US Treasury News

About 15.4 million U.S. taxpayers could end up owing federal taxes above and beyond payroll deductions this year, a Treasury Department inspector general said.

Not sure what to give Uncle Sam this Christmas? How about a nice, fat check to help whittle away at the $7.6 trillion national debt? The U.S. Treasury Department accepts gifts, payable to the Bureau of the Public Debt.

U.S. Treasury Secretary Timothy Geithner on Wednesday said tight credit for small business would hinder the economic recovery and called on banks to boost lending to smaller firms.

In another sign that the government's emergency financial programs are being reeled in, the Treasury Department said Thursday it will auction off warrants for three banks that it acquired as part of last fall's bailouts.

Despite worries about the value of its foreign assets, China increased its holdings in United States Treasury securities in September by $1.8 billion.

Nov. 18 -- Gene Sperling, counselor for domestic policy issues at the Treasury Department, talks with Bloomberg's Matt Miller and Carol Massar about the outlook for the U.S. economy.

President Barack Obama's choice for a top job with the Treasury Department is having tax problems.

One recurring issue has been whether the Treasury Department must seek a warrant prior to freezing the assets of those suspected of terrorist financing.

The Federal Reserve's initial emergency plan last fall to save then-failing American International Group was so hastily put together and poorly structured that it resulted in billions of additional taxpayer dollars spent on the insurance giant, says a new report by a Treasury Department independent watchdog.

Value of loans at biggest banks drops in Sept. Digg it MARTIN CRUTSINGER AP Economics Writer= WASHINGTON A A A' The value of loans held by the largest banks who received the largest amounts of government bailout support fell for an eighth consecutive month in September, according to the Treasury Department.

Foreign demand for U.S. securities soared in September, the Treasury Department said on Tuesday, as investors grew more confident about a recovery in the world's largest economy.

Gov.-elect Chris Christie, saying he's 'deeply concerned' with the New Jersey's budget outlook, on Monday urged Gov.

GM will be begin paying back the TARP money in December, the company announced this morning.

Troubled auto and home lender GMAC Financial Services said Monday CEO Alvaro de Molina is stepping down.

The United States government's pay czar is facing a dilemma after pay cuts he ordered at seven firms came under fire from both Wall Street executives and the public.

U.S. federal deficit hit a record 176.4 billion U.S. dollars in October, reported the Treasury Department on Thursday.

Against the backdrop of a tentative global recovery, President Obama and China's leaders will meet in Beijing next week to discuss how to improve relations between the world's reigning economic superpower and its greatest challenger.

The number of homeowners on the brink of losing their homes dipped in October, the third straight monthly decline, as foreclosure prevention programs helped more borrowers.

Even as the housing market continues to stagger, foreclosure filings in October declined for the third month in a row.

Not sure what to give Uncle Sam this Christmas? How about a nice, fat check to help whittle away at the $7.6 trillion national debt? The U.S. Treasury Department accepts gifts, payable to the Bureau of the Public Debt.