Links in “US Treasury”
- The $10 Bill Tempest
The tempest over which woman to put on the $10 bill has caused Treasury to miss its self-imposed December deadline for an announcement. [1/27/16]
- Op-Ed: New Way For Americans To Save
Treasury Deputy Secretary Sarah Bloom Raskin, via The Atlanta Journal-Constitution, writes about how the Treasury Department is making saving for retirement more accessible through âmy Retirement Accountâ, or myRA. This program removes many of the common barriers to saving, including fees and minimum requirements. [1/27/16]
- Tips for Tax Season
If you have student loans and have to pay taxes this year, there may be an easier solution for you. The U.S. Treasury and Education Departments have partnered with tax gurus H&R Block and Intuit in order to provide better service to tax payers with student loans. [2/5/15]
- Treasury Issues Rule to Implement Cuban Sanction Changes
The Treasury Departmentâs Office of Foreign Asset Control issued a final rule to implement changes to the sanctions imposed on Cuba. The changes affect remittances, permit U.S. financial institutions to open correspondent accounts at Cuban financial institutions, and authorize certain transactions with Cuban nationals located outside of Cuba. [1/16/15]
- Instant Card Issuance Expected to Explode in 2015
Study finds the projected number of U.S. bank branches equipped to allow consumers to walk out with activated cards in hand to grow from 14,000 this year to 28,000 in 2015. [12/10/14]
- Agencies Announce New Relief Measures for HAMP Homeowners
The Home Affordable Mortgage Program allowed participating homeowners the ability to combine lower interest rates and modified loan terms to reduce monthly payments. Homeowners who remained current after the modification were eligible to earn up to $5,000 to be applied to the loan's principal over the first five years of the modification. HUD and the Treasury have just announced revisions that will allow these homeowners to earn an additional $5,000 in the sixth year for a total of a $10,000 credit to principal. [12/8/14]
- NCUA Owes Treasury $2.6 Billion
Principal and interest on the NCUA Guaranteed Notes and other obligations of the Corporate Credit Union Stabilization Fund must be paid to the Treasury before NCUA can distribute any remaining funds to credit unions. Still, no additional assessments to credit unions are expected. [11/26/14]
- Treasury Deputy Secretary Raskin on Student Debt Crisis
Speech by Treasury Secretary Raskin at the National Consumer Law Center's Annual Consumer Rights Litigation Conference highlights the significant growth of student loans in default (7.1 million with a rise of 200,000 in the first six months of 2014), potential problems behind this rise, and efforts to try and resolve some of the issues. [11/7/14]
- Attention Struggling Homeowners! There Is Help!
Facing foreclosure? The HUD, Treasury, and The Ad Council want you to know that you have options through the Making Home Affordable (MHA) Program. [9/25/14]
- Treasury Announces New Community Investment Tool for CDFIs
The Treasury announced a new program, the CFDI Bond Guarantee Program, designed to help CDFIs fill a gap in the financing options available to underserved communities. [8/21/14]