WASHINGTON — The Obama administration is pushing Congress to simplify federal business taxes after Treasury Secretary Jacob Lew said Democrats and Republicans are too far apart to agree on sweeping changes to taxes paid by individuals and families. Lew said ...Read More »
WASHINGTON — The Treasury Department has sold its remaining warrants in American International Group Inc., severing its final financial link to the insurance company that got the government’s biggest bailout of the 2008 financial crisis. Treasury received approximately $25 million ...Read More »
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund is soliciting comments on the New Markets Tax Credit Program. Input is sought to increase effectiveness, while reducing cost and burden on program participants. This request is part of ...
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WASHINGTON, D.C. — Treasury Secretary Timothy Geithner on Tuesday reassured investors that the White House and Republican lawmakers will reach a deal to control the nation's finances, downplaying an unprecedented warning that the government risks losing its coveted debt rating if it fails to do so.Read More »