Government Agencies Treasury Department

  • Goldman_Sachs_Building2.jpg

    In accusing Goldman Sachs of defrauding investors, regulators are not only taking aim at a company with deep pockets and a will to fight - they are also pursuing an unusual claim that could be difficult to prove in court, legal experts said.  The New York Times explains.

  • Senate Minority Leader Mitch McConnell (R-KY)

    With the Senate scheduled to begin debate on a financial overhaul bill this week, the fraud suit against the Wall Street titan Goldman Sachs has emboldened Democrats to ratchet up pressure on Republicans who oppose the Obama administration’s proposal.

  • There is no substitute for having an emergency savings account, Suze says, especially after this most recent recession. Her New Rules for Saving require you to have real money tucked away – for eight month’s worth of living expenses – at a real federally insured bank or credit union. That is the only way you can be certain that you will be able to handle any of life’s unexpected “what ifs” and “uh-ohs.”But let’s say you’ve been following Suze’s advice and you’re now wondering if your emergency f

    To help you figure this out, Suze answered some of the most frequent – and important – questions her viewers have about saving. Read on for her top tips.

  • US House Minority leader John Boehner looks on as Senate Minority leader Mitch McConnell speaks to reporters following their meeting with President Barack Obama and the bipartisan Congressional leadership about the financial reform.

    As the Obama administration and Senate Republicans clash over the future of the nation’s financial regulatory system, there is one principle on which they agree: Taxpayers should never again have to bail out giant financial institutions.

  • President Barack Obama (C) speaks during a meeting on financial reform. Obama and Vice President Joe Biden met with Speaker Nancy Pelosi (2ndL), Senator Harry Reid(R), Senator Mitch McConnell, Congressman John Boehner(L), and Congressman Steny Hoyer, focusing to reform Wall Street.

    The White House and Democratic Congressional leaders said Wednesday that they would press forward with legislation to tighten regulation of the nation’s financial system. Rebuffing Republican criticism, the Democrats effectively dared the minority party to side with Wall Street by opposing the measure.

  • Since the first widely accepted plastic charge card was issued in 1958 by American Express, the use of credit cards has skyrocketed. In fact, at the end February, more than 576 million credit cards were in circulation* in the United States alone, with US consumers' revolving debt rising to $864.4 billion*** (98 percent of which is made up of credit card debt) as of January.The average American household with credit card debt at that time was carrying more than $16,000** at an average rate of 14.

    Since the first widely accepted plastic charge card was issued in 1958 by American Express, the use of credit cards has skyrocketed. Check out the world's top 10 credit card issuers.

  • US Debt Clock

    The government’s surging deficit can be cut, easy. Getting it done? Almost impossible. Economic recovery and the end to stimulus spending will do the heavy lifting in Treasury's plan to slash the deficit.

  • Uncle Sam and money

    The budget deficit for March showed a dramatic decline as the Obama administration formally entered a lower ultimate cost for the government's $700 billion financial bailout program.

  • IRS Form 1040

    As procrastinating taxpayers scramble to get their 2009 returns in by the April 15th deadline on Thursday, it’s time for high-net-worth investors to take steps to avoid a potential tax bomb nine months hence.

  • In an exclusive to CNBC.com, Fast Money Trader Brian Kelly says "China's lending practices have been compared to the US during the 2000's and without the automatic stabilizers of the free market it is likely that tremendous imbalances exist. In the word's of Warren Buffet...when the tide goes out we see who has been swimming naked."

  • Stocks snapped a two-day losing streak Thursday after retailers delivered their best sales numbers in a decade, reinvigorating confidence in the recovery. Banks and retailers advanced. Chips were weak.

  • Stocks rose to session highs Thursday afternoon after the 30-year Treasury auction was met with satisfactory demand and banks gained.

  • Stocks extended their losing streak for a third day Thursday after an unexpected jump in jobless claims rattled an already skittish market.

  • U.S. stock index futures pointed to a lower open Thursday after an unexpected jump in jobless claims last week.

  • Treasury Building

    Analysts said that the results of Wednesday’s 10-year $21 billion Treasury auction gave a clear signal that investors have a healthy appetite for U.S. government debt and will serve as a bellwether for how those auctions will perform going forward.

  • NYSE traders

    The central bank basically sees no inflation at all on the horizon. They’re showing no imminent sign of ending their ultra-easy money for an extended period any time soon. But my message to them and to investors is this: Are you sure about this low-growth recovery?

  • The 1.776 percent yield alone of the 3-year $40 billion Treasury auction Tuesday earns the auction a solid grade of B.

  • The Dow's ascent after the latest Fed minutes quickly petered out and the blue-chip index ended flat. Banks and some techs were higher, while retail and homebuilder stocks were weak.

  • THe Dow turned higher Tuesday after the latest Fed minutes were released. Banks and some techs were higher, while retail and homebuilder stocks were weak.