By Joseph Lawler | 09/30/14 11:36 AM
While the Federal Reserve has been trying to boost the economy by buying trillions of long-term government bonds, the Treasury Department has been undercutting its efforts by issuing more long-term securities, according to a new report.
By Sean Higgins | 09/24/14 05:48 PM
In addition to the millions for the top executives, Treasury approved more than $500,000 in pay for the top 47 senior employees at the companies, according to a report released Wednesday by Christy Romero, special inspector general for the Troubled Asset Relief Program.
By Susan Crabtree | 09/24/14 04:41 PM
The targets have worked with a number of terrorist organizations, including the Islamic State of Iraq and Syria, al Nusra Front and al Qaeda and its affiliates, to send foreign fighters to Syria and other countries.
By Timothy P. Carney | 09/24/14 01:11 PM
President Obama's Treasury Department recently issued new rules aimed at punishing companies that seek out friendlier or saner corporate tax codes through so-called "corporate inversions."
By Paul Bedard | 09/23/14 01:35 PM
Former President Bill Clinton, who signed into law budget measures that led to the developed world's highest corporate rate of 35 percent, wants it cut to encourage U.S. business to stop fleeing overseas.
By Joseph Lawler | 09/22/14 07:01 PM
In a highly anticipated executive action, Lew said the Treasury Department was taking "initial steps that we believe will make companies think twice" about moving their headquarters abroad for tax purposes.
By Joseph Lawler | 09/17/14 07:56 PM
"Any company considering an inversion is now on notice that there is action that’s going to be taken,—� Lew said.
09/16/14 04:45 PM
WASHINGTON (AP) — Foreign buyers of U.S. Treasury securities trimmed their holdings in July after hitting a record level in June. The two biggest purchasers, China and Japan, both cut back. The Treasury Department said Tuesday in its monthly report that foreign holdings dipped 0.3 percent in...
By Joseph Lawler | 09/12/14 11:41 AM
"They're preparing to act and they'll act as soon as they're ready," said Rep. Sander Levin, the ranking Democrat on the House Ways and Means Committee, which has jurisdiction over tax issues.
By Joseph Lawler | 09/10/14 12:13 PM
"I believe the Treasury Department has completed — or is very close to completing — such a plan, but refuses to make it public," House Ways and Means Committee Chairman Dave Camp said Wednesday.
By Joseph Lawler | 09/09/14 08:36 PM
Although lawmakers in both parties are concerned about them, Democrats aren't likely to call a vote regarding "tax inversions" before the election.
09/08/14 12:30 PM
WASHINGTON (AP) — The Obama administration will decide "in the very near future" what actions it can take to make it less profitable for U.S. companies to shift their legal addresses to other countries, Treasury Secretary Jacob Lew said Monday. A growing number of U.S. companies are shifting...
By Joseph Lawler | 09/06/14 02:06 PM
Four years after the Dodd-Frank financial reform law passed Congress, most of its big regulatory provisions have been written. But that doesn't mean that the lobbying and politicking over the legislation is over.
By Joseph Lawler | 09/04/14 07:15 PM
New regulations intended to prevent future financial panics will force banks and other companies to hold more Treasury securities.
By Kelly Cohen | 09/03/14 07:18 AM
Former GOP Senate leader Trent Lott and former Democratic Senator John Breaux are lobbying for a Russian bank sanctioned by President Obama.
By Paul Bedard | 10/01/14
By Paul Bedard | 10/01/14
By Paul Bedard | 09/30/14
By Susan Crabtree | 10/01/14
By Susan Crabtree | 09/30/14