More Treasury Articles

  • U.S. levels new sanctions against Iranian firms

    The U.S. Treasury Department on Friday penalized more than 25 entities and individuals it believes are involved in assisting Iran's nuclear program, supporting terrorism or aiding Tehran's evasion of U.S. and international sanctions.

  • Obama's segue from constructive tax proposals to low-grade demagoguery

    "The tax system should be simplified and work for all Americans with lower individual and corporate tax rates and fewer brackets." That's from the Obama administration's 2009 proposals for tax reform, straight from whitehouse.gov.

  • The Obama bank shakedown

    The Bank of America settlement "highlights a pattern of the government extorting the banks," said a former Wells Fargo CEO, and he's absolutely right.

  • US Treasury bill rates unchanged at weekly auction

    WASHINGTON (AP) — Interest rates on short-term Treasury bills were unchanged in Monday's auction with both the three-month and six-month bills going for the same rates as the previous week. The Treasury Department auctioned $29 billion in three-month bills at a discount rate of 0.030 percent,...

  • The White House hates tax inversions but won't criticize Burger King

    The White House resisted a chance Monday to denounce Burger King for potentially relocating its headquarters to Canada as part of a possible purchase of doughnut and coffee chain Tim Hortons, even though President Obama has repeatedly ripped such corporate moves.

  • Top tax expert: Companies moving abroad to please shareholders

    Companies aren't fleeing the United States because of a lack of tax competitiveness, a top tax expert says. They're leaving to use the trillions of dollars in cash they hold abroad to boost their stock prices.

  • Treasury looks to stop 'corporate deserters' on its own

    President Obama may not be able to stop "corporate deserters" from taking up legal residency in low-tax countries. But it appears that his Treasury Department will try to make the prospect of leaving the U.S. as unattractive as possible.

  • Secular stagnation is a cover-up

    The sooner we truly give up on Keynesianism, the sooner we can fix this economy.

  • Rates at weekly US Treasury bill auction unchanged

    WASHINGTON (AP) — Interest rates on short-term Treasury bills were unchanged in Monday's auction. The Treasury Department auctioned $29 billion in three-month bills at a discount rate of 0.030 percent, unchanged from last week. Another $25 billion in six-month bills was auctioned at a discount...

  • Cause of Action sues 12 departments that allowed White House to intervene in FOIA responses

    President Obama has claimed since his first day in the Oval Office that his administration would be "the most transparent" in history.

  • Foreign holdings of Treasury debt top $6 trillion

    WASHINGTON (AP) — Foreign buyers of U.S. Treasury securities increased their holdings in June, topping $6 trillion for the first time. Total foreign holdings rose 0.6 percent to $6.01 trillion, up from $5.98 trillion in May, the Treasury Department said Friday in its monthly report. The...

  • Treasury takes step toward oil spill trust fund

    NEW ORLEANS (AP) — The U.S. Treasury has set out 97 pages of rules for investing and allocating money that BP PLC and other defendants will pay in Clean Water Act fines for the Gulf of Mexico oil spill of 2010. The rules released Wednesday formally set up a trust fund for money that state and...

  • A showdown is coming over Social Security, but it's not about retirement

    The trust fund for the disability program will run out in late 2016, Social Security's Board of Trustees warned in late July. Without congressional action, disabled workers would immediately face a 25 percent cut in their benefits.

  • Despite the alarm bells, U.S. not getting hammered financially by companies leaving

    Companies leaving the U.S. for low-tax countries might not cost America as much as you thought.

  • Gov't to sell $67B in Treasurys next week

    WASHINGTON (AP) — The government says it will sell $67 billion in Treasury securities next week as part of its regular quarterly refunding auctions. The Treasury Department also announced Wednesday that it will buy back a small amount of securities from market dealers in the fourth quarter to...



From the Weekly Standard

  • ‘We Don’t Have a Strategy Yet’

    "Rooting out a cancer like ISIL won’t be easy and it won’t be quick,” President Obama told the American Legion’s annual convention in Charlotte on Tuesday, August 26. He repeated the thought in...

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  • Small Ball in Wisconsin

    West Allis, Wis. --  Scott Walker looked relaxed. Dressed in light blue Levi’s jeans, a navy polo shirt, and white and gray Nike sneakers, the Wisconsin governor had just finished speaking at a...

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  • Democrats Take the Low Road

    Conway, Ark. "Tom Cotton voted against preparing America for pandemics like Ebola,” a TV ad in Arkansas declared last week. The ad came from Democrat Mark Pryor, who is running for reelection to...

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