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U.S. Department of the Treasury

A collection of news and information related to U.S. Department of the Treasury published by this site and its partners.

Top U.S. Department of the Treasury Articles

Displaying items 217-228
  • Treasury's Lael Brainard is reportedly considered for Fed board seat

    Treasury's Lael Brainard is reportedly considered for Fed board seat
    WASHINGTON -- With the Federal Reserve Board facing the potential departure of all its women members, President Obama reportedly is considering nominating a top female Treasury official, Lael Brainard, to fill one of the seats. Brainard, the...
  • Global wine shortage? Here's a rundown of top 10 domestic sources

    Global wine shortage? Here's a rundown of top 10 domestic sources
    Wine lovers received some alarming news recently: Morgan Stanley issued a report this week projecting a global wine shortage. As my colleague David Pierson reported Wednesday, poor weather ravaged European vineyards,  causing global production to dip to...
  • Former Treasury Secretary Timothy Geithner joins private equity firm

    WASHINGTON -- Former Secretary of the Treasury Timothy F. Geithner is becoming a financial industry executive, taking a high-level job with the private-equity firm Warburg Pincus, the firm announced Saturday. Geithner, who was a major player in the...
  • Obama to nominate Stanley Fischer, 2 others to Federal Reserve seats

    Obama to nominate Stanley Fischer, 2 others to Federal Reserve seats
    WASHINGTON -- President Obama will nominate Stanley Fischer, the former head of the Bank of Israel, to be vice chair of the Federal Reserve, and also tapped two other people for seats on the central bank's Board of Governors, the White House said Friday....
  • In Washington, countdown to a shutdown

    "The American people don't want the government shut down, and they don't want Obamacare. The House has listened to the American people." That's what Speaker John A. Boehner (R-Ohio) said at the GOP's victory rally Friday after the House voted to pass...
  • Don't wait on the debt limit

    Much is in flux in Washington this week. But two important realities have remained constant, whether certain elements in the GOP accept them or not: We must not default on the federal debt, and we shouldn't wait until we're on the brink of default to...
  • A drug lord walks free in Mexico

     A drug lord walks free in Mexico
    Shortly after 2 p.m. on Saturday, Feb. 9, 1985, agents of the U.S. Drug Enforcement Administration, frantically searching for their kidnapped comrade Enrique Camarena, spotted the prime suspect — cartel kingpin Rafael Caro Quintero, surrounded by...
  • Mark Kleiman, pot's go-to guy

     Mark Kleiman, pot's go-to guy
    Come New Year's Day, in Washington state and Colorado, marijuana will be legit, courtesy of two ballot initiatives. How do you create a legal business out of an illegal one? After 13 years of Prohibition, the country at least had an earlier legal liquor...
  • Obama won't negotiate on debt limit, Treasury Secretary Lew says

    Obama won't negotiate on debt limit, Treasury Secretary Lew says
    WASHINGTON -- President Obama will not bargain with lawmakers about attaching conditions to an increase in the debt limit, saying Congress has the responsibility to ensure that the nation's bills are paid and the government doesn't default, Treasury...
  • Convicted killer of DEA's 'Kiki' Camarena freed from Mexican prison

    MEXICO CITY -- Notorious drug lord Rafael Caro Quintero, convicted in the 1985 kidnap and murder of an American narcotics agent, was freed from prison Friday after serving 28 years for a crime that vexed U.S.-Mexican relations for decades. Special Agent...
  • Can U.S. prioritize payments as default looms? Many are dubious

    WASHINGTON — If the debt limit isn't raised by Thursday's deadline, the cash flow problems of the world's wealthiest nation could be boiled down to a simple mathematics equation: 10 is greater than 7. The Treasury Department spends an average of...
  • Bart Chilton takes a parting shot at Wall Street

    After almost 30 years in Washington, Bart Chilton will soon be taking his leave. For the past 61/2 years, he has been an outspoken member of the Commodity Futures Trading Commission, one of the financial industry's most important regulators. Chilton...