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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.

The Lehman Bankruptcy Seven Years Later

By: Adam Hodge
Tuesday, September 15, 2015

Seven years ago today, Lehman Brothers filed for bankruptcy. The bankruptcy — the largest in U.S. history — was catastrophic for the firm’s shareholders, creditors, counterparties, and employees.
Posted in: Financial Reform

This National Preparedness Month, Protect Your Finances

By: Louisa Quittman
Monday, September 14, 2015

​September is National Preparedness Month, and it is an opportunity for Americans to assess how prepared they are to face natural disasters like fires, floods, hurricanes, and earthquakes.
Posted in: Financial Education

Treasury Sends Debt Limit Letter to Members of Congress

By: Dan Watson
Thursday, September 10, 2015

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

Acting Under Secretary Szubin Highlights the Iran Deal in his Visit to Israel

By: Jamie Obal
Tuesday, September 01, 2015

​Yesterday, Adam Szubin, Acting Under Secretary for Terrorism and Financial Intelligence, concluded his visit to Israel, where he met with senior Israeli government officials and thought leaders to discuss the Joint Comprehensive Plan of Action (JCPOA) as well as our shared efforts to counter Iran’s support for terrorism, its missile program, and other malign activities.  The trip was the first to Israel by a Treasury Department official since the nuclear agreement between Iran and the P5+1 partners was reached in July.  
Posted in: Terrorism and Financial Intelligence

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
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