The U.S. Treasury is winding down its auto industry recovery program by selling the last of its stake in Ally Financial.» Read More
WASHINGTON, July 28- President Barack Obama could act without congressional approval to limit a key incentive for U.S. corporations to move their tax domiciles abroad in so-called "inversion" deals, a former senior U.S. Treasury Department official said on Monday.
WASHINGTON, July 24- Bank of America Corp's banking unit agreed to pay $16.6 million to resolve allegations that it processed several hundred transactions for drug traffickers who are subject to U.S. sanctions, the U.S. Treasury Department said on Thursday.
WASHINGTON, July 24- Bank of America Corp's banking unit agreed to pay $16.6 million to resolve allegations that it processed transactions for drug traffickers who are subject to U.S. sanctions, the U.S. Treasury Department said on Thursday.
The euro has remained stubbornly strong amid a slew of obstacles, and some analysts said the European Central Bank has kept it higher.
U.S. Treasury Secretary Jack Lew highlighted the decision American companies face—stay domestic and pay taxes or go abroad for savings.
The Treasury Department is urging an end to tax inversions. Former Deputy Treasury Secretary Neal Wolin, weighs in.
The Treasury secretary also says the financial system, finally recovering from the recession, faces another perilous challenge: cyberattacks.
CNBC's Jim Cramer asks Treasury Secretary Jack Lew if it is appropriate for federal officials to comment on individual market movements.
Treasury Secretary Jack Lew talks with CNBC's Jim Cramer about the evolution of trade agreements and the real power of China. Lew says the global economy depends on a good U.S. China relationship.
Treasury Secretary Jack Lew talks with CNBC's Jim Cramer about corporate tax inversions.
U.S. Treasury Secretary Jack Lew tells CNBC that cyber-security is no longer the sole responsibility of IT departments -- CEOs need to focus on 'cyber hygiene' as well. His comments came during an interview with CNBC's Jim Cramer at the Delivering Alpha conference on Wednesday.
In a wide-ranging conversation, Treasury Secretary Jack Lew talks with CNBC's Jim Cramer about shoring up Internet safety, tax inversions, reforming GSEs, and hitting the U.S. debt ceiling.
Treasury Secretary Jack Lew, discusses how cyber intrusions are impacting and interrupting businesses and the U.S. financial systems.
At CNBC's Delivering Alpha Conference, Treasury Secretary Jack Lew addresses the concerns of cyberattack on the financial world.
An estimate from congressional research suggests the U.S. could miss out on billions from companies making acquisitions overseas.
WASHINGTON, July 11- The U.S. budget surplus was $71 billion at the end of June, down 39 percent from the same period last year, according to data released by the Treasury Department on Friday.
NEW YORK, July 1- The U.S. Treasury Department has just given a tax break and its blessings to retirement savers who want to buy long-term deferred annuities in their 401 and individual retirement accounts.
The U.S. reported a $130 billion deficit in May after a surplus in April, but this year's imbalance is on track to be the lowest in 6 years.
Iranian oil exports are running above the levels the Islamic Republic agreed to when sanctions were loosened.
More than 77,000 foreign banks and financial institutions have agreed to share US tax information with the IRS.