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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.

New Members to the Community Development Advisory Board

By: Dan Cruz
Thursday, May 21, 2015

This week, the Community Development Advisory Board (Advisory Board) convened a public meeting at Treasury. Secretary Jacob J. Lew delivered opening remarks and swore in two new members. The Advisory Board provides advice to the Director of Treasury’s Community Development Financial Institutions Fund (CDFI Fund) on the policies and activities of the CDFI Fund.
Posted in: CDFI Fund

Better data, Better decisions, Better government

By: David Mader and David Lebryk
Friday, May 08, 2015

A year ago, Congress passed the Digital Accountability and Transparency Act of 2014, or the DATA Act. Since then, the Office of Management and Budget (OMB) and the Department of the Treasury (Treasury) have engaged with the communities that create and use this data and taken important first steps towards creating a more data driven government, and making federal data more transparent and available to the American people. Today marks the beginning of the next phase of implementation of the DATA Act.

Posted in: DATA Act

Administration Officials Join Baltimore Students to Discuss Opportunities

By: Louisa Quittman
Friday, May 08, 2015

Many young people in communities like Baltimore’s west side need opportunities to achieve their goals and contribute to the vitality and strength of their communities. We must consider what we can do on a variety of fronts to ensure that we can address economic disparities, especially those facing young people. 
Posted in: Financial Capability

Retirement Savings Made Easy for Small Business at Glen’s Garden Market

By: Dan Watson
Thursday, May 07, 2015

​​To mark National Small Business Week, Secretary Lew visited Glen's Garden Market in Washington, DC to thank a local small business owner for making myRA available to her employees. myRA has no fees, no required minimum contributions and no risk of losing money. ​
Posted in: myRA

The Importance of Women in Our Economy: Maintaining Progress and Removing Barriers

By: Jennifer Hunt
Friday, May 01, 2015

Yesterday, the U.S Treasury Department and the White House Council on Women and Girls held the fifth Women in Finance Symposium. This event brings together experts from the public and private sectors to discuss economic issues and the role of women as corporate leaders in the financial community, with a goal of inspiring the next generation of women and girls who may consider finance as a future career.
Posted in: Category 1

A Closer Look at Under Secretary Sheets’s Remarks on the U.S.-China Strategic and Economic Dialogue at CSIS

By: Robert Sockin
Friday, May 01, 2015

​In his keynote address on Wednesday, at an event on “The U.S.-China Relationship in an Evolving Global Economic Order” hosted by the Center for Strategic and International Studies, Under Secretary Nathan Sheets discussed the importance of the Strategic and Economic Dialogue (S&ED) for U.S. engagement with China. As part of his remarks, Sheets outlined some of the key bilateral and global issues on which the two countries are engaged.
Posted in: International Affairs

PEPFAR - Treasury Collaboration to Combat HIV/AIDS in Sub-Saharan Africa

By: Ramin Toloui and Dr. Deborah Birx
Tuesday, April 28, 2015

In addition to the direct human suffering and death toll associated with HIV/AIDS, the disease also has severe economic consequences.  Often afflicting the heart of the working-age population, the illness — especially when left untreated — saps economy-wide productivity, keeps workers out of the labor force, disrupts investment, and undermines entrepreneurial energy.  Left unchecked, HIV/AIDS can devastate a country’s finances, crippling growth and turning back hard-won development gains.

Posted in: International Affairs

The Treasury Building: Civil War Fortress

By: Guy Munsch
Monday, April 27, 2015

​​​In commemoration of the 150th anniversary this month of the end of the Civil War and the Presidency of Abraham Lincoln, the Office of the Curator  has displayed exhibits throughout the Treasury building highlighting that historic period of the time.  One of the exhibits takes a look at the role of the Treasury Department in the time period before, during and after the Civil War. 

Posted in: Office of the Curator

CDFIs Promote Young People’s Financial Capability in Native American Communities

By: Annie Donovan
Friday, April 24, 2015

April is Financial Capability Month and a perfect time to highlight programs like the Native Community Development Financial Institutions (Native CDFIs), which are successfully improving the financial literacy and capability of young people in Indian Country. Native CDFIs are specialized financial institutions who work to increase access to fair and affordable financial services in Native Communities, and many are offering innovative financial education programs for Native youth.
Posted in: Community Development Financial Institutions

Expanding the Market for Infrastructure Public-Private Partnerships

By: Elaine Buckberg
Wednesday, April 22, 2015

High quality and reliable infrastructure is essential to our economy and to our daily lives.  We need to continually modernize and maintain our roads, bridges, and water systems to ensure that the United States remains an attractive place for companies to do business and for Americans to live, work, and travel.  That’s why President Obama has called on Congress to increase federal investments in our nation’s infrastructure, especially our transportation system. Earlier this year, the President sent Congress the GROW AMERICA Act, a six-year, $478 billion proposal to increase funding for highways, roads, bridges, transit, and rail systems around the country.

Posted in: Economic Policy
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