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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.

Standardizing and Simplifying the Government’s Data on Federal Spending

By: David Lebryk and David Mader
Monday, August 31, 2015

Following a robust engagement with stakeholders, DATA Act standards have been finalized to provide a foundation to improve the quality and consistency of data available.

Posted in: DATA Act

Another Step Forward Under the Student Aid Bill of Rights

Friday, August 28, 2015

Earlier this year, President Obama unveiled a Student Aid Bill of Rights to ensure strong consumer protections for student loan borrowers and issued a Presidential Memorandum to begin making those rights a reality. Last month, as part of that directive, the Department of Education announced a number of new steps we are taking to help Americans manage their student loan debt.
Posted in: Federal Student Aid

CDFI Fund Weighs Public Input from Listening Tour

By: Annie Donovan
Friday, August 28, 2015

This month, Treasury’s Community Development Financial Institutions Fund (CDFI Fund) wrapped up its National Listening Tour. We spent the summer soliciting public input regarding a new strategic framework for the CDFI Fund. 
Posted in: CDFI

Treasury Discusses Somali Remittances During Visit to Minneapolis

By: David Tessler
Thursday, August 27, 2015

On Thursday, senior officials from the Treasury Department visited Minneapolis at the invitation of Congressman Keith Ellison for meetings focused on remittances and the Somali community in the United States.  
Posted in: Somalia

Volcker Adds Voice to Growing Chorus Cautioning Against Abandoning Iran Deal, Pursuing Unilateral Sanctions

By: Josh Drobnyk
Friday, August 21, 2015

​Former Federal Reserve Chairman Paul Volcker has joined the growing chorus of economic leaders cautioning against the notion of backing away from the Iran agreement and seeking to unilaterally ramp up sanctions as some critics of the Iran agreement have suggested.​
Posted in: Iran Nuclear Agreement

Comment Period on Marketplace Lenders RFI Extended

By: Jessica Milano
Tuesday, August 18, 2015

Today the Treasury Department extended the comment period to give the public more time to respond to the Request for Information (RFI) on marketplace lending titled “Public Input on Expanding Access to Credit through Online Marketplace Lending.” The public will now have through September 30, 2015 to provide comments.
Posted in: Marketplace Lending

The Clean Power Plan Will Benefit our Economy and Environment

By: Karen Dynan
Wednesday, August 05, 2015

​The Clean Power Plan presents real economic opportunity by helping accelerate our economy’s transition to a low-carbon future while supporting the United States’ leadership on international climate action.  
Posted in: Climate Change

Ukraine needs to restructure its debt

By: Nathan Sheets
Wednesday, August 05, 2015

Although the ongoing conflict in Ukraine's east has caught the world's attention, no less important for Ukraine's future are the transformative and unprecedented reforms being undertaken by the government in Kiev, as it seeks to arrest the country's economic crisis and lay the foundation for long-term growth. ​
Posted in: Ukraine

Treasury Disbursed $1.2 Billion in SSBCI Funds to Support Nation’s Small Businesses

By: Jessica Milano
Thursday, July 30, 2015

​The U.S. Treasury Department today issued its latest State Small Business Credit Initiative Quarterly Report, detailing how the program continues to deploy funds to help spur greater levels of private sector lending and investments in small businesses across the country. 
Posted in: SSBCI

Treasury Sends Debt Limit Letter to Congress

By: Dan Watson
Wednesday, July 29, 2015

Today, Secretary Lew sent the following letter​ to Congress regarding the debt limit.
Posted in: Debt Limit
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