3 hrs ago
Sixteen ASG 4th quarter...
When the Executive Branch recently released the 4th quarter performance report for fiscal year 2012, the performance report of the Treasury Department was not included; and it has outraged a handful of lawmakers and worried some in the new administration of governor-elect Lolo Matalasi Moliga.
Fri Aug 29, 2014
Consumers Will Owe Uncle Sam If They Got Health Insurance Subsidies Mistakenly
Washington, DC, United States - Consumers getting government subsidies for health insurance who are later found ineligible for those payments will owe the government, but not necessarily the full amount, according to the Treasury Department.
My FOX Chicago
Economic sanctions spare Western-tied Russian fund
Western business connections are complicating efforts to bring economic sanctions against executives and companies closely aligned with Russian President Vladimir Putin's inner circle.
US steps up sanctions on Iran's nuke program
The Obama administration on Friday sanctioned more than two-dozen people and companies for aiding Iran's illegal nuclear activities and violating existing sanctions against Tehran.
Wed Aug 27, 2014
MomentumLOVE is All Around
As we've seen over the past few months, Americans are not happy with the way things are.
BIS Publishes Rule on Export Prohibitions to Russia
On August 6, 2014, the Bureau of Industry and Security of the Department of the Treasury published a rule on export prohibitions to Russia on items for use in its energy sector.
Mobile payments are taking off, and by 2017, consumers worldwide are likely to be using the technology to spend $700 billion or more annually, according to Forrester Research.
Tue Aug 26, 2014
Supreme Court declines claims over payments to nobles
Sione Taione against the Tongan government, accusing it of unlawfully making payments to three nobles, was rejected by the Supreme Court on Friday 22 August.
Direct bidders buy low share of U.S. 2-year note supply
Large investment managers and other direct bidders purchased 12.14 percent of a $29 billion two-year Treasuries note issue at an auction held on Tuesday, their lowest share in more than a year, Treasury Department data showed.
Early Bitcoin User Interviewed By Federal Officers
MrBingoBoingo writes Recently a Bitcoin user reports being interviewed over their past use of a now defuct exchange service by agents from the FBI and Treasury Department.
Mon Aug 25, 2014
WNDU-TV South Bend
Sen. Donnelly asks Pres. Obama to address 'abuse' of current tax code
U.S. Senator Joe Donnelly sent a letter to President Obama on Monday expressing concern with the increasing trend of American companies shifting their legal address from the United States to low-tax countries in order to avoid corporate tax liability here at home.
Christian Science Monitor
Will the Treasury Department put a stop to US corporate inversions?
Treasury Secretary Jack Lew speaks at the 5th Annual Making Home Affordable Summit in June.
Banks to meet with Treasury Department on cyber threats -sources
A group of Wall Street banks plan to meet the U.S. Treasury Department and other government officials next month to talk about how to cooperate to fend off cyber attacks, people familiar with the matter told Reuters.
The Wall Street Journal
Can Treasury Make Inversions Rule Stand Up in Court?
Treasury Department officials are hunkered down, sorting through heaps of tax law to try and remove some of the economic incentives that fuel certain cross-border acquisitions.
Sat Aug 23, 2014
Yesterday’s inversion buyers become tomorrow’s M&A targets
With a record number of U.S. tax-inversion deals shrinking the pool of possible targets, the next crop of acquirers may pursue their former American peers that have already reincorporated abroad.
Fri Aug 22, 2014
Return To Local Control
Flint's state-appointed emergency manager says the city is making financial progress but has work to do before returning to local control.
Thu Aug 21, 2014
Jay Z and Beyonce's 2013 Cuba Trip Declared Legal
There's East Coast vs West Coast then there's U.S.A vs. Cuba. Over a year after Jay Z and Beyonce's trip to Cuba sprouted controversy, U.S. government officials have declared the trip not in violation of the U.S.-Cuba embargo.
Treasury looks to stop 'corporate deserters' on its own
President Obama doesn't have the authority to simply stop the companies he calls "corporate deserters" from taking up legal residency in low-tax countries.