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WASHINGTON -Though the Treasury Department quickly approved scores of institutions' requests for capital injections, many others seeking a share of the government funds have been waiting weeks for an answer, [...]

Activity in the 'scratch and dent' auction market has picked up since the Treasury Department pulled the plug on its master plan to buy troubled mortgage assets, market participants said [...]

The Treasury Department's decision to abandon its initial plan to buy distressed mortgage assets effectively cuts credit unions out of the $700 billion bailout, but the industry hopes that the [...]

Notice 2008-81 describes a Treasury Department program in response to the credit market instability to make available certain funds from its Exchange Stabilization Fund on a temporary basis to certain [...]

The American Bankers Association asked the Treasury Department Thursday to clarify the purpose of its Capital Purchase Program and to extend the deadline to participate. In a letter to Treasury [...]

The Treasury Department is clearly picking winners and losers as it decides which banks will receive equity injections and which will not. But what are the criteria? How come First [...]

WASHINGTON - The Treasury Department has approved capital injections for about 20 more banks and thrifts and is considering taking equity stakes in insurance companies, sources said Friday. The department [...]

WASHINGTON - Several Senate Banking Committee members pressured the Treasury Department on Thursday to require banks that receive an emergency capital injection to use the funds for lending activities and [...]

When the Bush administration submitted its three-page bailout proposal to Congress, taking equity positions in financial institutions was not included. Congress added it, hoping to recover some of the public's [...]

Last week the secretary of the Treasury and the chairman of the Federal Reserve Board decided to save the American banking industry from its follies by partially nationalizing the banks [...]

The Treasury Department opened its temporary guarantee program for money market mutual funds Monday and released more details about how it would work. The program would be in effect initially [...]

The Treasury Department's plan to spend as much as $700 billion to buy and hold banks' troubled assets, along with a ban on short-selling of financial stocks, helped calm markets [...]

WASHINGTON - A year after lenders, servicers, and credit counselors came together at the behest of the Treasury Department to speed up loan modifications, there are ongoing doubts about how [...]

John Chatfeild-Roberts believes the decision to embrace the new powers available under the NURS structure adopted for the Jupiter Merlin range has helped performance, but insists they will be wielded [...]

Treasury Secretary Henry Paulson said Monday that challenges remain during the current housing crisis, and that details of his agency's foreclosure prevention plans are still being worked out. 'This multilayered [...]

The Treasury Department plans to begin distributing Social Security benefits to the unbanked through prepaid debit cards this spring. The agency said Friday that it would begin offering the Direct [...]

Sovereign wealth funds (SWFs) have garnered significant attention recently due in large part to their rapid growth in number and size. Concerns about these developments are giving rise to protectionist [...]

WASHINGTON -- Recent attempts, and apparent misses, by the Treasury Department to resolve pressing financial problems could be chalked up to the fact that there are no easy answers. But [...]

A Treasury Department-backed alliance of mortgage industry participants formed to boost counseling efforts with troubled borrowers signaled openness Wednesday for swift modifications of a certain class of problem loans. After [...]

The Treasury Department has received applications from 15 financial institutions interested in providing nationwide debit card services to unbanked recipients of Social Security and other federal benefits. The Treasury's goal [...]

THREE-YEAR NOTES DISCONTINUED The U.S. Treasury Department says it is discontinuing sales of three-year notes because of improved budget deficits. It adds that the last auction of $14 billion in [...]

Insuring the Coast Federal Deposit Insurance Corp. Chairman Sheila Bair returned last week from her first post-Katrina trip to the Gulf Coast talking about the need for insurance reform in [...]

The Treasury Department has published rules implementing the Terrorism Risk Insurance Extension Act of 2005 in which Congress tweaked the government's approach to backing up the insurance industry in the [...]

The Treasury Department and the Internal Revenue Service have announced higher maximum contribution levels for health savings accounts in 2006. The limits, unveiled on Friday, reflect indexing for cost-of-living increases. [...]

AIRLINE INDUSTRY INFORMATION-(C)1997-2005 M2 COMMUNICATIONS LTD The US Treasury Department has said that the federally backed loans for US Airways and America West Airlines are to be sold. The US [...]

The Treasury Department's Financial Crimes Enforcement Network has promised quick action on what it called an 'alarming' surge in the number of banks refusing to take check-cashing businesses as customers. [...]

The Treasury Department announced last week that it is now accepting applications for technical assistance grants through its Community Development Financial Institutions Program. More than two-dozen credit unions received technical [...]

Financial Crimes Enforcement Network Director William Fox was expected to announce plans today for a new office inside his agency that aims to help federal regulators refine their money-laundering exams. [...]

Bankers unhappy with privacy policy disclosures required under the Gramm-Leach-Bliley Act of 1999 should submit drafts of how they think the disclosures should read, a Treasury official said Thursday. Wayne [...]

Countrywide Financial Corp.'s chairman criticized a senior Treasury Department official's recent remark that the Bush administration would be open to severing the department's lines of credit for Fannie Mae and [...]

The House Financial Services Committee announced Friday that Treasury Secretary John Snow would testify July 25 on the regulatory structure of the housing government-sponsored enterprises. Observers have been waiting for [...]

The Treasury Department last week started changing the way it compensates companies that provide banking services to the government. Under the old system, which relied on 'compensating balances,' the Treasury [...]

The Treasury Department has established a new office to lead the government's efforts to combat money laundering and other financial crimes, the agency announced Monday. The Office of Terrorist Financing [...]

Pension funds may rescue the economy! In an open letter to President George Bush, Edward H. Friend and Robert Neilson recommended relaxing the rules requiring employers to make up shortfalls [...]

Hundreds of banks, credit unions, and loan funds are vying for a sliver of a new government tax credit, but only a fraction of them will be walking away winners. [...]

Bipartisanship and cooperation between Congress and the White House have reigned in anti-money-laundering policy since the terrorist attacks last year, but that peace was interrupted Thursday by a trio of [...]

A wave of controversy stirred up by the collapse of America's energy giant, Enron, has washed up at the front door of the White House. Amid a series of potentially [...]