** FILE ** Social Security Administration Commissioner Michael J. Astrue speaks at a news conference on the Social Security and Medicare trustees report at the Treasury Department in Washington on Aug. 5, 2010. (AP Photo/Charles Dharapak)
Fannie Mae was able to report a quarterly gain mostly because it had lower expenses for its losses. Two key reasons for that: Home price declines have slowed and fewer mortgages are in serious delinquency. It will pay a dividend to the Treasury Department as a result. (Associated Press)
Fannie Mae was able to report a quarterly gain mostly because it had lower expenses for its losses. Two key reasons for that: Home price declines have slowed and fewer mortgages are in serious delinquency. It will pay a dividend to the Treasury Department as a result. (Associated Press)
A Chinese clerk counts U.S. dollars in exchange for Chinese renminbi at a Hefei, China, bank. The Treasury Department said Tuesday that China's currency is undervalued, but "misalignment has narrowed over the course of the past 18 months." (Associated Press)
Secretary of State Hillary Rodham Clinton and Treasury Secretary Timothy F. Geithner announced new sanctions against Iran on Monday for the purpose of pressuring Tehran to halt its suspected nuclear weapons program. The Treasury Department also named the Central Bank of Iran as a primary money-laundering "concern." (Associated Press)
** FILE ** Treasury Secretary Timothy Geithner speaks at the Financial Stability Council meeting on the one-year anniversary of the Dodd-Frank Reform and Consumer Protection Act, Monday, July 18, 2011, at the Treasury Department in Washington. (AP Photo/Susan Walsh)
WORKING TOGETHER: Treasury Secretary Timothy F. Geithner and Chinese Vice Premier Wang Qishan wait as documents are exchanged during a signing ceremony on Tuesday in the Cash Room of the Treasury Department in Washington during the U.S.-China Strategic and Economic Dialogue meetings. (Associated Press)
Treasury Secretary Timothy F. Geithner takes his seat after making a statement during the U.S.-China Strategic and Economic Dialogue meetings at the Treasury Department in Washington on Monday, May 9, 2011. (AP Photo/Jacquelyn Martin)
Adam Szubin, Treasury Department official
