More Treasury Articles

  • Rates mixed at weekly US Treasury auction

    WASHINGTON (AP) — Interest rates on short-term Treasury bills were mixed in Monday's auction. Rates on three-month bills slipped and rates on six-month bills were unchanged. The Treasury Department auctioned $25 billion in three-month bills at a discount rate of 0.030 percent, down from 0.035...

  • Treasury Secretary to visit Detroit on jobs push

    DETROIT (AP) — U.S. Treasury Secretary Jacob Lew plans to visit Detroit this week to explore ways to promote job creation and economic growth. An announcement about Lew's planned visit says he'll highlight the continued commitment of President Barack Obama's administration to the city's...

  • Treasury Department investigating U.S. mystery plane in Iran

    A mysterious American plane seen at an airport in Iran may have violated U.S. law by landing in Tehran, which the Treasury Department will investigate. U.S. law "would generally prohibit U.S. registered aircraft from flying to Iran," State Department spokeswoman Jen Psaki told reporters Friday.

  • Cost of filing taxes: 15 hours of 'lost time'

    Simply filing taxes and complying with Uncle Sam's tax code costs the U.S. 6.1 billion hours and $224.3 billion, a jaw-dropping amount that when reduced to individual filers totals $90 billion in "lost time" to meet the April 15 tax filing deadline, according to a "tax day" analysis. The...

  • Foreign holdings of US Treasury debt increase

    WASHINGTON (AP) — Foreign buyers of U.S. Treasury securities increased their holdings in February to another record high. The Treasury Department says total foreign holdings rose 0.8 percent to $5.89 trillion, up from $5.84 trillion in January. China, the largest foreign buyer of Treasury...

  • Janet Yellen's 'low-flation' nonsense

    Will somebody please explain to me how rising inflation is somehow going to extricate us from the tepid economic recovery? I don't get it. It used to be hypothesized that low inflation was the key to high economic growth. For everybody in the economy, low inflation was a tax cut. Conversely,...

  • Obama administration unveils new sanctions over Crimea

    The Obama administration on Friday announced another round of sanctions against individuals supporting Russia’s annexation of Ukraine’s Crimean peninsula, also targeting an oil company that is based in the disputed region.

  • US Treasury raises $2.38b in Ally stock sale

    WASHINGTON (AP) — The Treasury Department has raised $2.38 billion after selling a large chunk of its stock in Ally Financial Inc. as part of the government's ongoing effort to recoup the billions of dollars spent bailing out companies during the 2008 financial crisis. Treasury said Wednesday...

  • Eric Holder refers Congress to Treasury for legal basis of Obamacare delays

    Attorney General Eric Holder told a House panel that lawmakers interested in knowing the legal basis for President Obama's delay of the Affordable Care Act's employer mandate should look to the Treasury Department for answers.

  • Final tally: Economy grew at 2.6-percent rate in fourth quarter

    The U.S. economy grew at a 2.6-percent annual rate in the fourth quarter of 2013, the Bureau of Economic Analysis reported in its third and final estimate of real gross domestic product Friday. The BEA had initially estimated that growth was 3.2 percent, but that was revised down to 2.4...

  • Confusing Obamacare regs define 30-hour week as 40 hours

    The administration is confusing and frustrating businesses and lawmakers with new Obamacare regulations that define full-time as working just 30 hours, but sometimes rely on the traditional 40-hour week and even a new and unheard of standard of 35 hours in guidance to employers facing a maze of...

  • Letter to the Editor: Treasury inspector general's office has cleaned up

    The Washington Examiner received the following letter to the editor in response to a March 7 article titled "Treasury investigators needed someone investigating them." I am disappointed that the March 7, 2014, Washington Examiner article titled “Treasury investigators needed someone...

  • US Treasury rates mixed at weekly bill auction

    WASHINGTON (AP) — Interest rates on short-term Treasury bills were mixed in Monday's auction, with rates on three-month bills unchanged while rates on six-month bills dropped to their lowest level since early February. The Treasury Department auctioned $25 billion in three-month bills at a...

  • Treasury didn't check for legal authority before delaying Obamacare mandate

    Treasury Department officials didn't check to make sure they had the legal authority to delay an Obamacare mandate before issuing guidance that flouted the text of the law, a department official told House investigators. Treasury Assistant Secretary for Tax Policy Mark Mazur, who announced the...



From the Weekly Standard

  • Kennedy’s Question

    We often think of the Constitution as a two-part document: first the original 1787 text, which primarily establishes the government’s structure; and then the amendments, which primarily set...

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  • Mitch McConnell, Judicial Activist

    "This is the best Supreme Court, if you’re interested in a free society and in the ability of Americans to participate in the political process with a minimum amount of government restrictions....

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  • Snatching Failure From Victory In Afghanistan

    Media reports suggest that President Obama is looking to declare victory and withdraw from Afghanistan, as he did from Iraq. The military commander in Afghanistan, General Joe Dunford, has said...

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