighting for U.S. Competitiveness

By: Betsy Bourassa
Friday, February 06, 2015

This week, Secretary Lew appeared before Congress to discuss the President’s budget proposal and other key issues that affect the U.S. and global economy. Members of Congress raised questions about the impact that undervalued currencies have on trade. 
Posted in: Currency

President Obama Visits CDFI Fund Financed Community College and Training Center

By: Annie Donovan
Friday, February 06, 2015

​Today, President Obama delivered remarks on our growing economy and steady job growth at Ivy Tech Community College’s Corporate College and Culinary Arts Training Center in Indianapolis. The President’s visit underscores what is possible if we continue to make investments that increase opportunities for all Americans. The Corporate College and Culinary Arts Training Center was once a vacant building in a low-income neighborhood, and thanks to resources from the U.S. Treasury Department’s Community Development Financial Institutions Fund (CDFI Fund) that leveraged private sector investments, this state-of-the-art facility now offers students a chance to gain the skills needed for well-paying jobs in today’s workforce. ​
Posted in: Community Development Financial Institutions Fund

Treasury Brings Greater Clarity to the Credit Rating Process

By: Michael Stegman
Thursday, February 05, 2015

​One of President Obama’s key housing principles is to put private capital at the center of the housing finance system.  To help advance that goal, Secretary Lew announced that Treasury would launch a Private Label Securities (PLS) initiative in June 2014 to help restart a responsible, sustainable, non-government guaranteed mortgage market. 
Posted in: Housing

Budget Release

By: Erin Donar and Adam Hodge
Monday, February 02, 2015

Earlier today, President Obama sent to Congress his budget for Fiscal Year 2016. Treasury also released the Greenbook, an explanation of the Administration's revenue proposals for Fiscal Year 2016. 
Posted in: Budget

The President’s Proposals to Cut Taxes for Over 44 Million Families

By: Adam Looney
Thursday, January 29, 2015

​In last week’s State of the Union address, the President announced new proposals to reduce taxes on working families and to offset the cost by eliminating inefficient tax breaks that primarily benefit high-income taxpayers. In the President’s plan, individual tax cuts would help boost the paychecks of middle-class and working families, reduce the burden of child care costs while parents work, and help cover the cost of college and retirement.


Posted in: Tax

Secretary Lew Visits a Boston VITA Center

By: Macey Matthews
Friday, January 23, 2015

​Secretary Jacob J. Lew visited the Central Office of Action for Boston Community Development (ABCD) to see firsthand the work they are doing to help the community prepare for the upcoming tax season. ABCD is a long-time partner of the IRS’s Volunteer Income Tax Assistance (VITA) Grant Program, which enables select sites to offer free tax help to low-income individuals who need assistance in preparing their tax returns.
Posted in: Tax Season

In Case You Missed It: Secretary Lew’s Remarks on the State of the Economy and Business Tax Reform

By: Macey Matthews
Friday, January 23, 2015

The morning after the President’s State of the Union address, Treasury Secretary Jacob J. Lew delivered remarks at The Brookings Institution on the state of the U.S. economy and the need to reform our business tax system.
Posted in: Business Tax Reform
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  • The Treasury is the oldest departmental building in Washington and at the time of its completion, it was one of the largest office buildings in the world.

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Secretary Jacob J. Lew discussed “The New 10” announcement and putting a woman on currency with historian Doris Kearns Goodwin on Thursday, July 3...

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