United States Department of the Treasury
Cabinet Department
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Washington to press banks on mortgage relief: report (Reuters)...struggling homeowners, The New York Times reported in Sunday editions. "The banks are not doing a good enough job," the Times quoted the Treasury Department's assistant secretary for financial institutions as saying in a Friday... In this article: Washington, Treasury Department, White House, and Reuters |
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Reuters | 1 day ago
UPDATE 2-US Treasury, Fed delay Internet gambling ban 6 mos
...Frank plans hearing on licensing Internet gambling firms (Adds statement from Representative Barney Frank) By David Lawder The U.S. Treasury and Federal Reserve on Friday delayed the implementation date for a new Internet gambling payment...
In this article: Internet gambling, Barney Frank, U.S. Federal Reserve, Policies and Procedures, Tax, U.S. Treasury, House Financial Services Committee, and George W. Bush
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UPDATE 1-US Treasury monitoring Dubai debt situation
Adds details, market reaction) The U.S. Treasury Department is closely monitoring the situation in Dubai, which has requested payment delays on billions of dollars in debt owed by state conglomerate Dubai World, Obama administration...
In this article: Dubai, Dubai World, Jim Flaherty, U.S. Treasury Department, United States, and G7
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US Treasury, Fed delay Internet gambling ban 6 mos
The U.S. Treasury and Federal Reserve on Friday delayed the implementation date for a new Internet gambling payment ban for six months, a move that gives lawmakers time to clear up confusion over illegal practices or overturn the ban. In...
In this article: Internet gambling, U.S. Treasury, and U.S. Federal Reserve
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AP Online | 3 days ago
Treasurys strengthen on high demand for 7-yr notes
In this article: Treasury Department, Inflation, British Bankers' Association, and NEW YORK
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washingtonpost.com | 3 days ago
Treasurys strengthen on high demand for 7-yr notes
NEW YORK -- Treasury prices mainly rose Wednesday after a strong auction for seven-year notes. Bond prices had slumped earlier in the day on rising stocks and upbeat reports on the economy. Demand was strong for the $32 billion in...
In this article: Treasury Department, Inflation, British Bankers' Association, and NEW YORK
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Treasurys recover, rise on strong demand
NEW YORK -- Treasury prices recovered from early losses Monday as investors took advantage of a dip in prices to add more government debt to their portfolios. Prices had been lower for much of the day as a weaker dollar drove investors to...
In this article: Treasury Department, Inflation, National Association of Realtors, British Bankers' Association, and NEW YORK
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UPDATE 2--US Treasury to hold auction to sell TARP warrants
Adds analyst quote, background) By Corbett B. Daly The U.S. Treasury Department on Thursday said it would auction off stock warrants it received from three big banks that received taxpayers funds from the government's $700 billion...
In this article: Treasury Department, TARP, Deutsche Bank, Goldman Sachs, Jpmorgan, Capital One Financial Corp, Troubled Asset Relief Program, and TCF Financial Corp
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Treasury to sell warrants as 3 banks exit bailouts
...(AP) - The Treasury Department will auction off warrants for three big banks that it acquired as part of the bailout program. Treasury says it will begin auctioning warrants for JPMorgan Chase & Co, Capital One Financial Corp. and...
In this article: Treasury Department, TCF Financial Corp., Capital One Financial Corp., Deutsche Bank, Jpmorgan Chase & Co, and Washington
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Description from Wikipedia:
The Department of the Treasury is an executive department and the treasury of the United States federal government. It was established by an Act of Congress in 1789 to manage government revenue. The Department is administered by the Secretary of the Treasury, who is a member of the Cabinet.
The first Secretary of the Treasury was Alexander Hamilton, who was sworn into office on September 11, 1789. Hamilton was asked by President George Washington to serve after first having asked Robert Morris (who declined, recommending Hamilton instead). Hamilton almost single-handedly worked out the nation's early financial system, and for several years was a major presence in Washington's administration as well. His portrait is on the obverse of the U.S. ten-dollar bill and the Treasury Department building is shown on the reverse.
Besides the Secretary, one of the best-known Treasury officials is the Treasurer of the United States, who receives and keeps the money of the United States. Facsimile signatures of the Secretary and the Treasurer appear on all modern United States currency.
The Department prints and mints all paper currency and coins in circulation through the Bureau of Engraving and Printing and the United States Mint. The Department also collects all federal taxes through the Internal Revenue Service, and manages U.S. government debt instruments.
- Name:
- Department of the Treasury
- Headquarters:
- Treasury Building
- Founding Date:
- September 02, 1789
- Head:
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- Timothy Geithner
- Rosa Gumataotao Rios
- Neal S. Wolin
- No. of Employees:
- 115,897 (2007)
- Child Agency:
- Several others
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