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U.S. Treasury

Latest U.S. Treasury Items
  • The Tea Party Patriots plan to "rein in the IRS" through nationwide protests at Internal Revenue Service offices on Tuesday as it taps into public outrage. (Tea Party Patriots)

    Inside the Beltway: The Big Brew

    Delicious irony, perhaps: the tea party has been reinvigorated and reinvented following revelations that its groups' nonprofit status had been singled out and investigated by the IRS. Though a critical news media has tried to purge the conservative, liberty-minded grass-roots movement from the public radar, the tea partyers still push back in huge numbers, and on their own terms. Rush Limbaugh now deems the tea party "fearless."


  • President Obama waves as he walks to board the Marine One helicopter on the South Lawn at the White House in Washington on April 3, 2013, as he travels to Denver and San Francisco. (Associated Press)

    Obama sequesters own salary, plans to give back 5 percent of pay

    President Obama will give back 5 percent of his salary to the U.S. Treasury in a show of solidarity with federal workers facing furloughs due to "sequester" budget cuts, the White House said Wednesday.


  • associated press

    Obama heads to California for several high-dollar fundraisers

    After breaking bread with Republicans lately in search of compromise, President Obama will return to his role as Democratic fundraiser-in-chief Wednesday with a trip to the homes of liberal billionaire supporters in San Francisco.


  • Chinese President Xi Jinping (right) shakes hands with U.S. Treasury Secretary Jack Lew during the American official's visit to the Great Hall of the People on Tuesday, March 19, 2013, in Beijing. Mr. Xi said China wants strong ties with Washington as he held talks with Mr. Lew in Mr. Xi's first meeting with a foreign official since being appointed president. (AP Photo/Feng Li, Pool)

    Treasury Secretary Jack Lew in China to talk N. Korea, cybersecurity, economics

    Recently confirmed U.S. Treasury Secretary Jack Lew met with newly minted Chinese President Xi Jinping in Beijing on Tuesday, the first high-level talks between the two nations since the U.S. election last year and China's recent completion of its once-in-a-decade leadership transition.


  • ** FILE ** In this May 12, 2005, file photo, Maurice Greenberg, former CEO of American International Group, exits the ceremony after he received an award from the Police Athletic League in New York. Greenberg is asserting that the company under his leadership did not have the type of executive bonus system that has come under harsh criticism across the country Friday, March 20, 2009.

    LEE: Private property rights at stake in AIG shareholder case

    People reading the business news recently may have glossed over a report that a Washington claims-court ruled that a particular plaintiff could pursue its case against the U.S. government. Much more is riding on this determination, however, than is apparent at first blush. To paraphrase Arthur Miller, a terrible thing might be happening, so we must pay attention.


  • In this Oct. 11, 2010, file photo, Kentucky Republican U.S. Senate candidate Rand Paul speaks during a debate with Democrat Jack Conway at Northern Kentucky University in Highland Heights, Ky. (AP Photo/David Kohl, File)

    Rand Paul writes $600K check to U.S. Treasury

    U.S. Sen. Rand Paul is returning $600,000 to the U.S. Treasury that he saved by scrimping in the past year at his Senate office. "It's the only budget I control. ... It's not enough, but it's a start," the senator told reporters at a conference in downtown Louisville.


  • Illustration by Linas Garsys for The Washington Times

    SCHILLER: A history of the national debt

    Alexander Hamilton, America's first secretary of the Treasury, issued the first U.S. Treasury bonds on Sept. 18, 1789. The Continental Congress had borrowed money from overseas to help finance the Revolutionary War and could not pay back its loans.


  • Inside the Beltway: The trillion-dollar coin

    The White House had better snap up one of these quick: American Mint has just issued the "$1 Trillion Coin," a gleaming, platinum-plated collector's coin that shows what the legendary, imaginary trillion-dollar coin could look like. There's an image of the U.S. Capitol's "Freedom" statue on the front, and "one trillion dollars" and "no legal tender" on back. And to the inevitable delight of both President Obama and the Republican Congress, this version is only $9.95.


  • ** FILE ** Timothy F. Geithner (Associated Press)

    Timothy Geithner heading to Council on Foreign Relations

    Tim Geithner is jumping from U.S. Treasury Secretary to the Council on Foreign Relations, as distinguished fellow based in New York, starting later this month.


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