| Jul 31, 2013
| 3:40 PM
President Barack Obama has appointed Sarah Bloom Raskin, a former top Maryland financial regulator, as deputy secretary of the U.S. Treasury Department, the White House announced late Wednesday.
Raskin, 52, has served as a governor of the Federal...
| Aug 29, 2013
| 4:42 PM
Legally married same-sex couples will be recognized for federal tax purposes no matter what state they live in, the Internal Revenue Service and the Treasury Department announced Thursday.
The policy change follows the Supreme Court decision in June...
| Sep 7, 2013
| 12:56 PM
Lester A. Houck, a retired Treasury Department worker who was the oldest member of Wesley United Methodist Church, died Aug. 16 of liver failure at Vir-Les, his Westminster farm. He was 101.
The son of farmers, Lester Adelbert Houck was born on the...
| Sep 11, 2013
| 3:43 PM
The Treasury Department announced it intends to sell securities of six banks, including Severn Bancorp Inc. of Annapolis, as it winds down the Troubled Asset Relief Program.
TARP was created five years ago to stabilize the country's financial system...
| Dec 3, 2013
| 9:49 AM
Some of the biggest political contributors in recent elections don't appear on any list of the usual suspects; they are neither corporations, unions nor extremely wealthy individuals. Instead, they are new nonprofit organizations that have been granted...
| Sep 17, 2013
| 5:53 PM
Small businesses buying health coverage for their employees through a new state insurance marketplace could pay anywhere from 5 percent less to 15 percent more in premiums next year under rates Maryland regulators approved Tuesday.
The Maryland Insurance...
| Sep 22, 2013
The excited voices on CNBC radio riveted financial adviser John Bacci's attention as he drove to Chestertown five years ago for a routine client visit.
The stock market was in freefall that Sept. 29 after Congress rejected a $700 billion rescue of the...
| Oct 2, 2013
| 6:06 PM
President Barack Obama will make his case for reopening the federal government at a construction firm in Maryland on Thursday as a political solution to end the 2-day-old shutdown remains elusive.
Obama will visit the Rockville office of Baltimore-based...
| Oct 9, 2013
| 6:17 PM
Until recently, the markets largely ignored the political jockeying over whether to raise the federal debt ceiling, figuring there's no way Congress would purposely default on the nation's obligations and potentially throw the U.S. economy into another...
| Oct 13, 2013
After plunging early in the week over fears that the United States might default on its debts, stocks rallied Thursday and Friday after House Republicans showed a willingness to temporarily extend the debt ceiling for six weeks.
Investors clearly were...
| Oct 15, 2013
| 12:45 PM
It's no surprise that the liberal media and The Sun blame the government shutdown — or slim down — on Republicans, the tea party and Texas Sen. Ted Cruz ("Grow up, Congress," Oct. 14).
But The Sun comes up short when it comes to facts...
| Oct 16, 2013
| 9:31 PM
A bipartisan deal to reopen the government and extend the nation's $16.7 trillion debt ceiling into early next year won overwhelming support in Congress late Wednesday, allowing tens of thousands of federal employees in Maryland to return to work starting...