New Jersey 101.5 » U.S. Treasury

U.S. Treasury Acts to Avoid Hitting Debt Limit

Townsquare News Network — Thu, 16 May 2013 03:10:00 +0000

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.

Read More|Comment

Obama Nominates Jack Lew to Lead Treasury

Townsquare News Network — Fri, 11 Jan 2013 03:19:12 +0000

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

Read More|Comment

U.S. Treasury Takes Steps to Avoid Borrowing Limit

Dave Polaski — Thu, 27 Dec 2012 04:13:00 +0000

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.

Read More|Comment

U.S. Treasury Announces Final AIG Stock Sale

Townsquare News Network — Tue, 11 Dec 2012 01:51:50 +0000

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.

Read More|Comment

Europeans Committed to Monetary Union, Says Geithner

Townsquare News Network — Wed, 01 Aug 2012 01:52:18 +0000

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.

Read More|Comment

U.S. Treasury to Release Corporate Tax Plan

Townsquare News Network — Wed, 22 Feb 2012 04:10:20 +0000

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.

Read More|Comment