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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.

National Consumer Protection Week 2016 - Financial Inclusion Budget Items

By: Melissa Koide
Thursday, March 10, 2016

This week marks National Consumer Protection Week. Treasury joins the Federal Trade Commission and many other organizations in highlighting the importance of protecting Americans from bad products and making sure they have the resources, tools, and skills to navigate the increasingly complex financial services sector.  ​
Posted in: Financial Inclusion

The Story of the Freedman’s Bank

By: Lorraine Cole
Monday, February 29, 2016

​​The U.S. Treasury Department recently marked the 150th anniversary of the Freedman’s Savings and Trust Company by naming the Treasury Annex building as the Freedman’s Bank Building. The following video shares the story of this important institution, which remains a significant part of American history.
Posted in: Freedman's Bank

Treasury Issues Fiscal Year 2015 U.S. Government Financial Report

By: Dan Cruz
Thursday, February 25, 2016

Today, Secretary Lew submitted the Fiscal Year 2015 Financial Report of the U.S. Government to the President and Congress. This report is prepared by the U.S. Treasury Department in collaboration with the Office of Management and Budget, and it is largely compiled from financial results reported by over 150 federal government entities and provides a picture of the nation’s finances.
Posted in: U.S. Financial Report

America Saves Week

By: Karen Dynan
Thursday, February 25, 2016

During America Saves Week, the Treasury Department is taking the opportunity to highlight the vital role that saving plays in our economy. Having sufficient savings is important both for the economic security of individual households and for the long-run performance of our economy. For families, having more savings can help them cope with unforeseen circumstances, such as unexpected healthcare costs or sudden layoffs. It also provides them with more opportunities. Having more financial resources means they are better able to pay for college, buy a car, start a business, or put a down payment on a home. Finally, saving plays an important part in retirement security, and along with Social Security and private pension income in retirement, can help families enjoy a better standard of living when they are older.
Posted in: Category 1

A New, FAIR Approach to Infrastructure Investment

By: Meaghan Muldoon
Thursday, February 25, 2016

In a speech this week at the Infrastructure Investors Forum, I had the opportunity to discuss proposals put forth by Treasury and the Administration for increasing investment in public infrastructure, and to highlight a series of recent accomplishments—including both executive actions and successful legislation—that have helped to create more opportunity for public and private investment.
Posted in: Category 1

We Must Avoid Another Lost Decade in Puerto Rico

By: Tara Watson
Wednesday, February 24, 2016

Puerto Rico’s fiscal crisis follows years of economic deterioration on the Island.  The contraction in the economy has been longer and more severe than what the mainland experienced during the Great Recession and has imposed severe hardship on the 3.5 million American citizens living in Puerto Rico.  And there are few signs of recovery.
Posted in: Puerto Rico

United States Mint Launches Design Competition

By: Rhett Jeppson and Beverly Ortega Babers
Thursday, February 18, 2016

The United States Mint is calling on American artists to design a coin to commemorate the centennial of America’s involvement in World War I, and we invite you to help spread the word.
Posted in: MINT

Lookback on a Meeting of Two Leading International Bodies focused on Countering ISIL’s Finances

By: Daniel Glaser
Wednesday, February 17, 2016

On February 14 in Paris, France I co-chaired an unprecedented joint session of the Financial Action Task Force (FATF) and the Counter ISIL Finance Group (CIFG)  to collaborate on efforts to disrupt ISIL’s finances. 
Posted in: ISIL

Working to Achieve Better Outcomes for Student Loan Borrowers

By: David Lebryk
Thursday, February 11, 2016

The Obama Administration is committed to improving all aspects of the federal student loan program for borrowers, from applying for a loan through the loan’s repayment. As part of that commitment, Treasury’s Bureau of the Fiscal Service initiated a joint pilot program with the U.S. Department of Education for the collection of a small sample of defaulted federal student loans.
Posted in: Student Loans

Assistant Secretary Glaser’s Trip to London Shines a Spotlight on Efforts to Counter ISIL’s Finances

By: Betsy Bourassa
Thursday, February 11, 2016

Assistant Secretary for Terrorist Financing Daniel Glaser traveled to London for conversations with senior government officials and policymakers on ISIL specifically, and terrorist financing issues more broadly.
Posted in: ISIL Financing
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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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Treasury Secretary Jacob J. Lew conducts a bilateral conversation with French Finance Minister Michel Sapin on July 12, 2016 in Paris, France.

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