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Treasury's official blog, featuring blog posts from Treasury's senior officials and staff sharing news, announcements and information about the work done at the Treasury Department.

Small Business Lending Fund: Creating $5.2 Billion (and counting…) in Additional Capital for Small Business Owners

By: Don Graves
Monday, July 09, 2012

Treasury’s Small Business Lending Fund (SBLF) was created to help small businesses access the capital they need to create jobs and expand operations. Treasury today sent Congress a new report with Page Content strong evidence that SBLF is doing just that. Specifically, Treasury’s SBLF Use of Funds report demonstrates that, as of the end of the first quarter of 2012, banks and community development loan funds (CDLFs) participating in the SBLF increased their lending to small businesses by $5.2 billion—representing a $433 million increase over the last quarter of 2011.
Posted in: /Resource Center/Small Business Programs/Small Business Lending Fund

Treasurer Rosie Rios welcomes the public to new exhibit and tour at the United States Mint at Philadelphia

By: Suzanne Elio
Tuesday, July 03, 2012

​On the eve of the ​Fourth of July, Treasurer Rosie Rios today welcomed the public to a new exhibit and tour at the United States Mint at Philadelphia, Pennsylvania that illustrates the making of coins and medals at the facility and the important role the United States Mint plays in connecting Americans to their history.
Posted in: U.S. Mint

FinCen's Electronic Filing to Enhance Data Quality and Significantly Reduce Costs

By: Steve Hudak
Monday, July 02, 2012

A new requirement to electronically file Financial Crimes Enforcement Network (FinCEN) forms became effective on July 1, 2012. This will result in significant savings for the U.S. Government, financial institutions, and ultimately for the U.S. taxpayers. Mandatory E-Filing will also enhance the quality of FinCEN’s electronic data, improve its analytical capabilities, and ultimately it will make it quicker and easier for law enforcement to track criminal money.​
Posted in: Financial Crimes Enforcement Network

The MyMoneyAppUp Challenge – Submit Your Mobile App Ideas to Help Americans be Smarter Financial Consumers

By: Sophie Raseman
Wednesday, June 27, 2012

Today the U.S. Department of the Treasury, together with partners the D2D Fund and the Center for Financial Services Innovation, kicked off the MyMoneyAppUp Challenge to solicit ideas from the public for mobile applications to help Americans shape their financial futures everyday—even while on the move.
Posted in: Financial Capability

Supporting Our Military Families

By: Sabrina Siddiqui
Tuesday, June 26, 2012

Today, First Lady Michelle Obama joined Illinois Governor Pat Quinn at the Illinois National Guard Armory in Chicago as he signed into law the "Military Family Licensing Act," which will help military spouses and veterans transfer their professional licenses to Illinois more easily.
Posted in: Category 1

VIDEO: What is Driving Economic Growth?

By: Sabrina Siddiqui
Monday, June 18, 2012

Assistant Secretary for Economic Policy Jan Eberly sat down with the Huffington Post to discuss economic growth in the United States. Drawing from a set of charts recently released by Treasury, Eberly discusses misconceptions about regulations.pdfregulations and their impact on economic growth. 
Posted in: Economic Policy

Tune In: Under Secretary Mary Miller talks Wall Street Reform on Washington Journal

By: Matthew Weil
Wednesday, June 13, 2012

​This morning, Under Secretary for Domestic Finance Mary Miller will interview live with C-SPAN’s Pedro Echevarria, host of C-SPAN’s morning call-in show, Washington Journal.  The interview is part of C-SPAN’s week-long series focused on the economy and the U.S. financial system.
Posted in: Wall Street Reform

Chart of the Day: Lengthening the Average Maturity of Outstanding Treasury Securities

By: Colin Kim
Monday, June 11, 2012

​Since the depths of the financial crisis in late 2008, Treasury has lengthened the average maturity of outstanding marketable Treasury securities by nearly 32 percent.

Posted in: Debt Management

Treasury Delivering Value through IT Reform

By: Robyn East
Friday, June 08, 2012

Since OMB released the 25 Point Implementation Plan to Reform Federal IT Management in December 2010, the Treasury Department has embraced the initiative’s core goals of achieving operational efficiency and effectively managing large-scale IT programs.​

 

Posted in: Treasury Management

CDFI Fund Director Donna Gambrell speaks at Clinton Global Initiative conference on importance of creating access to financing for small businesses

By: Kim Beauman
Friday, June 08, 2012

​​Community Development Financial Institutions, CDFIs, are at the forefront of low-income community and economic development efforts across the United States.  Without CDFIs, many distressed neighborhoods across the country would have a far more difficult time attracting the investment capital necessary to improving the quality of life of millions of Americans.
Posted in: CDFI
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