Department of the Treasury

The Congressional Budget Office (CBO) issued its Monthly Review late last week (and today, the Treasury released its Monthly Statement for May). CBO...

Yesterday CBO issued a very interesting report on the budgetary impact of the Federal Reserve's actions to address the economic and financial crisis...

GM has been getting some prominent press coverage over the past few days, following their repayment of $4.7 billion to the Treasury on Tuesday. The...

U.S. Treasury markets were relatively quiet most of this week, although some Friday morning news had translated into market gains, as of early...

In today’s hearing before the full House Appropriations Committee, the troika (OMB Director Peter Orszag, Treasury Secretary Geithner, and Dr...

The Treasury Department recently released its annual Financial Report of the U.S. Government, reporting on the budget deficit, net operating costs...

The Federal Reserve announced, this morning, that it will transfer $46.1 billion in FY2009 profits over to the Treasury, higher than the $31.7 billion...

General Motors and Wells Fargo have both just announced that they intend to repay all of the $6.7 billion and $25 billion, respectively, in...

Secretary Geithner recently said that the Administration will outline its exit strategy for TARP in the next few weeks, but the expiration date has...

UPDATE: Treasury Secretary Geithner testified on Nov. 19 before the Joint Economic Committee, stating that "we are winding [TARP] down and will close...

This morning, a Wall Street Journal article reported that the White House intends to use some of the remaining TARP cash for deficit reduction, while...

The Monthly Treasury Statement is out, and states that Fiscal Year 2010 is off to a perilous start. The deficit for the month of October is ringing in...