By: Neal Wolin
Thursday, March 15, 2012
Today, the Office of Financial Research (OFR) released its Strategic Framework for FY 2012 to FY 2014. The strategic framework explains the goals and principles that will guide the OFR’s work, spells out the architecture for the OFR, and sets out a framework for accountability.
Posted in: Wall Street Reform, Office of Financial Research
By: Kate Harris
Thursday, March 15, 2012
While the fields of economics and finance continue to
be heavily represented by men, Treasury’s history reminds us that women
have been, and continue to be, important leaders in shaping economic
policy. This is particularly noteworthy at a moment in U.S. history when
the rules of the financial sector are being rewritten and technology is
changing the way our economy functions.
Posted in: Women's History Month
By: Charles Collyns
Thursday, March 15, 2012
In the last year, the global economy has faced daunting
challenges. The Arab Spring brought new hope for democracy across the
Middle East and North Africa, but market concerns about disruptions to
oil supplies sent fuel prices soaring. Japan and Thailand were hit by
devastating natural disasters – which were first and foremost human
tragedies but also shuttered factories and disrupted global supply
chains. And most concerning of all for the global economy, the sovereign
debt crisis in the euro area fueled financial market volatility,
despite strenuous efforts by European policy makers to respond.
Posted in: International
By: Sabrina Siddiqui
Tuesday, March 13, 2012
With business tax filing deadlines fast approaching,
the Internal Revenue Service (IRS) today urged employers to explore
whether they qualify for the Small Business Health Care Tax Credits
available as a result of the Affordable Care Act. Already, hundreds of
thousands of small businesses and small business owners – and even
larger numbers of workers – have benefited from the credit.
Posted in: Tax Policy
By: Sheila Miller
Monday, March 12, 2012
Psst…hey you! Do you want to know how 30 minutes can
make a difference in the life of a student? In just about 30 minutes
you can administer the National Financial Capability Challenge online exam. The Challenge, which runs from March 12 through April 13, is a great way to allow your students to test themselves on questions of saving, spending, and investing so they can avoid financial pitfalls in the future.
Posted in: Financial Education and Financial Access
By: Anthony Coley
Friday, March 09, 2012
Yesterday, as part of ongoing efforts to engage with business and community leaders across the country, Treasury Secretary Tim Geithner visited the Lone Star State to discuss the strengthening of the U.S. economy, and additional steps that are needed to help support continued growth and job creation.
Posted in: Infrastructure
By: Erika Gudmundson
Thursday, March 08, 2012
Earlier today, Treasury Secretary Tim Geithner toured
BNSF’s Alliance Intermodal Facility in North Fort Worth, Texas to
highlight the importance of domestic infrastructure development to the
competitiveness of American businesses. And while in the Dallas-Fort
Worth area, the Secretary also met with local business leaders at the
Dallas Regional Chamber of Commerce.
Posted in:
By: Erika Gudmundson
Tuesday, March 06, 2012
Last week, Treasury Secretary Tim Geithner penned an op-ed in the Wall Street Journal which discussed the perils of financial crisis amnesia. And on Friday, Deputy Treasury Secretary Neal Wolin appeared on CNBC’s Squak Box and on Bloomberg TV to reinforce the importance of implementing Wall Street Reform and contrast the terrible costs of crisis with the complaints of those attempting to weaken or repeal that reform.
Posted in: Wall Street Reform
By: Erika Gudmundson
Monday, March 05, 2012
This morning, Treasury Assistant Secretary for Financial Markets Mary Miller discussed continued progress on implementation of the Dodd-Frank Wall Street Reform and Consumer Protection Act at the Annual Washington Conference of the Institute of International Bankers (IIB).
Posted in: Wall Street Reform
By: Emily McMahon
Thursday, March 01, 2012
Recent press reports have glossed over a number of central facts when describing how federal tax laws were applied to companies that received government assistance during the financial crisis. These stories present an incomplete picture.
Posted in: Tax Policy
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