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US Treasury News

News on US Treasury continually updated from thousands of sources around the net.

5 hrs ago | Free Republic

White House: 2014 Deficit to Drop $100B

The White House said Friday that the federal government's budget deficit will drop to $583 billion this year, the lowest level of President Barack Obama's tenure.

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Related Topix: US Politics, US News, Barack Obama

10 hrs ago | Bloomberg

Budget Gap Shrinks to Narrowest Since 2008 So Far in Fiscal Year

The U.S. budget deficit so far this fiscal year was the smallest since 2008 as a stronger economy bolstered tax payments by consumers and businesses, a government report showed.

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Related Topix: US News

14 hrs ago | The Globe and Mail

U.S. budget surplus falls to $71-billion in June

The U.S. budget surplus was $71-billion at the end of June, down 39 per cent from the same period last year, according to data released by the Treasury Department on Friday.

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Related Topix: US News

Thu Jul 10, 2014

Detroit Free Press

Congressman Dale Kildee urges federal government to use Hardest Hit funds for commercial demolition

An effort under way in the nation's capital could free up millions of dollars that could be used to demolish abandoned commercial buildings in Detroit and elsewhere in Michigan.

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Related Topix: US Politics, US News, Dale Kildee, US House of Representatives, Democrat, Representative Dan Kildee, Detroit, MI

State Department

Sanctions Against a Hezbollah Front Company

As the Treasury Department announced today, the United States targeted a key Hezbollah procurement network by designating brothers Kamel Mohamad Amhaz and Issam Mohamad Amhaz; their business, Stars Group Holding, which is based in Beirut and has subsidiaries in China and the UAE; and certain managers and individuals who supported their illicit ... (more)

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Related Topix: US News

Wed Jul 09, 2014

Bloomberg

Sanctions Vows Against Russia Called a Paper Tiger

Four months after Vladimir Putin 's government annexed Crimea, the U.S. and European Union have failed to deliver on threats to cripple Russia's economy, penalizing fewer than 100 people and companies.

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Related Topix: World News, Russia, Asia, us Travel, Travel, Vladimir Putin, US Politics, US News, US Senate, Republican, Bob Corker, Tennessee

Dallas Morning News

Good reasons to buy a deferred income annuity

I understand that the Treasury Department just changed the tax rules so people can now invest IRA money in deferred income annuities without worrying about required minimum distributions.

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Related Topix: US News, IRA, Personal Finance

The Jersey Journal

State officials hope to begin Greystone demolition by end of year

The 678,000-square-foot Kirkbride Building was the center of the old Greystone Park Psychiatric Hospital.

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Related Topix: Parsippany, NJ, US News, Morris County, NJ

Tue Jul 08, 2014

State Department

Secretary's Travel to China

MODERATOR: Thanks to everyone for coming out this evening. We have with us two senior officials to talk a bit more in background on background about the S&ED.

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Related Topix: US News, Asia, North Korea, World News

WNYC-AM New York

Against 'Islamic State' Militants, Treasury May Need To Try New Tools

It's not going to be enough to hopefully push them back militarily. We're also going to have to do a whole lot more to deny them the ability to have access - primarily through criminal enterprise - to continued financial independence.

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Related Topix: Terrorism, Iraq, World News, Middle East, US News

Bellingham Herald

Customs under fire for sweeping scans of employees' personal data

In one program, the agency's internal affairs division shared employees' Social Security numbers with the FBI, looking for possible criminal leads.

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Related Topix: Social Security, Personal Finance, Criminal Defense Law, Law, US News

InvestmentNews

Sterne Agee confirms CEO was fired after investigation report

Sterne Agee Group Inc. on Monday confirmed that the decision to fire its former chief executive, James S. Holbrook, came after the firm was notified by federal investigators that he was the target of an investigation.

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Related Topix: US News

Mon Jul 07, 2014

American Reporter

First PersonTHE Government Really Does Work

There's been a lot of talk of late that there are glimmers of hope in the American economy.

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Related Topix: US News, Home, Mortgage, Personal Finance, Economics News, Bankruptcy

KDWN

Report: Homeowners paid $3.1B cash in settlement

A new report says homeowners have received about $3.1 billion in cash under a federal settlement with 13 big banks over alleged misconduct in processing mortgages that may have resulted in wrongful foreclosures.

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Related Topix: Home, Mortgage, Personal Finance, Foreclosures, Cohen Group, Consulting, US News

Insurance News Net

Flexible final regs on longevity annuities

The new Treasury Department regulations on longevity annuities have been promulgated as final.

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Related Topix: US News

Fri Jul 04, 2014

MarketWatch

Retirement Weekly: IRAs, 401(k)s can include longevity annuities

The U.S. Department of the Treasury and the Internal Revenue Service this week issued final rules regarding longevity annuities, annuities that federal regulators say can help retirees manage their savings and ensure they have a stream of regular income throughout their advanced years.

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Related Topix: US News, Tax

Thu Jul 03, 2014

JD Supra

Treasury Department Announces Effort to Revive Private Label Securities Market

On June 26, the Department of the Treasury announced an effort to revive the residential mortgage-backed private label securities market to improve the overall efficiency of the U.S. housing finance system.

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Related Topix: US News, Home, Mortgage, Personal Finance

Kiplinger Online

Good Reasons to Buy a Deferred Income Annuity

I understand that the Treasury Department just changed the tax rules so people can now invest IRA money in deferred income annuities without worrying about required minimum distributions.

Comment?

Related Topix: IRA, Personal Finance, US News, MetLife, Insurance

American Reporter

Make My DayHOW the Lawyers Lost Christmas

As we've seen over the past few months, Americans are not happy with the way things are.

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Wed Jul 02, 2014

Reuters

Doral Financial wins round in Puerto Rico legal case, shares jump

Troubled lender Doral Financial Corp said an appeals court in Puerto Rico reversed a lower court's ruling that it lacked jurisdiction to hear a case stemming from its tax dispute with the island's government.

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Related Topix: Financial Services, Doral Financial, US News

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