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Treasury Department


  • WASHINGTON, June 30- The United States is closely monitoring the situation in Greece and will keep urging all parties to help put Athens on a path to growth within the euro zone, the Treasury Department said on Tuesday. "The nonpayment by the Greeks to the IMF this evening kicks off a long-standing and well-established process at the IMF for addressing arrears," the...

  • Rates rise at weekly US Treasury auction Monday, 29 Jun 2015 | 6:08 PM ET

    The Treasury Department auctioned $24 billion in three-month bills at a discount rate of 0.015 percent, up from 0.010 percent last week. Another $24 billion in six-month bills was auctioned at a discount rate of 0.110 percent, up from 0.080 percent last week. For a $10,000 bill, the three-month price was $9,999.62, while a six-month bill sold for $9,994.44.

  • WASHINGTON, June 22- The U.S. Supreme Court on Monday rejected Ford Motor Co's attempt to claim $470 million in a tax dispute with the Internal Revenue Service. Ford was denied a $470 million interest payment by a Michigan district court in 2010. The U.S. appeals court ruled against Ford in December 2012. The case is Ford Motor Co v United States, U.S. Supreme Court, No....

  • US Treasurer: Woman will be featured on $10 bill Thursday, 18 Jun 2015 | 10:36 AM ET
    US Treasurer: Woman will be featured on $10 bill

    The U.S. Treasury Department says a redesigned $10 note will feature a woman. Rosie Rios, Treasurer of the United States, discusses the details.

  • A woman will be on the next $10 bill Wednesday, 17 Jun 2015 | 9:58 PM ET
    Ten dollar bills

    The U.S. Treasury revealed that it will select a woman for the next $10 bill, and it's soliciting the public's opinion.

  • At stake in a financial meltdown: $26 trillion? Tuesday, 16 Jun 2015 | 2:36 PM ET
    Stacks of cash dollars

    As the system keeps getting bigger, so does the amount for which taxpayers, in an extreme case, would be exposed should things go haywire again.

  • IRS ups efforts to prevent identity theft, fraud Thursday, 11 Jun 2015 | 5:41 PM ET
    Internal Revenue Service building

    Reeling from an online attack, the IRS announced a sweeping effort to step up protections against identity theft and fraud, NYT reports.

  • U.S. posts budget deficit of $82.4 billion in May Wednesday, 10 Jun 2015 | 2:00 PM ET

    WASHINGTON, June 10- The United States posted a budget deficit of $82.4 billion in May, a 37 percent drop from the same period last year, the U.S. Treasury Department said on Wednesday. Analysts polled by Reuters had expected a $98 billion deficit for last month. Receipts last month were $212 billion, up 6 percent from the same period last year, while outlays were $295...

  • US sells 10-year notes at highest yield since Sept Wednesday, 10 Jun 2015 | 1:28 PM ET
    Traders in the 30-year bond options

    Yields remained higher on Wednesday as the government's auction of 10-year notes met solid demand.

  • Making heads or tails of TIPS Tuesday, 9 Jun 2015 | 10:04 AM ET
    coin flip toss

    Personal Capital's Bill Harris explains how Treasury Inflation-Protected Securities can help investors manage inflation risk.

  • SEC's revolving door good for government: Gallagher Thursday, 4 Jun 2015 | 12:23 PM ET
    Daniel Gallagher

    Conservative SEC Commissioner Daniel Gallagher tells CNBC a revolving door between the agency and Wall street benefits the government.

  • WASHINGTON, May 29- A senior U.S. Internal Revenue Service official said on Friday he is "fairly confident" there will be another round of indictments in the criminal investigation into alleged corruption within soccer's governing body, FIFA, the New York Times reported. "I'm fairly confident that we will have another round of indictments," Richard Weber, the chief...


  • Jack Lew urges broad deal on Greece, details later Friday, 29 May 2015 | 12:24 PM ET
    Treasury Secretary Jacob Lew speaks at a press conference at the IMF/WB Spring Meetings in Washington, DC.

    Greece and its creditors need to quickly agree on a deal to address the crisis and then work out the details, U.S. Treasury Secretary Jack Lew said.

  • Short-term yields hit lows after solid 7-year sale Thursday, 28 May 2015 | 1:14 PM ET
    Traders work on the floor of the New York Stock Exchange.

    Bond yields tumbled after the government's auction of seven-year notes, the last batch of this week's $90 billion offering of new debt supply.

  • WASHINGTON, May 19- Yahoo Inc shares fell 7.6 percent on Tuesday on concerns that a possible change in U.S. tax regulations would affect Yahoo's planned spinoff of its stake in Alibaba Group Holding Ltd.. The change- discussed by a U.S. Internal Revenue Service official in Washington- could complicate the plan announced by Yahoo in January to spin off its 15...

  • WASHINGTON, May 19- Shares in Yahoo Inc fell 7.6 percent on Tuesday, as the stock sold off dramatically in the last 20 minutes of the trading day on worries that a potential change in U.S. tax regulations would affect Yahoo's expected spinoff of its stake in Alibaba Group Holding Ltd. The potential change, which Bloomberg reported that an Internal Revenue Service...

  • U.S. posts budget surplus of $157 billion in April Tuesday, 12 May 2015 | 2:00 PM ET

    WASHINGTON, May 12- The United States ended the month of April with a budget surplus of $157 billion, a 47 percent jump from the same period last year, the U.S. Department of the Treasury said on Tuesday. The United States had a surplus of $107 billion in April 2014, according to Treasury's monthly budget statement. Receipts in April totaled $472 billion, up 14 percent...

  • Banks not buying what the US government is selling Tuesday, 12 May 2015 | 1:43 PM ET
     Traders Chicago Board Options Exchange (CBOE)

    Total U.S. government debt holdings by the 18 largest banks in the country declined by $2.6 billion in the first quarter.

  • DIARY- Top Economic Events to May 25 Monday, 11 May 2015 | 8:01 PM ET

    WASHINGTON- U.S. Treasury Department will host its annual State Small Business Credit Initiative conference. NEW YORK- Federal Reserve Bank of San Francisco President John Williams speaks on the economic outlook before the New York Association for Business Economics- 1645 GMT. WASHINGTON- Former Federal Reserve chair Alan Greenspan speaks before the 17th...