Washington DC - March 12 - The U.S. Department of the Treasury announced that it priced a secondary public offering of warrants to purchase common stock of Texas Capital Bancshares, Inc., providing an additional return to the American taxpayer from Treasury’s investment.

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Washington DC - March 11 - A restructuring of mortgage giants Fannie Mae and Freddie Mac has been put on hold in what has become the most costly component of the federal bailout of the financial system, as reported in The Washington Post.

To read the Washington Post article, CLICK HERE

Washington DC - March 11 - Treasury Secretary Timothy F. Geithner offered testimony before the House Committee on Appropriations on the department’s Fiscal year 2011 budget and its efforts at reinforcing strong, broad-based economic growth.

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Washington DC - March 4 - The U.S. Department of the Treasury announced that it priced a secondary public offering of warrants to purchase common stock of Bank of America Corporation, representing the Treasury’s sale of its remaining investment in the Company.

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Washington DC - March 3 - Unclaimed refunds totaling more than $1.3 billion are awaiting nearly 1.4 million people who did not file a federal income tax return for 2006, the Internal Revenue Service announced.

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Washington DC - February 25 - Treasury Secretary Timothy F. Geithner offered written testimony before the House Budget Committee on the President’s Fiscal Year 2011 Budget.

To read his full statement, CLICK HERE

Washington DC - February 22 - President Obama, with Senate Majority Leader Harry Reid, announced funding for innovative measures to help families in the states that have been hit the hardest by the aftermath of the housing bubble.

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Washington DC - February 22 - The Obama Administration released details of an over $400 million Healthy Food Financing Initiative, which will bring grocery stores and other healthy food retailers to underserved urban and rural communities across America.

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Washington DC - February 19 - Treasury Secretary Geithner announced President Obama’s proposal to improve, extend and broaden the New Markets Tax Credit, attracting additional investments to help revitalize distressed communities.

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Washington DC - February 16 - The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for December 2009.

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Washington DC - February 12 - The U.S. Department of the Treasury announced $1 billion in stimulus bond authority under the American Recovery and Reinvestment Act for 76 tribes across the country to help create jobs, complete projects, and bring much needed economic revitalization to Tribal lands.

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Washington DC - February 11 - The U.S. Department of the Treasury released the following statement from Secretary Geithner marking one year of the Financial Stability Plan and its effect on the economy.

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Washington DC - February 9 - The Treasury Department provided another comprehensive update on issuances of the Build America Bonds program, including state-by-state data.  The Build America Bonds program is a new financing tool created by the Recovery Act to allow state and local governments to obtain much-needed funding for projects.

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Washington DC - February 4 - Treasury Secretary Timothy F. Geithner discussed President Obama’s FY 2011 before the House Ways and Means Committee, and the Administration’s commitment to laying a foundation for job creation in the private sector.

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Washington DC - February 3 - Another wave of bonuses is planned by American International Group(AIG) totaling about $100 million, just one year after a round of bonuses at AIG raised the ire of Americans, as reported in The Washington Post.

To read the Washington Post article, CLICK HERE