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Seven Charged in NJ/NY Treasury Check Scheme

Federal prosecutors say seven people from New Jersey and New York took part in an extensive scheme to collect millions of dollars by fraudulently obtaining refund checks issued by the U.S. Treasury.

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U.S. Treasury Acts to Avoid Hitting Debt Limit

The government says it will temporarily suspend sales of U.S. Treasury securities to state and local governments at noon on Friday, the first step to avoid breaching the nation's borrowing limit.

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President Barack Obama and Jack Lew (Kristoffer Tripplaar-Pool/Getty Images)
President Barack Obama and Jack Lew (Kristoffer Tripplaar-Pool/Getty Images)
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Obama Nominates Jack Lew to Lead Treasury

President Barack Obama is announcing Treasury secretary nominee Jack Lew, pointing to his past work of balancing budgets during the Clinton administration.

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Don Farrall, Getty Images
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U.S. Treasury Takes Steps to Avoid Borrowing Limit

The U.S. Treasury Department will begin taking steps this week to delay hitting the government's $16.4 trillion borrowing limit. Without those steps, the debt limit would be hit on Dec. 31.

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Dan Kitwood, Getty Images
Dan Kitwood, Getty Images
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U.S. Treasury Announces Final AIG Stock Sale

The U.S. governments says it is selling its remaining shares of American International Group stock, moving to close the books on the government's biggest bailout during the 2008 financial crisis.

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U.S. Treasury Secretary Timothy Geithner (Alex Wong, Getty Images)
U.S. Treasury Secretary Timothy Geithner (Alex Wong, Getty Images)
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Europeans Committed to Monetary Union, Says Geithner

Treasury Secretary Timothy Geithner says Europe has the financial wherewithal to deal with the region's crippling financial crisis and bolster the eurozone in the long-run.

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U.S. Treasury to Release Corporate Tax Plan

A senior administration official says that the Treasury Department plans to release information about its forthcoming plan to overhaul the corporate tax system on Wednesday.

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