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U.S. Treasury Acts to Avoid Hitting Debt Limit

By Townsquare News Network 2 weeks ago

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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Category: Townsquare News National, Townsquare News Network Tags: , , , ,
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

By Townsquare News Network January 10, 2013

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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Category: Townsquare News Network, Townsquare News Political Tags: , , , , ,
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Don Farrall, Getty Images
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U.S. Treasury Takes Steps to Avoid Borrowing Limit

By Dave Polaski December 26, 2012

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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Category: Townsquare News Network Tags: , , ,
Dan Kitwood, Getty Images
Dan Kitwood, Getty Images
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U.S. Treasury Announces Final AIG Stock Sale

By Townsquare News Network December 10, 2012

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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Category: Townsquare News Network Tags: , , , , , ,
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

By Townsquare News Network July 31, 2012

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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Category: Townsquare News National, Townsquare News Network Tags: , , , , , ,
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U.S. Treasury to Release Corporate Tax Plan

By Townsquare News Network February 21, 2012

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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Category: Townsquare News Network Tags: , , ,

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