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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.

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

Ten Former Treasury Secretaries Urge Passage of Trade Promotion Authority

By: Under Secretary for International Affairs Nathan Sheets
Tuesday, April 21, 2015

Posted in: International Trade

Research Shows Financial Success Starts Early

By: Louisa Quittman
Thursday, April 16, 2015

As part of the Financial Literacy and Education Commission's (Commission) efforts to share information and research that can help prepare young people for their financial lives, we recently worked with the Journal of Consumer Affairs to solicit new academic papers on ways to improve the financial capability of young people. Ten academic research papers are now published and publicly available in the Spring 2015 “Special Issue on Starting Early for Financial Success.” The Commission has a strategic focus on reaching young people at the early stages of life to help them prepare for their financial futures, and this research complements our work.
Posted in: Financial Literacy and Education Commission

April Marks National Financial Capability Month

By: Melissa Koide
Wednesday, April 01, 2015

​Today marks the start of National Financial Capability Month, and to kick off the month, Secretary Lew yesterday participated in a discussion on financial inclusion at the Federal Reserve Bank of San Francisco with representatives from financial services institutions and technology firms. He shared Treasury’s interest in increasing the availability of safe and affordable financial services for unbanked and underbanked individuals. Treasury is working to improve Americans’ financial health by ensuring that more consumers have access to safe and affordable financial services and products, and by supporting efforts to share information and research in areas that can improve the financial skills of young people.
Posted in: Consumer Policy, Financial Capability

Transparency Refresh: Improvements to the Website

By: David A. Lebryk
Wednesday, April 01, 2015

Consistent with the Administration’s efforts to increase transparency, participation and collaboration with the public, this week Treasury made a number of improvements to the website in order to make it easier to review existing federal spending data. The website provides the public with access to spending data for federal awards like contracts, grants and other financial assistance from across the federal government.
Posted in:

Deputy Secretary Raskin Calls for Cyber Resilient Financial System

By: Dan Cruz
Friday, March 27, 2015

 Deputy Secretary Sarah Bloom Raskin spoke about the importance of improving cybersecurity in the financial services sector at the City Week 2015 International Financial Services Forum in London this week. Building on her speech this winter, Cybersecurity for Banks: 10 Questions for Executives and their Boards, Deputy Secretary Raskin discussed the growing cybersecurity threat and the achievable resilience needed to address this challenge.
Posted in: Cybersecurity
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