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
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
By: Under Secretary for International Affairs Nathan Sheets
Tuesday, April 21, 2015
Posted in: International Trade
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
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
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 USASpending.gov website in order to make it easier to review existing federal spending data. The USASpending.gov 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: USASpending.gov
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
By: Treasurer of the United States Rosie Rios
Tuesday, March 24, 2015
For over 75 years, the March of Dimes Foundation has provided dedicated services toward improving the lives of women, children, and infants. This year, the United States Mint sought to honor the wonderful work of the Foundation, particularly in its fight to eradicate polio, in a ceremonial striking of the 2015 March of Dimes Silver Dollar at the Mint’s West Point facility.
Posted in: Women's History Month, March of Dimes, United States Mint
By: Michael McRaith
Monday, March 23, 2015
On January 12, 2015, President Obama signed into law the Terrorism Risk Insurance Program Reauthorization Act of 2015 (TRIPRA 2015) which reauthorizes the Terrorism Risk Insurance Program for six years. Title II of TRIPRA 2015, the National Association of Registered Agents and Brokers Reform Act of 2015 (NARAB II), reestablishes the National Association of Registered Agents and Brokers (the Association), which originally was authorized by the Gramm-Leach-Bliley Act in 1999, but never ultimately established.
Posted in: Federal Insurance Office, Wall Street Reform
By: Guy Munsch
Monday, March 23, 2015
Women’s History Month is the perfect moment to reflect upon the role of the Treasury in bringing women into the government workforce and hiring some of the earliest female employees of the federal government. The Civil War contributed to dramatic societal shifts across the country. Mobilization and extended fighting over the years of the Civil War (1861-1865) diminished the male labor force which in turn spearheaded the hiring of women by the Treasury Department.
Posted in: Women's History Month, Office of the Curator