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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 International Financial Regulatory Cooperation

By: Michael Pisa
Tuesday, March 10, 2015

​Yesterday at the National Association for Business Economics (NABE) Economic Policy Conference, Under Secretary Nathan Sheets delivered remarks focused on the critical role of global financial regulatory cooperation in maintaining U.S. and global financial stability.
Posted in: International Affairs; Nathan Sheets

President’s Advisory Council Continues Work on Financial Capability for Young People

By: Louisa Quittman
Friday, March 06, 2015

This week the President’s Advisory Council on Financial Capability for Young Americans (Council) met at the White House to discuss its work to help provide the nation’s young people with the tools they need to improve their financial futures. Secretary Lew joined other members of the Council as they shared their efforts to improve the financial education, skills, and experiences of young people so that all Americans can start their financial lives on the right foot.
Posted in: Financial Capability

Secretary Lew Sends Debt Limit Letter to Congress

By: Dan Watson
Friday, March 06, 2015

Posted in: Category 1

National Consumer Protection Week: Keeping Your Data Secure

By: Dan Watson
Thursday, March 05, 2015

Enhancing our nation’s cybersecurity is a top priority for the U.S. Department of the Treasury and our partners throughout the federal government. On a day-to-day basis, Treasury works with the financial sector to encourage financial institutions to adopt proven cybersecurity best practices, coordinate cyber threat information sharing, and support cyber incident response and recovery. We’re also making payments to and from the Federal government more secure with new payment technologies.
Posted in: Consumer Protection

The Financial Action Task Force’s Work on Combatting Terrorist Financing

By: Jennifer Fowler
Friday, February 27, 2015

The Financial Action Task Force (FATF), which is the international standard-setting body for anti-money laundering and counter-terrorist financing (AML/CFT), published a report today on the Financing of the Terrorist Organization Islamic State of Iraq and the Levant (ISIL). The report provides a thorough and current analysis of ISIL’s revenue streams and financial activities, including looting banks, exploiting oil fields and other economic resources, extorting the movement of goods and cash entering or transiting ISIL-held territory, and kidnapping for ransom.
Posted in: Terrorism and Financial Intelligence

Treasury Issues Fiscal Year 2014 U.S. Government Financial Report

By: Dan Cruz
Thursday, February 26, 2015

​Today, Secretary Lew submitted the Fiscal Year 2014 Financial Report of the U.S. Government to the President and Congress. This Report, prepared by the U.S. Treasury Department in collaboration with the Office of Management and Budget is largely compiled from financial results reported by 151 federal government entities and provides a picture of the nation’s finances.
Posted in: U.S. Government Financial Report

Helping More Americans Save

By: J. Mark Iwry
Thursday, February 26, 2015

​This week marks America Saves Week, an annual opportunity to encourage all Americans to save and a chance for individuals and families to take stock of their financial health and preparedness. The U.S. Treasury Department joins many organizations and our federal partners in renewing our commitment to helping more Americans save.
Posted in: Personal Finance

In Memphis, New Markets Tax Credits Spur Economic Development

By: Annie Donovan
Monday, February 23, 2015

Over the past weekend, I had the pleasure of joining a groundbreaking ceremony for Crosstown, an exciting revitalization project in Memphis, Tennessee that was financed in part by New Markets Tax Credits from the Community Development Financial Institutions Fund (CDFI Fund).  Crosstown is an example of how the CDFI Fund’s programs attract investments where they are needed the most in underserved and low-income areas throughout the country.
Posted in: CDFI

A Closer Look at Under Secretary Sheets’s Remarks on Global Growth and Policy Calibration at the Peterson Institute

By: Robert Sockin
Friday, February 20, 2015

In his remarks yesterday at the Peterson Institute, Under Secretary Nathan Sheets noted that while there is broad agreement within the G-20 that both demand-side and supply-side factors have hindered global growth, there are still varying views regarding the appropriate policy response. The U.S. Treasury has encouraged countries to pursue strong stimulative policies to address weak demand. Below we highlight the five core observations outlined by Sheets as the analytical and intellectual foundation for this position.
Posted in: International Affairs; Nathan Sheets

Making Transactions with the Government More Secure

By: David A. Lebryk
Wednesday, February 18, 2015

A key mission of the U.S. Department of the Treasury’s Bureau of the Fiscal Service is facilitating safe and efficient financial transactions between the public and the U.S. government. This daily cash flow represents nearly $90 billion.​
Posted in: Bureau of the Fiscal Service
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