u s department of the treasury

It's hard to avoid concluding that the confidentiality clause in Baltimore police brutality settlements is meant to protect those who govern the city, rather than those in whose name the city is governed. And in this regard — as, alas, in so many others — Baltimore embodies in an acute form one of the country's broader failures: the lack of accountability among our leaders for their extensive misbehavior.

A panel of transportation gurus who gathered in downtown Baltimore on Thursday all agreed the federal transportation system is broken, but not on how to fix it.

The officials who are responsible for safeguarding the nation's intelligence secrets are trying to figure out how to better vet millions of employees and contractors with security clearances, after auditors found that some of those workers owed more than three-quarters of a billion dollars in unpaid taxes.

Federal employees will be allowed to carry money on their health savings accounts into the next year following a months-long lobbying effort by Sen. Ben Cardin of Maryland and other lawmakers in the region.

There aren't too many Howard County businesses directly affected by the weather in California, but Tin Lizzie Wineworks is one of them.

Two years after defecting from Cuba to Mexico, Triple-A Norfolk outfielder Dariel Alvarez is one of the Orioles' rising position prospects, combining a steady glove in the outfield with an electrifying plate presence.

WASHINGTON (AP) ¿ A fear of voting has gripped Democratic leaders in the Senate, slowing the chamber's modest productivity this election season to a near halt.

In a county where the people who regulate the sale of alcoholic beverages are particularly tough on businesses selling to minors or to intoxicated patrons, what could emerge as a new drinking fad isn't raising any red flags. Not yet.

Operations at NBRS Financial Bank have been fairly normal since the Federal Reserve Board of Governors issued an Prompt Corrective Action Directive to the community bank serving Harford and Cecil counties on April 7, NBRS President Hugh J. Garchinsky said Tuesday.

A series of recent federal reports have raised concerns with safety in small field offices scattered across the country, where federal employees at the IRS, Social Security Administration and other agencies are more likely to interact with the public.

Responding to the Obama Administration's decision to delay enforcement of certain provisions of the Affordable Care Act ("ACA"), a number of politicians and commentators have argued that the president is running roughshod over the U.S. Constitution. Is President Obama abdicating his constitutional duties? To answer, one must consider both the relevant text of the ACA and any legal precedent that considers whether the executive branch enjoys the discretion that it claims to have. Fortunately

The Housing Authority of Baltimore City is selling nearly 40 percent of its public housing to private developers under a national model designed to raise millions for upgrades and maintenance, Commissioner Paul T. Graziano said Wednesday.

Inside a drab computer lab at the Johns Hopkins University, a team of researchers is trying to build something that has never existed before: a digital currency that changes hands completely in secret. Its name is Zerocoin.

Outgoing Federal Reserve chairman helped rescue his country from a second economic depression

Harford County fire and EMS officials are seeking county approval to lower the retirement age for members of volunteer fire and ambulance companies from 55 to 50 years old.

Senate Democrats are pressing the Office of Personnel Management to allow federal workers to carry over a portion of their health savings accounts into the next year.

The makeover of the mills along the Jones Falls into a hub of trendy restaurants and residences has succeeded so well that parts of the area no longer qualify for the federal tax credit that helped finance some of the work.

Terra Nova Ventures would convert the Whitehall Cotton Mill site into 27 apartments, about 25,000 sqare feet of office space, and 20,000 square feet of shopping, about twice the size of Belvedere Square. The design also reserves space for a 6,000-square-foot restaurant with a terrace overlooking the Jones Falls.

The new IRS rules are needed to respond to an avalanche of secret money that threatens to corrupt our political system

The Center for Plain Language, a Washington-based group that promotes clear communication in government and business, released its second annual report card last week assessing how well federal agencies communicate with taxpayers.

Financial planner are fielding anxious questions from federal employees in the wake of the partial government shutdown. The appeal of federal work, besides good benefits, has long been stability — but not so much in the last few years, and the last few months in particular.

Maryland gambling control officials said Tuesday they're "concerned" about allegations in other states involving the company building Baltimore's casino, Caesars Entertainment Corp., and are gathering information.

The parent company of Baltimore's casino said Monday that one of its businesses is the subject of a federal investigation into money laundering — and that it was pulling out of a $1 billion casino venture in Boston.

Congress Wednesday night approved a bipartisan deal to reopen the government and extend the nation's $16.7 trillion debt ceiling into early next year, a measure that will send tens of thousands of federal employees in Maryland back to work.

Democrats are to blame for the government shutdown

Maryland financial advisers and money managers say investors are concerned but not panicked yet by debt ceiling brinkmanship

The debt ceiling, why it's important and what you need to know about it.

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 two-day-old shutdown remains elusive.

Maryland financial professionals look back on financial crisis and the repercussions still being felt

Maryland 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 state regulators approved Tuesday.

The Treasury Department announced that it intends to sell securities in six banks, including Severn Bancorp Inc. of Annapolis, as it winds down the Troubled Asset Relief Program.

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.

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.

Former Md. regulator named to No. 2 Treasury job

Maryland institutions have increased their lending to small business under a federal program by nearly $337.7 million since the low point of the recession, the U.S. Department of the Treasury announced Tuesday.

Delay of employer mandate under health reform gives businesses more time to understand requirements

The Obama administration plans to postpone a key requirement of the president's health law, delaying until 2015 penalties on large employers that don't offer health coverage.

Supplemental Security Income payments to adults and children with disabilities were temporarily unavailable during an intermittent outage in the earning morning hours Monday, the U.S. Treasury Department's Bureau of Fiscal Service said Monday.